GO Marketsvs
SkillingForex Broker Comparison
Two brokers challenge each other across regulation, fees and platforms, creating tension between ECN pricing and a modern proprietary platform.
Our Verdict
Too close to call0.1 pts apart
GO Markets and Skilling are closely matched; the clearest differentiator is phone support, with GO Markets offering phone support while Skilling does not.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1GO Markets provides phone support.
- 2Skilling offers 1,000 instruments while GO Markets offers 350.
- 3Skilling has a proprietary platform; GO Markets does not.
Who should choose GO Markets vs Skilling?
Find out which broker best suits your trader profile.
Choose GO Markets if…
Choose GO Markets if you value phone support and ASIC regulation. You also gain true ECN pricing with three platforms (MT4, MT5, cTrader) and $5 per lot commissions, plus segregated client funds and negative balance protection.
Choose Skilling if…
Choose Skilling if you want a modern proprietary platform and access to 1,000 instruments. You also benefit from FCA and CySEC regulation with EU and UK investor protections, alongside cTrader and MT4 support.
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 0.70 pips for Skilling, reducing trading costs.
Best for safety & regulation
GO Markets vs Skilling: 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 | 4.3 / 5▲ |
GO Markets vs Skilling 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 Skilling: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
GO Markets
criteria win
1
Skilling
criteria win
Highlighted rows show where the two brokers differ
| Criteria | GO Markets | Skilling |
|---|---|---|
| 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 | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
GO Markets vs Skilling: Frequently Asked Questions
The scores are close: GO Markets rates 4/5 and Skilling rates 4.1/5. Skilling 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 Skilling's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Skilling has $100, while GO Markets requires at least $200. This makes Skilling more accessible for traders with limited starting capital.
Both GO Markets and Skilling 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: Skilling 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 Skilling 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 Skilling are not currently available. Check their website for up-to-date pricing.
GO Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Skilling supports cTrader, Skilling Trader, MetaTrader 4. Both provide cTrader and MetaTrader 4. GO Markets has exclusive access to MetaTrader 5. Skilling has exclusive access to Skilling Trader.
