GO Markets vs MultiBank FX

GO Markets vs MultiBank FX Comparison Table 2023
GO Markets MultiBank FX
WINNER
GO Markets is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
GO Markets is an ASIC-regulated FX & CFD broker with leveraged trading opportunities and spreads from 0.0 pips. MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading.
Pros
  • Cash rebates
  • No inactivity fee
  • Spreads from 0.0 pips
  • Copy trading service
  • Trading signals and market insights
  • MetaTrader 4 and MetaTrader 5 platforms
  • Strong regulatory oversight, including CySEC
Cons
  • $200 minimum deposit
  • No Islamic account
  • No crypto deposits
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
  • Best FX Service Provider 2020 - International Business Magazine
  • Best FX Customer Service 2020 - Forex Awards
  • Best Apac Region Broker 2020 - International Financial Awards
  • Best Forex & CFD Broker 2019 - Jordan Forex & Expo Awards
  • Financial Services Provider of the Year Asia 2019 - Global Brands Magazine
  • Best Forex Trading Platform Hong Kong 2018 - International Finance Magazine
Bonus
30% cash rebate 20% deposit bonus
Instruments
CFDs, forex, indices, shares, energies, metals, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$200 $50
Payment Methods
Minimum Trade
0.01 lots 0.1 lots
Regulator
ASIC, CySEC, FSC of Mauritius ASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
No 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 Yes (APIs)
Copy Trading
Yes Yes
Copy Trading Platform
GO Markets uses Myfxbook AutoTrade platform to provide investors with the option to copy other traders. Clients can start copy trading in three simple steps at MultiBank FX, gaining access to profitable online traders from around the world.
Social Trading
Yes Yes
Trade Signals
Yes 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
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • HKD
  • SGD
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on forex, indices, shares, precious metals, and energies. Trade contracts for difference across markets with up to 1:500 leverage.
Leverage
1:500 1:500
FTSE Spread
1 - 2.3 points Not offered
GBPUSD Spread<
0.0 - 1.5 pips 0.8
Oil Spread
Variable 0.03
Stocks Spread
Variable Variable
Forex Trading
Trade with leverage on dozens of popular currencies. MultiBank FX offers investing in leading major, minor and exotic currency pairs.
GBPUSD Spread
0.0 - 1.5 pips 0.8
EURUSD Spread
0.0 - 1.2 pips 0.3
EURGBP Spread
0 - 1.4 pips 0.8
Assets
50+ 45+
Cryptocurrency
Trade the most popular cryptocurrencies including Bitcoin and Ethereum. Trade a selection of the top cryptos against the US Dollar with 50% margin.
Spread
Variable Floating
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
  • BTC
  • LTC
  • ETH
  • XRP
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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MultiBank FX
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