Ellevest
Go Markets
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Overview
Ellevest was founded in 2008 and is headquartered in USA, while Go Markets was established in 2009 and is based in Australia. Ellevest holds licences including Unregulated, while Go Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Ellevest serves 10,000+ clients worldwide; Go Markets has 10,000+. Both brokers share the same minimum deposit of $1.
| Feature | Ellevest | Go Markets |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Regulation | Unregulated | Australian Securities and Investment Commission (ASIC) |
| Founded | 2008 | 2009 |
| Country | USA | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ellevest and Go Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Both brokers charge withdrawal fees. Ellevest applies inactivity fees on dormant accounts; Go Markets does not. Ellevest charges deposit fees; Go Markets does not. Overall, Go Markets scores higher on fees in our assessment.
| Feature | Ellevest | Go Markets |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Ellevest 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 Ellevest does not offer. Ellevest edges ahead on platform breadth and functionality in our scoring.
| Feature | Ellevest | 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 | Windows, Android, Mac OS, 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 Ellevest and Go Markets compare. Go Markets runs regular live webinars; Ellevest does not. Both provide video tutorials. Go Markets publishes daily market commentary; Ellevest does not. Both integrate third-party research tools. Go Markets maintains an archive of past webinars for on-demand viewing. Go Markets scores higher overall in education and research.
| Feature | Ellevest | Go Markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ellevest 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 | Ellevest | 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 Ellevest 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 | Ellevest | Go Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |