Eightcap and GO Markets are both Australian-founded brokers competing for forex and CFD traders worldwide. Our research puts Eightcap ahead overall with tighter spreads, stronger regulation, and a lower entry barrier for new traders.
Eightcap combines tier-1 regulatory strength with razor-thin spreads and a low $100 entry point, making it the standout choice for cost-conscious traders.
GO Markets leans on nearly two decades of operating history and a slightly lower commission rate to appeal to traders who value longevity and consistency.
Core features compared head-to-head.
| Feature | E Eightcap | GM GO Markets |
|---|---|---|
| Overview | ||
| Rating | 3.6 / 5 | 3.3 / 5 |
| Founded | 2009 | 2006 |
| Headquarters | Melbourne, Australia | Melbourne, Australia |
| Regulation | ASIC, FCA, CySEC | ASIC, CySEC |
| Fees & Limits | ||
| Min Deposit | $100 | $200 |
| Spreads From | 0 pips | 0.1 pips |
| Commission | $3.5/lot | $3/lot |
| Max Leverage | 1:500 | 1:500 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5 | MT4, MT5 |
| Markets Offered | Forex, Cfd, Crypto, Indices, Commodities | Forex, Cfd, Indices, Commodities, Crypto |
Eightcap
$100
GO Markets
$200
Eightcap
0 pips
GO Markets
0.1 pips
Eightcap
$3.5/lot
GO Markets
$3/lot
Eightcap
None
GO Markets
None
Eightcap
None
GO Markets
None
Eightcap is the stronger overall choice, earning a 3.6/5 on our proprietary rating scale compared to GO Markets's 3.3/5. Eightcap wins on regulatory strength, spread pricing, and accessibility for beginners, while GO Markets remains a credible alternative for traders who value its longer track record or prefer its specific account setup.
Eightcap holds licences from three tier-1 and tier-2 regulators: ASIC, FCA, and CySEC. This triple-jurisdiction coverage gives traders added flexibility and layered protections depending on which entity they onboard with.
GO Markets, by comparison, is regulated by ASIC and CySEC only. While both regulators are reputable, GO Markets lacks the additional FCA oversight that Eightcap offers, which can matter to UK-based traders seeking added recourse.
Both brokers are headquartered in Melbourne, Australia, and neither charges deposit or withdrawal fees, which is a positive baseline for both platforms. However, on pure regulatory breadth, Eightcap holds a clear structural advantage.
Eightcap advertises spreads from 0.0 pips, undercutting GO Markets's 0.1 pip starting spread on comparable raw-style accounts. Over high-frequency trading volumes, this difference compounds meaningfully.
On commissions, GO Markets is marginally cheaper at $3 per lot versus Eightcap's $3.5 per lot. This narrows the overall cost gap somewhat, but Eightcap's tighter raw spread typically outweighs the small commission difference for most active traders.
Neither broker charges deposit or withdrawal fees, which keeps the account funding experience simple and predictable for both platforms. Overall, Eightcap's pricing structure edges out GO Markets for spread-sensitive strategies like scalping.
Eightcap requires just $100 to open a live account, making it notably more accessible to newer or smaller-capital traders. GO Markets sets its minimum deposit at $200, double that of Eightcap.
For beginners testing strategies with limited capital, this $100 gap can be a meaningful deciding factor. Eightcap's lower barrier to entry aligns with its strong showing in our 'Best for Beginners' category.
Both brokers support the industry-standard MetaTrader 4 and MetaTrader 5 platforms, giving traders access to familiar charting tools, automated trading via Expert Advisors, and a wide plugin ecosystem.
On market access, Eightcap covers Forex, CFDs, Crypto, Indices, and Commodities. GO Markets offers an almost identical lineup — Forex, CFD, Indices, Commodities, and Crypto — meaning neither broker has a decisive edge in instrument variety.
Since platform technology and asset coverage are essentially at parity, this category comes down to a tie, with the real differentiators lying in cost and regulatory depth covered elsewhere in this review.
GO Markets holds a slight edge in operating history, having been founded in 2006 compared to Eightcap's 2009 launch. Three extra years of market presence can appeal to traders who weigh longevity heavily in their broker selection.
That said, Eightcap has used its time in the industry to build a broader regulatory footprint and more competitive pricing, which our data suggests matters more to the average trader than a few additional years of operation.
Based on our independent rating system, Eightcap scores 3.6/5 against GO Markets's 3.3/5, driven primarily by stronger regulation, tighter spreads, and a lower minimum deposit. Eightcap earns our top marks across Best Overall, Best for Beginners, Best for Low Fees, and Best for Regulation.
GO Markets remains a legitimate, well-regulated option, particularly for traders drawn to its longer operating history or who already prefer its account structure. But for the majority of traders — especially those prioritizing cost efficiency and regulatory breadth — Eightcap is our recommended pick.
The bottom line — category winners and our final pick based on ratings.
Eightcap edges out GO Markets overall based on our expert rating score.
Highest Rated
Eightcap
3.6 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.6/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
