Compare forex brokers GO Markets VS Forex Club

If you're choosing between GO Markets and Forex Club forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is GO Markets better than Forex Club? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

GO MARKETS VS FOREX CLUB

Forex Club
Forex Club Overview

Forex Club is an online Forex and CFD broker founded in Russia in 1997. It is a conglomerate of companies under Forex Club international Ltd, founded as a financial investment firm. One of the sister companies, which we have reviewed before include Libertex, the CySEC regulated arm.

GO Markets
GO Markets Overview

GO Markets is an ASIC regulated Australian brokerage firm founded in 2006. It offers over 250 forex/CFDs assets for trading on its MetaTrader platforms.

# Broker's Features GO MARKETS Availability FOREX CLUB Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare GO Markets vs Forex Club.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. GO Markets offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, while Forex Club offers Currencies, Commodities, Indices, Stocks, Cryptocurrency, Futures.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. GO Markets is ECN, Market Maker, No dealing desk, STP, while Forex Club is Market Maker.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. GO Markets is regulated by ASIC, while Forex Club regulated by Not regulated. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Languages Available: Next lets have a look at each broker's different Language options. GO Markets offers Chinese, English, French, German, Indonesian, Mala, while Forex Club offers Chinese, English, Indonesian, Russian, Spanish Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. GO Markets offers China UnionPay, Credit/Debit Cards, FasaPay, Neteller, Skrill, Bank Wire Transfer different payment methods for each account types, while Forex Club offers Credit/Debit Cards, QIWI, Webmoney, Bank Wire Transfer, Yandex.Money payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, GO Markets makes MT4, MT5 available to clients, while Forex Club offers MT5, Proprietary.

The Verdict: GO Markets or Forex Club?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, GO Markets is more reliable based on our criteria above. GO Markets has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. GO Markets has a wider range of languages in which customer service is offered making the broker more accessible. As GO Markets offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades. As a market maker, GO Markets may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

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