B

forexct

7.9/10
Go Markets logo

Go Markets

8.1/10
10/10WinnerRegulation7/10
0/10FeesWinner10/10
9/10WinnerPlatforms7/10
10/10Education & ResearchTied10/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

forexct was founded in 2021 and is headquartered in Australia, while Go Markets was established in 2009 and is based in Australia. forexct holds licences including Financial Conduct Authority (FCA), while Go Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. forexct serves 10,000+ clients worldwide; Go Markets has 10,000+. The minimum deposit is $250 at forexct and $1 at Go Markets.

Go Markets wins this category
FeatureforexctGo Markets
Min. Deposit$250$1
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F228Australian Securities and Investment Commission (ASIC)
Founded20212009
CountryAustraliaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between forexct 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 $250 at forexct). Go Markets charges withdrawal fees while forexct does not, giving forexct an edge for frequent withdrawers. forexct charges deposit fees; Go Markets does not. Overall, Go Markets scores higher on fees in our assessment.

Go Markets wins this category
FeatureforexctGo Markets
Min. Deposit$250$1
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

forexct 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. forexct edges ahead on platform breadth and functionality in our scoring.

forexct wins this category
FeatureforexctGo Markets
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 forexct 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.

Tied
FeatureforexctGo Markets
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. forexct accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Go Markets supports 2 (bank transfer, credit/debit card). forexct uniquely supports PayPal and Skrill and Neteller among the two brokers. forexct scores higher on deposit and withdrawal flexibility.

forexct wins this category
FeatureforexctGo Markets
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both forexct and Go Markets offer live chat support. Both provide phone support. Email support is available at both brokers. forexct supports 8 languages and Go Markets supports 2, giving forexct broader global reach. Both brokers are comparable on support quality.

Tied
FeatureforexctGo Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese