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ETO Markets , GO Markets Broker Comparison

Do you want to know which is the better broker between ETO Markets and GO Markets ?

In the table below, you can compare the features of ETO Markets , GO Markets side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
ETO Markets
8.45
Regulated
Under guarantee
10-15 years
ASIC,FSA
--
AAA
B
492.6
186
186
186
1970
1970
1925
AAA
--
1
--
1
AA
7 USD/Lot
15.95 USD/Lot
AAA
--

Long: -43.52

Short: 24.44

A
0.1
21
Pro,Standard
--
$20000
1:500
From 0
0.00
--
0.01
--
GO Markets
8.98
Regulated
Under guarantee
--
--
20+ years
ASIC,CYSEC,FSA
MASTER,Skrill,VISA,Bank transfer,Neteller
A
B
510.4
338
346
338
1749
1686
1749
AAA
--
--
--
--
C
--
25 USD/Lot
AAA
--

Long: -111.5

Short: 51.09

D
2
17.3
GO Plus +,Standard
--
--
1:500
from 0.0
0.00
--
--
--

ETO Markets 、 GO Markets BrokerRelated News

ETO Markets BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do eto-markets and go-markets have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

eto-markets
ETO Markets Review Summary
Founded2010
Registered Country/RegionSeychelles
RegulationASIC, FSA (Offshore)
Market Instruments50+ forex, energies, commodities, precious metals, indices, cryptos and stock CFDs
Demo Account
LeverageUp to 1:500
SpreadFrom 1.7 pips (STD account)
Trading PlatformMT4, MT5, CRM APP
Social Trading
Min Deposit$100
Customer SupportMonday - Friday, 9am - 5pm (Sydney time)
Live chat
Tel: +248 4374772
Email: info@eto.group
Address: No. 20, Abis Centre Providence, Mahe, Seychelles
Regional RestrictionsAfghanistan, Belarus, Central Africa Republic, Crimea, Cuba, Democratic Republic of Congo (DRC), Ethiopia, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Somalia, Sudan, South Sudan, Syria, Russia, Ukraine, United States, Venezuela, Yemen and Zimbabwe

Founded in 2010, ETO Markets is a forex and CFD forex broker based in Sydney, Australia, providing online solutions for retail and institutional investors in over 100 countries. It is regulated by the AISC and offshore regulated by the FSA. Besides, it offers many live accounts with acceptable minimum deposit requirements and flexible leverage up to 1:500, through MT4, MT5, and CRM APP. However, many residents from some countries and regions have no access to trade with them.

ETO Markets' homepage

Pros and Cons

Pros Cons
Regulated by ASICNewly established
Diverse tradable assetsOffshore regulated by FSA
Demo accounts availableRegional restrictions
Multiple account typesUnclear payment options
Flexible leverage ratios
No commission for most account types
MT4 and MT5 supported
Social trading
Live chat support

Is ETO Markets Legit?

ETO Markets isregulated by the Australian Securities and Investments Commission (ASIC) and offshore regulated by the Seychelles Financial Services Authority (FSA).

ASIC
The Australian Securities and Investments Commission (ASIC)
Regulatory Status Regulated
Regulated by Australia
Licensed Institution ETO GROUP PTY LTD
Licensed TypeMarket Making (MM)
Licensed Number000420224
Regulated by ASIC
FSA
The Seychelles Financial Services Authority(FSA)
Regulatory Status Offshore Regulated
Regulated by Seychelles
Licensed Institution ETO Markets Limited
Licensed TypeRetail Forex License
Licensed NumberSD062
Offshore regulated by FSA

What Can I Trade on ETO Markets?

ETO Markets offers 50+ forex, energies, commodities, precious metals, indices, cryptos and stock CFDs.

Tradable Instruments Supported
Forex
Energies
Commodities
Precious metals
Indices
Cryptocurrencies
Stock CFDs
Bonds
Options
ETFs
What Can I Trade on ETO Markets?

Account Type

Opening an account with ETO Markets involves five steps, during which you can provide your personal information.

Open an account

ETO Markets offers four kinds of live accounts: the Pro, Basic, Prime and STD accounts with the minimum deposits of $100.

Account comparison
Account TypeMin DepositMin Trade SizeStop Out Level
PRO$1000.01 Lot50%
BASIC
PRIME
STD

Leverage

ETO Markets charge the maximum leverage of 1:500 for each account. Besides, it also provides flexible leverage ratios for various trading products:

Asset ClassMax Leverage
Forex1:500
Indices1:100
Cryptos1:20
Stock CFDs1:10

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

ETO Markets Fees

Account TypeSpread fromCommission
PRO0.0 pips$3.5
BASIC1.0 pips
PRIME1.7 pips
STD

Trading Platform

ETO Markets offers a range of trading platforms for their traders including MT4, MT5, and CRM APP.

Trading Platform FeatureSuitable for
MT4Advanced, user-friendly platform for Forex, CFDs, and moreFinancial institutions and individual traders
MT5Supports automated trading, provides market signals based on expert strategiesExperienced traders
CRM APPFacilitates client relationship management; tracks interactions, manages accounts efficientlyBusinesses and traders managing client relations
Trading Platform
go-markets
Broker GO Markets
Founded2006
Registered Australia, Cyprus, Mauritius, Seychelles
Regulation StatusASIC, CYSEC, FSA (Offshore)
Market InstrumentsForex CFDs, Share CFDs, Index CFDs, Metals CFDs, Cryptocurrency CFDs, Commodity CFDs and Treasury CFDs
Demo Account
Maximum Leverage1:500
Minimum SpreadFrom 0.0 pips
Tading platformMT4, MT5, cTrader, Go WebTrader, Mobile Trading
Social Trading
Minimum Initial Deposit$200
Customer Service24/7 - live chat, contact form, phone, email

GO Markets Information

GO Markets is an Australia-based Forex and CFDs broker founded in 2006, providing 1000+ tradable CFD instruments including forex, shares, commodities, indices, metals, and treasuries. GO Markets is regulated by the ASIC in Australia, the CySEC in Cyprus, and the FSA (Seychelles).

GO Markets is one of the first Australian MetaTrader 4 brokers, later on, it added MetaTrader 5, WebTrader, cTrader and mobile apps to its suite of services. The broker is well known for its strict compliance and competitive spreads.

GO Markets Information

GO Markets Pros & Cons

ProsCons
  • Operating under a strong regulatory frame
  • FSA offshore regulation
  • Offers access to over 1,000 tradable assets
  • High minimum deposit requirement
  • Roust trading capabilities on both MT4 & MT5
  • No 24/7 customer support
  • Multilingual and Multi-channel customer support
  • Fast deposit and withdrawal
  • Solid educational content

GO Markets Legit?

GO MARKETS is an online forex brokerage company that is regulated by multiple regulatory bodies including ASIC, CYSEC, and FSA.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
ASICGO MARKETS PTY LTDMarket Making (MM)254963
CYSECGo Markets LtdMarket Making (MM)322/17
FSAGo Markets International LtdRetail Forex LicenseSD043
  • GO Markets Pty Ltd - authorized by ASIC (Australia) registration AFSL: 254963 ABN: 85 081 864 039
Regulated by ASIC
  • GO Markets Ltd - authorized by CySEC (Cyprus) registration no. 322/17
Regulated by CySEC
  • GO Markets International Ltd - offshore regulated by the FSA (Seychelles) license no. SD043

    Offshore regulated by FSA

Market Instruments

With Go Markets, clients can easily trade with over 1,000 products, covering Fore, Shares CFDs, Indices, Metals, Commodities, and Treasury. However, this broker does not trading on some other popular asssets like Futures, options, or ETFs.

Tradable AssetsSupported
Forex Pairs
Shares CFDs
Indices
Metals
Commodities
Treasury
Futures
Options
ETFs

GO Markets Account Types

The Plus+ Account offers a range of benefits including 24/5 support, a dedicated account manager, tighter spreads from 0.0 pips, and free VPS access. It charges a commission of $2.50 per side on FX standard lots, while the Standard Account has slightly higher spreads starting from 0.8 pips and no commission fee.

Both accounts offer similar leverage (up to 500:1), allow trading in a wide range of markets, and support various base currencies. Additionally, both accounts permit trading tools, EAs, and scalping.

GO Markets Account Types
FeaturePlus+ AccountStandard Account
Support24/5 Support24/5 Support
Dedicated Account ManagerYesNo
SpreadsFrom 0.0 pipsFrom 0.8 pips
Commission$2.50 per side on FX standard lotA$0.00
Available MarketsWide range of FX pairs, Shares, Indices & CommoditiesWide range of FX pairs, Shares, Indices & Commodities
Minimum Trade Size0.01 lots0.01 lots
LeverageUp to 500:1Up to 500:1
Trading ToolsAvailableAvailable
EAs AllowedYesYes
FREE VPS^YesNo
Scalping AllowedYesYes
Available Base CurrenciesAUD, USD, EUR, GBP, NZD, CAD, SGD, CHF, HKDAUD, USD, EUR, GBP, NZD, CAD, SGD, CHF, HKD

GO Markets Leverage

GO Markets Leverage depends on the entity you have an account with since leverage falls under certain regulations. International Traders can access high-leverage ratios. For forex trading, GO Markets Pty Ltd, Mauritius (FSC regulated) offers generous leverage up to 1:500.

Leverage

GO Markets Spreads & Fees

Apart from offering one of the best spreads for the products suite, GO Markets is also the most competitive in terms of holding costs or overnight swaps. GO Markets offers Swap-Free Accounts to traders available on the Standard and GO Plus+ accounts on Meta trader platforms. GO Markets Swap-Free account is available to legitimate holders who are Muslim and cannot use “swaps” due to their religious belief.

Further, the GO Plus Account is already a choice for advanced traders or those whose strategy requires it as spreads from 0.0 pips and trading costs inbuilt in the commission as low as $2.5 per side.

GO Markets spreads are aggregated from 22+ Tier 1 and 2 liquidity providers making them go as low as 0.0 pips. The GO Markets average spreads for Standard and GO Plus+ accounts are listed on their page. However, the data is provided for general information only and is taken over a one-month period. Prices shown may vary. For instance, see below a comparison of the Standard spread offering, as well as your comparing fees to another popular broker.

Besides, always consider overnight fee as a cost, also known as Rollover rate or interest for holding positions open overnight.

GO Markets Trading Platforms

In terms of trading platform suppored, GO Markets offers a robust suite, which makes it stands tall among most brokers. MetaTrader 4 and 5 platforms provide advanced charting tools, expert advisors, and VPS options. The user-friendly cTrader platform enables advanced customization and order capabilities. Copy trading solutions like MetaTrader Copy Trader and cTrader Copy Trading allow following successful traders' strategies. Mobile trading apps for Android and iOS ensure access on-the-go. The GO WebTrader offers a web-based MT4 and MT5 experience without downloads.

PlatformsGO Markets
MetaTrader 4
MetaTrader 5
Mobile Trading Platforms
cTrader
Go WebTrader
WebTrader
GO Markets Trading Platforms

Trading Tools

Additionally, GO Markets offers the following trading tools to enhance trading experience:

  1. VPS (Virtual Private Server): A VPS provides continuous access and optimal speed for MT4 and MT5 platforms, ensuring vital speed and uninterrupted trading.
  2. Autochartist: Autochartist specializes in real-time price action alerts, volatility analysis, and event impact assessments, allowing traders to easily apply charts and stay informed about market movements.
  3. Trading Central: Trading Central offers a collection of programs that provide actionable investment support with 24-hour multi-asset coverage and analysis, empowering traders with comprehensive market insights.
  4. MetaTrader Genesis: MetaTrader Genesis is a comprehensive suite of Expert Advisors (EAs) designed to enhance the capabilities of the standard MetaTrader platform, enabling advanced trading automation and strategy implementation.
Trading Tools

GO Markets Deposits & Withdrawals

Various payment methods are available for deposits, including Mastercard, VISA, Skrill, Neteller, and Bank Transfer. Most payments via Master Account and VISA are processed within an hour, while Skrill and Neteller take 1-2 hours. Bank Transfers generally require 1-2 business days. Accepted currencies include AUD, USD, GBP, EUR, and others, depending on the payment method.

Payment MethodAccepted CurrenciesDeposit Processing Time
MastercardAUD, USD, GBP, EUR, AED, SGD, CAD, CHF, HKD, NZDUp to 1 hour
VISAAUD, USD, GBP, EUR, AED, SGD, CAD, CHF, HKD, NZDUp to 1 hour
SKRILLAUD, USD, GBP, EUR, NZD, SGD1-2 hours
NETELLERAUD, USD, GBP, EUR, SGD1-2 hours
Bank TransferAUD, USD, GBP, EUR, SGD, NZD, HKD, CAD, CHF1-2 business days
GO Markets Deposits & Withdrawals

GO Markets Customer Support

24/7 - live chat, contact form

Phone: +230 5869 0074 (International)

Email: support.mu@gomarkets.com, newaccounts.mu@gomarkets.com

Head Office: Level 7 Office 12, ICONEBENE Lot B441, Rue de LInstitut Ebene

GO Markets Customer Support

GO Markets Education

And of course, since novice traders always pass through great challenges while exploring trading opportunities, GO Markets provide the educational materials and research resources necessary to perform seamless trading. Eventually, GO Markets educational programs and its GO Markets Academy are numerously award-winning materials that are defined by all levels of traders and available for Free use.

So in GO Markets Academy and Education Centre, you will find Forex trading learning courses, Video Tutorials, also Tutorials and regularly held Seminars and Webinars in various languages. Also, Demo Account is offered for free use with no limits where beginners can place their strategy at the test or see GO Markets environment.

As for the Research tools, besides very comprehensive research inbuilt into Metatrader 4 platform, GO Markets also cooperates with Autochartist and Trading Central providers so you can use its free trading signals and ideas for your benefit. Besides, thousands of MetaTrader 4 & 5 Add-ons remain at your suite which is defined by the instrument and specified criteria, where also you may use the great tool MT4 Genesis.

GO Markets Education

GO Markets Education

FAQs

Is Go Markets legit?

Yes, Go Markets operates legally, and it is regulated in three different jurisdications globally.

Is demo trading available at Go Markets?

Yes. It offers risk-free demo accounts.

Does Go Markets offer MT4/5?

Yes. Both MT4 and MT5 are available.

What is the minimum deposit required to open an account with Go Markets?

The minimum deposit required varies depending on the account type you choose. The Standard account requires a minimum deposit of $200, while the Pro account requires a minimum deposit of $300.

Is Go Markets a good broker for beginners?

Yes. It is a regulated broker that offers demo accounts and rich educational resources. But $200 minimum deposit requirement may be high for beginners.

Risk Warning

Trading online carries inherent risks, including the potential loss of invested capital.

Do eto-markets and go-markets have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive eto-markets and go-markets are, we first considered common fees for standard accounts. On eto-markets, the average spread for the EUR/USD currency pair is From 0 pips, while on go-markets the spread is from 0.0.

Which broker between eto-markets, go-markets is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

eto-markets is regulated by ASIC,FSA. go-markets is regulated by ASIC,CYSEC,FSA.

Which broker between eto-markets, go-markets provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

eto-markets provides the Pro,Standard platform with products like --; go-markets offers the GO Plus +,Standard platform featuring assets including --.

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