FXTM 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 - FXTM 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 FXTM.
GO Markets scored 4.7/5 and ranks 6 in our all Forex brokers list, whereas FXTM has 4.1/5 and ranks 48.
This is not financial advice. See the full comparison below.
Who is FXTM suitable for?
Broker FXTM is suitable for traders looking for a variety of trading instruments and accounts, but who are willing to tolerate some shortcomings in support and wide spreads.
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 FXTM and GO Markets
| Broker | FXTM | GO Markets |
|---|---|---|
| Rating | 4.1/5 | 4.7/5 |
| Foundation Year | 2011 | 2006 |
| Regulated in Countries | Cyprus, United Kingdom, Mauritius, Kenya | Australia, Mauritius, Cyprus |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FXTM Review | GO Markets Review |
FXTM Review
FXTM stands out in the market due to its wide range of trading instruments, including many currency pairs, stocks, metals, and other products. It makes it attractive to traders looking to diversify their portfolios. Support for various devices' popular MT4 and MT5 platforms ensures trading flexibility and accessibility. In addition, FXTM offers competitive commission terms on the Advantage account, making it a favorable choice for active traders. The availability of educational materials such as e-books, videos, and webinars supports beginners and helps them develop their trading skills. With no deposit fees, the variety of deposit and withdrawal methods is convenient for clients worldwide.
FXTM is ideal for traders seeking various trading instruments and flexible platforms. It will be especially attractive for beginners due to its extensive training resources and for active traders interested in using an Advantage account to minimize commissions.
Pros and Cons of FXTM
Pros
- A wide range of trading assets.
- Low fee per transaction.
- Availability of popular trading platforms.
- Availability of educational materials.
- A variety of deposit and withdrawal methods.
Cons
- Issues with technical support.
- High spreads.
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 | FXTM | GO Markets |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2011 | 2006 |
| Regulated in Countries | Cyprus, United Kingdom, Mauritius, Kenya | Australia, Mauritius, Cyprus |
| Regulators |
FXTM
Broker FXTM demonstrates high reliability due to strict regulation and additional protective measures.
Pros
- Regulation by authoritative bodies (CySEC, FCA).
- Membership in the Financial Commission.
- Presence of a Compensation Fund.
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 | FXTM | GO Markets |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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FXTM
Opening an account with FXTM is a simple and fast process.
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 | FXTM | GO Markets |
|---|---|---|
| Account Types | 4.5/5 | 4.5/5 |
| Trading Accounts |
|
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FXTM
FXTM offers a variety of accounts and services, meeting the needs of different traders.
Pros
- Wide selection of account types.
- Additional services such as VPS.
- Suitable for traders of different levels.
Cons
- Lack of fixed spread accounts.
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 | FXTM | GO Markets |
|---|---|---|
| Commissions | 3/5 | 4.5/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | |
| Commission per Lot | $2.16 | $2.5 |
FXTM
FXTM's commissions are average, with low per-trade commission but higher-than-average spreads.
Pros
- Low per-trade commission.
Cons
- High spreads.
- Inactivity fee for account.
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 | FXTM | GO Markets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Account Funding Methods |
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FXTM
FXTM offers a variety of convenient methods for depositing and withdrawing funds, meeting the needs of traders.
Pros
- Numerous available methods.
- Instant fund crediting.
- Most operations without commission.
Cons
- May have withdrawal fees.
- Possible processing time restrictions.
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 | FXTM | GO Markets |
|---|---|---|
| Markets and Products | 4.6/5 | 5/5 |
| Forex | 48 | 100 |
| Precious Metals | 3 | 5 |
| Energy Carriers | 3 | 5 |
| Indices | 13 | 16 |
| Stocks | 640 | 1800 |
| Cryptocurrency | 11 | 38 |
| Soft Commodities | - | 2 |
| Bonds | - | 5 |
FXTM
FXTM offers a variety of markets.
Pros
- Ability to invest in US stocks.
- Large number of CFDs for trading.
Cons
- No soft commodities.
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 | FXTM | GO Markets |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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FXTM
The broker offers reliable and proven MT4 and MT5 platforms, ensuring flexibility in trading.
Pros
- Availability on various devices (Windows, Android, iOS).
- Support for automated trading.
- Ability to choose between MT4 and MT5.
Cons
- Lack of a proprietary unique platform.
- Web version only available for MT4.
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 | FXTM | GO Markets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
FXTM
The broker offers a strong analytical section.
Pros
- Daily automated trading signals.
- Economic calendar in the personal account.
- A variety of tools for analysis.
Cons
- Outdated video reviews.
- Lack of regular analytical updates from experts.
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 | FXTM | GO Markets |
|---|---|---|
| Rating | 3.5/5 | 4.5/5 |
FXTM
The broker's educational materials are of average quality with diverse content.
Pros
- Diversity of materials (videos, books).
- Useful for traders of different levels.
Cons
- Outdated webinars.
- Irrelevance of some materials.
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 | FXTM | GO Markets |
|---|---|---|
| Rating | 3.5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Messenger
LinkedIn
Telegram
Skype
Twitter
Viber
YouTube
Whatsapp
Facebook
Instagram
TradingViewFXTM
FXTM's customer support offers various channels of communication, but reviews about it are mixed.
Pros
- Variety of communication channels.
- There are positive customer reviews.
Cons
- Delays in responses.
- There are ambiguous customer reviews.
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 FXTM and GO Markets with other brokers
Conclusion
GO Markets stands out as the better overall pick, while FXTM trails on aggregate criteria.
GO Markets scored 4.7/5 and ranks 6 in our rating; FXTM has 4.1/5 and ranks 48.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FXTM or GO Markets?
GO Markets comes out ahead by overall rank (score 4.7/5, position 6) versus FXTM (score 4.1/5, position 48).
Which broker is better for beginners: FXTM 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) — FXTM 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 FXTM and GO Markets?
FXTM: MetaTrader 4, MetaTrader 5. GO Markets: MetaTrader 4, MetaTrader 5, cTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with FXTM and GO Markets?
FXTM: Forex, Precious Metals, Energy Carriers, Indices, Stocks, 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 FXTM and GO Markets?
FXTM: Micro, Advantage, Advantage Plus. GO Markets: Standard, GO Plus+. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FXTM and GO Markets?
FXTM: Skrill, FasaPay, WebMoney, YooMoney, Qiwi, PayRedeem, Visa, Mastercard, Maestro, Альфа Банк, Dotpay. GO Markets: PayPal, Skrill, Neteller, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — FXTM 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.
