Robinhood
Zero commissions, zero minimum deposit — investing made radically accessible.
- Min deposit
- $0
- Max leverage
- 1:1
- Spread from
- 0 pips
- Regulators
- SEC, CFTC
Robinhood and GO Markets serve very different traders, but only one comes out on top in our proprietary rating. Robinhood edges ahead with a 3.6/5 score thanks to zero-commission stock trading and no minimum deposit. GO Markets counters with deep forex market access and higher leverage, but ultimately falls short overall.
Zero commissions, zero minimum deposit — investing made radically accessible.
A veteran forex broker offering deep market access and serious leverage on trusted MT4/MT5 platforms.
Same category, top-tier regulation, and it's currently accepting new traders.
See What Makes It DifferentCore features compared head-to-head.
| Feature | R Robinhood | GM GO Markets |
|---|---|---|
| Overview | ||
| Rating | 3.6 / 5 | 3.3 / 5 |
| Founded | 2013 | 2006 |
| Headquarters | Menlo Park, USA | Melbourne, Australia |
| Regulation | SEC, CFTC | ASIC, CySEC |
| Fees & Limits | ||
| Min Deposit | $0 | $200 |
| Spreads From | 0 pips | 0.1 pips |
| Commission | None | $3/lot |
| Max Leverage | 1:1 | 1:500 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
| Markets Offered | Stocks, Crypto, Cfd | Forex, Cfd, Indices, Commodities, Crypto |
Robinhood
$0
GO Markets
$200
Robinhood
0 pips
GO Markets
0.1 pips
Robinhood
None
GO Markets
$3/lot
Robinhood
None
GO Markets
None
Robinhood
None
GO Markets
None
Robinhood is our top pick in this matchup, earning a 3.6/5 rating compared to GO Markets's 3.3/5. It wins on regulatory strength (SEC, CFTC), zero minimum deposit, and tighter spreads from 0 pips. GO Markets remains a viable alternative for dedicated forex traders who want MT4/MT5 access and higher leverage up to 1:500, but for most traders — especially beginners — Robinhood offers the stronger, more accessible overall package.
Robinhood operates under the direct oversight of the SEC and CFTC, two of the most respected tier-1 regulatory bodies in the world, giving US-based traders a high degree of confidence in fund security and operational transparency.
GO Markets, by contrast, is regulated by ASIC and CySEC — both credible regulators, though CySEC is generally considered a step below tier-1 status in terms of investor protection standards.
For traders who prioritize regulatory pedigree above all else, Robinhood's SEC/CFTC combination gives it a clear edge in this category, particularly for US residents seeking familiar legal recourse.
That said, GO Markets's ASIC licence still provides solid protections for international traders, including segregated client funds, making it a reasonably safe choice outside the US.
Robinhood charges no per-trade commission and offers spreads starting from 0 pips, making it an extremely cost-effective option for casual and frequent traders alike.
GO Markets charges a $3 per lot commission on top of spreads that start at 0.1 pips, a structure common among ECN-style forex brokers but one that adds up for high-volume traders.
Neither broker charges deposit or withdrawal fees, which is a welcome point of parity that keeps account funding and cash-out simple for both platforms.
Overall, Robinhood's zero-commission, tight-spread model is the more economical choice for most retail traders, while GO Markets's fee structure is better suited to forex specialists comfortable with commission-based pricing.
Robinhood requires no minimum deposit at all, allowing traders to open an account and start investing with virtually any amount of capital — a major draw for beginners and cost-conscious investors.
GO Markets sets its minimum deposit at $200, a modest bar by industry standards but still a meaningful barrier compared to Robinhood's zero-dollar entry point.
This difference makes Robinhood significantly more accessible to new traders testing the waters or those with limited starting capital.
Experienced traders with larger budgets may not view the $200 threshold as prohibitive, but accessibility clearly favors Robinhood in this category.
Robinhood relies on its own proprietary web and mobile platforms, designed with simplicity and ease-of-use as the top priority — ideal for newer investors who want a clean, intuitive interface.
GO Markets supports the industry-standard MetaTrader 4 and MetaTrader 5 platforms, giving traders access to advanced charting, automated trading via Expert Advisors, and a vast ecosystem of third-party tools.
Traders who value customization, algorithmic trading, and technical analysis depth will likely prefer GO Markets's MT4/MT5 offering over Robinhood's more streamlined proprietary apps.
Conversely, traders who want a no-frills, beginner-friendly experience without a learning curve will find Robinhood's platforms far more approachable.
GO Markets offers a broader market selection spanning Forex, CFDs, Indices, Commodities, and Crypto, plus significantly higher maximum leverage of up to 1:500 for eligible traders.
Robinhood's offering is comparatively narrower, covering Stocks, Crypto, and CFDs, with maximum leverage capped at 1:1 — reflecting its US-regulated, retail-investor-focused model.
Traders seeking diverse instrument exposure and leveraged forex trading will find GO Markets the more capable platform in this specific area.
However, this expanded access comes with greater risk, and Robinhood's conservative leverage policy may appeal to more risk-averse or long-term investors.
Weighing all factors together, Robinhood earns the higher overall rating at 3.6/5 versus GO Markets's 3.3/5, driven primarily by its regulatory strength, zero-commission model, and accessible zero-dollar minimum deposit.
GO Markets remains a compelling alternative for forex-focused traders who need MT4/MT5, higher leverage, and a wider range of tradable instruments.
Ultimately, your choice should hinge on trading style: casual investors and beginners will likely gravitate toward Robinhood, while active forex traders may still find good value with GO Markets.
The bottom line — category winners and our final pick based on ratings.
Robinhood edges out GO Markets overall based on our expert rating score.
Highest Rated
Robinhood
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.
Our #1 Pick Right Now: AvaTrade