B

Eightcap

5.6/10
Go Markets logo

Go Markets

8.1/10
7/10RegulationTied7/10
4/10FeesWinner10/10
9/10WinnerPlatforms7/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Eightcap was founded in 2009 and is headquartered in Australia, while Go Markets was established in 2009 and is based in Australia. Both brokers are regulated by Australian Securities and Investment Commission (ASIC), among other authorities. Eightcap serves 10,000+ clients worldwide; Go Markets has 10,000+. The minimum deposit is $100 at Eightcap and $1 at Go Markets.

Go Markets wins this category
FeatureEightcapGo Markets
Min. Deposit$100$1
RegulationAustralian Securities and Investment Commission (ASIC)Australian Securities and Investment Commission (ASIC)
Founded20092009
CountryAustraliaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Eightcap 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 Eightcap). Both brokers charge withdrawal fees. Eightcap applies inactivity fees on dormant accounts; Go Markets does not. Overall, Go Markets scores higher on fees in our assessment.

Go Markets wins this category
FeatureEightcapGo Markets
Min. Deposit$100$1
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Eightcap offers MT4, MT5, cTrader, while Go Markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Eightcap edges ahead on platform breadth and functionality in our scoring.

Eightcap wins this category
FeatureEightcapGo Markets
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Tablet & Mobile appsMT4, 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 Eightcap and Go Markets compare. Go Markets runs regular live webinars; Eightcap does not. Go Markets has a video library; Eightcap does not. Go Markets publishes daily market commentary; Eightcap does not. Go Markets integrates third-party research tools (Trading Central, Autochartist); Eightcap does not. Go Markets maintains an archive of past webinars for on-demand viewing. Go Markets scores higher overall in education and research.

Go Markets wins this category
FeatureEightcapGo Markets
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Eightcap 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.

Tied
FeatureEightcapGo Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Eightcap 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.

Tied
FeatureEightcapGo Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese