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GO Markets vs Interactive Brokers

By · Facts re-checked (UTC)

Here is how GO Markets and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

GO MarketsInteractive Brokers
RegulatorsASICFCA, CBI, ASIC
Minimum depositNo minimum depositNo account minimum
Spreads from0.0 pips (GO Plus+); 0.8 pips (Standard)–
CommissionAU$3.00 per side per standard lot on GO Plus+; $0 on Standard0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I
Max leverage30:1 for retail clients (GO Markets Pty Ltd, ASIC)–
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingView, GO WebTraderTrader Workstation (TWS), IBKR Mobile, Client Portal
Retail accounts losing money–59.7%

Full reviews: GO Markets review · Interactive Brokers review

Frequently asked questions

What is the minimum deposit at GO Markets and Interactive Brokers?

GO Markets: No minimum deposit. Interactive Brokers: No account minimum.

Are GO Markets and Interactive Brokers regulated?

GO Markets: ASIC. Interactive Brokers: FCA, CBI, ASIC.

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