GO Markets vs TMGM 2026
By Akash · Facts last confirmed (UTC) · 38 of 43 facts confirmed on the brokers’ own pages
GO Markets has the higher TFB Score (88/100 vs 65/100). GO Markets is regulated by ASIC, CySEC, FSC Mauritius; TMGM by ASIC, VFSC, FSA. TFB Score: GO Markets 88/100, TMGM 65/100.
GO Markets Pty Ltd is an Australian CFD issuer regulated by ASIC under AFSL 254963, with sister entities regulated by CySEC (GO Markets Ltd) and the FSC Mauritius, offering MT4, MT5, cTrader and TradingView.
78% of retail CFD accounts lose money with this provider.
TMGM is an Australian-founded CFD broker (since 2013) offering MetaTrader 4 and MetaTrader 5 with EDGE (spreads from 0.0 pips plus commission) and CLASSIC (spreads from 1.0 pips, no commission) accounts, operating through entities regulated by ASIC, the VFSC, the FSA Seychelles, the FSC Mauritius and the CMA Kenya.
Side by side
| Item | GO Markets | TMGM |
|---|---|---|
| TFB Score | 88/100â–² | 65/100 |
| Regulation & safety | 32/35â–²2 tier-1 regulators (ASIC, CySEC), investor compensation | 23/351 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 17/25â–²Spreads from 0 pips; commission not comparable in USD per lot | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 20/20â–²Minimum deposit No minimum deposit (Micro account: $10 USD), 8 deposit methods, 6 withdrawal methods | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 19/20â–²MT4, MT5, cTrader, TradingView; leverage up to 30:1 for retail clients (GO Markets Pty Ltd, ASIC; Micro account up to 500:1) | 15/20MT4, MT5; leverage up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | ASIC, CySEC, FSC Mauritius | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | No minimum deposit (Micro account: $10 USD) | $100 (EDGE and CLASSIC) |
| Spreads from | 0.0 pips (GO Plus+); 0.8 pips (Standard) | Not published |
| Commission | AU$3.00 per side per standard lot on GO Plus+; $0 on Standard | Not published |
| Max leverage | 30:1 for retail clients (GO Markets Pty Ltd, ASIC; Micro account up to 500:1) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Mastercard, Visa, Skrill, Neteller, Bank transfer, BPay | Not published |
| Retail accounts losing money | 78% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: GO Markets review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is GO Markets or TMGM better?
GO Markets has the higher TFB Score (88/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are GO Markets and TMGM regulated?
GO Markets: ASIC, CySEC, FSC Mauritius. TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, GO Markets or TMGM?
GO Markets holds 2 tier-1 licences (ASIC and CySEC); TMGM holds 1 (ASIC). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at GO Markets and TMGM?
GO Markets: No minimum deposit (Micro account: $10 USD). TMGM: $100 (EDGE and CLASSIC).
Do GO Markets and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. GO Markets: MetaTrader 4, MetaTrader 5, cTrader, TradingView, GO WebTrader. TMGM: MT4, MT5.
What is the maximum leverage at GO Markets and TMGM?
GO Markets: 30:1 for retail clients (GO Markets Pty Ltd, ASIC; Micro account up to 500:1). TMGM: up to 1:1000 (international entities; 1:30 for the Australian entity). Leverage depends on the company that opens your account and on your country.
More GO Markets comparisons
More TMGM comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. At GO Markets, 78% of retail investor accounts lose money when trading CFDs with that provider. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning