B
Go Markets logo

Go Markets

8.1/10
IronFX logo

IronFX

6.5/10
7/10RegulationWinner9/10
10/10WinnerFees0/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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

Overview

Go Markets was founded in 2009 and is headquartered in Australia, while IronFX was established in 2010 and is based in Cyprus. Go Markets holds licences including Australian Securities and Investment Commission (ASIC), while IronFX is regulated by Financial Conduct Authority (FCA) among others. Go Markets serves 10,000+ clients worldwide; IronFX has 10,000+. The minimum deposit is $1 at Go Markets and $500 at IronFX.

Go Markets wins this category
FeatureGo MarketsIronFX
Min. Deposit$1$500
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
Founded20092010
CountryAustraliaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Go Markets and IronFX, directly affecting your bottom line as a trader. Go Markets has a lower barrier to entry with a minimum deposit of $1 (vs $500 at IronFX). Go Markets charges withdrawal fees while IronFX does not, a notable advantage for frequent withdrawers. IronFX charges deposit fees; Go Markets does not. Overall, Go Markets scores higher on fees in our assessment.

Go Markets wins this category
FeatureGo MarketsIronFX
Min. Deposit$1$500
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Go Markets offers MT5, cTrader, while IronFX supports MT4, 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. IronFX edges ahead on platform breadth and functionality in our scoring.

IronFX wins this category
FeatureGo MarketsIronFX
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Binary, Tablet & Mobile appsMT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Go Markets and IronFX compare. Go Markets runs regular live webinars; IronFX does not. Both provide video tutorials. Go Markets publishes daily market commentary; IronFX 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
FeatureGo MarketsIronFX
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Go Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while IronFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureGo MarketsIronFX
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Go Markets and IronFX 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.

Tied
FeatureGo MarketsIronFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese