eToro vs GO Markets compared

eToro
GO Markets
Your capital is at risk
62% of retail CFD accounts lose money
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Markets and products score
    4.7
    /5
  • Customer service score
    4.0
    /5
  • Trading platform combined score
    4.8
    /5
  • Markets and products score
    1.4
    /5
  • Customer service score
    1.7
    /5
  • Trading platform combined score
    3.5
    /5
Recommended for
  • Beginners
    4.7
    /5
  • Equity
    4.7
    /5
  • Forex
    4.2
    /5
You can open an account in United States
You can't open an account in United States
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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.9

Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading

Best broker for beginners

Overall Score
4.1

Recommended for Forex traders who like the MetaTrader platform

Country of origin

Israel

Country of origin

Australia

Fees

Fees score
4.2
Fees score
4.3
Fees summary

Low trading fees, high non-trading fees, free stock and ETF trading

Fees summary

Low trading and non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.8
Deposit and withdrawal score
5.0
Number of base currencies

1

Number of base currencies

10

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
4.5
Account opening fully online
Account opening fully online
Minimum deposit
*

$50

*
Minimum deposit
*

$99

*
Time to open account

1 day

Time to open account

1 day

Required documents

Proof of identity: passport / personal ID Proof of residency: utility bill

Required documents

Proof of identity: passport, driver's license, identity card, residence permit Proof of address: bank statements, utility bills not older than 3 months, internet/cable TV/house phone line bills, tax returns, council tax bills, government-issued certifications of residence

Trading platform

Web platform score
4.4
Web platform score
2.8
Mobile platform score
4.9
Mobile platform score
3.8
Desktop platform score
-
Desktop platform score
3.4

Markets and products

Markets and products score
4.7
Markets and products score
1.4
Stocks
Stocks
Fractional shares
*
*
Fractional shares
ETFs
ETFs
Forex
*
*
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 81.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

CFD disclaimer

Disclaimer: 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
3.5
Research score
2.5
Charting quality

Great

Charting quality

Mid-range

Education score
5.0
Education score
5.0
Demo account
Demo account

Customer service

Customer service score
4.0
Customer service score
1.7
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000 for UK residents, €20,000 for non-UK residents

Investor protection amount

€20,000 under CySEC, no protection for other clients

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2007

Foundation date

2006

Country of regulation

UK, Cyprus, Australia

Country of regulation

Cyprus, Australia, Mauritius

eToro

For detailed information and hands-on experience, read our review of this broker.

GO Markets

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

eToro's service is slightly better than GO Markets's and a comparison of their fees shows that eToro's fees are similar to GO Markets's.

Account opening takes somewhat less effort at eToro compared to GO Markets, deposit and withdrawal processes are more complicated at eToro, while customer service quality is better than GO Markets's.

Our experts rated the trading platform of eToro as better than the platform of GO Markets, found that clients have access to much more markets and products with eToro, while GO Markets provides somewhat lower-quality research and education.

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