TradingCritique

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

Broker Name

HFM

HFM

VS
GO Markets

GO Markets

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Broker Overview

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

Market maker broker

Both STP and Market maker broker

Years of Existence / Established Year

2010

2006

Customer Base / Number of Accounts

2500000 clients

No information


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Regulation & Security

Regulations (governing bodies)

FSC, CySEC, DFSA, FCA, ISA, FSCA, MAS, CMA, FMA

CySEC, FSC, ASIC

Awards Won (count for the last 2 years)

Best Global Affliiate Programs 2024, Best Trading Accounts Global, Best Stock Broker 2023, Best Trading Platform Broker

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

Security Measures

Civil Liability insurance program with a limit of €5,000,000

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Over 500 markets including energies

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

Yes

Yes

Stocks

Yes

Yes

Options

No

No

Futures

No

No

Bonds

Yes

No

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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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.)

HFM Platform, Web trading, Mobile trading

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Cent, Zero, Pro , Premium, Corporate, Joint account

Go Plus account and standard account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$0

$0

Leverage Available

1:1000- 1:2000

20:1 to 500:1

Trade Limit (maximum per trade)

60/ 200 Standard lots per position depends on account types

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)

Beginners to experienced traders

Beginner to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Master card, Visa, Skrill, Neteller, Bank Transfer

Withdrawal Methods

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Master card, Visa, Skrill, Neteller, Bank Transfer

Other E-Wallets Supported

FasaPay, Neteller

Skrill, Neteller


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Webinars, eBooks and Guides, Video Tutorials

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


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Fees & Commissions

Trading-Related Fees

Spread: starts from 0.0- 1.2 pips, commissions: $0.03 per 1k lot, Commission for Forex: $0.03 - $3, gold: $7- $14

Spread starts from 0.0 pips

Spread (typical, fixed, variable)

Variable

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

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

$0

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

34:20:00

500:1


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Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

$0

Subscription Fees (for premium features, data feeds)

$0

$25

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

$0

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

$0

Deposit Fee

$0

$0

Currency Conversion Fee

$0

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

$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

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


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Customer Support

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

24/5

24/7

Customer Support Methods (phone, email, live chat)

Live support: Available 24/5, Email : [email protected], Phone: +44-203 097 85 71

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

Support Languages

27+

18+


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Additional Information

Headquarters Location

financial hub of Limassol, Cyprus

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 HFM maintains low trading fees with no minimum deposit, GO Markets includes some charges for premium features and certain asset trades, making HFM the better option for budget-focused traders.
HFM makes starting out easy with a simple application, especially for retail clients. GO Markets platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.
While HFM focuses on mobile-first design and clean user experience, GO Markets includes features like in-depth charting, integrated news feeds, and strong desktop performance.
HFM delivers a robust ecosystem for seasoned traders, whereas GO Markets focuses on ease of access and modern usability.