Go Markets
mbcfx
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Overview
Go Markets was founded in 2009 and is headquartered in Australia, while mbcfx was established in 2021 and is based in Puerto Rico. Go Markets holds licences including Australian Securities and Investment Commission (ASIC), while mbcfx is regulated by Financial Conduct Authority (FCA) among others. Go Markets serves 10,000+ clients worldwide; mbcfx has 30,000+. The minimum deposit is $1 at Go Markets and $250 at mbcfx.
| Feature | Go Markets | mbcfx |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial 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-F276 |
| Founded | 2009 | 2021 |
| Country | Australia | Puerto Rico |
| Clients | 10,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between Go Markets and mbcfx, 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 mbcfx). Go Markets charges withdrawal fees while mbcfx does not, a notable advantage for frequent withdrawers. Overall, Go Markets scores higher on fees in our assessment.
| Feature | Go Markets | mbcfx |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Go Markets offers MT5, cTrader, while mbcfx 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. mbcfx edges ahead on platform breadth and functionality in our scoring.
| Feature | Go Markets | mbcfx |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Binary, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 mbcfx compare. Go Markets runs regular live webinars; mbcfx does not. Both provide video tutorials. Go Markets publishes daily market commentary; mbcfx 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.
| Feature | Go Markets | mbcfx |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
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 mbcfx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). mbcfx uniquely supports PayPal and Skrill and Neteller among the two brokers. mbcfx scores higher on deposit and withdrawal flexibility.
| Feature | Go Markets | mbcfx |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 mbcfx offer live chat support. Both provide phone support. Email support is available at both brokers. Go Markets supports 2 languages and mbcfx supports 8, giving mbcfx broader global reach. Both brokers are comparable on support quality.
| Feature | Go Markets | mbcfx |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |