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.
Libertex is an online forex and CFD brokerage brand that operates from Limassol in Cyprus. “Libertex” is the trading arm of Indication Investments Ltd, which is part of the “Forex Club Group”. The Forex Club Group was founded in Russia in 1997 and has expanded their operations to virtually all over the world.
|#||Broker's Features||GO MARKETS Availability||LIBERTEX Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||✔||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||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 Libertex.
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 Libertex offers Currencies, Commodities, Indices, Stocks, 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 Libertex 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 Libertex regulated by CySEC. 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 Libertex offers Danish, Dutch, English, French, German, Italian, P 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 Libertex offers Credit/Debit Cards, Moneta.ru, Neteller, QIWI, Skrill, Webmoney 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 Libertex offers N/A.
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. Only GO Markets Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. GO Markets offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. 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.