FXTM vs GO Markets
| FXTM Review 2023 | GO Markets Review 2023 |
|---|---|
4
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3.7
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 Traders from US not accepted
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Traders from US not accepted
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FXTM is a top-rated forex and CFD broker. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ markets and three account types, they cater to all levels of trader. |
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 | |
| 30% up to $100 via Exinity Ltd | 30% cash rebate |
| Comment by Reviewer | |
| "FXTM is a good pick for forex traders seeking low fees, excellent market research and access to the familiar MetaTrader 4 platform." | "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 | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, CFDs, Indices, Commodities, Stocks | CFDs, forex, indices, shares, energies, metals, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $200 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| CySEC (Cyprus), FCA (UK), FSCA (South Africa), FSC (Mauritius) | 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 | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS, Android & Windows | iOS & Android |
| Auto Trading | |
| FXTM Invest plus Expert Advisors (EAs) on MetaTrader | Yes |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios. Learn from traders with proven strategies in forex, stocks and more. | 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 | |
| Yes | Yes |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| USD/EUR/GBP 5 per month | $0 |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| FXTM's CFD list includes forex, stocks, commodities and indices. The global entity also offers crypto CFDs. Leverage depends on jurisdiction, with rates up to 1:30 from its CySEC-regulated branch and a massive 1:2000 from its global entities. | 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), 1:2000 (Global) | 1:500 |
| FTSE Spread | |
| 1.3 pts | 1 - 2.3 points |
| GBPUSD Spread | |
| 0.3 (var) | 0.0 - 1.5 pips |
| Oil Spread | |
| 9 pts (var) | Variable |
| Stocks Spread | |
| 0.1% Var | Variable |
| Forex Trading | |
| FXTM offers 60+ forex pairs plus 6 indices which track a basket of popular currencies. The brand's ECN accounts offers impressive spreads from 0 with low commissions from $0.40 to $2 per lot and commission-free spreads start from 1.5 pips. | 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 | |
FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today. |
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| GBPUSD Spread | |
| 0.3 (var) | 0.0 - 1.5 pips |
| EURUSD Spread | |
| 0.1 (var) | 0.0 - 1.2 pips |
| EURGBP Spread | |
| 0.2 (var) | 0 - 1.4 pips |
| Assets | |
| 50+ | 50+ |
| Currency Indices | |
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| Cryptocurrency | |
| Crypto trading not offered | Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform. |
| Spread | |
| Variable | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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