GO Marketsvs
Plus500Forex Broker Comparison
GO Markets and Plus500 square off on regulation, pricing, and platform options. The tension lies between platform breadth and instrument variety.
Our Verdict
Too close to call
GO Markets and Plus500 are closely matched overall, with MT4/MT5 access on GO Markets versus a proprietary platform on Plus500 as the clearest differentiator.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1GO Markets offers MT4/MT5; Plus500 has no MT4/MT5.
- 2GO Markets has 350 instruments; Plus500 has 2000.
- 3Plus500 uses a proprietary platform; GO Markets uses MT4/MT5 and cTrader.
Who should choose GO Markets vs Plus500?
Find out which broker best suits your trader profile.
Choose GO Markets if…
Choose GO Markets if you want MT4/MT5 access and ECN pricing. You also get high leverage and no inactivity fees.
Choose Plus500 if…
Choose Plus500 if you prefer a simple proprietary platform and zero-commission trades. You also benefit from strong multi-jurisdiction regulation.
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 Plus500, reducing trading costs.
Best for safety & regulation
GO Markets vs Plus500: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.2 / 5▲ |
GO Markets vs Plus500 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 Plus500: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
GO Markets
criteria wins
1
Plus500
criteria win
Highlighted rows show where the two brokers differ
| Criteria | GO Markets | Plus500 |
|---|---|---|
| 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 | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
GO Markets vs Plus500: Frequently Asked Questions
GO Markets and Plus500 share the same editorial score of 4/5. One concrete differentiator: Plus500 requires a lower minimum deposit.
GO Markets starts from 0 pips, tighter than Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Plus500 has $100, while GO Markets requires at least $200. This makes Plus500 more accessible for traders with limited starting capital.
Both GO Markets and Plus500 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: Plus500 requires a lower minimum deposit ($100), lowering the barrier to entry, 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 Plus500 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 Plus500 are not currently available. Check their website for up-to-date pricing.
GO Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Plus500 supports Proprietary Web/Mobile. GO Markets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Plus500 has exclusive access to Proprietary Web/Mobile.
