GemForex vs GO Markets

GemForex or GO Markets – which is better for UK traders 2024? Compare GemForex and GO Markets in this detailed breakdown of their platforms, features and fees.

GemForex vs GO Markets Comparison Table 2024

GemForex	GO Markets
2.3	3.9
GemForex is ranked #97 among CFD brokers.	GO Markets is ranked #26 among CFD brokers.
Review	Review
GemForex is a Japanese CFD and forex broker offering a curated selection of trading products.	GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.
Pros
	Rebates on FX and metals for high-volume traders No inactivity fee Copy trading service High leverage up to 1:500 No commission with the Standard account 0.01 minimum lot size and zero spreads 24/5 award-winning customer service Trading signals and market insights MetaTrader 4 and MetaTrader 5 platforms Strong regulatory oversight, including CySEC Excellent third-party analysis tools from Autochartist and Trading Central Crypto deposits available in USDT
Cons
	Multiple restricted countries including the US Only two account types $200 minimum deposit
Awards
Best Broker 2020 - Forex.com Awards Best Broker 2019 - Forex.com Awards Best Broker 2018 - Forex.com Awards Best MT4 Broker 2017 - Forex.com Awards Best Forex Trade Copy Service 2017 - Forex.com Awards Best Asia FX Broker 2016 - Forex.com 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
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
Forex, Commodities	CFDs, forex, indices, shares, energies, metals, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$1	$200
Payment Methods
Credit Cards Debit Card PayPal Perfect Money STICPAY	Credit Cards Debit Card Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
$0	0.01 Lots
Regulator
FSC	ASIC, CySEC, FSC of Mauritius
Mobile Apps
Yes (iOS & Android)	iOS & Android
iOS App Rating
Android App Rating
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	Yes
STP Account
Yes	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	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
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Auto Trading
Yes - the first ever free EA service in Japan	Yes
Copy Trading
Yes	Yes
Copy Trading Platform
GemForex offers a free forex mirror trading tool that operates without the need for VPS.	GO Markets uses the Myfxbook AutoTrade platform to provide investors with the option to copy other traders. Learn from profitable traders with straightforward risk management tools.
Social Trading
No	Yes
Trade Signals
Yes - MT4	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
USD JPY	USD EUR GBP CAD AUD NZD CHF HKD SGD
Commodities
Oil	Gold Silver Oil Wheat
CFD
Trade leveraged CFDs on indices and commodities.	Access highly leveraged CFDs across forex, commodities, indices, stocks and bonds with 24/5 customer support. Build a diverse portfolio with hundreds of CFD assets.
Leverage
1:1000	1:500
FTSE Spread
Variable	1 - 2.3 points
GBPUSD Spread<
Variable	0.0 - 1.5 pips
Oil Spread
Variable	Variable
Stocks Spread
N/A	Variable
Forex
GemForex offers 33 currency pairs, including majors, minors and exotics.	Speculate on popular currency pairs with flexible leverage up to 1:500 and zero-pip spreads in the GO Plus account. Commission-free trading is available with micro, mini and standard forex contract sizes.
Assets
33	50+
GBPUSD Spread
Variable	0.0 - 1.5 pips
EURUSD Spread
Variable	0.0 - 1.2 pips
EURGBP Spread
Variable	0 - 1.4 pips
Cryptocurrency
	Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform.
Spread
	Variable
Coins
	BTC ETH LTC XRP BCH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
GemForex	GO Markets
Review	Review
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