Go Markets
SpreadCo
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Overview
Go Markets was founded in 2009 and is headquartered in Australia, while SpreadCo was established in 2005 and is based in London. Go Markets holds licences including Australian Securities and Investment Commission (ASIC), while SpreadCo is regulated by Financial Conduct Authority (FCA) among others. Go Markets serves 10,000+ clients worldwide; SpreadCo has 10,000+. The minimum deposit is $1 at Go Markets and $100 at SpreadCo.
| Feature | Go Markets | SpreadCo |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA) |
| Founded | 2009 | 2005 |
| Country | Australia | London |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Go Markets and SpreadCo, directly affecting your bottom line as a trader. Go Markets has a lower barrier to entry with a minimum deposit of $1 (vs $100 at SpreadCo). Both brokers charge withdrawal fees. SpreadCo charges deposit fees; Go Markets does not. Overall, Go Markets scores higher on fees in our assessment.
| Feature | Go Markets | SpreadCo |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Go Markets offers MT5, cTrader, while SpreadCo 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. SpreadCo edges ahead on platform breadth and functionality in our scoring.
| Feature | Go Markets | SpreadCo |
|---|---|---|
| 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 | 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 SpreadCo compare. Go Markets runs regular live webinars; SpreadCo does not. Both provide video tutorials. Go Markets publishes daily market commentary; SpreadCo 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 | SpreadCo |
|---|---|---|
| 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 SpreadCo supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Go Markets | SpreadCo |
|---|---|---|
| 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 Go Markets and SpreadCo 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 | Go Markets | SpreadCo |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |