In a straight comparison, GO Markets emphasizes ECN pricing and multiple platforms, while Spreadex emphasizes a proprietary spread-betting model with TradingView integration.
Find out which broker best suits your trader profile.
Choose if…
Choose GO Markets if you want MT4/MT5 access and true ECN pricing.
Choose if…
Choose Spreadex if you prefer a proprietary platform with TradingView and spread betting.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.0/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.5 / 5▲ |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | GO Markets | Spreadex |
|---|---|---|
| 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 | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
GO Markets and Spreadex share the same editorial score of 4/5. One concrete differentiator: Spreadex requires a lower minimum deposit.
GO Markets starts from 0 pips, tighter than Spreadex's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while GO Markets requires at least $200. This makes Spreadex more accessible for traders with limited starting capital.
Both GO Markets and Spreadex 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: Spreadex 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 Spreadex 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 Spreadex are not currently available. Check their website for up-to-date pricing.
GO Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Spreadex supports Proprietary Web/Mobile, TradingView. GO Markets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Spreadex has exclusive access to Proprietary Web/Mobile and TradingView.
GO Markets offers tighter spreads from 0.00 pips vs 0.60 pips for Spreadex, reducing trading costs.
Spreadex is regulated by the FCA, offering UK oversight.
GO Markets wins for active traders with ECN pricing and multiple platforms.
GO Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
GO Markets wins for platform choice due to MT4/MT5 and cTrader.
Spreadex wins for instrument variety with 10,000 markets.
Fees & Spreads 30% weight | 4.2 / 5 | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
Customer Support 10% weight | 3.8 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2006 | 1999 |
|---|
| Headquarters | Melbourne, Australia | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $200 | No minimum▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $5/lot | N/A |
|---|
| 0.5 pips | N/A |
| Max Leverage | 500:1▲ higher | 30:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CySEC FSC | FCA |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | Proprietary Web/Mobile TradingView |
|---|
| Active bonuses |
|---|
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
Pros
FCA-regulated (190941) UK spread betting on 10,000+ financial markets
TradingView integration for browser-based charting and order execution
UK capital gains tax-free profits on spread bets under current HMRC rules
Unique dual financial and sports spread betting from one FCA account
No minimum deposit and no commission on spread bets
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
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
Cons
UK residents only - no international client access
No MT4 or MT5 available
Research tools minimal
Not suitable for traders who need raw ECN execution
No raw spread account option
No MetaTrader support
No 24/5 live chat
Support available in limited languages
GO Markets and Spreadex are closely matched overall. GO Markets provides MT4/MT5 and multiple platforms, while Spreadex does not.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Score 4 / 5
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