GO Markets vs XM
An in-depth comparison to help you choose the right broker for your trading journey.
QUICK VERDICT
Who Wins?
VS
HEAD-TO-HEAD 
Side-by-Side Comparison
Feature
Overall Rating
4.1/5
4/5
Minimum Deposit
$200
$5
Spreads From
0.0 pips
0.6 pips
Max Leverage
Up to 500:1
Up to 1000:1
Instruments
1,000+
1,000+
Fees Score
4.3/5
4.2/5
Platforms Score
4.2/5
4.3/5
Education Score
3.5/5
4.5/5
Safety Score
4.2/5
4.5/5
Platforms
MetaTrader 4, MetaTrader 5, cTrader, GO WebTrader
MetaTrader 4, MetaTrader 5, XM WebTrader, XM Mobile App
Founded
2006
2009
Headquarters
Melbourne, Australia
Limassol, Cyprus
ANALYSIS
Open GO Markets Account
Open XM Account
Pros & Cons
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
Pros
- Ultra-low $5 minimum deposit
- Excellent educational resources
- Multi-regulated (FCA, CySEC, ASIC)
- No deposit or withdrawal fees
- Excellent customer support (24/5)
Cons
- Higher spreads than ECN brokers
- Limited research tools
- Inactivity fee after 90 days
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