IC Markets or GO Markets – which is better for UK traders 2025? Compare IC Markets and GO Markets in this detailed breakdown of their platforms, features and fees.
IC Markets is an internationally acclaimed forex and CFD broker, admired for its competitive pricing, diverse trading instruments, and superior technology. Established in 2007 and based in Australia, the firm is under the regulation of ASIC, CySEC, and FSA. It has successfully drawn over 180,000 clients from more than 200 nations.
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
IC Markets provides some of the industry's narrowest spreads, offering 0.0-pip spreads on major currency pairs. This makes it an extremely cost-effective choice for traders.
As a well-regulated and reputable broker, IC Markets focuses on client safety and transparency to provide a dependable global trading experience.
In 2025, IC Markets earned DayTrading.com's accolade for 'Best MT4/MT5 Broker' due to its top-tier MetaTrader integration. This achievement highlights the broker's continuous refinement over the years to enhance the platform experience.
IC Markets provides reliable 24/5 support, especially for account and funding queries, drawing from direct experience.
Access over 2,250 CFDs across diverse markets like forex, commodities, indices, shares, bonds, and cryptocurrencies. This variety enables traders to employ diversified strategies.
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
IC Markets provides metals and cryptocurrencies for trading through CFDs, though the selection is narrower compared to brokers such as eToro. This limits opportunities for traders focused on these asset classes.
The tutorials, webinars, and educational resources require enhancement, lagging behind competitors such as CMC Markets, which diminishes their appeal to novice traders.
Certain withdrawal methods incur fees, including a $20 charge for wire transfers. These costs can reduce profits, particularly with frequent withdrawals.
Although there are four top-tier third-party platforms available, the absence of in-house software or a trading app tailored for novice traders is notable.
Interest is not paid on idle cash, a feature gaining popularity with alternatives such as Interactive Brokers.
Several countries, such as the US, have imposed restrictions.
Only two account types
Minimum deposit requirement: £200.
Awards
Best MT4/MT5 Broker 2025 - DayTrading.com
Best MT4/MT5 Broker 2023 - DayTrading.com
Best Forex Broker 2022 - DayTrading.com
Best Overall Broker 2020 - DayTrading.com
Best Trading App 2020 - DayTrading.com
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
IC Markets deliver mobile apps for their cTrader, MT4, MT5 and TradingView platforms. They have been developed on Android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. Yet what really stands out is how they’ve managed to maintain the lightning-fast execution speed IC Markets is known for, right within the apps. It’s a seamless trading experience that feels both professional and highly responsive.
iOS App Rating
3.1
4
Android App Rating
4.2
4.6
Margin Trading
Yes
Yes
MetaTrader 4
Yes
Yes
MetaTrader 5
Yes
Yes
cTrader
Yes
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
Yes
No
Autochartist
No
Yes
eSignal
No
No
Trading Central
Yes
Yes
STP Account
No
Yes
ECN Account
Yes
Yes
DMA Account
Yes
No
MAM Account
Yes
Yes
PAMM Account
Yes
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
Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade
Yes
Copy Trading
Yes
Yes
Copy Trading Platform
Introduced in February 2023, the IC Social app provides an easy platform for learning, sharing, and replicating the trades of other traders with minimal effort. The app also includes risk management features and supports specialised trading groups. Alternatively, IC Markets offers access to Signal Start and popular third-party copy trading platforms like ZuluTrade and cTrader Copy.
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
Signal Start
Yes
VPS Hosting
Yes
Yes
Tournaments
No
No
Demo Competitions
No
No
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$0
$0
Islamic Account
Yes
Yes
Account Currencies
USD
EUR
GBP
CAD
AUD
NZD
JPY
CHF
HKD
SGD
USD
EUR
GBP
CAD
AUD
NZD
CHF
HKD
SGD
Commodities
Gold
Oil
Silver
Orange Juice
Cocoa
Coffee
Corn
Soybeans
Sugar
Wheat
Natural Gas
Gold
Silver
Oil
Wheat
CFD
Trade over 2,250 CFDs anytime from Monday to Friday across key markets, including forex, commodities, indices, stocks, and bonds. IC Markets leverages deep liquidity and cutting-edge bridge technology to offer ideal trading conditions for scalpers, hedgers, and 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
1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
1:500
FTSE Spread
1.0
1 - 2.3 points
GBPUSD Spread<
0.23
0.0 - 1.5 pips
Oil Spread
0.03
Variable
Stocks Spread
0.02
Variable
Forex
IC Markets remains dedicated to offering tight 0.0-pip spreads on major currency pairs like EUR/USD, ensuring outstanding execution with an average speed of 35 milliseconds. Ideal for traders seeking high performance, those dealing in large volumes can also enjoy rebates of up to $2.50 per forex lot.
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
75
50+
GBPUSD Spread
0.23
0.0 - 1.5 pips
EURUSD Spread
0.02
0.0 - 1.2 pips
EURGBP Spread
0.27
0 - 1.4 pips
Cryptocurrency
IC Markets provides a range of over 20 cryptocurrencies for trading through CFDs, featuring less common tokens like Avalanche, Kusama, and Uniswap. Traders can enjoy commission-free transactions and experienced individuals can utilise high leverage up to 1:200 via the MetaTrader platforms.
Trade prominent cryptocurrencies such as Bitcoin, Ethereum, and Ripple. Benefit from competitive spreads, transparent pricing, and a reliable trading platform.