GO Markets vs Phemex 2026: Which Broker is Better?
Compare GO Markets and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
GO Markets
Phemex
| GO Markets | Phemex | |
|---|---|---|
| BrokerRank Score | 3.3/5 ✓ | 3.1/5 |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:100 |
| Regulation | ASIC, CySEC ✓ | — |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
GO Markets is the better choice overall, scoring 3.3/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Phemex offers lower spreads (0 pips).
See full side-by-side comparison belowGO Markets vs Phemex: Key Differences
GO Markets
Phemex
WinnerStill deciding between GO Markets and Phemex?
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Fees Comparison
GO Markets
Phemex
Lower feesBrokerRank Verdict
GO Markets scores 3.33/5 while Phemex scores 3.09/5 in our independent rating.
GO Markets edges ahead overall, but Phemex 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
3.3/5
Choose GO Markets if you want…
- Higher overall rating (3.3/5)
- Higher leverage (up to 1:500)
- More regulatory licences (2)
- More market types (5)
Phemex
3.1/5
Choose Phemex if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
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 & Phemex are available in
Frequently Asked Questions
1Is GO Markets better than Phemex?
GO Markets scores higher overall on our independent rating system. GO Markets holds a 3.3/5 rating vs Phemex's 3.1/5. 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 Phemex?
GO Markets offers spreads from 0.1 pips, while Phemex starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for GO Markets vs Phemex?
GO Markets requires a minimum deposit of $200. Phemex requires $0.
4Which broker is safer, GO Markets or Phemex?
GO Markets is regulated by ASIC, CySEC, while Phemex holds licences from unknown regulators.
5What trading platforms do GO Markets and Phemex support?
GO Markets supports MT4, MT5. Phemex supports Proprietary Web, Proprietary Mobile.
6Can I use both GO Markets and Phemex?
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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BrokerRank Research
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76% of Brokers Use Proprietary Platforms
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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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