Deriv 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 - Deriv 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 Deriv.
GO Markets scored 4.7/5 and ranks 6 in our all Forex brokers list, whereas Deriv has 4.3/5 and ranks 27.
This is not financial advice. See the full comparison below.
Who is Deriv suitable for?
Deriv may be suitable for beginners looking for a user-friendly platform, a low entry threshold, and the opportunity to trade binary options or CFDs.
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 Deriv and GO Markets
| Broker | Deriv | GO Markets |
|---|---|---|
| Rating | 4.3/5 | 4.7/5 |
| Foundation Year | 2020 | 2006 |
| Regulated in Countries | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta | Australia, Mauritius, Cyprus |
| Minimum Deposit |
|
|
| Spread | from 0.5 points | from 0 points |
| Max Leverage | 1:4000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
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| Review | Deriv Review | GO Markets Review |
Deriv Review
Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.
Pros and Cons of Deriv
Pros
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
Deriv 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 | Deriv | GO Markets |
|---|---|---|
| Reliability | 4.2/5 | 5/5 |
| Foundation Year | 2020 | 2006 |
| Regulated in Countries | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta | Australia, Mauritius, Cyprus |
| Regulators |
Deriv
Broker Deriv is relatively reliable, with licenses from various global regulators.
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 | Deriv | GO Markets |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
|
|
Deriv
The account opening process at Deriv brokerage is quite simple and fast.
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 | Deriv | GO Markets |
|---|---|---|
| Account Types | 4.5/5 | 4.5/5 |
| Trading Accounts |
|
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| Minimum Deposit |
|
|
| Spread | from 0.5 points | from 0 points |
| Max Leverage | 1:4000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
Deriv
A wide variety of accounts on Deriv satisfies the needs of different traders, although there are certain limitations.
Pros
- A sufficiently wide selection of account types.
- The ability to trade binary options and multipliers.
Cons
- No accounts with fixed spreads.
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 | Deriv | GO Markets |
|---|---|---|
| Commissions | 4.3/5 | 4.5/5 |
| Spread | from 0.5 points | from 0 points |
| Average Spread (EURUSD) | 0.5 | 0.9 |
| Commission per Lot | $2.5 |
Deriv
Deriv's commissions are low.
Pros
- No commission for account funding and withdrawal.
- Low spreads and swaps on Financial type accounts.
Cons
- Fee for account inactivity.
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 | Deriv | GO Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
|
|
Deriv
Broker Deriv offers various convenient methods for account funding and withdrawal without commission.
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 | Deriv | GO Markets |
|---|---|---|
| Markets and Products | 3.8/5 | 5/5 |
| Forex | 57 | 100 |
| Precious Metals | 11 | 5 |
| Energy Carriers | 2 | 5 |
| Indices | 63 | 16 |
| Stocks | 57 | 1800 |
| ETF | 31 | - |
| Cryptocurrency | 31 | 38 |
| Soft Commodities | - | 2 |
| Bonds | - | 5 |
Deriv
A wide range of assets in many segments.
Pros
- A large selection of assets for trading.
- Ability to trade synthetic indices 24/7.
Cons
- Absence of some important asset classes.
- Limited number of CFDs on stocks.
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 | Deriv | GO Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
|
|
Deriv
Broker Deriv offers a wide range of trading platforms to meet the needs of traders of different levels.
Pros
- A variety of platforms for different types of trading.
- The ability to build trading robots without programming knowledge.
- Has its own mobile application.
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 | Deriv | GO Markets |
|---|---|---|
| Rating | 3.5/5 | 4.5/5 |
Deriv
Deriv offers robust analytics with practical calculators and insightful market analysis, yet there's room for more real-time data tools.
Pros
- Detailed market insights on the Deriv Blog.
- Convenient risk management calculators.
Cons
- Lack of an economic calendar.
- Limited real-time data analytics.
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 | Deriv | GO Markets |
|---|---|---|
| Rating | 2.5/5 | 4.5/5 |
Deriv
Deriv's educational materials are limited to a blog, which restricts opportunities for comprehensive learning.
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 | Deriv | GO Markets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Email Support |
|
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| Hotline Phones | — |
|
| Social Media |
Twitter
LinkedIn
YouTube
Facebook
Instagram
TradingViewDeriv
Technical support at Deriv operates at a high level, providing fast and quality responses.
Pros
- Wide selection of communication channels.
- Quality and constructive responses.
Cons
- No information on the support schedule is available on the website.
- Some clients complain about the technical support service.
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 Deriv and GO Markets with other brokers
Conclusion
GO Markets stands out as the better overall pick, while Deriv trails on aggregate criteria.
GO Markets scored 4.7/5 and ranks 6 in our rating; Deriv has 4.3/5 and ranks 27.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Deriv or GO Markets?
GO Markets comes out ahead by overall rank (score 4.7/5, position 6) versus Deriv (score 4.3/5, position 27).
Which broker is better for beginners: Deriv 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) — Deriv 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 Deriv and GO Markets?
Deriv: MetaTrader 5, Deriv X, cTrader. GO Markets: MetaTrader 4, MetaTrader 5, cTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with Deriv and GO Markets?
Deriv: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, 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 Deriv and GO Markets?
Deriv: MT5 Financial, MT5 Derived, Deriv X, Deriv cTrader. GO Markets: Standard, GO Plus+. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Deriv and GO Markets?
Deriv: FasaPay, Skrill, Neteller, WebMoney, PaySafeCard, Jeton, SticPay, Airtm, Boleto, Paylivre, OnlineNaira, Beyonic, AstroPay, 1foryou, Volet, Swift, Visa, Mastercard, Maestro, Diners Club, JCB, PayTrust88, Help2pay, DragonPhoenix, ZingPay, Ngan Luong, Trustly. GO Markets: PayPal, Skrill, Neteller, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Deriv 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.
