GO Markets vs CommSec

GO Markets vs CommSec Comparison Table 2024
GO Markets CommSec
3.9
Not Yet Rated
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

CommSec is a top Australian retail broker offering a suite of trading tools & products.

Bonus Offer
30% cash rebate
Comment by Reviewer
"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
  • Rebates on FX and metals for high-volume traders
  • 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
  • Crypto deposits available in USDT
Cons
  • Multiple restricted countries including the US
  • Only two account types
  • $200 minimum deposit
Awards
  • 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
  • Innovation Excellence 2020 - Canstar
Instruments
CFDs, forex, indices, shares, energies, metals, cryptocurrencies Shares, Options, ETFs, Warrants, Fixed Income Securities
Demo Account
Yes No
Minimum Deposit
$200 $500
Trading Platforms
  • MT4
  • MT5
  • AutoChartist
  • TradingCentral
  • Own
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, CySEC, FSC of Mauritius ASIC
Margin Trading
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No Yes
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android Yes
Auto Trading
Yes
Copy Trading
Yes No
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
Yes No
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No 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
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
  • AUD
Stock Exchanges
Commodities
CFD Trading
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. CFD trading not offered
Leverage
1:500
FTSE Spread
1 - 2.3 points
GBPUSD Spread
0.0 - 1.5 pips
Oil Spread
Variable
Stocks Spread
Variable
Forex Trading
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 trading not offered
GBPUSD Spread
0.0 - 1.5 pips
EURUSD Spread
0.0 - 1.2 pips
EURGBP Spread
0 - 1.4 pips
Assets
50+
Cryptocurrency
Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform. Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
GO Markets
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