In a head-to-head on trust, cost, and platform capability, GO Markets and Tickmill present contrasting strengths. The outcome hinges on which priorities matter most.
Tickmill edges GO Markets 4.3/5 to 4.0/5 on editorial score, driven by higher scores across trust and regulation, fees and spreads, platforms and tools, and customer support.
Find out which broker best suits your trader profile.
Choose GO Markets if…
Choose GO Markets if you prioritize ASIC regulation and a choice of MT4, MT5, or cTrader.
Choose Tickmill if…
Choose Tickmill if you value stronger cross-jurisdiction oversight (FCA, CySEC, FSCA) and higher leverage up to 1000:1.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 4.0/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.4 / 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 | Tickmill |
|---|---|---|
| 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 | Fail |
| 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 |
The scores are close: GO Markets rates 4/5 and Tickmill rates 4.3/5. Tickmill 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.
Both GO Markets and Tickmill start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Tickmill has $100, while GO Markets requires at least $200. This makes Tickmill more accessible for traders with limited starting capital.
Both GO Markets and Tickmill 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: Tickmill 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 Tickmill lists up to 1000:1. 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 Tickmill's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
GO Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Tickmill supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. GO Markets has exclusive access to cTrader.
Tickmill wins for safety and regulation with FCA, CySEC, and FSCA oversight.
Tickmill wins for active traders due to higher leverage and broader instrument range.
GO Markets is better suited for scalpers: lower commission ($5/lot).
GO Markets wins for platform choice with MT4, MT5, and cTrader.
Tickmill wins for instrument variety with 600 available instruments.
Fees & Spreads 30% weight | 4.2 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
Customer Support 10% weight | 3.8 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2006 | 2014 |
|---|
| Headquarters | Melbourne, Australia | London, United Kingdom |
|---|
| Min Deposit | $200 | $100▼ lower |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $5/lot▼ lower | $6/lot |
|---|
| 0.5 pips▼ lower | 0.6 pips |
| Max Leverage | 500:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CySEC FSC | FCA FSCA CySEC |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | MetaTrader 5 MetaTrader 4 |
|---|
| 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
Industry-low commission of $6 round-turn on Pro account
Strong FCA, CySEC, and FSCA regulatory coverage
No dealing desk on Pro and Raw accounts
Negative balance protection for retail clients
Client funds held in segregated accounts
Investor compensation scheme coverage
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
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
No cTrader support
Limited asset classes compared to multi-asset peers
Not available to US residents
No proprietary platform
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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