FBS vs GO Markets

FBS vs GO Markets Comparison Table 2023
FBS Review 2023	GO Markets Review 2023
Review 4.3	Review 3.7
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
FBS is an award-winning forex and CFD broker based in Cyprus. The broker has a strong global reputation with authorization from the CySEC and ASIC, amongst others regulators. The brand has clients in over 190 countries, attracted by a diverse range of markets, the reputable MetaTrader platforms, plus trading promotions.	GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.
Bonus Offer
$100 welcome bonus (only available in certain regions)	30% cash rebate
Promotions
FBS: $140 Level Up Bonus FBS Makes Copytrading Risk-Free On Your First Three Trades
Comment by Reviewer
"FBS is a great choice for traders of all experience levels and budgets with a range of account types and access to both MetaTrader 4 and MetaTrader 5."	"GO Markets is an excellent choice for active traders with access to powerful trading tools and tight spreads from 0.0 pips. Beginners can also take advantage of the broker's copy trading tool, free demo account and education center."
Pros
Great choice of account types including crypto, cent and ECN accounts, with decent spreads at 0.7 pips Trusted broker with top-tier licenses, several notable awards and negative balance protection No commission on deposits or withdrawals and low minimum deposits, ideal for beginners NDD technologies ensure fast order execution within 0.4 seconds and no requotes Comprehensive learning section with tailored courses, webinars and trading ideas MT4 and MT5 platforms, plus a proprietary app with accessible 24/7 support	Cash rebates No inactivity fee Copy trading service High leverage up to 1:500 No commission with the Standard account 0.01 minimum lot size and zero spreads 24/5 award-winning customer service Trading signals and market insights MetaTrader 4 and MetaTrader 5 platforms Strong regulatory oversight, including CySEC Excellent third-party analysis tools from Autochartist and Trading Central
Cons
Fewer account types for UK and EU clients Average spreads on some assets No copy trading	Multiple restricted countries including the US Only two account types $200 minimum deposit No Islamic account No crypto deposits
Awards
Best Customer Service Broker WBO 2022 Most Reliable Forex Broker MENA 2020 Best Social Trading Application MENA 2020 Best Mobile Trading Platform Asia 2020 Best FX Broker Europe 2019 Most Transparent Forex Broker 2018 Best Forex Broker Asia 2018 Best Safety of Client Funds Asia 2015	No. 1 For Educational Materials, 2019-2021 - Investment Trends Australia Leverage Trading Report No. 1 For Value for Money, Spreads, Trading Ideas & Strategies and Margin Requirements, 2021 - Investment Trends Australia Leverage Trading Report
Instruments
CFDs, forex, indices, shares, commodities, cryptocurrencies	CFDs, forex, indices, shares, energies, metals, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$1	$200
Trading Platforms
MT4 MT5	MT4 MT5 AutoChartist TradingCentral
Payment Methods
AstroPay Credit Card Maestro Mastercard Neteller Rapid Transfer Skrill Visa Wire Transfer	Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
ASIC, CySEC, IFSC, FSCA	ASIC, CySEC, FSC of Mauritius
Margin Trading
Yes	Yes
STP Account
Yes	Yes
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
Yes	Yes
PAMM Account
Yes	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
No	Yes
Copy Trading Platform
	GO Markets uses the Myfxbook AutoTrade platform to provide investors with the option to copy other traders. Learn from profitable traders with straightforward risk management tools.
Social Trading
No	Yes
Trade Signals
MT4 & MT5	Yes
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	No
Account Currencies
USD EUR	USD EUR GBP CAD AUD NZD CHF HKD SGD
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group Nasdaq New York Stock Exchange
Commodities
Gasoline Gold Natural Gas Oil Silver	Gold Oil Silver Wheat
CFD Trading
Go long or short on an excellent suite of financial markets with leveraged CFDs. Users can choose between three reliable platforms with fast execution, floating spreads from 1 pip and around the clock customer support.	Access highly leveraged CFDs across forex, commodities, indices, stocks and bonds with 24/5 customer support. Build a diverse portfolio with hundreds of CFD assets.
Leverage
1:30 (EU & Restricted Countries), 1:3000 (Global)	1:500
FTSE Spread
From 0.0	1 - 2.3 points
GBPUSD Spread
From 0.6	0.0 - 1.5 pips
Oil Spread
From 0.0	Variable
Stocks Spread
Variable	Variable
Forex Trading
Trade 40+ popular majors, minors and exotics with tight spreads. FBS also offers an excellent suite of forex market research and education, including news, courses, and daily analysis.	Speculate on popular currency pairs with flexible leverage up to 1:500 and zero-pip spreads in the GO Plus account. Commission-free trading is available with micro, mini and standard forex contract sizes.
Forex App
The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.
GBPUSD Spread
From 0.6	0.0 - 1.5 pips
EURUSD Spread
From 0.5	0.0 - 1.2 pips
EURGBP Spread
From 2.1	0 - 1.4 pips
Assets
44	50+
Cryptocurrency
FBS offers trading on crypto/metal, crypto/crypto or crypto/fiat pairs. A strong selection of 60+ pairs are available, including BTC/USD and BTC/XAU. There is also a dedicated crypto account.	Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform.
Spread
Floating	Variable
Coins
ADA ALG AVA BAT BCH BNB BTC DOG DOT DSH EOS ETC ETH FIL IOT LNK LTC MKR MTC NEO OMG SHB SOL TRX UNI VEC XLM XMR XRPZEC	BTC ETH LTC XRP BCH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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