Updated October 13, 2026 · BrokerCue Editorial Team
GO Markets vs iFOREX
Facts checked September 26, 2026.
Where GO Markets and iFOREX differ
| Compare | ||
|---|---|---|
| Markets | Forex, CFDs, Crypto | Stocks, ETFs, Forex, CFDs, CryptoCovers more |
| Regulators | SIPC | CySEC, BVI FSC |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Platforms | MT4, MT5, CTrader, TradingView, GO TradeX | IFOREX App |
| Minimum deposit | Not confirmed | $100 |
| Stock trade fee | Not confirmed | $0 |
| Inactivity fee | Not confirmed | $15 |
| Retail accounts that lose money | Not confirmed | 80% |
| Deposit and withdrawal fees | Not confirmed | No broker deposit fee; $20 EEA wire withdrawal fee may apply |
| Maximum retail leverage | Not confirmed | 1:30 EU, 1:400 offshore |
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Key differences
- Regulators: only GO Markets offers SIPC.
- Regulators: only iFOREX offers CySEC, BVI FSC.
- iFOREX is licensed in 1 more country.
- Markets: only iFOREX offers Stocks, ETFs.
- Platforms: only GO Markets offers MT4, MT5, CTrader.
- Platforms: only iFOREX offers IFOREX App.
- Features: only GO Markets offers Copy trading.
- Features: only iFOREX offers Demo account.
Our verdict on each
GO Markets
For self-directed CFD traders wanting broad market choice, GO Markets offers access to forex, indices, shares, commodities, bonds and crypto CFDs through several trading platforms. It combines long running operation since 2006 with education, analysis tools and support for traders worldwide.
iFOREX
iFOREX suits European traders who want forex, CFDs, crypto, shares and ETFs in a single commission-free account, and who put regulation and predictable costs above a small opening deposit. The EU entity sits under CySEC, with investor protection of EU ICS up to EUR 20,000 for accounts taken there.
Score breakdown
| Area | GO Markets | iFOREX |
|---|---|---|
| Cost | Not confirmed | 8.8Opening deposit of $100 and inactivity charge of $15 sit above the site medians of €4.64 and €0. |
| Offer | 9.4Higher | 8.7 |
| Trust | 8.6 | 9.5Higher |
Choosing between them
Pick GO Markets if offer matter most.
Pick iFOREX if trust and markets matter most.
Availability and regulation
| Country | GO Markets | iFOREX |
|---|---|---|
| Cyprus | Not confirmed | CySEC 143/11 |
| United States | SIPC SIPC member 71021 | Not confirmed |
| Virgin Islands, British | Not confirmed |
Where they rank in our lists
| Ranking | GO Markets | iFOREX |
|---|---|---|
| Forex brokers | 117 of 147 | 61 of 147 |
| Low-spread forex brokers | 115 of 145 | 59 of 145 |
| CFD brokers | 98 of 122 | 51 of 122 |
Where these facts come from
GO Markets
- gomarkets.com: 3 facts, checked September 26, 2026
- sipc.org: 3 facts, checked September 26, 2026
iFOREX
- iforex.com: 4 facts, checked September 26, 2026
- play.google.com: 3 facts, checked September 26, 2026
- myfxbook.com: 2 facts, checked September 26, 2026
- tradingfinder.com: 2 facts, checked September 26, 2026
- custommapposter.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | GO Markets | iFOREX |
|---|---|---|
| Features | Crypto, Copy trading, Mobile app | Crypto, Demo account, Mobile app |
| Pricing model | Not confirmed | Commission free |
| Legal entity | RB INTERNATIONAL MARKETS (USA) LLC | iCFD Limited |
| Founded | Not confirmed | 1996 |
| Support channels | Not confirmed | Help centre |
Where each stands against the rest
| Fact | GO Markets | iFOREX | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | $100above the median | $25 |
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Inactivity fee | Not confirmed | $15above the median | $0 |
| Retail accounts that lose money | Not confirmed | 80%highest quarter | 72.05% |
Median across 134 listed brokers.
Pros and cons
GO Markets
Pros
- Broad CFD range across forex, indices, shares, commodities and crypto
- Multiple platforms with charting, analysis and strategy automation
- Education academy plus market analysis and technical insights
Cons
- CFD focus means traders do not own the underlying assets directly
- Advanced analysis and automation tools may overwhelm absolute beginners
- Professional offering is aimed at experienced investors rather than casual users
iFOREX
Pros
- Stock trade fee of $0, ranking 1 of 161 brands on that cost.
- Regulated by CySEC and BVI FSC, with iCFD Limited as the named EU entity.
- EU investor protection of EU ICS up to EUR 20,000 for accounts taken in the EU.
Cons
- Minimum deposit of $100 ranks 148 of 213, so the entry point is high.
- Support runs on help centre only.
- Inactivity fee of $15 ranks 42 of 56.
Who each suits
GO Markets
Who it suits
- Self-directed traders interested in CFDs across global markets
- Traders wanting platform choice with analysis and automation
- Learners wanting structured education and market insights
Who should look elsewhere
- Investors wanting direct ownership of shares or crypto
- People seeking long term investing rather than CFD trading
iFOREX
Who it suits
- Traders who want stocks, etfs and forex in a single account and can fund $100, while Vantage opens at $5.
- EU clients who prefer CySEC oversight and EU ICS up to EUR 20,000 to the route run by the BVI FSC.
- Savers happy to work from iFOREX App and practise on a demo account first.
Who should look elsewhere
- Small starters: CFI opens at $0 and Vantage at $5, both below iFOREX's $100.
- Broader market seekers: eToro lists stocks, etfs and forex, adding futures to iFOREX's stocks, etfs and forex.
- Traders who want phone or chat support, since support runs on help centre only.
Questions about each
GO Markets
Which products can I trade with GO Markets?+
GO Markets provides CFDs on forex, indices, shares, commodities, bonds, index tracking ETFs and crypto. You trade price movements without owning the underlying asset. The range supports diversification across global markets.
How does platform access work at GO Markets?+
GO Markets offers a choice of platforms designed for different trading styles. The selection includes multi asset trading, charting, algorithmic capabilities and strategy automation. A mobile platform supports trading away from a desktop.
iFOREX
What does it cost to trade a stock?+
The stock trade fee is $0. iFOREX runs a commission free pricing model, so there is no per-trade commission layered on top, and the account covers stocks, etfs and forex. The cost side of the ledger is the deposit and any inactivity charge, not the trade itself.
How much do I need to deposit to open an account?+
The minimum deposit is $100. That puts iFOREX towards the dearer end of the field: it ranks 148 of 213 brands on minimum deposit. CFI opens at $0 and Vantage at $5, so a lighter entry is available elsewhere.
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