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
4	3.9
FXCM is ranked #25 among CFD brokers.	GO Markets is ranked #22 among CFD brokers.
Review	Review
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 allows investors to replicate the trades of experienced traders. This platform enables individuals to follow and emulate the strategies of successful traders, making it accessible even to those with limited financial expertise. By aligning their investments with proven traders, users can potentially improve their trading outcomes. This service offers a streamlined approach to trading, enhancing learning and potential profit without extensive personal effort or time commitment. Leverage ratios as high as 1:500 enable traders to maximise potential returns. 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 are crucial for any trader in effectively navigating financial markets. These insights offer essential data and analysis, guiding traders in making informed decisions. Recognised for their importance, they provide crucial direction in trading strategies, helping traders capitalise on market opportunities. Overall, the combination of signals and insights enhances a trader's ability to react swiftly and strategically to market fluctuations, thereby maximizing potential gains and mitigating risks. MetaTrader 4 and MetaTrader 5 platforms are essential tools for traders, offering comprehensive features for seamless trading execution and analysis. These platforms enable traders to efficiently manage their portfolios and make informed financial decisions. With their user-friendly interfaces and advanced analytics, MetaTrader platforms have become indispensable in the finance industry. Robust regulatory supervision, including that of CySEC, ensures transparency and integrity within the trading industry. Traders operate under strict guidelines to maintain compliance and protect investors. Effective financial governance builds trust and facilitates a stable trading environment. Outstanding analysis tools from Autochartist and Trading Central USDT is now accepted for crypto deposits. In 2024, our investment options will expand to include over 1,000 new stock CFDs. This enhanced offering will benefit traders seeking diverse opportunities.
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
Apple Pay Credit Cards Debit Card Google Pay PayPal Wire Transfer	Credit Cards Debit Card Mastercard Neteller Skrill Visa Wire Transfer
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
3.1	4
Android App Rating
4.5	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
Review	Review
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