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.
Spreadex is a Spread Betting and CFD broker regulated by the UK Financial Conduct Authority (FCA). They offer a wide range of tradable asset classes across Indices, Shares, Forex, Commodities, Bonds, Interest Rates, ETFs, Options and Cryptocurrencies on their own unique proprietary trading platform for Web, Android and iOS.
|#||Broker's Features||SPREADEX Availability||GO MARKETS 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 Spreadex vs Go Markets.
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. Spreadex offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Bonds, Cryptocurrency, Options, while Go Markets offers Currencies, Commodities, Indices, Stocks, Cryptocurrency.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Spreadex is Dealing Desk, Market Maker, while Go Markets is ECN, Market Maker, 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. Spreadex is regulated by FCA, while Go Markets regulated by ASIC. 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.
Account currencies: Next lets consider the Account currencies each broker offers. Spreadex offers USD, EUR, GBP different account currencies for each account types, while Go Markets offers account currencies.
Languages Available: Next lets have a look at each broker's different Language options. Spreadex offers , while Go Markets offers Chinese, English, French, German, Indonesian, Mala Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. Spreadex offers Credit/Debit Cards, Bank Transfer, Skrill, Payoneer different payment methods for each account types, while Go Markets offers China UnionPay, Credit/Debit Cards, FasaPay, Neteller, Skrill, Bank Wire Transfer payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Spreadex makes WebTrader available to clients, while Go Markets offers MT4, MT5.
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. 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.
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.