IC Markets vs Go Markets, Who's Better?
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IC Markets Rating: 8.34 / 10 |
Go Markets Rating: 5.96 / 10 |
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Losses can exceed deposits |
Losses can exceed deposits |
IC Markets vs Go Markets Guide |
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Read our In-Depth IC Markets vs Go Markets Review - Updated for 2022
This IC Markets vs Go Markets review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this IC Markets vs Go Markets review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Go Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a broker and are choosing between IC Markets or Go Markets. Who is better in 2022?
This IC Markets vs Go Markets review contains the latest information so you can easily compare Go Markets against IC Markets.
If you are a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You will acquire proficient at all the concepts of brokerage since you continue trading. For starters, you need to choose the ideal agent who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and Go Markets are two such platforms which will take you along with your investment into great heights. It's crucial that you compare IC Markets vs Go Markets until you trust them with your cash.
Our IC Markets vs Go Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Go Markets side by side.
Our full IC Markets vs Go Markets Review covers everything you will need to know about trading using either IC Markets or Go Markets. A fantastic broker can multiply your initial investments and give you positive profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investment objectives.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully assess your agent before you choose them. It's a common misconception that all agents are exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
IC Markets and Go Markets are both brokers which have forged their way successfully into the brokerage world. Within this review, we have tried to collate some of the important aspects of both IC Markets and Go Markets. This review will help you to know whether either Go Markets or IC Markets is a fantastic match for your own investments or not. We have attempted to breakdown all of the features and charges for your advantage.
Compare IC Markets vs Go Markets
Every online trading system will have a few ups and downs, and no IC Markets and Go Markets review would be complete without having a balanced approach. Compare IC Markets and Go Markets to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of IC Markets and Go Markets Compared
IC Markets has a minimum deposit of $200 while Go Markets has a $1 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Go Markets compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
IC Markets allows you to trade around 232 financial instruments while Go Markets has around 232 available.
The more financial instruments you can trade on the IC Markets and Go Markets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of IC Markets or Go Markets.
IC Markets and Go Markets Contact Details
Being able to contact your broker through many ways is vital. IC Markets and Go Markets have the following contact details and social medias that you can use.
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| Broker | IC Markets | Go Markets |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | Go Markets Twitter Account | |
| IC Markets Facebook Page | Go Markets Facebook Page | |
| IC Markets Instagram Account | Go Markets Instagram Account | |
| IC Markets LinkedIn Page | Go Markets LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Go Markets YouTube Channel |
| Find Out More |
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Go Markets and IC Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing IC Markets and Go Markets will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
IC Markets vs Go Markets - Awards
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| Broker | IC Markets | Go Markets |
| Awards |
IC Markets have won a lot of industry awards over the years they have been running as a financial broker. We show the most notable awards for IC Markets below.
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At the time of writing this Go Markets review, and despite Go Markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Go Markets - Frequently Asked Questions
IC Markets vs Go Markets - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Go Markets was founded in 2009 and has its headquaters in Australia.
What is the minimum deposit for Go Markets or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Go Markets is $1.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and Go Markets are a good choice.
IC Markets vs Go Markets - Regulation And Licencing In More Detail
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Go Markets is regulated by Australian Securities and Investment Commission (ASIC).
Both IC Markets and Go Markets have a powerful set of rules for ensuring honest trading on their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs Go Markets Commission And Fees
IC Markets and Go Markets are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an internet broker isn't necessarily affected by the number of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three different types of penalties for this purpose.
The first kind of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such instances, you're paying a spread, financing speed, or even a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those that are charged when you maintain a leveraged position for more than a day.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake on your account. They are charged for operations like depositing cash, not trading for long periods, or withdrawals.
In general, neither IC Markets or Go Markets charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who often trade, for example weekly or daily trading.
But, non-trading fees billed by IC Markets and Go Markets are relatively higher. As a result, you are charged more for non-trading actions on your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of assets.
This IC Markets vs Go Markets review for 2022 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Go Markets
What Languages Do IC Markets And Go Markets Support?
Being able to communicate completely with your trading broker is a key element when comparing trading platforms to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading online.
Below you will find the languages that both IC Markets and Go Markets offer communication in.
How Many Clients Do IC Markets and Go Markets Have?
Both IC Markets and Go Markets are well established with their client base. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers IC Markets and Go Markets are active on their platform
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| Broker | IC Markets | Go Markets |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and Go Markets Accept?
IC Markets and Go Markets both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at IC Markets and Go Markets
What Can You Trade With IC Markets and Go Markets?
IC Markets offers 232 trading instruments and Go Markets offers 100.
Below you will find a full breakdown of what both IC Markets and Go Markets offer.
Compare IC Markets To All Other Brokers
Compare Go Markets To All Other Brokers
