City Index vs GO Markets 2026: Which Broker is Better?
Choosing between City Index and GO Markets depends on your trading style, preferred markets, and budget. City Index is headquartered in London, UK, while GO Markets operates from Melbourne, Australia. City Index has the longer track record, established in 1983, compared to GO Markets which was founded in 2006. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
City Index
GO Markets
| City Index | GO Markets | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0.5 pips | 0.1 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, ASIC, MAS ✓ | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
City Index is the better choice overall, scoring 4.1/5 vs 3.3/5 on BrokerRank's independent rating. On fees, GO Markets offers lower spreads (0.1 pips).
See full side-by-side comparison belowCity Index vs GO Markets: Key Differences
City Index
WinnerGO Markets
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Fees Comparison
City Index
GO Markets
Regulation & Trust
City Index holds licences from FCA, ASIC, MAS. GO Markets is regulated by ASIC, CySEC.
Markets & Assets
Both brokers offer access to Cfd, Forex, Indices, Commodities markets. City Index additionally covers Stocks. GO Markets adds Crypto.
Fees & Spreads
On spreads, GO Markets is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.5 pips at City Index.
Trading Platforms
City Index supports Proprietary Web, Proprietary Mobile, MT4. GO Markets offers MT4, MT5. Both brokers are available on MT4.
Minimum Deposit
City Index requires no minimum deposit, while GO Markets sets a minimum deposit of $200. This makes City Index accessible to traders with any budget.
Overall Ratings
BrokerRank scores City Index at 4.06/5 and GO Markets at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. City Index leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
City Index
4.1/5
Choose City Index if you want…
- Higher overall rating (4.1/5)
- No per-trade commission
- No minimum deposit
- More regulatory licences (3)
GO Markets
3.3/5
Choose GO Markets if you want…
- Tighter spreads (from 0.1 pips)
- Higher leverage (up to 1:500)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both City Index & GO Markets are available in
Frequently Asked Questions
1Is City Index better than GO Markets?
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs GO Markets's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, City Index or GO Markets?
City Index offers spreads from 0.5 pips, while GO Markets starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for City Index vs GO Markets?
City Index requires a minimum deposit of $0. GO Markets requires $200.
4Which broker is safer, City Index or GO Markets?
City Index is regulated by FCA, ASIC, MAS, while GO Markets holds licences from ASIC, CySEC.
5What trading platforms do City Index and GO Markets support?
City Index supports Proprietary Web, Proprietary Mobile, MT4. GO Markets supports MT4, MT5.
6Can I use both City Index and GO Markets?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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