GO Markets
Eightcap
GO Markets vs Eightcap
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
GO Markets and Eightcap are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. GO Markets, founded in 2006 and headquartered in Melbourne, Australia, is regulated by ASIC, CySEC, FSA and offers spreads starting from 0.0 pips with a minimum deposit of $200. Eightcap, established in 2009 in Melbourne, Australia, holds licenses from ASIC, CySEC, SCB with spreads from 0.0 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, Eightcap scored 8/10 overall compared to GO Markets's 7.8/10, making it the stronger pick for most traders. That said, GO Markets holds its own with stronger regulation and superior education resources, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Eightcap scores 8/10 overall vs 7.8/10 for GO Markets — a 0.2-point difference.
- 💵
Eightcap requires just $100 to start, while GO Markets needs $200 — Eightcap is 2x more accessible.
- 📈
Eightcap offers 800+ instruments vs 350+ at GO Markets — a massive gap in market coverage.
- 🖥️
GO Markets runs on MT4, MT5, cTrader, while Eightcap uses MT4, MT5, TradingView — different ecosystems for different trading styles.
Our Verdict
GO Markets
Score: 7.8/10 · Wins 4 categories- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
- You rely on in-depth research and analysis tools
Eightcap
Score: 8.0/10 · Wins 4 categories- You want lower spreads and trading fees
- You need advanced trading platforms and tools
- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
Eightcap takes the lead with an overall score of 8/10 compared to 7.8/10, winning in 4 out of 8 scoring categories. Eightcap stands out for lower trading costs and better trading platforms, while GO Markets fights back with stronger regulation and superior education resources.
Detailed Verdict
After testing both brokers with real accounts, Eightcap comes out ahead with a 8/10 overall rating, winning 4 out of 8 categories. Its strongest area is Trading Costs where it scores 8.5/10. Eightcap holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. GO Markets is not without merit — it scores 7.8/10 overall and excels in Regulation & Trust (8.5/10), winning 4 categories. Traders who value stronger regulation or superior education resources may find GO Markets the better fit. For a complete breakdown, read our full Eightcap review and GO Markets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Eightcap wins by 0.5 points
Eightcap wins by 0.5 points
GO Markets wins by 0.5 points
GO Markets wins by 0.5 points
GO Markets wins by 0.5 points
GO Markets wins by 0.5 points
Eightcap wins by 0.5 points
Eightcap wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.8/10 | 8.0/10 ✓ |
| Min Deposit Lower is better | $200 | $100 ✓ |
| Max Leverage | 1:500 | 1:500 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5, cTrader | MT4, MT5, TradingView |
| Regulation | ASIC, CySEC, FSA | ASIC, CySEC, SCB |
| Founded Older track record highlighted | 2006 ✓ | 2009 |
| Markets | 350+ | 800+ ✓ |
Fees & Costs
When it comes to trading costs, Eightcap has the edge with a score of 8.5/10 versus 8/10 for GO Markets. GO Markets offers spreads starting from 0.0 pips, while Eightcap starts from 0.0 pips. The minimum deposit at GO Markets is $200, compared to $100 at Eightcap. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
Eightcap scores 8.5/10 for platforms compared to 8/10 for GO Markets. GO Markets provides MT4, MT5, cTrader, while Eightcap offers MT4, MT5, TradingView. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. GO Markets is regulated by ASIC, CySEC, FSA (Tier 1), while Eightcap holds licenses from ASIC, CySEC, SCB (Tier 1). GO Markets scores 8.5/10 and Eightcap scores 8/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, GO Markets leads with 7/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. GO Markets and Eightcap both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
GO Markets offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while Eightcap provides 24/5 Live Chat, Email with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
GO Markets scores 7.5/10 for deposits and withdrawals, while Eightcap scores 8/10. GO Markets accepts Bank Transfer, Credit Card, Skrill, Neteller, Fasapay, and Eightcap supports Bank Transfer, Credit Card, Skrill, Neteller, PayPal. Processing times, fees, and available currencies vary. GO Markets requires a minimum deposit of $200 versus $100 for Eightcap. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose GO Markets if you...
- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
- You rely on in-depth research and analysis tools
Choose Eightcap if you...
- You want lower spreads and trading fees
- You need advanced trading platforms and tools
- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is GO Markets better than Eightcap?
Eightcap scores higher overall (8/10 vs 7.8/10), winning 4 of 8 categories. However, GO Markets is stronger in stronger regulation and superior education resources. The best choice depends on what matters most to your trading style.
Which has lower fees, GO Markets or Eightcap?
Eightcap scores higher for trading costs. GO Markets offers spreads from 0.0 pips with a $200 minimum deposit, while Eightcap starts from 0.0 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is GO Markets safe to trade with?
GO Markets is regulated by ASIC, CySEC, FSA and scores 8.5/10 for regulation. Eightcap is regulated by ASIC, CySEC, SCB with a score of 8/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, GO Markets or Eightcap?
Eightcap scores 8.5/10 for platforms. GO Markets offers MT4, MT5, cTrader, while Eightcap provides MT4, MT5, TradingView. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for GO Markets vs Eightcap?
GO Markets requires a minimum deposit of $200, while Eightcap requires $100. Eightcap has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.