IG

IG

🟢 Tier 1 Regulated
9.2
/ 10
vs
GO Markets

GO Markets

🟢 Tier 1 Regulated
7.8
/ 10

IG vs GO Markets

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

IG and GO Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. IG, founded in 1974 and headquartered in London, UK, is regulated by FCA, ASIC, MAS, BaFin and offers spreads starting from 0.6 pips with a minimum deposit of $250. GO Markets, established in 2006 in Melbourne, Australia, holds licenses from ASIC, CySEC, FSA with spreads from 0.0 pips and a $200 minimum deposit. In our hands-on testing across 8 scoring categories, IG scored 9.2/10 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 overall value, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    IG scores 9.2/10 overall vs 7.8/10 for GO Markets — a 1.4-point difference.

  • 💵

    GO Markets requires just $200 to start, while IG needs $250 — GO Markets is 1x more accessible.

  • 📈

    IG offers 17,000+ instruments vs 350+ at GO Markets — a massive gap in market coverage.

  • 🖥️

    IG runs on IG Platform, MT4, ProRealTime, L2 Dealer, while GO Markets uses MT4, MT5, cTrader — different ecosystems for different trading styles.

  • The biggest gap is in Product Range: IG scores 9.5 vs 7.0 for GO Markets — a 2.5-point difference.

Our Verdict

🏆 WINNER
IG

IG

Score: 9.2/10 · Wins 8 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
GO Markets

GO Markets

Score: 7.8/10 · Wins 0 categories
  • You prefer a low minimum deposit ($200)
  • You prefer GO Markets's trading environment overall

IG takes the lead with an overall score of 9.2/10 compared to 7.8/10, winning in 8 out of 8 scoring categories. IG stands out for lower trading costs and better trading platforms, while GO Markets remains a solid alternative.

Detailed Verdict

After testing both brokers with real accounts, IG comes out ahead with a 9.2/10 overall rating, winning 8 out of 8 categories. Its strongest area is Regulation & Trust where it scores 10.0/10. IG 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). For a complete breakdown, read our full IG review and GO Markets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

IG
GO Markets
Trading Costs
8.5 8.0

IG wins by 0.5 points

Platforms & Tools
9.5 8.0

IG wins by 1.5 points

Regulation & Trust
10.0 8.5

IG wins by 1.5 points

Education
9.0 7.0

IG wins by 2.0 points

Customer Service
8.5 7.5

IG wins by 1.0 points

Research & Analysis
9.5 7.5

IG wins by 2.0 points

Deposit & Withdrawal
8.0 7.5

IG wins by 0.5 points

Product Range
9.5 7.0

IG wins by 2.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
9.2/10
7.8/10
Min Deposit
Lower is better
$250
$200
Max Leverage
1:200
1:500
Spreads From
0.6 pips
0.0 pips
Platforms
IG Platform, MT4, ProRealTime, L2 Dealer
MT4, MT5, cTrader
Regulation
FCA, ASIC, MAS, BaFin
ASIC, CySEC, FSA
Founded
Older track record highlighted
1974
2006
Markets
17,000+
350+
IG: 1 GO Markets: 0
💰

Fees & Costs

🏅 Section Winner: IG (8.5 vs 8.0)

When it comes to trading costs, IG has the edge with a score of 8.5/10 versus 8/10 for GO Markets. IG offers spreads starting from 0.6 pips, while GO Markets starts from 0.0 pips. The minimum deposit at IG is $250, compared to $200 at GO Markets. 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.

IG
8.5
GO Markets
8.0
IG: 2 GO Markets: 0
🖥️

Trading Platforms

🏅 Section Winner: IG (9.5 vs 8.0)

IG scores 9.5/10 for platforms compared to 8/10 for GO Markets. IG provides IG Platform, MT4, ProRealTime, L2 Dealer, while GO Markets offers MT4, MT5, cTrader. 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.

IG
9.5
GO Markets
8.0
IG: 3 GO Markets: 0
🛡️

Regulation & Safety

🏅 Section Winner: IG (10.0 vs 8.5)

Regulation is crucial for fund safety. IG is regulated by FCA, ASIC, MAS, BaFin (Tier 1), while GO Markets holds licenses from ASIC, CySEC, FSA (Tier 1). IG scores 10/10 and GO Markets scores 8.5/10 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.

IG
10.0
GO Markets
8.5
IG: 4 GO Markets: 0
📚

Education & Research

🏅 Section Winner: IG (9.0 vs 7.0)

For learning resources, IG leads with 9/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. IG and GO Markets 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.

IG
9.0
GO Markets
7.0
IG: 5 GO Markets: 0
🎧

Customer Support

🏅 Section Winner: IG (8.5 vs 7.5)

IG offers 24/5 Live Chat, Email, Phone and scores 8.5/10, while GO Markets provides 24/5 Live Chat, Email, Phone with a score of 7.5/10. 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.

IG
8.5
GO Markets
7.5
IG: 6 GO Markets: 0
💳

Deposit & Withdrawal

🏅 Section Winner: IG (8.0 vs 7.5)

IG scores 8/10 for deposits and withdrawals, while GO Markets scores 7.5/10. IG accepts Bank Transfer, Credit Card, PayPal, and GO Markets supports Bank Transfer, Credit Card, Skrill, Neteller, Fasapay. Processing times, fees, and available currencies vary. IG requires a minimum deposit of $250 versus $200 for GO Markets. Always check withdrawal conditions and any potential fees before funding your account.

IG
8.0
GO Markets
7.5

Which Broker Is Right for You?

IG

Choose IG if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
Visit IG
GO Markets

Choose GO Markets if you...

  • You prefer a low minimum deposit ($200)
  • You prefer GO Markets's trading environment overall
Visit GO Markets

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is IG better than GO Markets?

IG scores higher overall (9.2/10 vs 7.8/10), winning 8 of 8 categories. However, GO Markets remains competitive. The best choice depends on what matters most to your trading style.

Which has lower fees, IG or GO Markets?

IG scores higher for trading costs. IG offers spreads from 0.6 pips with a $250 minimum deposit, while GO Markets starts from 0.0 pips with $200 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is IG safe to trade with?

IG is regulated by FCA, ASIC, MAS, BaFin and scores 10/10 for regulation. GO Markets is regulated by ASIC, CySEC, FSA with a score of 8.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, IG or GO Markets?

IG scores 9.5/10 for platforms. IG offers IG Platform, MT4, ProRealTime, L2 Dealer, while GO Markets provides MT4, MT5, cTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for IG vs GO Markets?

IG requires a minimum deposit of $250, while GO Markets requires $200. GO Markets 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.

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