TradingCritique

Select Your Brokers to Compare

Firstrade vs GO Markets : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Firstrade

Firstrade

VS
GO Markets

GO Markets

Icon

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

Both STP and Market maker broker

Years of Existence / Established Year

1985

2006

Customer Base / Number of Accounts

1Million

No information


Icon

Regulation & Security

Regulations (governing bodies)

FINRA, SEC

CySEC, FSC, ASIC

Awards Won (count for the last 2 years)

Best Online Brokers, Best for Options Traders award.

Most Trusted Global Forex Broker, Asia 2024, Best Global Forex Broker, Asia 2024

Security Measures

SIPC

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

No


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

2200+ ETFs including CDs, Treasury bills, Notets and bonds, Primary market CDs, Zeros and strips and more

1000+ products including Share CFDs, Index CFDs, Treasury CFDs

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

Yes- Through ETFs

Yes

Cryptocurrencies

Yes- Through ETFs

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

No

Futures

No

No

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

Yes

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

Yes

No

Equities

No

No


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

Yes

Yes

cTrader

No

Yes

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Firstrade platform

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Brokerage account- Individual, Joint, Custodial, Retirement- Retirement (Traditional IRA, Roth IRA, SEP IRA), Corporate, Trust, International, Education Planning, Business Planning

Go Plus account and standard account

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$0

Leverage Available

No

20:1 to 500:1

Trade Limit (maximum per trade)

Depends on asset class

Depends on assets type

Commission (per account type)

$0

Plus account- $2.50 per side on FX standard lot, Standard account -$0

Best Suited For (e.g., beginners, experienced traders)

Both beginners and experienced traders

Beginner to experienced traders


Icon

Deposit & Withdrawal Options

Deposit Methods

Wire Fund Transfer, Check deposit, Asset transfer, ACH electronic transfer

Master card, Visa, Skrill, Neteller, Bank Transfer

Withdrawal Methods

Wire Fund Transfer, Check Deposit, Asset transfer, ACH electronic transfer, Withdrawal of sales proceed

Master card, Visa, Skrill, Neteller, Bank Transfer

Other E-Wallets Supported

No

Skrill, Neteller


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Education Center, Investment Education Videos, Option Guide, Margin Guide, Webinars, Tax center, Blogs, Upcoming IPOs

Trading Education Online Courses, Market Analysis and Insights, Webinars, Trading Guides and eBooks, Video Tutorials, GoMarkets Blog Market News and Analysis, Technical Analysis Reports


Icon

Fees & Commissions

Trading-Related Fees

Commission for stocks, ETFs, Options, Mutual funds- $0, Fixed income- Treasury Bills, Notes & Bonds, Municipal Bonds, Agency Bonds, Secondary Market CDs, Zeros & Strips- Net yield basis, Primary Market CDs- $30, Broker-Assisted Stock & Options Trades- $19.95 (+$0.50/Contract)

Spread starts from 0.0 pips

Spread (typical, fixed, variable)

Typical

Typical

Per Lot Fees

NA

Cryptocurrencies: $10 per lot, Spot Brent and Spot WTI: $15 per lot, FX and metals: $40 per lot, BTC: $50 per lot

Options Contract Fees

$0

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

500:1


Icon

Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

$25

Advisory Fees

0.20-0.30%

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$2-$5

NA

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

$0

Deposit Fee

$0

$0

Currency Conversion Fee

3%

Euro:€2.00 per side, Great British Pound: €2.00 per side, New Zealand Dollar: NZ$3.50 per side, United States Dollar: US$2.50 per side

Withdrawal Fee

$25-$75

$0


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Pre-Market: 8:00 AM to 9:30 AM ET Regular Market: 9:30 AM to 4:00 PM ET After-Hours: 4:05 PM to 8:00 PM ET

Monday 00:00 to Friday 24:00 (Platform time)


Icon

Customer Support

Support Hours (e.g., 24/7, weekdays only)

Monday - Friday,10am - 4pm ET

24/7

Customer Support Methods (phone, email, live chat)

Phone: U.S. Toll Free: 1-800-869-8800, Outside the US: 1-718-961-6600, E-mail, FAQ, Fax: 1-718-961-3919

Call: +230 5869 0074, E-mail: [email protected], Go markets Quick support

Support Languages

3

18+


Icon

Additional Information

Headquarters Location

30-50 Whitestone Expwy. Ste. A301 Flushing, NY 11354

Level 7 Office 12, ICONEBENE, Lot B441, Rue de L'Institut, Ebene

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Firstrade stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, GO Markets offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
Firstrade offers a quick and paperless account setup that appeals to traders on the go, whereas GO Markets more involved onboarding process adds an extra layer of safety and regulatory checks.
Firstrade excels in real-time trade execution with minimal latency, whereas GO Markets complements its execution with strong analytical modules and educational support within the platform.
Firstrade strength lies in high-performance trading, while GO Markets provides a more accessible route for everyday investors.