TradingCritique

Select Your Brokers to Compare

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

Broker Name

HYCM

HYCM

VS
GO Markets

GO Markets

Icon

Broker Overview

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

Market maker

Both STP and Market maker broker

Years of Existence / Established Year

1977

2006

Customer Base / Number of Accounts

No information

No information


Icon

Regulation & Security

Regulations (governing bodies)

FCA, DFSA, CySEC,CIMA

CySEC, FSC, ASIC

Awards Won (count for the last 2 years)

Most Trusted Broker 2023 UAE, Most Transparent Forex Broker 2023

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

Security Measures

Tier-1 Client Fund Security

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

300+ instruments

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

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

Yes

Yes

Options

No

No

Futures

No

No

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

Yes

cTrader

No

Yes

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

HYCM Trader, Web trader

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

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

Fixed, Classic and Raw account, Special account for VIP and corpoarte clients

Go Plus account and standard account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$20

$0

Leverage Available

1:20- 1:500

20:1 to 500:1

Trade Limit (maximum per trade)

250 for MT4 Unlimited for HYCM trader and MT5

Depends on assets type

Commission (per account type)

No commission for fixed and classic accounts, Commissions for raw account: FX $4 per round, Metals $5 per round, Others $0 per round

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

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

Beginners traders

Beginner to experienced traders


Icon

Deposit & Withdrawal Options

Deposit Methods

Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets

Master card, Visa, Skrill, Neteller, Bank Transfer

Withdrawal Methods

Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets

Master card, Visa, Skrill, Neteller, Bank Transfer

Other E-Wallets Supported

Neteller, Skrill, PayTrust, Fasapay, WebMoney, AstroPay, ZOTAPAY, and UPI

Skrill, Neteller


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Forex Fundamentals, Trading Tools and Resources, Advanced Trading Concepts, Ethics and Compliance, Technology In Trading, Forex Market History

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

Spread- 0.1 to 1.5 pips, Raw account - FX- $4 per round, Metals - $5 per round

Spread starts from 0.0 pips

Spread (typical, fixed, variable)

Variable /Fixed

Typical

Per Lot Fees

$4 per round

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

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:500

500:1


Icon

Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

$0

Subscription Fees (for premium features, data feeds)

NA

$25

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

$50

$0

Deposit Fee

$0

$0

Currency Conversion Fee

$10

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

e-wallets- 1%, Bank wires- $30, Others-$0

$0


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

23: 01GMT on Sunday night and 21: 00 GMT on Friday night

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


Icon

Customer Support

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

24/5 For complaints 9:00 - 18.00 (GMT +3)

24/7

Customer Support Methods (phone, email, live chat)

Phone: +44 - 208 - 816 - 7812, E-mail:[email protected], Live chat

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

Support Languages

15+

18+


Icon

Additional Information

Headquarters Location

27-28 Clement's Lane, St Clement's HouseLondon EC4N 7AEUnited Kingdom

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.
While HYCM maintains low trading fees with no minimum deposit, GO Markets includes some charges for premium features and certain asset trades, making HYCM the better option for budget-focused traders.
New users will likely find HYCM sign-up process more intuitive. Meanwhile, GO Markets takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
HYCM provides a modern trading experience with its proprietary or MT4/MT5 platform, ideal for technical traders. GO Markets, on the other hand, offers more research tools and is better suited for data-driven investors.
HYCM stands out for active traders with robust tools, while GO Markets suits investors seeking simplicity and ease of use.