BCS Forex
Go Markets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
BCS Forex was founded in 2016 and is headquartered in Cyprus, while Go Markets was established in 2009 and is based in Australia. BCS Forex holds licences including Cyprus Securities and Exchange Commission (CySEC), while Go Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. BCS Forex serves 10,000+ clients worldwide; Go Markets has 10,000+. The minimum deposit is $100 at BCS Forex and $1 at Go Markets.
| Feature | BCS Forex | Go Markets |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2016 | 2009 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BCS Forex and Go Markets, directly affecting your bottom line as a trader. Go Markets has a lower barrier to entry with a minimum deposit of $1 (vs $100 at BCS Forex). Both brokers charge withdrawal fees. BCS Forex applies inactivity fees on dormant accounts; Go Markets does not. Overall, Go Markets scores higher on fees in our assessment.
| Feature | BCS Forex | Go Markets |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
BCS Forex offers MT4, MT5, cTrader, while Go Markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Go Markets supports social and copy trading features, which BCS Forex does not offer. BCS Forex edges ahead on platform breadth and functionality in our scoring.
| Feature | BCS Forex | Go Markets |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,Desktop,iPhone/iOS | MT4, Web Trader, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BCS Forex and Go Markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | BCS Forex | Go Markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. BCS Forex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Go Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | BCS Forex | Go Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both BCS Forex and Go Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | BCS Forex | Go Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |