Global Prime vs GO Markets Forex Broker Comparison
A head-to-head comparison of Global Prime and GO Markets across regulation, trading costs, platforms, and editorial scoring.
Score 4.2 / 5
2 bonusesASIC-regulated NDD/ECN broker with raw spreads from 0.0 pips and one of the most transparent execution reports in retail forex - a strong choice for active traders who prioritise verified execution quality over marketing.
VS
Score 4 / 5
2 bonusesTrue ECN pricing, three platform options, and ASIC regulation - a solid choice for Australian traders though with a higher minimum deposit than peers.
Our Verdict
Global Prime winsby 0.2 pts
Global Prime edges ahead with a score of 4.2/5 vs GO Markets's 4/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
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
It's a tie
Both equally suited
Both brokers offer spreads from 0 pips.
Best for safety & regulation
Recommended
GO Markets has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for platform choice
Recommended
GO Markets offers more exclusive platform options: MetaTrader 5.
Best for beginners
Recommended
Global Prime edges out GO Markets with a higher editorial score (4.2/5 vs 4/5), indicating a stronger overall experience for new traders.
Global Prime vs GO Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.0 / 5 |
Fees & Spreads 30% weight | 4.6 / 5▲ | 4.2 / 5 |
Platforms & Tools 20% weight | 4.2 / 5▲ | 3.9 / 5 |
Customer Support 10% weight | 4.1 / 5▲ | 3.8 / 5 |
| Founded | 2010 | 2006 |
| Headquarters | Sydney, Australia | Melbourne, Australia |
| Min deposit | $200 | $200 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $7/lot | $5/lot |
| Max leverage | 500:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | ASIC VFSC | ASIC CySEC FSC |
| Platforms | MetaTrader 4 cTrader | MetaTrader 4 MetaTrader 5 cTrader |
| Active bonuses | ||
| Visit broker | Visit Global Prime | Visit GO Markets |
Global Prime vs GO Markets Forex Broker Pros & Cons
Pros
ASIC regulated with published quarterly execution quality reports
Raw spreads from 0.0 pips with $7 round-turn commission
True NDD execution - no internal position matching
MT4 and cTrader available
Client funds held in segregated accounts
Negative balance protection
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
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
$200 minimum deposit
Limited product range - forex and major CFD classes only
No proprietary platform or copy trading
No investor compensation scheme
No 24/5 live chat
No phone support
Support available in limited languages
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
Global Prime vs GO Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Global Prime
criteria wins
4
GO Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Global Prime | 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) | Fail | 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 | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Fail | Pass |
Global Prime vs GO Markets: Frequently Asked Questions
Based on our independent editorial scoring, Global Prime ranks higher with a score of 4.2/5 vs 4/5 for GO Markets. The best choice still depends on your individual trading needs; Global Prime and GO Markets may each suit different trader profiles.
Both Global Prime and GO Markets offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
Both Global Prime and GO Markets require a minimum deposit of $200 to open a live trading account.
Both Global Prime and GO Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Global Prime offers maximum leverage of 500:1, while GO Markets offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
GO Markets charges $5 per lot, lower than Global Prime's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Global Prime supports MetaTrader 4, cTrader and GO Markets offers MetaTrader 4, MetaTrader 5, cTrader; both support MetaTrader 4, cTrader; GO Markets exclusively offers MetaTrader 5.
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Score 4 / 5
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