Broker comparison

GO Markets vs IG Comparison

Compare trading conditions, commissions and platforms of Forex brokers GO Markets and IG. Find out which broker is best for you.

VS summaryScores and ranking at a glance
GO MarketsHigher ranked
Rating
4.7/5
Rank
#6
Register

Trading CFDs carries high risks. You may lose all invested funds

IG
Rating
4.1/5
Rank
#43
Register

68-72% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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 - GO Markets or IG?

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 IG.

GO Markets scored 4.7/5 and ranks 6 in our all Forex brokers list, whereas IG has 4.1/5 and ranks 43.

This is not financial advice. See the full comparison below.

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.

Who is IG suitable for?

Broker IG.com is suitable for traders of all levels, offering reliability, convenience, a wide selection of instruments, and good customer support.

Comparison Table of GO Markets and IG

BrokerGO MarketsIG
Rating
4.7/5
4.1/5
Foundation Year20061974
Regulated in CountriesAustralia, Mauritius, CyprusUnited Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates
Minimum Deposit
  • 1 AUD
  • 1 EUR
  • 1 GBP
  • 1 USD
  • 1 AUD
  • 1 CHF
  • 1 EUR
  • 1 GBP
  • 1 HKD
  • 1 JPY
  • 1 NOK
  • 1 NZD
  • 1 SEK
  • 1 SGD
  • 1 USD
Spreadfrom 0 pointsfrom 0.165 points
Max Leverage1:5001:200
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Cryptocurrency
  • Bonds
  • Stocks
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
ReviewGO Markets ReviewIG Review

GO Markets Review

GO Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Cryptocurrency Bonds Stocks
Trading Platforms
MetaTrader 4MetaTrader 5cTraderTradingView
compare GO Markets trading accounts

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

  1. Reliable regulation: ASIC and CySEC licenses, long operating history since 2006.
  2. Competitive trading conditions: tight spreads and low trading commission.
  3. Strong platform selection: MT4, MT5, cTrader and TradingView are available.
  4. A variety of additional services: trade copying, PAMM, VPS, analytics and education are available.
  5. No deposit or withdrawal fees, and there is no mandatory minimum deposit.

Cons

  1. There are few main trading accounts: the core choice mostly comes down to Standard and GO Plus+.
  2. 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:

IG Review

IG Logo
Register68-72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4IG Trading PlatformL2 Dealer
compare IG trading accounts

IG is a highly regulated broker with licenses from reliable financial authorities, providing clients with high funds protection. Thanks to narrow spreads, traders can effectively manage their costs and increase the profitability of their operations. Quality trading platforms and advanced analytical tools support informed trading decisions, while extensive educational resources make IG attractive to traders of all experience levels.

Pros and Cons of IG

Pros

  1. Licenses from regulators with a high level of credibility.
  2. Tight spreads.
  3. A variety of markets and products.
  4. Extensive set of analytical tools and content.
  5. Quality educational resources for different levels of traders.

Cons

  1. Limited choice of trading accounts.
  2. High trading fee on DMA account.
  3. Inactivity fee.
  4. Limited choice of payment methods.

IG is in the top 10 of the following ratings:

Reliability

BrokerGO MarketsIG
Reliability
5/5
5/5
Foundation Year20061974
Regulated in CountriesAustralia, Mauritius, CyprusUnited Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates
Regulators

GO Markets

GO Markets looks like a reliable broker thanks to ASIC and CySEC licenses, as well as a long operating history.

Pros

  1. ASIC and CySEC licenses.
  2. Operating since 2006.
  3. International group structure.

IG

The company is subject to numerous international regulators, ensuring a high degree of transparency.

Account Opening

BrokerGO MarketsIG
Account Opening
4.5/5
4/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 AUD
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 AUD
  • 1 NZD
  • 1 JPY
  • 1 NOK
  • 1 SEK
  • 1 SGD
  • 1 HKD

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

  1. Step-by-step and clear registration.
  2. No mandatory minimum deposit.
  3. Neat application form interface.

Cons

  1. Mandatory verification.
  2. Additional documents may be requested.

IG

The account opening process is simple, fast, and convenient for traders of any experience level.

Pros

  1. No minimum deposit required.
  2. Quick registration process (5-10 minutes).

Cons

  1. Necessity to provide extensive personal and financial information.
  2. Verification may take a couple of days.
  3. There is a possibility of being denied account opening.

Account Types

BrokerGO MarketsIG
Account Types
4.5/5
2.5/5
Trading Accounts
  • Standard
  • GO Plus+
  • CFD
  • DMA
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 AUD
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 AUD
  • 1 NZD
  • 1 JPY
  • 1 NOK
  • 1 SEK
  • 1 SGD
  • 1 HKD
Spreadfrom 0 pointsfrom 0.165 points
Max Leverage1:5001:200
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Cryptocurrency
  • Bonds
  • Stocks
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
Demo Account
Swap-free Account

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

  1. Standard and GO Plus+ are available
  2. Demo and Islamic accounts are available
  3. Trade copying, PAMM and VPS are supported

Cons

  1. Limited selection of main accounts

IG

IG offers a limited selection of accounts, meeting the basic needs of traders, but not accommodating specific requirements.

Pros

  1. Availability of DMA account for professional traders.
  2. Premium service offered for high-value clients.
  3. Free demo account for practice and training.

Cons

  1. Absence of Islamic and investment accounts.
  2. No fixed spread accounts and cent accounts.

Commissions

BrokerGO MarketsIG
Commissions
4.5/5
3/5
Spreadfrom 0 pointsfrom 0.165 points
Average Spread (EURUSD)0.91.1
Commissionper 1 lot$2.50per $1M turnover$60.00

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

  1. Tight spreads on Standard
  2. Low GO Plus+ commission
  3. No withdrawal fee

Cons

  1. Swaps are rather average

IG

IG provides an average level of commissions, with low spreads but high transaction fees on DMA accounts.

Pros

  1. Low spreads.
  2. No fees for deposits/withdrawals.

Cons

  1. High transaction fee on DMA account.
  2. Inactivity fee.
  3. Currency conversion fee and guaranteed stop fee.

Deposit and Withdrawal

BrokerGO MarketsIG
Rating
4.5/5
3.7/5
Account Funding Methods
  • PayPal
  • Skrill
  • Neteller
  • Bank Transfer
  • Visa
  • Mastercard
  • PayPal
  • Bank Transfer
  • Credit and Debit Cards

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

  1. Cards, bank transfers and e-wallets are available
  2. No fees for deposits and withdrawals
  3. Fast processing of requests

Cons

  1. The first transactions may take longer
  2. No cryptocurrencies as a deposit method

IG

Broker IG offers an average level of services for deposits/withdrawals, not charging a fee, but has limitations on available methods.

Pros

  1. No commission for funding and withdrawal.
  2. PayPal available as a deposit/withdrawal option.
  3. Transparent information about limits.

Cons

  1. Absence of cryptocurrencies and most electronic wallets.
  2. Withdrawal processing time can take up to 5 business days.
  3. Restrictions on the minimum withdrawal amount.

Markets and Products

BrokerGO MarketsIG
Markets and Products
5/5
5/5
Forex10099
Precious Metals511
Energy Carriers59
Soft Commodities220
Indices1646
Cryptocurrency3815
Bonds519
Stocks180013000
ETF-5400

GO Markets

GO Markets’ market range is broad and well diversified: Forex, indices, commodities, stocks, ETFs, bonds and cryptocurrencies are available.

Pros

  1. Wide range of asset classes
  2. Stocks, ETF and bonds are available
  3. Good selection of currencies and cryptocurrencies

Cons

  1. Not the widest selection in some individual markets

IG

IG offers an extensive range of products and markets for trading, with an impressive selection of CFDs, options, and thematic baskets.

Trading Platforms

BrokerGO MarketsIG
Rating
5/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer

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

  1. Wide choice of platforms
  2. cTrader and TradingView are available
  3. Suitable for different trading styles

IG

IG offers a variety of trading platforms, including MetaTrader 4, IG Trading Platform, and L2 Dealer, catering to traders of all levels.

Analytics

BrokerGO MarketsIG
Rating
4.5/5
5/5

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

  1. Economic calendar available
  2. Genesis and Signal Centre are available
  3. Regular news and reviews

Cons

  1. Some tools are available subject to conditions
  2. Analytics lag behind market leaders

IG

IG provides an impressive array of research and analytical tools that will appeal to traders of any experience level.

Education

BrokerGO MarketsIG
Rating
4.5/5
5/5

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

  1. Courses and trading strategies are available
  2. Video lessons and podcasts are available

Cons

  1. The educational section is not the deepest
  2. Fewer formats than market leaders

IG

IG offers high-quality and comprehensive educational materials suitable for traders of various levels.

Customer Support

BrokerGO MarketsIG
Rating
4.5/5
5/5
Email Support
  • support.mu@gomarkets.com
  • sales.en@ig.com
  • newaccounts.uk@ig.com
Hotline Phones
  • +230 5869 0074
  • +44 (20) 7633 5430
Social Media

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

  1. Chat, e-mail and phone are available
  2. 24/7 support
  3. Overall good feedback about response speed

Cons

  1. No messaging apps for quick contact
  2. Service quality is not always consistent

IG

IG provides fast and professional support.

Comparisons of GO Markets and IG with other brokers

Conclusion

GO Markets stands out as the better overall pick, while IG trails on aggregate criteria.

GO Markets scored 4.7/5 and ranks 6 in our rating; IG has 4.1/5 and ranks 43.

We explain the reasons above in detail — fees, platforms, reliability, support, and more.

FAQ

Which broker is better: GO Markets or IG?

GO Markets comes out ahead by overall rank (score 4.7/5, position 6) versus IG (score 4.1/5, position 43).

Which broker is better for beginners: GO Markets or IG?

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) — GO Markets or IG?

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 GO Markets and IG?

GO Markets: MetaTrader 4, MetaTrader 5, cTrader, TradingView. IG: MetaTrader 4, IG Trading Platform, L2 Dealer. See the “Platforms” section for details and selection tips.

What markets can you trade with GO Markets and IG?

GO Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency, Bonds, Stocks. IG: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by GO Markets and IG?

GO Markets: Standard, GO Plus+. IG: CFD, DMA. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by GO Markets and IG?

GO Markets: PayPal, Skrill, Neteller, Bank Transfer, Visa, Mastercard. IG: PayPal, Bank Transfer, Credit and Debit Cards. Check method-specific fees/settlement times.

Which broker is safer — GO Markets or IG — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.