FXCM
Go Markets
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Overview
FXCM was founded in 1999 and is headquartered in United States, while Go Markets was established in 2009 and is based in Australia. FXCM holds licences including Financial Conduct Authority (FCA), while Go Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. FXCM serves 10,000+ clients worldwide; Go Markets has 10,000+. Both brokers share the same minimum deposit of $1.
| Feature | FXCM | Go Markets |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Regulation | Financial Conduct Authority (FCA) | Australian Securities and Investment Commission (ASIC) |
| Founded | 1999 | 2009 |
| Country | United States | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FXCM and Go Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Go Markets charges withdrawal fees while FXCM does not, giving FXCM an edge for frequent withdrawers. The two brokers are broadly comparable on fee structure.
| Feature | FXCM | Go Markets |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
FXCM 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 FXCM does not offer. FXCM edges ahead on platform breadth and functionality in our scoring.
| Feature | FXCM | 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, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps | 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 FXCM 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 | FXCM | 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. FXCM 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 | FXCM | 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 FXCM 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 | FXCM | Go Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |