FP Markets
Go Markets
Our Rating
86
76
The vast majority of retail investor accounts lose money when trading CFDs.
68.3% of retail CFD accounts lose money

Regulations and Licenses

Feature
FP Markets
Go Markets
ASIC (Australia)
FSCA (South Africa)
CYSEC (Cyprus)
FSA (Seychelles)
FSC (Mauritius)

Brokerage

Feature
FP Markets
Go Markets
EUR/USD Avg. Raw Spread
0.08
0.1
GBP/USD Avg. Raw Spread
0.39
0.2
AUD/USD Avg. Raw Spread
0.35
0.2
EUR/USD Standard Spread
1.18
0.9
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.49
1
AUD/USD Avg. Standard Spread
1.45
1
Commissions (USD Base)
$3.00
$2.50
Minimum Deposit
$100
$200
Swap Free Account
No Inactivity Fees
Funding Methods
10+
8+
No Funding Fees

Markets and Instruments

Feature
FP Markets
Go Markets
Currency Pairs
63
47
Cryptocurrency CFDs*
11
14
Index CFDs
19
16
Share CFDs
10000+
1190+
Commodities CFD
13
10
Stockbroking
1190+
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
500:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
500:1
500:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
500:1

*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

Feature
FP Markets
Go Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
(not Australia & EU)
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

FP Markets
Go Markets
Our Rating
86
76
 

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.