GO Markets
Wealthsimple
VS
Higher Rated
GO Markets
Capital at risk · T&Cs apply
Choosing between GO Markets and Wealthsimple depends on your trading style, preferred markets, and budget. GO Markets is headquartered in Melbourne, Australia, while Wealthsimple operates from Toronto, Canada. GO Markets has the longer track record, established in 2006, compared to Wealthsimple which was founded in 2014. 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
Wealthsimple
GO Markets is the better choice overall, scoring 3.3/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Wealthsimple offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
GO Markets
3.3 vs 3.2
Lowest Fees
Wealthsimple
0.1 vs 0 pips
Regulation
GO Markets
2 vs 1 licences
Min. Deposit
Wealthsimple
$200 vs $0
GO Markets
Wealthsimple
WinnerGO Markets
Wealthsimple
Lower feesGO Markets holds licences from ASIC, CySEC. Wealthsimple is regulated by SEC.
Both brokers offer access to Crypto markets. GO Markets additionally covers Forex, Cfd, Indices, Commodities. Wealthsimple adds Stocks.
On spreads, Wealthsimple is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at GO Markets.
GO Markets supports MT4, MT5. Wealthsimple offers Proprietary Web, Proprietary Mobile.
GO Markets requires a minimum deposit of $200, while Wealthsimple sets no minimum deposit. This makes Wealthsimple accessible to traders with any budget.
BrokerRank scores GO Markets at 3.33/5 and Wealthsimple at 3.20/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. GO Markets leads overall with a clear advantage.
GO Markets scores higher overall on our independent rating system. GO Markets holds a 3.3/5 rating vs Wealthsimple's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
GO Markets offers spreads from 0.1 pips, while Wealthsimple starts at 0 pips. Check the fees section above for a full breakdown.
GO Markets requires a minimum deposit of $200. Wealthsimple requires $0.
GO Markets is regulated by ASIC, CySEC, while Wealthsimple holds licences from SEC.
GO Markets supports MT4, MT5. Wealthsimple supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.