GO Markets Vs Binance

How GO Markets and Binance Compare in 2024

GO Markets or Binance who is better?

Compare GO MARKETS Versus BINANCE and IC Markets broker accounts.


Compare GO Markets Vs Binance Side by Side

So you are looking for a broker, GO Markets or Binance who should you choose?

When trading on financial markets you will want to know all about who GO Markets or Binance are, and how they compare. You will naturally want to know how long GO Markets and Binance have been in business and what reputation GO Markets and Binance have. On top of this, you will need to discover if GO Markets and Binance match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how GO Markets and Binance compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of GO Markets and Binance side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing GO Markets and Binance. By comprehensively comparing GO Markets and Binance features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with GO Markets, Binance or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on GO Markets and Binance. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the GO Markets platform or Binance that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


GO Markets

(3/5)
Benefits of GO Markets?
  • Established in 2009
  • GO Markets have been in business for 14 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • GO Markets Min deposit $1
GO Markets screenshot
Reputation Support
Good
Great

GO Markets Regulation

GO Markets is regulated by the Australian Securities and Investments Commission (ASIC).

Excluded Countries

AF, DZ, AO, BY, BA, BI, CF, CG, ER, GY, HT, IR, IQ, PS, PDR, LB, LR, LY, MM, KR DPRK, PA, PG, RU, SL, SO, SD, SY, UG, UA, VE, YE, ZW, IL, CA, PR, US, JP

GO Markets Fees

Deposit fee Varies
Commission No
Inactivity fee No
Withdrawal fee Varies
Min trade Varies
Max trade Varies
Min deposit $1
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all GO Markets
funding options here
Losses can exceed deposits

GO Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

GO Markets Platforms

MT4, Web Trader, Binary, Tablet & Mobile apps

GO Markets Languages

English, French, Chinese, Spanish, Arabic

See GO Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See GO Markets
instruments here
Losses can exceed deposits

GO Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the GO Markets website. Our records were last updated on .

Visit GO Markets today
Losses can exceed deposits

Binance

(3/5)
Benefits of Binance?
  • Established in 2011
  • Binance have been in business for 12 years.
  • Head quarters in Australia.
  • Live Chat
  • Binance Min deposit $100
Binance screenshot
Reputation Support
Good
Good

Binance Regulation

Binance is regulated by the Unregulated.

Excluded Countries

RU

Binance Fees

Deposit fee
Commission
Inactivity fee
Withdrawal fee $25 – $35
Min trade varies
Max trade varies
Min deposit $100
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all Binance
funding options here
Your capital is at risk

Binance Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

Binance Platforms

Desktop,Android,iPhone/iPad,Mac

Binance Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See Binance
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See Binance
instruments here
Your capital is at risk

Binance Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Binance website. Our records were last updated on .

Visit Binance today
Your capital is at risk

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 16 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

GO Markets Vs Binance Table of Contents

GO Markets and Binance in Detail

GO Markets Review Screenshot

The GO Markets online trading platform gives traders from all over the world access to over 100 financial instruments including over 52 available instruments. There are over 10,000+ registered customers that have taken advantage of the GO Markets platform.

GO Markets are regulated by Australian Securities and Investments Commission (ASIC).

GO Markets Review Screenshot

Binance is a renowned Australia financial trading brokerage established in 2011.

Binance serves customers globally and are regulated by Unregulated. Depending on the country you are trading from GO Markets may serve you from a different business entity to comply with its financial regulators.

Binance is listed as a publically traded company on a major stock market. As part of their regulatory requirements Binance has to disclose a yearly report publically. Because of this extra level of auditing and regulation Binance can be considered trustworthy. GO Markets is not listed as a PLC.

Benefits of GO Markets and Binance Compared

Below, we will give you a summary of the benefits GO Markets and Binance offer side by side.

GO Markets offers a minimum deposit of 1 while Binance have a 100 minimum deposit.

Why smaller trading deposits are good and how GO Markets and Binance compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either GO Markets or Binance. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. GO Markets requires a minimum deposit of 1, whereas Binance mandates a minimum deposit of 100. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's GO Markets or Binance, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

GO Markets allows traders to trade up to 100 financial instruments while Binance have around 52 on their trading platform.

The more instruments available on GO Markets and Binance trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of GO Markets or Binance.

The GO Markets trading platform has 0 stocks listed while Binance has 0 stocks listed.

GO Markets allows retail traders to trade the following assets Forex, CFDs, Binary Options on the GO Markets MT4, Web Trader, Binary, Tablet & Mobile apps trading platforms.

Alternatively Binance allows retail traders to trade Forex trading, Spread Betting, Social trading, on the Binance Desktop,Android,iPhone/iPad,Mac trading platforms.

Compare GO Markets and Binance in more detail below.

Drawbacks of GO Markets and Binance Compared

Below we compare what drawbacks GO Markets and Binance have side by side.

Various potential downsides can be associated with certain brokers, including GO Markets and Binance. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by GO Markets compared to Binance. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of GO Markets versus Binance.

Broker GO Markets binance IC Markets
Inactivity Fees No No
Withdrawl Fees Varies $25 – $35 No
Withdrawal Processing Time Varies Varies Varies
Min Deposit 1 100 200
Social Trading No Yes Yes
Excluded Countries AF, DZ, AO, BY, BA, BI, CF, CG, ER, GY, HT, IR, IQ, PS, PDR, LB, LR, LY, MM, KR DPRK, PA, PG, RU, SL, SO, SD, SY, UG, UA, VE, YE, ZW, IL, CA, PR, US, JP RU US, IR, CA, NZ, JP

GO Markets Vs Binance Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with GO Markets or Binance. A diversified portfolio with GO Markets or Binance can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like GO Markets or Binance, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as GO Markets and Binance.

Broker GO Markets binance IC Markets
Instruments Available 100 52 2250
Offers share dealing No No Yes
Number of Shares 0 0 2,100
Offers US Stocks No No Yes
Offers UK Stocks No No Yes
Offers German Stocks Yes No Yes
Offers Japanese Stocks Yes No Yes
Offers Indices Trading Yes No Yes
Number of Commodities 0 0 20
Offers Metals Commodities Yes No Yes
Offers Energy Commodities No No Yes
Offers Agricultural Commodities No No Yes
Offers Forex Trading Yes No Yes
Number of Forex Pairs 15 61
Offers Major Forex Pairs Yes No Yes
Offers Minor Forex Pairs No Yes
Offers Exotic Forex Pairs No Yes
Offers CFD Trading Yes No Yes
Offers Social Trading No Yes Yes

GO Markets Vs Binance Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both GO Markets and Binance, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both GO Markets and Binance offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with GO Markets or Binance is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with GO Markets or Binance could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on GO Markets, Binance, and all brokers are subject to regulation.

We compare GO Markets vs Binance Crypto options below side by side.

Broker GO Markets binance IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) No Yes Yes
Cryptocurrencies Offered BTC, BCH, BTG, ETH, ETC, EOS, DASH, LTC, NEO, GAS, ZEC, DASH, XRP, BNB, USDT, QTUM, SNT, BNT BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

GO Markets Vs Binance Commission and Fees

knowing your trading and commission fees with GO Markets vs Binance is extremely important. For the majority of the GO Markets 100 financial instruments and Binance 52 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with GO Markets and Binance. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with GO Markets and Binance before you invest because you must know what you are paying.

You ideally want to choose a broker like GO Markets or Binance that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with GO Markets or Binance. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential GO Markets and Binance fees, of course. Make sure you do your research and check the commission and fees with both GO Markets and Binance before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with GO Markets or Binance be aware of or 3rd party payment provider fees and currency conversion fees.

GO Markets does not charge inactivity fees, while Binance does charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant GO Markets and Binance accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your GO Markets or Binance account, or choose to close it.

Usually, the associated fees for dormant GO Markets or Binance accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live GO Markets or Binance trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like GO Markets or Binance you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay GO Markets or Binance nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how GO Markets vs Binance compare side by side for commissions and fees.

Broker GO Markets binance IC Markets
Min Deposit 1 100 200
Inactivity Fees No No
Withdrawal Fees Varies $25 – $35 No
Deposit Fees Varies Varies

GO Markets Vs Binance Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the GO Markets and Binance platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an GO Markets or Binance demo account.

Broker GO Markets binance IC Markets
Offers MT4 Yes No Yes
Offers MT5 No No Yes
Offers cTrader No No Yes

GO Markets Vs Binance Mobile Trading

Trading on your mobile with GO Markets and Binance can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and GO Markets and Binance mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with GO Markets or Binance. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with GO Markets or Binance can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with GO Markets or Binance is essential. Likewise, if you have an android phone, it's crucial to verify if GO Markets or Binance broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if GO Markets and Binance have trading apps compatible with your device.

Broker GO Markets binance IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes yes Yes
Android Trading App Yes yes Yes
Microsoft Trading App Yes yes Yes

GO Markets Vs Binance Trading Account Types Offered

GO Markets Vs Binance Demo Account

A demo account with GO Markets or Binance is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an GO Markets and Binance demo account.

GO Markets Vs Binance Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if GO Markets or Binance offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

GO Markets and Binance do not offer Micro accounts.

GO Markets Vs Binance Standard Account

A standard account is available on GO Markets and Binance to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both GO Markets and Binance do offer clients Standard accounts.

GO Markets Vs Binance MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with GO Markets or Binance or alternative.

GO Markets does offer clients MAM accounts, while Binance does not offer clients MAM accounts.

GO Markets Vs Binance ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with GO Markets or Binance or alternative.

GO Markets does offer clients ECN accounts, while Binance does not offer clients ECN accounts.

GO Markets Vs Binance Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with GO Markets or Binance or alternative.

GO Markets does not offer clients Islamic accounts, while Binance does not offer clients Islamic accounts.

GO Markets Vs Binance STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with GO Markets or Binance or alternative.

GO Markets does offer clients STP accounts, while Binance does not offer clients STP accounts.

GO Markets Vs Binance Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

GO Markets does not offer clients Managed accounts, while Binance does offer clients Managed accounts.

Broker GO Markets binance IC Markets
Offers Demo Accounts No Yes
Offers Micro Accounts No No No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts Yes No Yes
Offers ECN Accounts Yes No No
Offers Islamic Accounts No No Yes
Offers STP Accounts Yes No No
Offers Managed Accounts No Yes No

GO Markets Vs Binance Withdrawal and Funding Methods

GO Markets and Binance have multiple deposit and withdrawal options. Funding and withdrawing from your GO Markets and Binance accounts to your chosen payment method should be straightforward. Lets see how GO Markets and Binance compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from GO Markets or Binance.

Broker GO Markets binance IC Markets
Payment Methods Credit cards, Bank transfer, PayPal, BPAY, POLi, UnionPay, DebitCard, Crypto deposit, Bank Deposit, Credit cards, Debit Cards, PTP Trading, Banxa, Simplex, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

GO Markets Vs Binance Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of GO Markets or Binance support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the GO Markets and Binance support is always available when needed. GO Markets and Binance customer support is not just useful. broker customer support is crucial to your trading success!

GO Markets Vs Binance Live Chat

Live chat is important for several reasons. When you encounter a problem with GO Markets or Binance trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both GO Markets and Binance offer livechat support.

GO Markets Vs Binance Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either GO Markets or Binance you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the GO Markets or Binance support team to answer satisfactorily. Email support with GO Markets and Binance will be needed.

Both GO Markets and Binance offer email support.

GO Markets Vs Binance Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either GO Markets or Binance. We can get straight to the point, saving us time and frustration.

GO Markets do offer phone support. On the other hand Binance do not offer phone support.

Lets see how GO Markets and Binance customer support compare side by side.

Broker GO Markets binance IC Markets
Offers Live Chat Yes Yes Yes
Languages English, French, Chinese, Spanish, Arabic English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected]
Phone 2037134490 No

GO Markets Vs Binance Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether GO Markets and Binance are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that GO Markets or Binance have these in place, please be extremely cautious before you proceed with them.

We compare GO Markets Vs Binance financial regulation and licensing side by side below.

Broker GO Markets binance IC Markets
FCA Regulation No No No
CySEC Regulation No No Yes
MiFID Regulation No No No
ASIC Regulation Yes No Yes
FSCA Regulation No No No
DFSA Regulation No No No
MAS Regulation No No No

GO Markets Vs Binance Risk Management Features

When trading with either GO Markets or Binance you will want to understand and make full use of all the risk management features on your GO Markets or Binance trading platforms.

We compare side by side the trading risk management features offered by GO Markets and Binance below.

GO Markets Vs Binance Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

GO Markets does offer clients hedging, while Binance does not offer clients hedging.

GO Markets Vs Binance Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both GO Markets and Binance do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on GO Markets or Binance. You must still monitor any live trades and your financial exposure and financial risk.

GO Markets Vs Binance Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both GO Markets and Binance do offer clients limit orders.

GO Markets Vs Binance Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both GO Markets and Binance do offer clients negative balance protection.

Broker GO Markets binance IC Markets
Offers Hedging Yes No Yes
Negative Balance Protection Yes
Guaranteed Stop Loss No
Offers Limit Orders Yes Yes
Offers Trailing Stops Yes

GO Markets Vs Binance Verdict

We hope this GO Markets Vs Binance guide has helped you decide who is best to trade with out of GO Markets and Binance.

When choosing a broker like GO Markets or Binance for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with GO Markets or Binance are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as GO Markets or Binance, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with GO Markets or Binance.

Also, before you sign up with online brokers like GO Markets or Binance, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with GO Markets or Binance before investing money into something.

Beware of the risks that come with trading with GO Markets or Binance. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all GO Markets and Binance educational resources and financial research tools. If you are new to trading, sign up for a demo account with GO Markets and Binance to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using GO Markets or Binance will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if GO Markets and Binance fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with GO Markets or Binance if your investment strategy is more long-term.

GO Markets and Binance Alternatives

If GO Markets and Binance are not what you are not quite what you are looking for we list some of the best GO Markets and Binance alternatives below.

Other GO Markets and Binance Vs Comparisons

If you are still looking for an alternative to GO Markets and Binance and want to see how GO Markets or Binance compares Vs other brokers check out the GO Markets Vs and Binance Vs list below.

GO Markets Vs Alternatives

Still not happy have a look at some of our alternative GO Markets Vs side by side comparisons below

Binance Vs Alternatives

Still not happy have a look at some of our alternative GO Markets Vs side by side comparisons below

GO Markets Vs Binance Frequently Asked Questions

We answer some of the most frequently asked GO Markets Vs Binance questions below.

Is GO Markets any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is GO Markets legit? - GO Markets are regulated by Australian Securities and Investments Commission (ASIC) and have been in business since 2009

Is Binance any Good?

Binance are regulated by Unregulated and have been in business since 2011.

Which is better GO Markets or Binance?

GO Markets and Binance do not have a high rating, so we recommend trading with a more reputable alternative broker.

Is GO Markets a con?

GO Markets is regulated by Australian Securities and Investments Commission (ASIC) and have been in business since 2009. We recommend looking at a GO Markets alternative that has more financial regulation.

Is Binance a con?

Binance is regulated by Unregulated and have been in business since 2011. We recommend looking at a Binance alternative that has more financial regulation.

What happens if GO Markets or Binance go bust?

GO Markets and Binance are regulated, which means that as part of their regulatory obligations GO Markets and Binance have to offer a certain level of financial protection to their clients. GO Markets and Binance should by law keep client funds separate from GO Markets and Binance funds. If either GO Markets or Binance goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the GO Markets and Binance websites and regulators.

Are GO Markets or Binance good for beginners?

GO Markets and Binance offer low deposits and access to a selection of market insights and news resources. Both GO Markets and Binance offer demo accounts. Demo trading accounts are a big plus for GO Markets and Binance as it shows they are interested in their customers.


Learn more Learn more about GO Markets.
Losses can exceed deposits