GO Markets vs XM - Forex Broker Comparison (April 2026)
Head-to-head comparison of GO Markets and XM. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed April 2026.
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GO Markets
Australian Forex & CFD Broker
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XM
Global Multi-Asset Broker — Big and Fair
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| Overview | ||
| Trustpilot Rating | 4.4 | 0 |
| Trustpilot Reviews | 706 | 0 |
| Headquarters | Australia | Cyprus |
| Founded | 2006 | 2009 |
| Best For | Low Spreads Scalping Algo Trading Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional Education | Beginners Education Low Deposit Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional |
| Trust & Safety | ||
| Regulation | ASIC (Australia) CySEC (Cyprus) FSC (Mauritius) FSA (Seychelles) FSCA (South Africa) | CySEC (Cyprus) ASIC (Australia) DFSA (Dubai) FSCA (South Africa) FSC (Belize) |
| Fund Segregation | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes |
| Compensation Scheme | Up to EUR 20,000 under CySEC ICF; AUD client-money protections under ASIC | Up to EUR 20,000 under CySEC ICF |
| Trading Costs | ||
| Min Spread | From 0.0 pips (GO Plus+), From 1.0 pips (Standard) | From 0.0 pips (Zero), From 0.8 pips (Ultra Low), From 1.6 pips (Standard/Micro) |
| Commission | $3/lot/side (GO Plus+), None (Standard) | $3.50/lot/side (Zero), None (Standard/Micro/Ultra Low) |
| Swap-Free (Islamic) | ✅ Yes | ✅ Yes |
| Inactivity Fee | None | $15 after 90 days inactive, then $5/month |
| Deposit/Withdrawal Fees | No deposit fees. Most withdrawals free; bank wire withdrawals may incur intermediary bank charges | No deposit fees. No withdrawal fees (bank wire under $200 may incur fee) |
| Trading Conditions | ||
| Max Leverage | 1:500 (Global), 1:30 (EU/AU retail) | 1:1000 (Global), 1:30 (EU/AU retail) |
| Min Deposit | $200 | $5 (Standard/Micro/Ultra Low), $5 (Zero) |
| Execution Type | ECN | Market Maker |
| Stop Out Level | 50% | 50% (EU), 20% (Global) |
| Margin Call Level | 100% | 50% (EU), 100% (Global) |
| Instruments | 50+ Forex 900+ Stocks 17 Indices 5 Commodities 4 Metals 3 Energies 10 Crypto 8 ETFs | 55+ Forex 1200+ Stocks 30 Indices 10 Commodities 5+ Metals 3 Energies 60+ Crypto |
| Currency Pairs | 52 | 55 |
| Min Lot Size | 0.01 | 0.01 |
| Platforms & Tools | ||
| Trading Platforms | MetaTrader 4 MetaTrader 5 TradingView | MetaTrader 4 MetaTrader 5 |
| Mobile App | ✅ Yes | ✅ Yes |
| Copy Trading | ✅ Yes | ✅ Yes |
| Expert Advisors (EA) | ✅ Yes | ✅ Yes |
| VPS Hosting | ✅ Yes | ✅ Yes |
| API Access | ✅ Yes | ✅ Yes |
| Education | Comprehensive | Webinars (23 languages) Video Tutorials Trading Academy XM Live Sessions Seminars |
| Account & Support | ||
| Account Types | Standard GO Plus+ Raw Islamic Demo | Micro Standard Ultra Low Zero Shares Islamic Demo |
| Payment Methods | Credit/Debit Cards (Visa Mastercard) Bank Wire PayPal Skrill Neteller POLi BPAY Crypto (Bitcoin USDT) | Credit/Debit Cards (Visa Mastercard) Bank Wire Skrill Neteller UnionPay WebMoney Apple Pay Google Pay |
| Withdrawal Speed | Same Day | Same day (e-wallets), 2-5 days (cards/bank wire) |
| Support Hours | 24/5 | 24/5 Live Chat, Email, Phone |
GO Markets
XM