City Index vs GO Markets
By Akash · Facts re-checked (UTC)
Here is how City Index and GO Markets compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| City Index | GO Markets | |
|---|---|---|
| Regulators | FCA | ASIC |
| Minimum deposit | £100 minimum initial deposit for MT4 / new cards (UK) | No minimum deposit |
| Spreads from | 0.5 pts on MT4; 0.8 pts on standard platform (UK) | 0.0 pips (GO Plus+); 0.8 pips (Standard) |
| Commission | None on MT4 except shares | AU$3.00 per side per standard lot on GO Plus+; $0 on Standard |
| Max leverage | – | 30:1 for retail clients (GO Markets Pty Ltd, ASIC) |
| Platforms | City Index Web Trader (TradingView charts), MetaTrader 4, TradingView | MetaTrader 4, MetaTrader 5, cTrader, TradingView, GO WebTrader |
| Retail accounts losing money | 68% | – |
Full reviews: City Index review · GO Markets review
Frequently asked questions
What is the minimum deposit at City Index and GO Markets?
City Index: £100 minimum initial deposit for MT4 / new cards (UK). GO Markets: No minimum deposit.
Are City Index and GO Markets regulated?
City Index: FCA. GO Markets: ASIC.
Which has tighter spreads, City Index or GO Markets?
Published spreads start from 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index and 0.0 pips (GO Plus+); 0.8 pips (Standard) at GO Markets; commission: City Index None on MT4 except shares, GO Markets AU$3.00 per side per standard lot on GO Plus+; $0 on Standard.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more