eToro vs GO Markets
An in-depth comparison to help you choose the right broker for your trading journey.
Who Wins Each Category?
Our scores for eToro and GO Markets, side by side, across the categories that decide your costs and safety.
Who Wins?
GO Markets wins on overall score (4.1/5 vs 4/5). eToro is the pick if you value social traders; choose GO Markets if you value australian traders. The tables below show where each actually wins.
Who this is for: eToro suits traders who prioritise social traders; GO Markets suits traders who prioritise australian traders.
Side-by-Side Comparison
What Actually Differs
The numbers that matter when choosing between eToro and GO Markets.
Pros & Cons
Pros
- Industry-leading copy trading (CopyTrader)
- Low minimum deposit of $50
- Commission-free stock trading
- User-friendly mobile app
- Large social community of 30M+ users
Cons
- $5 withdrawal fee
- Spreads higher than traditional brokers
- Limited advanced charting tools
- Proprietary platform only (no MT4/MT5)
Pros
- Raw spreads from 0.0 pips
- Multiple platforms
- ASIC regulated
- Good customer service
- Copy trading available
Cons
- $200 minimum deposit
- Limited educational content
- Smaller instrument range
Which Broker Should You Choose?
eToro vs GO Markets: FAQ
Which is better, eToro or GO Markets?
Overall, eToro scores 4/5 and GO Markets scores 4.1/5. The right pick depends on what you value: eToro for social traders, GO Markets for australian traders.
Which is cheaper, eToro or GO Markets?
On our fees score, eToro is 3.5/5 and GO Markets is 4.3/5. eToro advertises spreads from 1.0 pips, GO Markets from 0.0 pips. Check the fee rows above for the full picture, because headline spreads are not the bill.
Which is safer, eToro or GO Markets?
eToro holds 3 licence(s), including FCA, ASIC, CySEC. GO Markets holds 2 licence(s), including ASIC, CySEC. More Tier 1 regulators means more client protection schemes. Verify any licence at the regulator register before depositing.
Which has more markets, eToro or GO Markets?
eToro offers 3,000+, GO Markets offers 1,000+. Choose the range that covers what you actually trade.
Calculate Your Trading Costs
Use our free tools to compare broker costs and calculate position sizes before you trade.
Other Broker Matchups
Trading Terms Explained
New to some of the jargon in this comparison? These explainers cover the concepts that decide your costs and risk.