B
gcm forex logo

gcm forex

7.6/10
Go Markets logo

Go Markets

8.1/10
10/10WinnerRegulation7/10
0/10FeesWinner10/10
9/10WinnerPlatforms7/10
4/10Education & ResearchWinner10/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

gcm forex was founded in 2017 and is headquartered in USA, while Go Markets was established in 2009 and is based in Australia. gcm forex holds licences including Financial Conduct Authority (FCA), while Go Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. gcm forex serves 142,500+ clients worldwide; Go Markets has 10,000+. The minimum deposit is $250 at gcm forex and $1 at Go Markets.

Go Markets wins this category
Featuregcm forexGo 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-F248Australian Securities and Investment Commission (ASIC)
Founded20172009
CountryUSAAustralia
Clients142,500+10,000+

Fees

Fees are a critical factor when choosing between gcm forex 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 gcm forex). Both brokers charge withdrawal fees. gcm forex charges deposit fees; Go Markets does not. Overall, Go Markets scores higher on fees in our assessment.

Go Markets wins this category
Featuregcm forexGo Markets
Min. Deposit$250$1
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

gcm forex 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. gcm forex edges ahead on platform breadth and functionality in our scoring.

gcm forex wins this category
Featuregcm forexGo 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 gcm forex and Go Markets compare. Go Markets runs regular live webinars; gcm forex does not. Both provide video tutorials. Go Markets publishes daily market commentary; gcm forex 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.

Go Markets wins this category
Featuregcm forexGo Markets
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. gcm forex 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). gcm forex uniquely supports PayPal and Skrill and Neteller among the two brokers. gcm forex scores higher on deposit and withdrawal flexibility.

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

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