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Side-by-Side Comparison Independent Updated Oct 30, 2026

GO Markets vs Kraken 2026: Which Broker is Better?

Compare GO Markets and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

GO Markets

Kraken

Higher ratedKraken logo

Kraken

4.4/ 5
Visit Kraken →Full review
VS
GO MarketsKraken
BrokerRank Score3.3/54.4/5 ✓
Min. Deposit$200$0 ✓
Spread from0.1 pips ✓0.2 pips
Max Leverage1:500 ✓1:5
RegulationASIC, CySECFCA, CFTC
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
KrakenGO Markets
Best for Low Fees
GO MarketsKraken
Best for Regulation
GO MarketsKraken
Best Overall
KrakenGO Markets
Quick Answer

Kraken is the better choice overall, scoring 4.4/5 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 below

GO Markets vs Kraken: Key Differences

Feature

GO Markets

Kraken

Winner
Our Rating
3.3 / 5
4.4 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0.1 pips
0.2 pips
Commission
$3/lot
$0.16/lot
Regulated By
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Crypto
Crypto
Founded
2006
2011
Headquarters
Melbourne, Australia
San Francisco, USA
Score
1 / 5
4 / 5

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Fees Comparison

Fee

GO Markets

Lower fees

Kraken

Spread From
0.1 pips
0.2 pips
Commission
$3/lot
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5

BrokerRank Verdict

GO Markets scores 3.33/5 while Kraken scores 4.43/5 in our independent rating.

Kraken edges ahead overall, but GO Markets may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

GO Markets

GO Markets

3.3/5

Choose GO Markets if you want…

  • Tighter spreads (from 0.1 pips)
  • Higher leverage (up to 1:500)
  • More market types (5)
  • More established (est. 2006)
Kraken

Kraken

4.4/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.4/5)
  • No minimum deposit

Also consider

View all rankings

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.

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4.3
FCA
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FxPro
4.1
FCA
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#5AvaTrade logo
AvaTrade
4.0
MAS
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#6Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both GO Markets & Kraken are available in

Frequently Asked Questions

1

Is GO Markets better than Kraken?

Kraken scores higher overall on our independent rating system. GO Markets holds a 3.3/5 rating vs Kraken's 4.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, GO Markets or Kraken?

GO Markets offers spreads from 0.1 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for GO Markets vs Kraken?

GO Markets requires a minimum deposit of $200. Kraken requires $0.

4

Which broker is safer, GO Markets or Kraken?

GO Markets is regulated by ASIC, CySEC, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do GO Markets and Kraken support?

GO Markets supports MT4, MT5. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both GO Markets and Kraken?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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