GO Markets vs IronFX - BrokerCue
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Broker Comparison

GO Markets vs IronFX

Compare GO Markets and IronFX side by side: fees, regulation, platforms.

GO Markets

GO Markets

Active forex and CFD traders

GO Markets is an Australian CFD and forex broker founded in 2006, offering 1,800+ instruments across MT4, MT5โ€ฆ

VS
IronFX

IronFX

Active forex and CFD traders

IronFX is a Cyprus-founded forex and CFD broker offering 200+ instruments across multiple account types on Meโ€ฆ

Head-to-head comparison

GO Markets vs IronFX
Feature GO Markets IronFX
Minimum deposit - -
Stock trading fee - -
Regulators ASIC, CySEC, FSC, FSA FCA, CySEC, FSCA, FSC
Best for Active forex and CFD traders Active forex and CFD traders
Markets & account
Stocks
-
ETFs
-
Forex
CFDs
Crypto
Bonds
-
Futures
Margin
Multi Currency
Demo Account

Pros & cons

GO Markets

GO Markets

Pros

  • Regulated by ASIC and CySEC, two Tier-1 regulators
  • No deposit, withdrawal, or inactivity fees
  • Choice of MetaTrader 4, MetaTrader 5, cTrader, and TradingView
  • GO Plus+ account offers raw spreads from 0.0 pips
  • 1,800+ tradable instruments including 1,000+ share CFDs added in 2024
  • Free VPS hosting for qualifying active traders
  • Demo account with USD 50,000 virtual funds available
  • Copy trading via MetaTrader and cTrader supported

Cons

  • No real stock ownership - all equities are CFDs
  • Standard account spreads can be wider than raw-spread competitors
  • cTrader and TradingView restricted to Australian clients only
  • TradingView requires a live account to access demo
  • No Islamic (swap-free) account option
  • Limited product range for non-leveraged long-term investing
  • UK FCA authorisation was revoked in February 2023
IronFX

IronFX

Pros

  • Regulated by FCA, CySEC, and FSCA
  • UK clients covered by FSCS up to GBP 85,000
  • 200+ instruments across forex, commodities, indices, shares, and crypto CFDs
  • Multiple account types including zero-spread ECN options
  • Free demo account available
  • Free VPS hosting for qualifying deposits
  • IronFX Academy educational resources
  • Copy trading via TradeCopier

Cons

  • Only MetaTrader 4 offered - no MT5 or cTrader
  • $50 annual inactivity fee after 12 months
  • 3% withdrawal fee if no trades have been placed
  • Offshore BVI entity offers materially lighter retail protections
  • History of client complaints and CySEC settlements in 2015 (EUR 335,000) and 2024 (EUR 100,000)
  • Not available to US residents
  • Minimum deposit of $250 on most account types
GO Markets

GO Markets

GO Markets is an Australian CFD and forex broker founded in 2006, offering 1,800+ instruments across MT4, MT5, cTrader, TradingView, and the proprietary GO TradeX platform.

Your capital is at risk. Other fees apply.

IronFX

IronFX

IronFX is a Cyprus-founded forex and CFD broker offering 200+ instruments across multiple account types on MetaTrader 4, regulated by FCA, CySEC, and FSCA.

Your capital is at risk. Other fees apply.

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