Alpari vs GO Markets
Compare Alpari vs GO Markets Side by Side
Selecting between Alpari vs GO Markets and wish to see who is better Broker for your trading strategy? We made a detailed comparison between Alpari Review and GO Markets Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.
|Headquarter||St. Vincent and the Grenadines||Australia|
|Licenses||SVG, Belize||Cyprus, Australia, UAE, Seychelles|
|Minimum Deposit||20 US$||200 US$|
|Trading Platforms||MT4, MT5||MT4, MT5, WebTrader|
|Eurusd avg Spread||1.1 pips||1.2 pips|
|Licenses Countries Info (short)|
The Advantage for reliability and trust is on GO Markets side, it is considered more safe broker to trade due to numerous regulations and overseeing by top-tier regulations so legit to accept clients from EU. While Alpari based offshore with low regulation but has long history of operation and good reputation only, making it a relatively trusted broker.
Both Brokers operate as STP Brokers with good execution and low slippage which is good, also a plus for trading transparency. However, Alpari is also Market Making Broker for some instruments due to its nature of trading, like Binary Options also considered risky.
Alpari and GO markets provide relatively similar trading conditions with different pricing models and all strategies allowed suitable for all type of traders beginners, advanced or professional traders.
Fees & Commissions
|Rollover fee eurusd buy 1 lot||-1.31||-1.16|
|Rollover fee eurusd sell 1 lot||0.65||0.78|
|Avg Eurusd standard acc||1.1 pips||1.2 pips|
|Brent oil||1 pips||1.9 pips|
Trading costs for Alpari and GO Markets are very similar for Standard account and Commission based accounts with spreads almost alike, however Alpari is more competitive for Forex ECN account with 1.5$ per lot, compared to GO Plus 3$ commission per side.
Both Alpari and GO Markets has different accounts based on spread or commission, however Alpari also provides PAMM Account and Micro Cent account good for beginners giving them an advantage.
Markets & Instruments
GO Markets has a slightly better instrument range also offering to trade Stocks which is important part of the portfolio, Alpari missing any Shares in its portfolio though provides Binary Options which is not available by EU-regulated brokers.
Trading Platforms are equal for Alpari and GO Markets, both has different platforms, market popular MetaTrader and good range of tools.
Deposit & Withdrawal Methods
Alpari has advantage in the range of different payment methods, however due to its registration in offshore, GO markets provides most reliable and regulated payment methods. Both brokers charges no fees for money transfers.
For additional services like education and customer support, both brokers are very alike, both provides quality education with Webinars and very good Video tutorials, Customer support is responsive and quick with a slight advantage to GO Markets.
Conclusion on Alpari vs GO Markets
Concluding Alpari and GO Markets comparison we found both negative and positive points. Trading costs are almost the same, in combination with relatively similar instrument range but with advantage for GO Markets, also GO Markets is considered more safe to trade due to numerous regulations. Here is our final recommendation:
- Alpari – 🥇 Best Broker for Binary Options and Forex Trading, recommended for beginning traders
- GO Markets – 🥇 Best for MT4 and EAs trading, good for traders looking for powerful MT4 or MT5 platform with low trading fees and account selection