Overview of GO Markets fees and charges
When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.
If fees are your top concern, GO Markets is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.
I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how GO Markets fared:
- GO Markets charges low FX fees and low CFD fees.
- There is no inactivity fee even if you leave your account idle for a long time.
- The basic withdrawal fee is $0, but some transactions may cost more.
- Read our full review of GO Markets for info on safety, trading platforms and funding.
| Assets | Fee level | Fee terms |
|---|---|---|
| EURUSD | Low | GO Plus+ account: €2.00 commission per lot per trade plus spread cost. 0.2 pips is the average spread cost during peak trading hours. |
| GBPUSD | Low | GO Plus+ account: €2.00 commission per lot per trade plus spread cost. 0.4 pips is the average spread cost during peak trading hours. |
| S&P 500 CFD | Average | The fees are built into the spread, 0.6 points is the average spread cost during peak trading hours. |
| Inactivity fee | Low | No inactivity fee |
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62% of retail CFD accounts lose money
Low FX fees
This is compared to its main competitors. The commission charged is €3 per lot per trade.
|
commission per lot
|
2.00 | 2.25 | 3.00 |
|---|---|---|---|
|
EURUSD spread
|
0.2 | 0.0 | 0.1 |
|
GBPUSD spread
|
0.4 | 0.0 | 0.3 |
|
AUDUSD spread
|
0.2 | 0.0 | 0.4 |
|
EURCHF spread
|
0.5 | 0.2 | 0.6 |
|
EURGBP spread
|
0.3 | 0.0 | 0.3 |
Low CFD fees
|
S&P 500 index CFD fee
|
$3.3 | $2.5 | $3.5 |
|---|---|---|---|
|
Euro Stoxx 50 index CFD fee
|
$3.2 | $2.6 | $3.3 |
|
Apple CFD fee
|
$3.6 | $3.2 | $16.3 |
No inactivity fee, no withdrawal fee
There is no account or inactivity fee and deposits and withdrawals are also free of charge. However, your bank might charge some fees when making transfers.
| Broker | Inactivity fee | Withdrawal fee |
|---|---|---|
| GO Markets | $0 | |
| Fusion Markets | $0 | |
| Vantage | $0 |
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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
