GO Markets and tastytrade clash on regulation, pricing, and platform approach, highlighting where each dominates. The matchup tests whether platform diversity or instrument breadth matters more to traders.
Find out which broker best suits your trader profile.
Choose if…
Choose GO Markets if you want MT4, MT5, or cTrader with true ECN pricing.
Choose if…
Choose GO Markets if you value ASIC regulation and segregated client funds. Choose tastytrade if you want a proprietary options platform with multi-leg management. Choose tastytrade if you prefer capped options commissions and no PFOF on options.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.0/ 5 | 4.3/ 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 | tastytrade |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| 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 |
The scores are close: GO Markets rates 4/5 and tastytrade rates 4.3/5. tastytrade 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. Current spread data is not available for tastytrade. Check both brokers' websites for up-to-date pricing.
tastytrade has no minimum deposit, while GO Markets requires at least $200. This makes tastytrade more accessible for traders with limited starting capital.
Both GO Markets and tastytrade 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: tastytrade has no minimum deposit, removing the capital barrier entirely, and GO Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
GO Markets lists maximum leverage of 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
tastytrade charges $1 per lot, lower than GO Markets's $5 per lot. Lower commissions benefit active traders who execute many trades per day.
GO Markets supports cTrader, MetaTrader 5, MetaTrader 4, while tastytrade supports Proprietary Web/Mobile. GO Markets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. tastytrade has exclusive access to Proprietary Web/Mobile.
GO Markets offers spreads from 0.00 pips.
Equally matched; both maintain segregated client funds and investor compensation with strong regulation.
tastytrade excels for active traders with a purpose-built options platform and capped commissions.
GO Markets is better suited for scalpers: raw/ECN spreads available.
GO Markets offers MT4, MT5, and cTrader, giving broad platform choice.
tastytrade wins for beginners with a $0 minimum deposit and easy entry.
tastytrade offers a larger instrument universe with about 10,000 instruments.
Fees & Spreads 30% weight | 4.2 / 5 | 4.8 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.7 / 5▲ |
|---|
Customer Support 10% weight | 3.8 / 5 | 4.0 / 5▲ |
|---|
| Founded | 2006 | 2017 |
|---|
| Headquarters | Melbourne, Australia | Chicago, Illinois, United States |
|---|
| Min Deposit | $200 | No minimum▼ lower |
|---|
| Spreads From | 0 pips | N/A |
|---|
| Commission / lot | $5/lot | $1/lot▼ lower |
|---|
| 0.5 pips | N/A |
| Max Leverage | 500:1 | N/A |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | Bank transferWire transferACH |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferWire transferACH |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CySEC FSC | CFTC NFA |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | Proprietary Web/Mobile |
|---|
| 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
Options commissions capped at $10/leg, major cost advantage for traders who size up
$0 to open options trades; $1/contract to close
Platform built natively for options: IVR, Greeks, curve tool, and multi-leg management all first-class
Futures and futures options on the same account as equity derivatives
No PFOF on options, exchange-routed for best execution
Part of IG Group (LSE-listed), institutional governance and financial stability
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
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
US-only, no international accounts
Options-first interface has a steep learning curve for equity-focused traders
No live chat support, phone and email only
Minimal fundamental research tools; no stock screener or analyst reports
Mobile app less appropriate for entering complex multi-leg strategies than the desktop platform
No negative balance protection
No raw spread account option
No MetaTrader support
Support available in limited languages
tastytrade edges GO Markets in the editorial score, 4.3 to 4.0, reflecting stronger category ratings.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker