Exness and Go Markets are online Forex and CFD brokers that offer trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. Exness is regulated by two tier-1 jurisdictions, one tier-2 jurisdictions, and four tier-4 jurisdictions, including FSA-S , CBCS , FSC Mauritius, FSCA , CySEC , FCA ,BVI FSC. On the other hand, Exness is regulated in two tier-1 jurisdictions, one tier-2 jurisdictions and two tier-2 jurisdictions including ASIC, CySEC, DMCC,FSC Mauritius, SVGFSA. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare and contrast Exness with Go Markets regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if Exness is better than Go Markets and vice versa. This comparison lets you understand which broker is better for your trading style and preferences.
Exness vs Go Markets: In a Nutshell
Exness
Established in 2008, Exness is a regulated forex and CFD broker. It is regulated by multiple jurisdictions. The broker gives access to trade more than 230 tradable instruments on its MT4 and MT5 Trading platforms. The broker allows copy trading, news trading, and EA Trading. You can start trading with as low as 0.01 lot in Exness. The broker also offers a very tight spread starting from 0.3 pips. The broker is regulated by FCA, CySEC, CMA, CBCS, FSCA, (FSC) in BVI, (FSC) in BVI Mauritius, and FSA in Seychelles. However, Exness does not have ASIC regulation. To learn more, you can read our review on Exness.
Exness Overview
- Founded In: 2008
- Founder: Petr Valov, Igor Lychagov
- Headquarters: Limassol, Cyprus
- Trading Instruments: 200+ Trading Instruments including Forex, CFDs, Cryptocurrencies, Stocks CFDs, Commodity CFDs
- Minimum Deposit: as low as $1 for standard accounts, $200 for Pro, Raw Spread, and Zero accounts.
- Maximum Leverage: 1:Unlimited (condition apply) or 1:2000 for FCS, CFCS, 1:30 for ASIC, CySEC jurisdiction, 1:400 for CMA Jurisdiction
- Regulations: FCA, CySEC, CMA, CBCS, FSCA, (FSC) in BVI, (FSC) in BVI Mauritius, FSA in Seychelles
- Trading platform: MT4, MT5, MetaTrader WebTerminal, MetaTrader Mobile, Exness Trade App, Exness Terminal
- Account Types: Standard, Pro, Raw Spread, Zero
- Payment Options: VISA, MasterCard, AstroPay, Bitcoin, Boleto, CASHU, FasaPay, Local Bank Deposits, Local Bank Transfers, Neosurf, Neteller, Oxxo, PerfectMoney, Skrill, Tether (USDT), WebMoney
- Funding Currencies : AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR,
- US Traders: Not Accepted
Go Markets
Established in 2006 in Melbourne, Australia, Go Markets is a forex and CFD broker that offers online trading services globally. It gives traders access to trade more than 1,000 forex and CFDs on its MT4, MT5, and cTrader platforms. The broker’s GO Plus+ account comes with raw spreads and low commissions which is great for pro traders. Autochartist, Trading Central, free VPS, MetaTrader Genesis, market news, and analysis are provided. To learn more, you can read our review about Go Markets.
Go Markets Overview
- Founded In: 2006
- Founder: Chris Gore
- Headquarters: Melbourne, Australia
- Minimum Deposit: $200
- Maximum Leverage: 500:1
- Regulations: FSC, Asic, CySEC, DMCC
- Trading platform: MT4, MT5, Ctrader , Webtrader ,Mobile Trading Platforms
- Account Types: Standard, Go Plus Account
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, FasaPay, Neteller, PayTrust88, Poli, Skrill, XPAY
- US Traders: Not Accept
Exness vs : Go Markets Features
Exness:
- Trading Instruments: 200+ trading instruments including Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs,
- Maximum leverage: up to Unlimited :1
- Minimum Deposit: $1
- Account Types: Exness offers 5 different types of accounts including Standard, Standard Cent account, Pro, Raw Spread, Zero accounts
- Fees: starting from 0.2 pips for a standard account, 0.3 pips for a standard cent account, 0.1pip for a pro account, up to 3.50 per Lot per one side for a raw spread account, 0.05/lot per side for a zero account,
- PAMM/ MAM: Not Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Go Markets
- Trading Instruments: 1000+ trading instruments including Forex, Commodities, Metals, Indices, Shares, Cryptocurrencies, Treasuries, ETFs
- Maximum Leverage: The maximum leverage of Go Markets is as high as 500:1. However, leverage may vary based on jurisdiction and tradable assets. For example, the maximum leverage of Asic and Cysec jurisdiction is 30:1
- Account Type: Two ( Go Plus Account, Standard Account
- Minimum Deposit: The minimum deposit is $200
- Trading Fees: Spreads start from 0.8 pips on standard account or $2.50 commission per lot per side.
- PAMM/ MAM: PAMM is available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Exness vs Go Markets: Pros and Cons
Exness
- Top tire regulations ( FCA, CySEC, FSC, FSA-S SBCS, FSCA, BVI FSC, and so on.
- The maximum leverage is as high as 1:unlimited or 1:2000
- The minimum deposit is as low as $1 or depends on payment methods
- Free VPS hosting; to qualify, you need to trade for a minimum of 14 days and lifetime deposits of $500;
- Competitive spreads starting from 0.2 pips on standard accounts
- Swap-Free/Islamic Account Provided
- Scalping, EA Trading, and Copy Trading are allowed
- Instant Withdrawal of Money 24/7
- No Passive investment programme ( PAMM, MAM Accounts)
- No Ctrader, Tradingview, zulutrade offered
- US Traders are not accepted
- Only MT4 and MT5 Trading Platforms
- Limited educational resources
Go Markets
- Regulated by ASIC, CySEC, FSC Mauritius, SVGFSA, FSA-S, DMCC
- The maximum leverage is as high as 1:500
- Allows Scalping, News trading, and EA/Robot trading.
- Easy and Fast Account Opening
- Offers web trading, mobile trading, ECN trading
- No inactivity Fees
- Low trading fees on all account types.
- Tight Spreads starting from 0.0 pips
- Not regulated by FCA UK
- The Minimum deposit is $200
- No investor protection for non-EU clients
- No Paypal, Crypto Deposit
- Only two types of account ( Standard, Go Plus account)
Exness vs Go Markets: Side-by-Side Comparison
Exness Vs Go Markets: Our Scores and Ratings
We rated both brokers, Exness and Go Markets, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
Exness :
Go Markets
Final Verdict :
Exness and Go Markets are regulated forex and CFD brokers in the industry. They offer similar trading services including forex and CFD trading. They both allow scalping, hedging, EA trading and Copy trading. Neither of these brokers accept US Clients. The minimum order size for both of them is 0.01.
However, there are a few areas where you may find some differences. For example, the minimum deposit for Exness is $1, whereas the minimum deposit for Go Markets is $200. Additionally, the maximum leverage for Exness is unlimited:1. On the other hand, the maximum leverage for Go Markets is 500:1. Our score for Exness is 9.1, and for Go Markets, it is 9.0 So, if you are looking for the most trusted forex brokers with tight spreads, you may choose Exness. However, If you prefer another broker with similar services, you may choose Go Markets.