GO Marketsvs
IGForex Broker Comparison
GO Markets and IG compete on regulation, costs, and platform depth. The clash centers on execution quality, instrument variety, and proprietary tooling.
Our Verdict
IG winsClear Winner
IG leads overall, with an editorial score of 4.8 versus GO Markets' 4.0. The edge is driven by broader regulation and market breadth.
IG
4.8/5
GO Markets
4.0/5
Key Differences
- 1IG charges inactivity fees after 24 months; GO Markets does not.
- 2GO Markets offers 350 instruments; IG offers 19,000+ markets.
- 3IG provides a proprietary platform; GO Markets uses MT4/MT5 and cTrader.
Who should choose GO Markets vs IG?
Find out which broker best suits your trader profile.
Choose GO Markets if…
Choose GO Markets if you want true ECN execution and three platform options.
Choose IG if…
Choose IG if you want broad instrument access and a proprietary platform.
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 0.60 pips for IG, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
GO Markets vs IG: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 5.0 / 5▲ |
GO Markets vs IG 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 IG: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
GO Markets
criteria wins
1
IG
criteria win
Highlighted rows show where the two brokers differ
| Criteria | GO Markets | IG |
|---|---|---|
| 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 | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| 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 IG: Frequently Asked Questions
IG rates 4.8/5 versus 4/5 for GO Markets. IG edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
GO Markets starts from 0 pips, tighter than IG's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
IG has no minimum deposit, while GO Markets requires at least $200. This makes IG more accessible for traders with limited starting capital.
Both GO Markets and IG 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: IG 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 IG lists up to 30:1. 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 IG are not currently available. Check their website for up-to-date pricing.
GO Markets supports cTrader, MetaTrader 5, MetaTrader 4, while IG supports ProRealTime, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 4. GO Markets has exclusive access to cTrader and MetaTrader 5. IG has exclusive access to ProRealTime and Proprietary Web/Mobile and TradingView.
