GO Marketsvs
HFMStock Broker Comparison
GO Markets and HFM square off on platform breadth, regulation, and cost to access global equities. The tension lies in minimum deposits and exchange coverage shaping suitability.
Our Verdict
HFM winsby 0.3 pts
HFM is the overall winner on editorial score, while GO Markets trails in trust/regulation and platform tools.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Exchanges: GO Markets lists 6, HFM lists 8.
- 2Min deposit difference: GO Markets requires $200, HFM offers $0.
- 3HFcopy enables automatic copying of equity strategies.
Who should choose GO Markets vs HFM?
Find out which stock broker best suits your investing profile.
Choose GO Markets if…
Choose GO Markets if you want MT4, MT5, or cTrader and can meet a $200 minimum deposit.
Choose HFM if…
Choose HFM if you want MT4/MT5 plus HFcopy for equity copying and a $0 minimum deposit.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
It’s a tie
Both equally suited
HFM has broader regulation including FCA and DFSA alongside CySEC.
Best for active traders
It’s a tie
Both equally suited
GO Markets vs HFM: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 3.5/ 5 | 3.8/ 5 |
| Min deposit | $200 | No minimum▼ lower |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $5/lot▼ lower | $6/lot |
GO Markets vs HFM Stock Broker Pros & Cons
Pros
- ASIC and CySEC dual regulated, tier-1 regulatory coverage
- MT4, MT5, and cTrader, broadest platform choice at this market tier
- Competitive ECN spreads on share CFDs with transparent commission
Cons
- $200 minimum deposit, higher than zero-deposit alternatives
- Share CFD selection narrower than dedicated equity brokers
GO Markets vs HFM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
Highlighted rows show where the two brokers differ
| Criteria | GO Markets | HFM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Fail | Fail |
| Phone support | Pass | Pass |
GO Markets vs HFM: Frequently Asked Questions
The scores are close: GO Markets rates 3.5/5 and HFM rates 3.8/5. HFM 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 HFM start from the same spread of 0. For stock trading, also compare per-trade or per-share commissions to determine the total cost per transaction.
HFM has no minimum deposit, while GO Markets requires at least $200. This makes HFM more accessible for traders with limited starting capital.
Both GO Markets and HFM 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: HFM 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 HFM lists up to 20:1. 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 trade, lower than HFM's $6 per trade. Lower commissions benefit active traders who execute many trades per day. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
GO Markets supports cTrader, MetaTrader 5, MetaTrader 4, while HFM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. GO Markets has exclusive access to cTrader.
Neither GO Markets nor HFM is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both GO Markets and HFM are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
