CMC Markets vs GO Markets Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - CMC Markets or GO Markets?
Our pick: GO Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - GO Markets looks preferable to CMC Markets.
GO Markets scored 4.7/5 and ranks 6 in our all Forex brokers list, whereas CMC Markets has 4.4/5 and ranks 17.
This is not financial advice. See the full comparison below.
Who is CMC Markets suitable for?
Broker CMC Markets is suitable for all traders thanks to its reliability, low commissions, and excellent trading platform.
Who is GO Markets suitable for?
GO Markets is suitable for active traders who value low costs, a choice of platforms, a wide range of CFD instruments and robust analytics.
Comparison Table of CMC Markets and GO Markets
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Rating | 4.4/5 | 4.7/5 |
| Foundation Year | 1988 | 2006 |
| Regulated in Countries | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates | Australia, Mauritius, Cyprus |
| Minimum Deposit |
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| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:30 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | CMC Markets Review | GO Markets Review |
CMC Markets Review
CMC Markets has been a reliable CFD and Forex broker in the business for a long time. Top-tier financial authorities regulate the company, offers an excellent trading platform, and has low commission fees.
We believe it is an excellent choice for beginners and experienced traders. CMC Markets is a good option if you are seeking a trustworthy broker with extensive experience.
Pros and Cons of CMC Markets
Pros
- Low trading fees.
- Wide range of markets and products.
- Access to the popular MetaTrader 4 and CMC Markets platforms.
- Extensive analytical materials.
- Comprehensive educational materials.
Cons
- Limited account options.
- Inactivity fee.
- No online chat.
CMC Markets is in the top 10 of the following ratings:
GO Markets Review
GO Markets gives the impression of a strong all-around CFD broker with a good balance between reliability, trading conditions and functionality. The company has a long operating history since 2006, access to a wide range of markets, several strong platform solutions—MT4, MT5, cTrader and TradingView—as well as well-developed additional services such as trade copying, PAMM, VPS, analytics and a training academy. Strengths also include competitive fees, convenient deposits and withdrawals, and solid infrastructure for active trading.
GO Markets is best suited to active retail traders who value low costs, a choice of platforms and a wide range of instruments. The broker also looks good for users who want to combine independent trading with analytics, signals and educational materials.
Pros and Cons of GO Markets
Pros
- Reliable regulation: ASIC and CySEC licenses, long operating history since 2006.
- Competitive trading conditions: tight spreads and low trading commission.
- Strong platform selection: MT4, MT5, cTrader and TradingView are available.
- A variety of additional services: trade copying, PAMM, VPS, analytics and education are available.
- No deposit or withdrawal fees, and there is no mandatory minimum deposit.
Cons
- There are few main trading accounts: the core choice mostly comes down to Standard and GO Plus+.
- Swaps do not seem to be the broker’s strong point and are better suited to short-term rather than long-term trading.
GO Markets is in the top 10 of the following ratings:
Reliability
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 1988 | 2006 |
| Regulated in Countries | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates | Australia, Mauritius, Cyprus |
| Regulators |
CMC Markets
CMC Markets demonstrates a high level of regulation and protection of client funds.
Pros
- Regulation in multiple countries.
- Adherence to CASS rules to protect client funds.
- Compensation through FSCS in case of financial problems.
GO Markets
GO Markets looks like a reliable broker thanks to ASIC and CySEC licenses, as well as a long operating history.
Pros
- ASIC and CySEC licenses.
- Operating since 2006.
- International group structure.
Account Opening
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Account Opening | 4/5 | 4.5/5 |
| Minimum Deposit |
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CMC Markets
The account opening process is standard but has some limitations.
Pros
- No minimum deposit requirement.
- Clear and transparent registration process.
Cons
- Requirement to provide extensive information.
- Restrictions for residents of certain countries.
GO Markets
Account opening at GO Markets is convenient and straightforward: registration is step-by-step, requirements are standard, and the lack of a minimum deposit makes getting started easier. A small delay is possible due to verification.
Pros
- Step-by-step and clear registration.
- No mandatory minimum deposit.
- Neat application form interface.
Cons
- Mandatory verification.
- Additional documents may be requested.
Account Types
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Account Types | 2.3/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:30 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
CMC Markets
Accounts meet basic needs but do not offer a wide selection.
Pros
- Availability of a demo account.
Cons
- No cent or Islamic accounts.
- No accounts with fixed spreads.
- No investment accounts (PAMM, copy trading).
GO Markets
GO Markets offers a balanced lineup of accounts and services that suits most traders—from beginners to auto-trading enthusiasts. The variety is good, although the selection is not the widest on the market.
Pros
- Standard and GO Plus+ are available
- Demo and Islamic accounts are available
- Trade copying, PAMM and VPS are supported
Cons
- Limited selection of main accounts
Commissions
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Commissions | 4.7/5 | 4.5/5 |
| Spread | from 0.7 points | from 0 points |
| Average Spread (EURUSD) | 0.7 | 0.9 |
| Commission per Lot | $2.5 |
CMC Markets
The broker offers competitive spreads and does not charge fees for depositing/withdrawing.
Pros
- No deposit or withdrawal fees.
- Competitive spreads and swaps.
- Cashback on trading commissions.
Cons
- Monthly inactivity fee.
GO Markets
GO Markets’ fees look below the market average: Standard spreads are tight, the GO Plus+ commission is low, and withdrawals are fee-free. Swaps look the weakest—they are rather average and do not provide an advantage for holding positions long term.
Pros
- Tight spreads on Standard
- Low GO Plus+ commission
- No withdrawal fee
Cons
- Swaps are rather average
Deposit and Withdrawal
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Account Funding Methods |
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CMC Markets
The broker offers flexibility and transparency in transactions.
Pros
- No fees for deposits or withdrawals.
- Fast processing of withdrawal requests.
Cons
- Some competitors offer more payment methods.
GO Markets
Deposits and withdrawals at GO Markets are set up conveniently: popular payment methods are available, the broker charges no fees, and processing times look comfortable.
Pros
- Cards, bank transfers and e-wallets are available
- No fees for deposits and withdrawals
- Fast processing of requests
Cons
- The first transactions may take longer
- No cryptocurrencies as a deposit method
Markets and Products
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Markets and Products | 4.4/5 | 5/5 |
| Forex | 336 | 100 |
| Precious Metals | 19 | 5 |
| Energy Carriers | 45 | 5 |
| Soft Commodities | 58 | 2 |
| Indices | 99 | 16 |
| Stocks | 10099 | 1800 |
| ETF | 1200 | - |
| Bonds | 71 | 5 |
| Cryptocurrency | 336 | 38 |
CMC Markets
CMC Markets offers various trading instruments for multiple markets but with limited maximum leverage.
GO Markets
GO Markets’ market range is broad and well diversified: Forex, indices, commodities, stocks, ETFs, bonds and cryptocurrencies are available.
Pros
- Wide range of asset classes
- Stocks, ETF and bonds are available
- Good selection of currencies and cryptocurrencies
Cons
- Not the widest selection in some individual markets
Trading Platforms
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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CMC Markets
The broker provides two powerful and flexible trading platforms.
Pros
- Availability of the popular MetaTrader 4 platform.
- Proprietary platform with extensive functionality and customization options.
Cons
- The proprietary platform may be complex for beginners.
- Lack of MetaTrader 5 platform.
GO Markets
GO Markets’ trading platforms are one of the broker’s strengths. The lineup includes MT4, MT5, cTrader and TradingView, so in terms of convenience, functionality and breadth of choice the offering looks close to the maximum.
Pros
- Wide choice of platforms
- cTrader and TradingView are available
- Suitable for different trading styles
Analytics
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
CMC Markets
The broker offers extensive analytical resources that assist traders in decision-making.
Pros
- Comprehensive commentary and forecasts from experts.
- Technical and fundamental analysis.
- News from Reuters and economic calendar.
GO Markets
GO Markets’ analytics look strong: there is an economic calendar, market reviews, MetaTrader Genesis and Signal Centre. The set is useful and practical, but in terms of depth of proprietary expert content it lags slightly behind market leaders.
Pros
- Economic calendar available
- Genesis and Signal Centre are available
- Regular news and reviews
Cons
- Some tools are available subject to conditions
- Analytics lag behind market leaders
Education
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
CMC Markets
The broker offers extensive and quality educational resources for traders of all levels.
Pros
- A wide range of educational forms: seminars, webinars, video conferences, courses.
- Classes conducted by leading traders and guest experts.
- Most materials are available for free to company clients.
GO Markets
Education at GO Markets looks high-quality and diverse: there are courses, strategies, video lessons and a podcast. The materials are useful for beginners, although in depth and scale the section lags slightly behind market leaders.
Pros
- Courses and trading strategies are available
- Video lessons and podcasts are available
Cons
- The educational section is not the deepest
- Fewer formats than market leaders
Customer Support
| Broker | CMC Markets | GO Markets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
YouTube
LinkedIn
Instagram
TradingViewCMC Markets
CMC Markets provides quality technical support operating 24/5, with prompt and professional responses.
Pros
- Support available 24/5.
- Prompt and professional responses.
Cons
- Lack of online chat for instant communication.
GO Markets
GO Markets’ support looks strong: chat, e-mail and phone are available, the main channels operate 24/7, and feedback on response speed is generally positive. The weakest point is that the quality of resolving complex issues is not always consistent.
Pros
- Chat, e-mail and phone are available
- 24/7 support
- Overall good feedback about response speed
Cons
- No messaging apps for quick contact
- Service quality is not always consistent
Comparisons of CMC Markets and GO Markets with other brokers
Conclusion
GO Markets stands out as the better overall pick, while CMC Markets trails on aggregate criteria.
GO Markets scored 4.7/5 and ranks 6 in our rating; CMC Markets has 4.4/5 and ranks 17.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: CMC Markets or GO Markets?
GO Markets comes out ahead by overall rank (score 4.7/5, position 6) versus CMC Markets (score 4.4/5, position 17).
Which broker is better for beginners: CMC Markets or GO Markets?
GO Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — CMC Markets or GO Markets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with CMC Markets and GO Markets?
CMC Markets: MetaTrader 4, CMC Markets. GO Markets: MetaTrader 4, MetaTrader 5, cTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with CMC Markets and GO Markets?
CMC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. GO Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency, Bonds, Stocks. Full lists and differences are in the “Markets” section.
What account types are offered by CMC Markets and GO Markets?
CMC Markets: CFD. GO Markets: Standard, GO Plus+. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by CMC Markets and GO Markets?
CMC Markets: PayPal, Bank Transfer, Visa, Mastercard, Maestro, Online banking. GO Markets: PayPal, Skrill, Neteller, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — CMC Markets or GO Markets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
