GO Marketsvs
HFMForex Broker Comparison
GO Markets and HFM face off in a battle over regulation, costs, and platform options. The dial shifts around instrument variety and maximum leverage.
Our Verdict
Too close to call0.1 pts apart
GO Markets and HFM are closely matched overall, with the clearest difference being HFM offering a broader instrument universe (1000 vs 350).
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1GO Markets requires a $200 minimum deposit.
- 2GO Markets provides MT4 MT5 and cTrader.
- 3GO Markets is ASIC-regulated.
Who should choose GO Markets vs HFM?
Find out which broker best suits your trader profile.
Choose GO Markets if…
Choose GO Markets if you want MT4 MT5 and cTrader.
Choose HFM if…
Choose HFM if you prefer no minimum deposit and high leverage.
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 0.00 pips.
Best for safety & regulation
It’s a tie
Both equally suited
GO Markets vs HFM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.1 / 5▲ |
GO Markets vs HFM Forex Broker Pros & Cons
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
GO Markets vs HFM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
Highlighted rows show where the two brokers differ
| Criteria | GO Markets | HFM |
|---|---|---|
| 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 | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
GO Markets vs HFM: Frequently Asked Questions
The scores are close: GO Markets rates 4/5 and HFM rates 4.1/5. HFM 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.
Both GO Markets and HFM start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
HFM has no minimum deposit, while GO Markets requires at least $200. This makes HFM more accessible for traders with limited starting capital.
Both GO Markets and HFM 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: HFM has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
GO Markets lists maximum leverage of 500:1, while HFM lists up to 2000:1. 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, lower than HFM's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
GO Markets supports cTrader, MetaTrader 5, MetaTrader 4, while HFM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. GO Markets has exclusive access to cTrader.
