GO Markets vs TopFX - BrokerCue
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Broker Comparison

GO Markets vs TopFX

Compare GO Markets and TopFX 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
TopFX

TopFX

Active forex and CFD traders

TopFX is a Cyprus-based CFD broker founded in 2010 offering forex and 600+ CFD instruments across MT4, MT5 anโ€ฆ

Head-to-head comparison

GO Markets vs TopFX
Feature GO Markets TopFX
Minimum deposit - -
Stock trading fee - -
Regulators ASIC, CySEC, FSC, FSA CySEC, FSA, BVIFSC
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  • UK FCA authorisation was revoked in February 2023
TopFX

TopFX

Pros

  • CySEC regulation with ICF protection up to EUR 20,000
  • Three account types covering different pricing needs
  • Spreads from 0.0 pips on the Zero account
  • MetaTrader 4, MetaTrader 5 and cTrader all available
  • Free demo accounts with no expiry
  • Over 600 tradable CFD instruments
  • Low minimum deposit on Growth account
  • Copy trading available via cTrader Copy

Cons

  • All instruments are CFDs - no ownership of underlying assets
  • Pro account requires $50,000 minimum deposit
  • Inactivity fee of $5 per month after 90 days
  • FSA Seychelles and BVI entities carry lighter investor protections than CySEC
  • Limited educational resources for beginners
  • No TradingView integration
  • No proprietary social or copy-trading tools beyond cTrader Copy
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.

TopFX

TopFX

TopFX is a Cyprus-based CFD broker founded in 2010 offering forex and 600+ CFD instruments across MT4, MT5 and cTrader with ECN-style execution.

Your capital is at risk. Other fees apply.

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