Compare forex brokers GO Markets VS Immfx
If you're choosing between GO Markets and Immfx 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 Immfx? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.GO MARKETS VS IMMFX
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.
IMMFX Overview
Part of the IMM Group Ltd, IMMFX is a forex and CFDs broker that is based on the islands of Saint Vincent and the Grenadine. The broker is regulated by several financial regulatory agencies that cater mostly to offshore brokers such as IMMFX.
| # | Broker's Features | GO MARKETS Availability | IMMFX 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 Immfx.
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 Immfx offers Currencies, Commodities, Indices, Cryptocurrency.
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 Immfx is Bank, DMA, ECN, No dealing desk, STP.
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 Immfx regulated by VFSC. 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 Immfx offers Arabic, Bulgarian, Chinese, Croatian, Czech, Dutch 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 Immfx offers Credit/Debit Cards, Cryptocurrencies, Local Transfer, Western Union 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 Immfx offers MT4.
The Verdict: GO Markets or Immfx?
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Immfx is more reliable based on our criteria above. Immfx has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets.
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.