B

fx next

8.3/10
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

fx next was founded in 2018 and is headquartered in Dubai, while Go Markets was established in 2009 and is based in Australia. fx next holds licences including Financial Conduct Authority (FCA), while Go Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. fx next serves 10,000+ clients worldwide; Go Markets has 10,000+. The minimum deposit is $250 at fx next and $1 at Go Markets.

fx next wins this category
Featurefx nextGo 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-F237Australian Securities and Investment Commission (ASIC)
Founded20182009
CountryDubaiAustralia
Clients10,000+10,000+

Fees

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

Go Markets wins this category
Featurefx nextGo Markets
Min. Deposit$250$1
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

fx next 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 fx next does not offer. fx next edges ahead on platform breadth and functionality in our scoring.

fx next wins this category
Featurefx nextGo 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 fx next 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
Featurefx nextGo 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. fx next 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). fx next uniquely supports PayPal and Skrill and Neteller among the two brokers. fx next scores higher on deposit and withdrawal flexibility.

fx next wins this category
Featurefx nextGo 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 fx next and Go Markets offer live chat support. Both provide phone support. Email support is available at both brokers. fx next supports 8 languages and Go Markets supports 2, giving fx next broader global reach. Both brokers are comparable on support quality.

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