FXCM vs GO Markets

FXCM or GO Markets – which is better for UK traders 2025? Compare FXCM and GO Markets in this detailed breakdown of their platforms, features and fees.

FXCM vs GO Markets Comparison Table 2025
FXCM GO Markets
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4
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3.9
FXCM is ranked #25 among CFD brokers. GO Markets is ranked #22 among CFD brokers.
FXCM, a reputable forex and CFD broker founded in 1999, is headquartered in the UK. It has garnered multiple accolades and operates in several regions, including the UK and Australia. Offering more than 400 assets and comprehensive analysis tools without any commission charges, FXCM is a favoured option among traders. The broker is also under the regulation of leading bodies such as the FCA, ASIC, CySEC, FSCA, and BaFin. GO Markets is a well-regarded forex and CFD brokerage, recognised with numerous industry awards. This ECN/STP broker attracts new traders with its competitive accounts in various base currencies and flexible payment options. Regulated by CySEC and ASIC, GO Markets is a reliable choice for traders.
Pros
  • In addition to its four charting platforms, FXCM provides a superior selection of specialist software for seasoned traders, featuring QuantConnect, AgenaTrader, and Sierra Chart.
  • The proprietary Trading Station platform is an excellent option for traders seeking a comprehensive tool for their short-term and automated strategies.
  • Traders have access to premium tools such as a market scanner, forex signals, and research from the third-party site eFXPlus.
  • FXCM boasts a strong international reputation, holding licences from the FCA, ASIC, CySEC, and FSCA. With two decades of experience, it commands respect in the trading industry.
  • A variety of funding options, such as bank cards, Apple Pay, and PayPal, are available with immediate processing.
  • The broker provides reduced spreads and additional benefits for seasoned traders through the Active Trader account.
  • FXCM has broadened its range of trading opportunities by offering 24/7 stock CFDs via MetaTrader 4.
  • Rebates available on foreign exchange and metals for high-volume traders.
  • No fee for account inactivity.
  • Copy trading service
  • High leverage up to 1:500
  • The Standard account offers commission-free trading.
  • Minimum lot size of 0.01 and no spreads.
  • 24/5 award-winning client support.
  • Trading signals and market insights
  • MetaTrader 4 and MetaTrader 5 platforms
  • Robust regulatory supervision, such as that provided by CySEC.
  • Outstanding analysis tools from Autochartist and Trading Central
  • USDT is now accepted for crypto deposits.
  • Enhanced investment options in 2024 with over 1000 new stock CFDs.
Cons
  • While FXCM primarily caters to seasoned traders, the absence of managed accounts is unfortunate.
  • There are no retail account options available for traders, and Cent/Micro account alternatives are also absent.
  • The live chat support is often sluggish and inconsistent when compared to leading competitors.
  • Several countries, such as the US, have imposed restrictions.
  • Only two account types
  • Minimum deposit requirement: £200.
Awards
  • No. 1 For Educational Materials, 2019-2021 - Investment Trends Australia Leverage Trading Report
  • No. 1 For Value for Money, Spreads, Trading Ideas & Strategies and Margin Requirements, 2021 - Investment Trends Australia Leverage Trading Report
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
Forex, Stock CFDs, Commodities CFDs, Crypto CFDs CFDs, forex, indices, shares, energies, metals, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$50 $200
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
FCA, CySEC, ASIC, FSCA, BaFin, CIRO ASIC, CySEC, FSC of Mauritius
Mobile Apps
iOS and Android iOS & Android
iOS App Rating
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3.1
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4
Android App Rating
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4.5
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4.6
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
Yes Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes
Copy Trading
Yes Yes
Copy Trading Platform
FXCM provides social and copy trading options for forex, CFDs, and cryptocurrencies via the widely-used ZuluTrade platform. Registration is swift, and you can monitor your trading outcomes instantly. GO Markets utilizes the Myfxbook AutoTrade platform, allowing investors to replicate trades from other traders. Gain insights from successful traders while employing easy-to-use risk management tools.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • HKD
  • SGD
Commodities
  • Gold
  • Oil
  • Silver
  • Cannabis
  • Gold
  • Silver
  • Oil
  • Wheat
CFD
You can engage in trading various CFD instruments, such as forex, shares, indices, and commodities. Traders have access to a superb choice of platforms, including TradingView and MT4. Additionally, advanced trading tools like API solutions cater to experienced algorithmic traders. Trade highly leveraged CFDs in forex, commodities, indices, stocks, and bonds, with customer support available five days a week. Create a varied portfolio from a wide range of CFD assets.
Leverage
1:400 1:500
FTSE Spread
1.18 pts var* 1 - 2.3 points
GBPUSD Spread<
0.5 pips* 0.0 - 1.5 pips
Oil Spread
0.05 (var)* Variable
Stocks Spread
0.2% Var* Variable
Forex
FXCM provides a selection of over 40 currency pairs. There are no commission charges, and spreads are competitive, starting at 0.78 pips for EUR/USD. Additionally, the broker features three forex baskets, focusing on USD, Yen, and emerging market benchmarks. Engage in trading popular currency pairs with leverage options up to 1:500 and zero-pip spreads via the GO Plus account. Enjoy commission-free trading with a variety of forex contract sizes, including micro, mini, and standard.
Assets
40 50+
GBPUSD Spread
0.5 pips var* 0.0 - 1.5 pips
EURUSD Spread
0.2 pips var* 0.0 - 1.2 pips
EURGBP Spread
0.5 pips var* 0 - 1.4 pips
Currency Indices
  • JPY
Cryptocurrency
Trade popular digital currencies with no commission and leverage. FXCM offers a crypto basket, providing exposure to Bitcoin, Ethereum, Litecoin, and Bitcoin Cash in a single trade. Trade prominent cryptocurrencies such as Bitcoin, Ethereum, and Ripple. Benefit from competitive spreads, transparent pricing, and a reliable trading platform.
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • LTC
  • BTC
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FXCM GO Markets
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