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WINNER
GO Markets is the better broker
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 Traders from US not accepted |
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 |
|
| 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
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MultiBank FX
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