Webull
GO Markets
Webull vs GO Markets
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Webull and GO Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Webull, founded in 2017 and headquartered in New York, USA, is regulated by ASIC and offers spreads starting from N/A with a minimum deposit of $0. 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, GO Markets scored 7.8/10 overall compared to Webull's 7.5/10, making it the stronger pick for most traders. That said, Webull holds its own with lower trading costs and better trading platforms, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
GO Markets scores 7.8/10 overall vs 7.5/10 for Webull — a 0.3-point difference.
- 💵
Webull requires just $0 to start, while GO Markets needs $200 — Webull is 200x more accessible.
- 📈
Webull offers 5,000+ instruments vs 350+ at GO Markets — a massive gap in market coverage.
- 🖥️
Webull runs on Webull App, while GO Markets uses MT4, MT5, cTrader — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: GO Markets scores 8.5 vs 7.0 for Webull — a 1.5-point difference.
Our Verdict
Webull
Score: 7.5/10 · Wins 5 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- You want access to a wider range of instruments
GO Markets
Score: 7.8/10 · Wins 3 categories- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
GO Markets takes the lead with an overall score of 7.8/10 compared to 7.5/10, winning in 3 out of 8 scoring categories. GO Markets stands out for stronger regulation and better customer support, while Webull fights back with lower trading costs and better trading platforms.
Detailed Verdict
After testing both brokers with real accounts, GO Markets comes out ahead with a 7.8/10 overall rating, winning 3 out of 8 categories. Its strongest area is Regulation & Trust where it scores 8.5/10. GO Markets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Webull is not without merit — it scores 7.5/10 overall and excels in Trading Costs (8.5/10), winning 5 categories. Traders who value lower trading costs or better trading platforms may find Webull the better fit. For a complete breakdown, read our full GO Markets review and Webull review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Webull wins by 0.5 points
Webull wins by 0.5 points
GO Markets wins by 1.5 points
Webull wins by 0.5 points
GO Markets wins by 0.5 points
Webull wins by 0.5 points
GO Markets wins by 0.5 points
Webull wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.5/10 | 7.8/10 ✓ |
| Min Deposit Lower is better | $0 ✓ | $200 |
| Max Leverage | 1:5 | 1:500 |
| Spreads From | N/A | 0.0 pips |
| Platforms | Webull App | MT4, MT5, cTrader |
| Regulation | ASIC | ASIC, CySEC, FSA |
| Founded Older track record highlighted | 2017 | 2006 ✓ |
| Markets | 5,000+ ✓ | 350+ |
Fees & Costs
When it comes to trading costs, Webull has the edge with a score of 8.5/10 versus 8/10 for GO Markets. Webull offers spreads starting from N/A, while GO Markets starts from 0.0 pips. The minimum deposit at Webull is $0, 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.
Trading Platforms
Webull scores 8.5/10 for platforms compared to 8/10 for GO Markets. Webull provides Webull App, 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.
Regulation & Safety
Regulation is crucial for fund safety. Webull is regulated by ASIC (Tier 1), while GO Markets holds licenses from ASIC, CySEC, FSA (Tier 1). Webull scores 7/10 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.
Education & Research
For learning resources, Webull leads with 7.5/10 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. Webull 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.
Customer Support
Webull offers 24/5 Live Chat, Email and scores 7/10, 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.
Deposit & Withdrawal
Webull scores 7/10 for deposits and withdrawals, while GO Markets scores 7.5/10. Webull accepts Bank Transfer, and GO Markets supports Bank Transfer, Credit Card, Skrill, Neteller, Fasapay. Processing times, fees, and available currencies vary. Webull requires a minimum deposit of $0 versus $200 for GO Markets. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Webull if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- You want access to a wider range of instruments
Choose GO Markets if you...
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is Webull better than GO Markets?
GO Markets scores higher overall (7.8/10 vs 7.5/10), winning 3 of 8 categories. However, Webull is stronger in lower trading costs and better trading platforms. The best choice depends on what matters most to your trading style.
Which has lower fees, Webull or GO Markets?
Webull scores higher for trading costs. Webull offers spreads from N/A with a $0 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 Webull safe to trade with?
Webull is regulated by ASIC and scores 7/10 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, Webull or GO Markets?
Webull scores 8.5/10 for platforms. Webull offers Webull App, 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 Webull vs GO Markets?
Webull requires a minimum deposit of $0, while GO Markets requires $200. Webull 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.