FXCMvs
GO MarketsForex Broker Comparison
Two regulated brokers are closely matched, but platform strategy versus pricing approach creates distinct tradeoffs.
Our Verdict
Too close to call0.1 pts apart
FXCM and GO Markets are closely matched; the clearest differentiator is that FXCM offers a proprietary platform while GO Markets does not.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXCM offers a proprietary platform; GO Markets does not.
- 2FXCM lists 400 instruments; GO Markets lists 350.
- 3GO Markets provides raw spreads; FXCM does not.
Who should choose FXCM vs GO Markets?
Find out which broker best suits your trader profile.
Choose FXCM if…
FXCM: Choose FXCM if you want a proprietary platform. You also gain broad instrument access and strong API support. GO Markets: Choose GO Markets if you need true ECN pricing with three platform options. You benefit from regulation across ASIC, CySEC, and FSC.
Choose GO Markets if…
FXCM: Choose FXCM if you want a proprietary platform. You also gain broad instrument access and strong API support. GO Markets: Choose GO Markets if you need true ECN pricing with three platform options. You benefit from regulation across ASIC, CySEC, and FSC.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
GO Markets offers tighter spreads from 0.00 pips vs 0.40 pips for FXCM, reducing trading costs.
Best for safety & regulation
FXCM vs GO Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5▲ | 4.0 / 5 |
FXCM vs GO Markets Forex Broker Pros & Cons
Pros
Strong APIs (REST, FIX)
Trading Station + MT4
FCA regulated
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
FXCM vs GO Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
FXCM
criteria win
2
GO Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FXCM | GO Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FXCM vs GO Markets: Frequently Asked Questions
The scores are close: FXCM rates 4.1/5 and GO Markets rates 4/5. FXCM has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
GO Markets starts from 0 pips, tighter than FXCM's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXCM has $50, while GO Markets requires at least $200. This makes FXCM more accessible for traders with limited starting capital.
Both FXCM and GO Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: FXCM requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXCM lists maximum leverage of 400:1, while GO Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
GO Markets charges $5 per lot on commission-based accounts. Commission details for FXCM are not currently available. Check their website for up-to-date pricing.
FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader, while GO Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. FXCM has exclusive access to ZuluTrade and Proprietary Web/Mobile and NinjaTrader. GO Markets has exclusive access to cTrader and MetaTrader 5.
