GO Marketsvs
ThinkMarketsForex Broker Comparison
This comparison pits GO Markets and ThinkMarkets on trust, cost, and platforms to show how each fits different trading needs. Regulation depth, platform choice, and pricing drive the tension.
Our Verdict
ThinkMarkets winsby 0.2 pts
ThinkMarkets edges GO Markets on the editorial score (4.2 vs 4.0). Its broader regulator mix and higher platform and support scores drive the lead.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1ThinkMarkets offers about 4,000 instruments versus GO Markets' 350.
- 2ThinkMarkets has a proprietary ThinkTrader platform; GO Markets has none.
- 3ThinkMarkets has no minimum deposit on standard accounts; GO Markets require $200.
Who should choose GO Markets vs ThinkMarkets?
Find out which broker best suits your trader profile.
Choose GO Markets if…
GO Markets offers True ECN execution with three platform options. GO Markets does not offer a proprietary platform. ThinkMarkets provides a proprietary ThinkTrader platform and strong mobile app. ThinkMarkets has no minimum deposit on standard accounts.
Choose ThinkMarkets if…
GO Markets offers True ECN execution with three platform options. GO Markets does not offer a proprietary platform. ThinkMarkets provides a proprietary ThinkTrader platform and strong mobile app. ThinkMarkets has no minimum deposit on standard accounts.
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 0.40 pips for ThinkMarkets, reducing trading costs.
Best for safety & regulation
GO Markets vs ThinkMarkets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.3 / 5▲ |
GO Markets vs ThinkMarkets 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 ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
GO Markets
criteria wins
1
ThinkMarkets
criteria win
Highlighted rows show where the two brokers differ
| Criteria | GO Markets | ThinkMarkets |
|---|---|---|
| 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 | Pass |
| Multilingual support | Pass | Pass |
GO Markets vs ThinkMarkets: Frequently Asked Questions
The scores are close: GO Markets rates 4/5 and ThinkMarkets rates 4.2/5. ThinkMarkets 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 ThinkMarkets's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ThinkMarkets has no minimum deposit, while GO Markets requires at least $200. This makes ThinkMarkets more accessible for traders with limited starting capital.
Both GO Markets and ThinkMarkets 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: ThinkMarkets 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 ThinkMarkets 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, lower than ThinkMarkets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
GO Markets supports cTrader, MetaTrader 5, MetaTrader 4, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. GO Markets has exclusive access to cTrader. ThinkMarkets has exclusive access to Proprietary Web/Mobile and TradingView.
