TMS Brokers vs GO Markets

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

TMS Brokers vs GO Markets Comparison Table 2024
TMS Brokers GO Markets
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rating full
2.8
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3.9
TMS Brokers is ranked #97 among CFD brokers. GO Markets is ranked #26 among CFD brokers.
TMS Brokers is a leading European brokerage that offers affordable leveraged trading on forex, indices, stocks, ETFs, commodities and crypto through the popular MetaTrader 5 as well as a proprietary platform. The award-winning brand has over 20 years in the financial markets with modern trading tools and rich market analysis. 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
  • Regulated by Poland's KNF and a member of the Polish Compensation Scheme
  • Choice of MetaTrader 5 or proprietary platform
  • Transparent fees with spreads from 1 pip
  • Pro account with perks
  • Demo account available
  • Award-winning brand
  • 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
  • Financial education tools are very limited for English speaking customers
  • Connect Professional account fees and rates are not as transparent
  • Weak support for non-Polish speakers
  • Average investment offering
  • Low leverage of 1:20
  • Multiple restricted countries including the US
  • Only two account types
  • $200 minimum deposit
Awards
  • Best FX Broker 2020 - Invest Cuffs
  • Forecast Accuracy Ranking Q1 2019 - Bloomberg
  • 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, CFDs, indices, shares, commodities, cryptocurrencies, ETFs CFDs, forex, indices, shares, energies, metals, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 $200
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
Polish Financial Supervision Authority (KNF) ASIC, CySEC, FSC of Mauritius
Mobile Apps
Yes iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
No 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
No 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
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes Yes
Copy Trading
No Yes
Copy Trading Platform
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 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
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • HKD
  • SGD
Commodities
  • Gold
  • Silver
  • Cocoa
  • Wheat
  • Gold
  • Silver
  • Oil
  • Wheat
CFD
Trade CFDs on a wide range of markets including stocks, indices, commodities and ETFs with variable spreads. The mobile app is reliable and the MT5 platform is an excellent option for active, multi-asset traders. 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
1:20 1:500
FTSE Spread
2.5 1 - 2.3 points
GBPUSD Spread<
1.3 0.0 - 1.5 pips
Oil Spread
0.04 Variable
Stocks Spread
Variable Variable
Forex
42 forex pairs can be traded with a maximum 1:20 leverage. Traders benefit from zero-commission trading and average spreads starting from 1 pip, which are reasonable though not the lowest we have seen. 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
42 50+
GBPUSD Spread
1.3 0.0 - 1.5 pips
EURUSD Spread
1.0 0.0 - 1.2 pips
EURGBP Spread
1.0 0 - 1.4 pips
Cryptocurrency
18 cryptocurrency CFDs are available, including Bitcoin, Ethereum and various altcoins, with maximum 1:2 leverage. On the negative side, the selection of digital currencies is limited vs alternatives we have tested. Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform.
Spread
Floating Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
TMS Brokers GO Markets
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