GO Markets vs Saxo
By Akash · Facts re-checked (UTC)
Here is how GO Markets and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| GO Markets | Saxo | |
|---|---|---|
| Regulators | ASIC | Danish FSA, FCA |
| Minimum deposit | No minimum deposit | No minimum deposit (individual account) |
| Spreads from | 0.0 pips (GO Plus+); 0.8 pips (Standard) | 1 pip EUR/USD minimum (global page; varies by country) |
| Commission | AU$3.00 per side per standard lot on GO Plus+; $0 on Standard | USD 3 fixed commission on FX trades under 50,000 units |
| Max leverage | 30:1 for retail clients (GO Markets Pty Ltd, ASIC) | – |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, GO WebTrader | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | – | 66% |
Full reviews: GO Markets review · Saxo review
Frequently asked questions
What is the minimum deposit at GO Markets and Saxo?
GO Markets: No minimum deposit. Saxo: No minimum deposit (individual account).
Are GO Markets and Saxo regulated?
GO Markets: ASIC. Saxo: Danish FSA, FCA.
Which has tighter spreads, GO Markets or Saxo?
Published spreads start from 0.0 pips (GO Plus+); 0.8 pips (Standard) at GO Markets and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: GO Markets AU$3.00 per side per standard lot on GO Plus+; $0 on Standard, Saxo USD 3 fixed commission on FX trades under 50,000 units.
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