GO Markets vs XM
Side-by-side comparison of regulation, trading costs, platforms, and account types for GO Markets and XM.
GO MarketsTrust 8.2/10
ASIC
CySEC
FSA-Seychelles
FSC-Mauritius
ASIC-regulated Melbourne broker since 2006 with the full platform suite — MT4, MT5, cTrader, TradingView and proprietary GO TradeX. AUD and NZD base currencies and PayPal funding suit local retail traders.
XMTrust 8.4/10
ASIC
CySEC
DFSA
FSCA
Long-established multi-asset broker with a $5 minimum deposit and four-jurisdiction regulation including ASIC and DFSA. Strong educational resources and a copy-trading marketplace make it a popular pick for newer traders.
Quick verdict
- Trust: XM has the higher trust score.
- EUR/USD spread: GO Markets is tighter on EUR/USD.
Side-by-side comparison
| Feature | GO Markets | XM |
|---|---|---|
| Trust score | 8.2 | 8.4 |
| Regulators | ASIC, CySEC, FSA-Seychelles, FSC-Mauritius | ASIC, CySEC, DFSA, FSCA, FSC-Belize |
| Headquarters | Australia | Cyprus |
| Founded | 2006 | 2009 |
| Min deposit | $0.00 | $5 |
| Max leverage | 1:500 | 1:1000 |
| EUR/USD spread | 0.00 pips | 0.70 pips |
| Commission per lot | $6 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, PayPal, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | Bank Wire, Credit/Debit Card, PayPal, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP, AUD, NZD, CAD, SGD | USD, EUR, GBP, AUD, JPY, SGD |
GO Markets is best for
Day traders
Scalpers
Algo traders
XM is best for
Beginners
Day traders
Copy traders