OANDA vs GO Markets
| OANDA | GO Markets |
|---|---|
4.5
OANDA is #4 in our broker rankings. |
3.7
|
 Traders from US accepted |
Traders from US not accepted |
|
OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions. |
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. |
| CFDs are not available to residents in the United States. | |
| Bonus Offer | |
| $5,000 welcome bonus with a deposit of $500 | 30% cash rebate |
| Comment by Reviewer | |
| "We recommend OANDA for traders seeking a user-friendly platform with premium market research and a straightforward joining process. OANDA is a particularly good pick for US traders with authorization from local regulators and a secure trading environment." | "GO Markets is an excellent choice for active traders with access to powerful trading tools and tight spreads from 0.0 pips. Beginners can also take advantage of the broker's copy trading tool, free demo account and education center." |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Forex | CFDs, forex, indices, shares, energies, metals, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $200 |
| Payment Methods | |
| Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits | |
| Minimum Trade | |
| $0 | 0.01 lots |
| Regulator | |
| CFTC, NFA | ASIC, CySEC, FSC of Mauritius |
| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| Yes | No |
| Autochartist | |
| Yes | Yes |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| FxTrade, MT4 | iOS & Android |
| Auto Trading | |
| EAs | 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 | |
| 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 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| CFD trading not offered | 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 | |
| 1:30 EU, 1:200 Global | 1:500 |
| FTSE Spread | |
| 1.0 | 1 - 2.3 points |
| GBPUSD Spread | |
| 3.4 | 0.0 - 1.5 pips |
| Oil Spread | |
| 3.0 | Variable |
| Stocks Spread | |
| Variable | Variable |
| Forex Trading | |
| OANDA offers over 70 forex pairs, more than many alternatives. The broker's in-house platform also offers impressive execution speeds and a suite of advanced charting and analysis tools. | 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. |
| Forex App | |
The FxTrade app is OANDA’s proprietary forex trading application. One-click trading, historical price history and straightforward account management is available. Traders can speculate on 70 major, minor and exotic currency pairs. The forex app is available to download from the Apple App Store and Google Play. |
|
| GBPUSD Spread | |
| 3.4 | 0.0 - 1.5 pips |
| EURUSD Spread | |
| 1.6 | 0.0 - 1.2 pips |
| EURGBP Spread | |
| 1.7 | 0 - 1.4 pips |
| Assets | |
| 70 | 50+ |
| Cryptocurrency | |
| Speculate on the world's biggest cryptos by market cap. Commissions are lower than many peers starting at 0.25%. Users can also trade digital currencies in a few taps through the iOS and Android mobile app. | Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform. |
| Spread | |
| $100 | Variable |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
|
|
|
| CFDs are not available to residents in the United States. | |
| More Comparisons | |
|
OANDA vs |
GO Markets vs |