GO Markets vs mBank 2026: Which Broker is Better?
Choosing between GO Markets and mBank depends on your trading style, preferred markets, and budget. GO Markets is headquartered in Melbourne, Australia, while mBank operates from Warsaw, Poland. mBank has the longer track record, established in 2000, 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.
GO Markets
mBank
| GO Markets | mBank | |
|---|---|---|
| BrokerRank Score | 3.3/5 | 3.4/5 ✓ |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | ASIC, CySEC ✓ | KNF |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile, mBank Trader |
mBank is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, mBank offers lower spreads (0 pips).
See full side-by-side comparison belowGO Markets vs mBank: Key Differences
GO Markets
mBank
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Fees Comparison
GO Markets
mBank
Lower feesRegulation & Trust
GO Markets holds licences from ASIC, CySEC. mBank is regulated by KNF.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices markets. GO Markets additionally covers Commodities, Crypto. mBank adds Stocks, Etf.
Fees & Spreads
On spreads, mBank is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at GO Markets.
Trading Platforms
GO Markets supports MT4, MT5. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader.
Minimum Deposit
GO Markets requires a minimum deposit of $200, while mBank sets no minimum deposit. This makes mBank accessible to traders with any budget.
Overall Ratings
BrokerRank scores GO Markets at 3.33/5 and mBank at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. GO Markets leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
GO Markets
3.3/5
Choose GO Markets if you want…
- Higher leverage (up to 1:500)
- More regulatory licences (2)
mBank
3.4/5
Choose mBank if you want…
- Higher overall rating (3.4/5)
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 2000)
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 GO Markets & mBank are available in
Frequently Asked Questions
1Is GO Markets better than mBank?
mBank scores higher overall on our independent rating system. GO Markets holds a 3.3/5 rating vs mBank's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, GO Markets or mBank?
GO Markets offers spreads from 0.1 pips, while mBank starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for GO Markets vs mBank?
GO Markets requires a minimum deposit of $200. mBank requires $0.
4Which broker is safer, GO Markets or mBank?
GO Markets is regulated by ASIC, CySEC, while mBank holds licences from KNF.
5What trading platforms do GO Markets and mBank support?
GO Markets supports MT4, MT5. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
6Can I use both GO Markets and mBank?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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