FxOpen vs GO Markets 2026: Which Broker is Better?
Choosing between FxOpen and GO Markets depends on your trading style, preferred markets, and budget. FxOpen is headquartered in London, UK, while GO Markets operates from Melbourne, Australia. FxOpen has the longer track record, established in 2005, 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.
FxOpen
GO Markets
| FxOpen | GO Markets | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.3/5 |
| Min. Deposit | $1 ✓ | $200 |
| Spread from | 0 pips ✓ | 0.1 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC | ASIC, CySEC |
| Platforms | MT4, MT5, cTrader | MT4, MT5 |
FxOpen is the better choice overall, scoring 3.7/5 vs 3.3/5 on BrokerRank's independent rating. On fees, FxOpen offers lower spreads (0 pips).
See full side-by-side comparison belowFxOpen vs GO Markets: Key Differences
FxOpen
WinnerGO Markets
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Fees Comparison
FxOpen
Lower feesGO Markets
Regulation & Trust
FxOpen holds licences from FCA, ASIC. GO Markets is regulated by ASIC, CySEC.
Markets & Assets
Both brokers offer access to Forex, Cfd, Crypto, Indices, Commodities markets.
Fees & Spreads
On spreads, FxOpen is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at GO Markets.
Trading Platforms
FxOpen supports MT4, MT5, cTrader. GO Markets offers MT4, MT5. Both brokers are available on MT4, MT5.
Minimum Deposit
FxOpen requires a minimum deposit of $1, while GO Markets sets a minimum deposit of $200. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores FxOpen at 3.66/5 and GO Markets at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FxOpen leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
FxOpen
3.7/5
Choose FxOpen if you want…
- Higher overall rating (3.7/5)
- Tighter spreads (from 0 pips)
- Lower minimum deposit ($1)
- More established (est. 2005)
GO Markets
3.3/5
Choose GO Markets if you want…
Similar strengths to FxOpen — compare below.
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 FxOpen & GO Markets are available in
Frequently Asked Questions
1Is FxOpen better than GO Markets?
FxOpen scores higher overall on our independent rating system. FxOpen holds a 3.7/5 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, FxOpen or GO Markets?
FxOpen offers spreads from 0 pips, while GO Markets starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FxOpen vs GO Markets?
FxOpen requires a minimum deposit of $1. GO Markets requires $200.
4Which broker is safer, FxOpen or GO Markets?
FxOpen is regulated by FCA, ASIC, while GO Markets holds licences from ASIC, CySEC.
5What trading platforms do FxOpen and GO Markets support?
FxOpen supports MT4, MT5, cTrader. GO Markets supports MT4, MT5.
6Can I use both FxOpen 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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