WINNER
GO Markets is the better broker
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 Traders from US not accepted
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 Traders from US not accepted
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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
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Cons |
- $200 minimum deposit
- No Islamic account
- No crypto deposits
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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
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- 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
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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 |
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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 |
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Islamic Account |
No |
Yes |
Account Currencies |
- USD
- EUR
- GBP
- CAD
- AUD
- NZD
- CHF
- HKD
- SGD
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Stock Exchanges |
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Commodities |
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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 |
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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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More Comparisons |
GO Markets vs |
MultiBank FX vs |