FP Markets vs GO Markets: Which One Is Best?
FP Markets and GO Markets are two popular Australian brokers with global reach in forex. But while they share the same regulatory backyard, the way they serve traders in 2025 is anything but identical.
Written by Noam Korbl
Updated:
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Regulations and Licenses
Brokerage
Markets and Instruments
Minor Pairs 20:1
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*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.
Trading Platforms + Tools
Overall
Before I get into the full comparison, let’s take a quick look at how they compare across the fundamentals:
- GO Markets has slightly lower Standard account spreads and Raw commission.
- FP Markets has a wider product range especially if you’re focusing on forex and share CFDs
- GO Markets offers better-structured and more comprehensive learning materials.
1. Lowest Spreads And Fees – Go Markets
Starting with the Standard account where broker fees are already included in the spread, GO Markets offers more competitive pricing. On the most traded pair, EUR/USD, the broker averages 1.0 pips while FP Markets spread for the same pair is 1.2 pips.
So, trading a standard lot (100,000 units) with GO Markets saves you around $2 per trade, which adds up fast if you’re trading frequently.
Standard Account Spreads | |||||
|---|---|---|---|---|---|
![]() | 1.00 | 1.00 | 1.20 | 1.30 | 1.00 |
![]() | 1.18 | 1.45 | 1.40 | 1.49 | 1.60 |
![]() | 1.10 | 1.10 | 1.30 | 1.30 | 1.30 |
![]() | 1.00 | 1.20 | 1.10 | 1.20 | 1.20 |
![]() | 1.10 | 1.20 | 1.50 | 1.40 | 1.40 |
![]() | 1.20 | 1.30 | 1.20 | 1.30 | 1.30 |
![]() | 0.80 | 1.00 | 1.00 | 1.00 | 1.00 |
![]() | 0.80 | 0.90 | 1.20 | 1.20 | 1.30 |
![]() | 1.40 | 1.90 | 1.30 | 1.60 | 1.50 |
Avg. spreads are taken from each broker's website and updated monthly. Last update on 10/01/2025
Raw Account
The Raw account is where you naturally end up as you gain more experience as a trader and are on the hunt for tighter pricing. Here you get to see the true cost of execution with no markups, just market spreads plus commission.
On EUR/USD, FP Markets and GO Markets both offer spreads from 0.2 pips, about as close to zero as you’ll find. GO’s commission ($2.50 per side or $5 round trip) is significantly lower than FP Markets which charges $3 per side ($6 round trip).
| EUR/USD | USD/JPY | GBP/USD | AUD/USD | USD/CAD | Average Overall | |
|---|---|---|---|---|---|---|
| FP Markets | 0.2 | 0.56 | 0.29 | 0.21 | 0.5 | 0.35 |
| GO Markets | 0.2 | 0.2 | 0.5 | 0.2 | 0.3 | 0.28 |
When you factor in the spread, GO’s all-in cost per standard lot lands just under $7, while FP is closer to $8.
| Broker | USD | AUD | GBP | EUR |
|---|---|---|---|---|
| Go Markets | 2.5 | 3 | 2 | 2 |
| FP Markets | 3 | N/A | 2.25 | 2.75 |
Our Lowest Spreads and Fees Verdict
Across both Standard and Raw accounts, GO Markets offers lower overall trading fees, including spreads and commissions.
Go Markets ReviewVisit Go Markets
2. Better Trading Platform – FP Markets
Proprietary Platforms and Apps
FP Markets Australian clients have access to Mottai, while traders elsewhere get the FP Markets App. I found them user-friendly with decent account management and mobile charting tools and features. GO Markets, meanwhile, has its own Go WebTrader, but the focus remains squarely on enhancing MetaTrader and cTrader with add-ons rather than reinventing the wheel.
| Trading Platform | FP Markets | GO Markets |
|---|---|---|
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | Yes | Yes |
| cTrader | Yes | Yes |
| TradingView | Yes | Yes |
| Copy Trading | Yes | Yes |
| Proprietary Platform | Yes | Yes |
I’ve created a software questionnaire with six questions to help you find the best trading platform for your style.
Both brokers put forward a strong lineup of trading platforms but it’s the way they customise and enhance them that sets them apart.
MetaTrader
MT4 and MT5 are the world’s most used platforms and FP Markets tightly integrate them with their infrastructure such as lightning-fast execution and deep liquidity.
MT4 offers the essentials including custom indicators, multiple order types, one-click trading, and full support for Expert Advisors (EAs) built with MQL4. MT5 ups the performance with even more upgrades like 21 timeframes, six pending order types, and a built-in strategy tester for algo traders.
GO Markets focuses on stepping up the MetaTrader experience. Their Genesis toolkit turns the standard platform into a power terminal with sentiment overlays, order management upgrades, and trade alerts you actually want to use. Add-ons like AutoChartist and Trading Central round out the experience for visually driven traders who rely on pattern recognition.
cTrader
If you prefer cTrader’s sleek design and advanced charting, both brokers offer the platforms with little to no restrictions. FP Markets focuses on raw pricing, algo support via cTrader Automate (C#), and copy trading integration. You get multi-chart layouts, 70+ indicators, and a deep order book view with Depth of Market.
GO Markets takes that same foundation but adds dedicated account managers for cTrader users. I also think that their ultra-low Raw account commissions make the platform especially attractive for scalpers.
TradingView
Both brokers also link directly to TradingView, allowing you to connect with a global community of 100+ million users and share trade ideas or market insights. The platform’s version with the two brokers is obviously community-centered with thousands of public indicators, Pine Script strategies, and the ability to trade from charts.
Our Better Trading Platform Verdict
The brokers offer similar platforms, but FP Markets makes more of them with deeper integrations, better charting tools, and stronger automation support.
3. Superior Accounts And Features – Tie
FP Markets and GO stick to Standard and Raw accounts which cover the needs of beginners and experienced traders pretty well. You get leverage up to 1:500, micro-lot trading from 0.01 lots, full Expert Advisor (EA) support, and VPS hosting for automated strategies. Swap-free (Islamic) accounts are also available if you want to stay Sharia-compliant.
It’s more or less the same at GO Markets with their Standard account and GO Plus+ Raw account. Only here, the spreads are a bit lower but there’s no swap-free trading option.
| FP Markets | GO Markets | |
|---|---|---|
| Standard Account | Yes | Yes |
| Raw Account | Yes | Yes |
| Swap Free Account | Yes | No |
| Active Traders | Yes | Yes |
| Spread Betting (UK) | No | No |
Our Superior Accounts and Features Verdict
It’s a tie for me in this section. The broker with better account types really depends on what you value more as a trader between cost efficiency and added flexibility.
4. Best Trading Experience And Ease – Tie
This is another area where both brokers were evenly matched in my view. Account opening is quick and hassle-free, execution is reliable and the overall trading experience is generally great with either.
With FP Markets, my market orders were filling in under 100 ms while limit orders averaged slower speeds. GO Markets delivered consistently smooth execution on both order types, averaging speeds of 145 ms, which translates to reliable fills and less slippage.
| Limit Order Speed | Limit Order Global Rank | Market Order Speed | Market Order Global Rank | |
|---|---|---|---|---|
| FP Markets | 225ms | 31/36 | 96ms | 8/36 |
| GO Markets | 144ms | 20/36 | 145ms | 20/36 |
Our Best Trading Experience and Ease Verdict
You’ll enjoy a smooth trading experience with both FP and GO Markets.
5. Stronger Trust And Regulation – Tie
Beyond the strong regulatory frameworks, their high trust ratings reflect overall user satisfaction and service quality.
FP Markets Trust Score

GO Markets Trust Score

Regulation
When it comes to trust, I always start with regulation and reputation. Both FP Markets and GO Markets are Australian brokers with over 15 years in the industry, regulated by ASIC and CySEC.
This kind of oversight often separates the reliable brokers from the risky ones, which already puts FP and GO in a higher trust category in my books.
Alongside ASIC and CySEC, they also hold tier-three licenses in Seychelles, Mauritius, but FP Markets is authorised in South Africa, and Kenya as well.
| FP Markets | GO Markets | |
|---|---|---|
| Tier 1 Regulation | ASIC (Australia) CYSEC (Cyprus) | ASIC (Australia) CYSEC (Cyprus) |
| Tier 2 Regulation | ||
| Tier 3 Regulation | FSA-S (Seychelles) FSC-M (Mauritius) FSCA (South Africa) | FSA-S (Seychelles) FSC-M (Mauritius) |
Reviews
As shown below, FP Markets boasts an impressive Trustpilot rating of 4.9 out of 5, based on over 8,800 reviews. GO Markets holds a solid Trustpilot score of 4.7 out of 5, from around 677 reviews. FP Markets stands out with a near-perfect score and a large volume of positive feedback, indicating broad and consistent customer satisfaction. GO Markets also performs well but has fewer reviews, making FP Markets the more widely endorsed broker on Trustpilot.

Our Stronger Trust and Regulation Verdict
No winner for me in this section as both FP and GO are well-regulated and trustworthy.
6. Most Popular Broker – FP Markets
Popularity doesn’t always equal quality, but it does show where traders are putting their trust. In this case, FP Markets has far broader global recognition than GO Markets.
FP is more searched by keywords across Europe in Italy, Spain, Germany, Greece, and the UK. Even in emerging markets like Asia (India, Pakistan) and Africa (South Africa) they’re the more popular name.
| Country | FP Markets | Go Markets |
|---|---|---|
| Italy | 12,100 | 170 |
| India | 2,900 | 720 |
| United Kingdom | 2,400 | 590 |
| South Africa | 2,400 | 260 |
| Greece | 1,900 | 70 |
| Australia | 1,900 | 1,600 |
| United States | 1,600 | 9,900 |
| Spain | 1,600 | 170 |
| Canada | 1,600 | 720 |
| Germany | 1,300 | 170 |
| Pakistan | 1,300 | 260 |
| France | 880 | 210 |
| Poland | 720 | 590 |
| Turkey | 720 | 320 |
| Malaysia | 720 | 720 |
| Thailand | 720 | 590 |
| Bangladesh | 720 | 30 |
| Brazil | 590 | 170 |
| Indonesia | 590 | 1,900 |
| Nigeria | 590 | 90 |
| Singapore | 590 | 170 |
| Morocco | 590 | 30 |
| Kenya | 590 | 20 |
| Switzerland | 480 | 30 |
| Netherlands | 480 | 70 |
| United Arab Emirates | 480 | 70 |
| Cyprus | 480 | 50 |
| Philippines | 390 | 480 |
| Vietnam | 320 | 5,400 |
| Colombia | 260 | 110 |
| Sweden | 210 | 20 |
| Egypt | 210 | 320 |
| Taiwan | 210 | 170 |
| Saudi Arabia | 210 | 40 |
| Portugal | 210 | 30 |
| Algeria | 210 | 50 |
| Cambodia | 210 | 30 |
| Austria | 170 | 20 |
| Mexico | 170 | 27,100 |
| Hong Kong | 170 | 140 |
| Japan | 140 | 170 |
| Argentina | 140 | 210 |
| Sri Lanka | 140 | 50 |
| Venezuela | 110 | 30 |
| Ethiopia | 110 | 10 |
| Tanzania | 110 | 20 |
| Ireland | 90 | 40 |
| Chile | 70 | 210 |
| Uzbekistan | 70 | 40 |
| Peru | 70 | 90 |
| Jordan | 70 | 10 |
| Ghana | 70 | 10 |
| Ecuador | 70 | 90 |
| Uganda | 70 | 10 |
| Dominican Republic | 70 | 590 |
| Botswana | 50 | 10 |
| New Zealand | 40 | 50 |
| Bolivia | 30 | 30 |
| Costa Rica | 20 | 90 |
| Panama | 20 | 30 |
| Mauritius | 20 | 20 |
| Mongolia | 10 | 50 |
12,100 1st | |
170 2nd | |
2,900 3rd | |
720 4th | |
1,900 5th | |
70 6th | |
1,900 7th | |
1,600 8th |
Our Most Popular Broker Verdict
FP Markets is the more widely recognized broker worldwide, especially across Europe, Asia, and Africa.
7. Top Product Range And CFD Markets – FP Markets
FP Markets simply offers more instruments, more asset classes, and more trading opportunities. That wider range means greater flexibility to diversify, hedge, or shift strategies as markets move.
You can trade over 63 forex pairs, more than 19 indices, crypto, metals and several commodities including energies like oil and natural gas. On MT5, they already offer 800+ equities, but with their IRESS platform the range explodes to over 10,000 global share CFDs plus 46 ETFs.
| CFDs | FP Markets | GO Markets |
|---|---|---|
| Forex Pairs | 63 | 47 |
| Indices | 19 | 16 |
| Commodities | 4 Metals (vs USD, AUD, EUR) 4 Energies 5 Softs | 3 Metals 5 Energies 2 Softs |
| Cryptocurrencies | 12 | 14 |
| Shares CFDs | 10000+ (with IRESS) 814 (with MT5) | 1190+ |
| ETFs | 46 | No |
| Bonds | 2 | 5 |
| Futures | No | No |
| Treasuries | 2 | 5 |
| Investment | No | No |
Our Top Product Range and CFD Markets Verdict
FP Markets has a wider CFD products offering, especially if you want serious equity exposure alongside forex.
8. Superior Educational Resources – FP Markets
FP provides articles, blogs, webinars, and even downloadable eBooks to support long-term growth for beginners and sharpen the skills of experienced traders. Their glossary and YouTube content are nice resources if you prefer bite-sized learning.
GO Markets only offer basic beginner resources, some articles, and a few market analysis pieces, but that’s about it. There’s no real progression path if you’re looking to move beyond the basics, and lack of webinars or downloadable material makes their education feel bare-bones.
Our Superior Educational Resources Verdict
FP Markets leads on education with a fuller mix of resources and learning formats.
9. Superior Customer Service – Tie
FP Markets is the more available of the two, running 24/7 support across live chat, email, phone, and even social channels like Twitter. Their help centre and MetaTrader guides are detailed, and I found the support team responsive and knowledgeable.
GO Markets customer support operates 24/5, but they back it up with consistent service quality. They’ve actually won multiple Investment Trends awards across categories like customer service, value for money, and education, which reinforces their reputation with clients.
| Feature | FP Markets | GO Markets |
|---|---|---|
| Live Chat Support | Yes | Yes |
| Email Support | Yes | Yes |
| Phone Support | Yes | Yes |
| Support Hours | 24/7 | 24/5 |
| Multilingual Support | Yes | Yes |
Our Superior Customer Service Verdict
The result is a tie since both brokers prove reliable customer support when you need them, just with slightly different strengths.
10. Better Funding Options – FP Markets
Smooth funding is another one of those behind-the-scenes details that makes a broker either a pleasure or a pain to deal with.
Both FP and GO support Visa and Mastercard, debit cards, bank transfer, Skrill, Neteller, and even crypto. With these, you’ve got instant deposits and reliable withdrawal options that cover most global traders.
FP Markets even goes a step further by offering PayPal which adds real convenience, especially if you want to fund quickly without sharing card or bank details. They also offer POLi/BPay for Australian and New Zealand clients, giving locals a direct, low-cost way to move money.
Both brokers follow strict AML rules and process withdrawals to the original funding method, ensuring your funds stay secure and aren’t misdirected.
| Funding Option | FP Markets | GO Markets |
|---|---|---|
| Credit Card | Yes | Yes |
| Debit Card | Yes | Yes |
| Bank Transfer | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
| Crypto | Yes | Yes |
| Rapid Pay | No | No |
| POLi / bPay | Yes | Yes |
| Klarna | No | No |
Our Better Funding Options Verdict
FP Markets’ wider mix of trusted, regulated payment partners gives me more confidence that you’ll always have a reliable way to move money quickly.
11. Lower Minimum Deposit – FP Markets
FP Markets has a lower minimum deposit of just $100, which also happens to be the recommended starting balance. It’s a more accessible entry point for beginners, especially compared to GO Markets’ $200 minimum, which may be harder to justify if you’re still testing the platform.
| Minimum Deposit | Recommended Deposit | |
|---|---|---|
| FP Markets | $100 | $100 |
| GO Markets | $200 | $200 |
Our Lower Minimum Deposit Verdict
FP Markets has a lower barrier to entry making it the more accessible broker.
Our Final Verdict On Which Broker Is The Best: GO Markets or FP Markets?
FP Markets is the better broker across almost every major category I’ve covered, from platforms and trading experience to regulation, customer support and product range.
| Criteria | FP Markets | GO Markets |
|---|---|---|
| Lowest Spreads And Fees | ✅ | ❌ |
| Better Trading Platforms | ✅ | ❌ |
| Superior Accounts And Features | ✅ | ✅ |
| Best Trading Experience | ✅ | ✅ |
| Stronger Trust And Regulation | ✅ | ✅ |
| Most Popular Broker | ✅ | ❌ |
| CFD Product Range And Financial Markets | ✅ | ❌ |
| Superior Educational Resources | ✅ | ❌ |
| Better Customer Service | ✅ | ✅ |
| More Funding Options | ✅ | ❌ |
| Lower Minimum Deposit | ✅ | ❌ |
GO Markets: Best For Beginner Traders
GO Markets is better suited for beginner traders because it offers low standard account spreads, excellent educational materials and user-friendly platforms.
FP Markets: Best For Experienced Traders
FP Markets is the best choice for experienced traders thanks to its low Raw account spreads, broad product range and reliable trading platforms.
FAQs Comparing FP Markets Vs GO Markets
Does GO Markets or FP Markets Have Lower Costs?
GO Markets generally has lower trading costs. On its Raw Spread account, you’ll often see spreads from 0.2 pips with a $2.50 commission per side. Even the Standard account holds competitive spreads around 0.8–1.0 pips without commissions. For more details on low-cost trading, check out our Lowest Commission Brokers.
Which Broker Is Better For MetaTrader 4?
FP Markets is the better choice for MetaTrader 4 users. It offers a seamless trading experience with advanced charting tools and indicators. Check out this list of best MT4 brokers.
What Broker is Superior For Australian Forex Traders?
I recommend FP Markets as they’re ASIC-regulated, have deep local roots, and offer more firepower across platforms, tools, and liquidity. Add in their long-standing reputation and institutional-grade infrastructure and you’ve got a broker built for serious Aussie traders. Check out our Best Forex Brokers In Australia.
Article Sources
No commission account spread propiety testing data and published wesbite spread information, centralised on our Standard Account Spreads page.
FP Markets, Standard Account Spreads testing.
Noam Korbl
Noam Korbl is the co-founder and has been a trader since 2014. He has Finance degree at Monash University and is an investor in shares and equities and successfully started and sold the online business Hearing Choices.









Ask an Expert
Is Go market a good broker?
Go Markets is regulated by major financial bodies like ASIC, FCA and CySEC so they are a safe broker to use.