This comparison pits FXTM and GO Markets against each other on regulation, costs, and platform options. The outcome hinges on which strengths matter most to you.
FXTM edges GO Markets on the editorial score, scoring 4.2 to 4.0. This makes FXTM the overall winner based on the stated scores.
Find out which broker best suits your trader profile.
Choose FXTM if…
Choose FXTM if you want a low entry barrier with a $10 micro account. You also benefit from extensive education and strong protection measures including segregated funds and negative balance protection. Regulatory oversight includes FCA and CySEC, which adds credibility.
Choose GO Markets if…
Choose GO Markets if you value three trading platforms and true ECN execution with low $5 per lot commissions. It is ASIC-regulated with segregated funds and offers a raw spread account, plus robust mobile and multilingual support.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
GO Markets offers tighter spreads from 0.00 pips vs 1.50 pips for FXTM, reducing trading costs.
| Editorial score | 4.2/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 4.0 / 5 |
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education, webinars, video courses, and market analysis
Multilingual support in 20+ languages
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FXTM | 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 | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: FXTM rates 4.2/5 and GO Markets rates 4/5. FXTM 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 FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXTM has $10, while GO Markets requires at least $200. This makes FXTM more accessible for traders with limited starting capital.
Both FXTM 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: FXTM requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXTM lists maximum leverage of 1000:1, 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 FXTM are not currently available. Check their website for up-to-date pricing.
FXTM supports MetaTrader 5, MetaTrader 4, while GO Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. GO Markets has exclusive access to cTrader.
FXTM benefits from FCA regulation alongside CySEC and other authorities, enhancing perceived regulatory safety.
GO Markets wins for active traders with ECN execution and diverse platforms.
GO Markets is better suited for scalpers: tighter spreads from 0.00 pips.
GO Markets offers MT4, MT5 and cTrader, expanding platform choice.
FXTM provides a low entry deposit and extensive education for newcomers.
Fees & Spreads 30% weight | 3.9 / 5 | 4.2 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 3.8 / 5 |
|---|
| Founded | 2011 | 2006 |
|---|
| Headquarters | Limassol, Cyprus | Melbourne, Australia |
|---|
| Min Deposit | $10▼ lower | $200 |
|---|
| Spreads From | 1.5 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $5/lot |
|---|
| N/A | 0.5 pips |
| Max Leverage | 1,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPay | Bank transferCredit cardDebit cardSkrillNetellerPayPal |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPay | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA FSCA CySEC FSC | ASIC CySEC FSC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Pros
True ECN execution with three platform options
ASIC-regulated with a clean Australian track record since 2006
Competitive $5 round-turn ECN commission
Good for Australia and Asia-Pacific timezone traders
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
No proprietary platform
Limited charting capabilities
Cons
$200 minimum deposit is higher than many ECN peers
Less brand recognition outside Australia and Asia-Pacific
CySEC entity is offshore for non-AU clients
No proprietary platform
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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