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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4.6
FXCM is ranked #24 among CFD brokers. GO Markets is ranked #20 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. Founded in 2006, GO Markets is a well-regarded CFD broker, providing various accounts, pricing models, and dependable execution for traders. Their consistent product enhancements, including MT5, TradingView, new stock CFDs, a PAMM service, and convenient local payment methods for Latin American traders, have been noteworthy.
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 trading options by offering stock CFDs via MetaTrader 4.
  • GO Markets simplifies complex topics, creating a supportive learning community. Its educational offerings include courses, webinars, podcasts, and weekly live coaching, perfect for new traders.
  • MT4, MT5, cTrader, and TradingView support lets traders access top platforms with fast execution and strong charting capabilities.
  • PAMM accounts and copy trading services serve both novice and experienced traders. The rebate programme benefits high-volume traders by lowering expenses.
  • GO Markets has enhanced its services, adding over 1000 new stock CFDs in 2024. In 2025, it will introduce local payment options for traders in Latin America, such as Pago Efectivo in Peru and Paynet in Mexico.
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.
  • GO Markets depends wholly on third-party platforms, lacking a proprietary charting system, which might restrict innovation or customised features for traders seeking advanced tools.
  • GO Markets' research tools are quite basic, missing the depth and frequent updates of larger rivals that provide daily insights, analyst commentary, and sophisticated forecasting tools.
  • While offering decent multi-asset coverage, our analysis revealed restricted options in categories such as commodities and indices, providing only about 15 indices and 10 commodities.
  • During testing, we discovered that GO Markets limits TradingView access in demo mode unless a live account is registered first—a restriction contrasting with firms providing full demo platform access immediately.
Awards
  • Most Trusted Forex Broker APAC 2025 - International Business Magazine
  • Best Global Forex Broker 2025 - International Business Magazine
  • Best Global Forex Broker, Asia 2024 - World Business Outlook Awards
  • Top 100 Trusted Financial Institutions - Middle East 2023 - Middle East Financial Markets Awards
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
Forex, Stock CFDs, Commodities CFDs, Crypto CFDs CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $0
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
FCA, CySEC, ASIC, FSCA, BaFin, CIRO ASIC, CySEC, FSC, FSA
Mobile Apps
iOS and Android iOS & Android
Trading App
GO Markets' mobile platforms—MT4, MT5, cTrader, TradingView, and its proprietary app—offer dependable trading with swift execution and live pricing, performing well under scrutiny. Though MT4 and MT5 meet typical trader expectations, the cTrader app distinguishes itself with an intuitive interface, fast order execution, and sophisticated charting tools.
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 Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
Yes No
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
Expert Advisors (EAs) on MetaTrader, cBots on cTrader
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 provides copy trading on MetaTrader Copy and cTrader Copy, enabling traders to replicate successful strategies directly on their chosen platform. During our testing, the setup was swift and user-friendly. It offers clear performance and risk metrics for provider assessment, making it ideal for beginners and those seeking automated trading options.
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
  • Corn
  • Copper
  • Gold
  • Silver
  • Oil
  • Wheat
  • Soybeans
  • Natural Gas
  • Copper
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. GO Markets provides a robust CFD trading environment, encompassing forex, stocks, indices, commodities, ETFs, bonds, and cryptocurrencies. Accessible via MT4, MT5, cTrader, and TradingView, it offers leverage up to 1:500. Our tests showed quick and dependable CFD execution, allowing traders to access both major and niche markets through one account, without owning physical assets.
Leverage
1:400 1:500
FTSE Spread
1.18 pts var* 2.3
GBPUSD Spread<
0.5 pips* 0.5
Oil Spread
0.05 (var)* 0.038
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. GO Markets provides a robust forex trading platform, featuring more than 50 currency pairs, from majors to minors and exotics such as EUR/USD, GBP/JPY, and USD/SGD. Our tests showed that the GO Plus+ account offers competitive spreads from 0.0 pips and quick execution on MT4, MT5, and cTrader, making it ideal for short-term forex strategies.
Assets
40 50+
GBPUSD Spread
0.5 pips var* 0.5
EURUSD Spread
0.2 pips var* 0.2
EURGBP Spread
0.5 pips var* 0.4
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. GO Markets provides over 40 top cryptocurrency CFDs, such as Bitcoin, Ethereum, Solana, and rarer coins like Aptos and Gala. Testing showed seamless crypto trading on MT4, MT5, and cTrader platforms. With 24/5 access and no separate crypto wallet required, it's convenient for short-term traders speculating on crypto prices.
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • LTC
  • BTC
  • BTC
  • ETH
  • LTC
  • DOGE
  • XRP
  • BCH
  • ADA
  • LINK
  • POL
  • SOL
  • TRX
  • XLM
  • EOS
  • AAVE
  • ALGO
  • APT
  • ARB
  • ATOM
  • AVAX
  • AXS
  • BNB
  • COMP
  • DOT
  • ETC
  • GALA
  • HBAR
  • ICP
  • INJ
  • NEAR
  • ONDO
  • OP
  • PYTH
  • RENDER
  • SAND
  • SUI
  • TIA
  • TON
  • TRUMP
  • UNI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FXCM GO Markets
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