TradeDirect365 vs GO Markets

TradeDirect365 or GO Markets – which is better for UK traders 2024? Compare TradeDirect365 and GO Markets in this detailed breakdown of their platforms, features and fees.

TradeDirect365 vs GO Markets Comparison Table 2024
TradeDirect365 GO Markets
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rating full
3
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3.9
TradeDirect365 is ranked #92 among CFD brokers. GO Markets is ranked #21 among CFD brokers.
Review
Review
Founded by professional trader Davin Clarke in 2014, TradeDirect365 is registered in Australia to provide retail traders with half a thousand CFD products at competitive fees and leverage up to 1:30. The firm is regulated by the ASIC, which is a top-tier regulator and offers fee-free and fast deposit methods. A beginner-friendly web platform is available alongside the popular MT4. GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.
Pros
  • Full range of investments with a particularly strong suite of Australian stocks
  • No minimum deposit makes the broker accessible to beginners
  • Access to the MT4 desktop, web and mobile platform
  • Low, fixed spreads that provide transparent costs
  • Trusted broker regulated by the ASIC
  • Free demo account
  • Rebates on FX and metals for high-volume traders
  • No inactivity fee
  • Copy trading service
  • High leverage up to 1:500
  • No commission with the Standard account
  • 0.01 minimum lot size and zero spreads
  • 24/5 award-winning customer service
  • Trading signals and market insights
  • MetaTrader 4 and MetaTrader 5 platforms
  • Strong regulatory oversight, including CySEC
  • Excellent third-party analysis tools from Autochartist and Trading Central
  • Crypto deposits available in USDT
  • Enhanced investment offering in 2024 with 1000+ new stock CFDs
Cons
  • CloudTrader has an outdated interface
  • Market research trails the best brokers
  • No copy trading service
  • Multiple restricted countries including the US
  • Only two account types
  • $200 minimum deposit
Awards
  • No. 1 For Educational Materials, 2019-2021 - Investment Trends Australia Leverage Trading Report
  • No. 1 For Value for Money, Spreads, Trading Ideas & Strategies and Margin Requirements, 2021 - Investment Trends Australia Leverage Trading Report
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Stocks, Indices, Forex, Commodities, Cryptocurrencies CFDs, forex, indices, shares, energies, metals, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 $200
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, SCB ASIC, CySEC, FSC of Mauritius
Mobile Apps
iOS & Android iOS & Android
Trading App

TradeDirect365 offers the CloudTrader app. The beginner-friendly application is available on Apple and Android devices and offers one-click trading, customizable charts, and basic account management.
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
No Yes
Copy Trading Platform
GO Markets uses the Myfxbook AutoTrade platform to provide investors with the option to copy other traders. Learn from profitable traders with straightforward risk management tools.
Social Trading
No Yes
Trade Signals
MT4 Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$0 $0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • HKD
  • SGD
Commodities
  • Oil
  • Gold
  • Silver
  • Aluminium
  • Copper
  • Zinc
  • Gold
  • Silver
  • Oil
  • Wheat
CFD
Our team was impressed with the range and depth of CFD products available, with more than 500 instruments available on both MT4 and the firm's proprietary CloudTrader. You can go long or short on forex, stocks, indices, commodities and cryptos. Access highly leveraged CFDs across forex, commodities, indices, stocks and bonds with 24/5 customer support. Build a diverse portfolio with hundreds of CFD assets.
Leverage
1:200 1:500
FTSE Spread
0.4 1 - 2.3 points
GBPUSD Spread<
0.8 0.0 - 1.5 pips
Oil Spread
3.0 Variable
Stocks Spread
0.14% (Aus) Variable
Forex
TradeDirect365 offers 30 forex pairs with fixed spreads from 0.6 pips on the AUD/USD and EUR/USD. Retail investors can trade forex with 1:30 leverage and pro traders with 1:200 leverage. Speculate on popular currency pairs with flexible leverage up to 1:500 and zero-pip spreads in the GO Plus account. Commission-free trading is available with micro, mini and standard forex contract sizes.
Assets
30+ 50+
GBPUSD Spread
0.8 0.0 - 1.5 pips
EURUSD Spread
0.6 0.0 - 1.2 pips
EURGBP Spread
0.6 0 - 1.4 pips
Cryptocurrency
DeFi enthusiasts can trade 10 different tokens at TradeDirect365, including Bitcoin and Ethereum. These instruments are available with both of the firm's supported platforms at competitive prices. You can trade crypto 24/7. Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform.
Spread
From 1 Variable
Coins
  • BTC
  • ADA
  • DASH
  • EOS
  • ETH
  • LTC
  • NEO
  • XLM
  • TRX
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
TradeDirect365 GO Markets
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