B
Go Markets logo

Go Markets

8.1/10
USAA logo

USAA

7.8/10
7/10RegulationTied7/10
10/10FeesTied10/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Go Markets was founded in 2009 and is headquartered in Australia, while USAA was established in 2008 and is based in United States. Go Markets holds licences including Australian Securities and Investment Commission (ASIC), while USAA is regulated by Financial Conduct Authority (FCA) among others. Go Markets serves 10,000+ clients worldwide; USAA has 10,000+. The minimum deposit is $1 at Go Markets and $25 at USAA.

Go Markets wins this category
FeatureGo MarketsUSAA
Min. Deposit$1$25
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA)
Founded20092008
CountryAustraliaUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Go Markets and USAA, directly affecting your bottom line as a trader. Go Markets has a lower barrier to entry with a minimum deposit of $1 (vs $25 at USAA). Both brokers charge withdrawal fees. USAA charges deposit fees; Go Markets does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureGo MarketsUSAA
Min. Deposit$1$25
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

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

USAA wins this category
FeatureGo MarketsUSAA
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Binary, Tablet & Mobile appsMT4 ,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Go Markets and USAA 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. Go Markets scores higher overall in education and research.

Go Markets wins this category
FeatureGo MarketsUSAA
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

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 USAA supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

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