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GO Markets vs Oanda : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

GO Markets

GO Markets

VS
Oanda

Oanda

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Both STP and Market maker broker

Market maker

Years of Existence / Established Year

2006

1996

Customer Base / Number of Accounts

No information

50M


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Regulation & Security

Regulations (governing bodies)

CySEC, FSC, ASIC

CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI

Awards Won (count for the last 2 years)

Most Trusted Global Forex Broker, Asia 2024, Best Global Forex Broker, Asia 2024

Broker of the year by TradingView Awards 2023 Most popular broker 3 years in a row in TradingView Awards 2020, 2021, 2022

Security Measures

FSCS

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

1000+ products including Share CFDs, Index CFDs, Treasury CFDs

68+ major currency pairs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

No

cTrader

Yes

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

No

Oanda Mobile and Tablet apps

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Go Plus account and standard account

Standard account Corporate account Professional trading account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$0

$0

Leverage Available

20:1 to 500:1

50:1

Trade Limit (maximum per trade)

Depends on assets type

Varies by instrument

Commission (per account type)

Plus account- $2.50 per side on FX standard lot, Standard account -$0

Standard - $50/M Premium - $50/M Premium Plus - $40/M

Best Suited For (e.g., beginners, experienced traders)

Beginner to experienced traders

Only experienced


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Deposit & Withdrawal Options

Deposit Methods

Master card, Visa, Skrill, Neteller, Bank Transfer

Bank Wire Transfer ACH Debit card

Withdrawal Methods

Master card, Visa, Skrill, Neteller, Bank Transfer

Debit card Bank Wire transfer

Other E-Wallets Supported

Skrill, Neteller

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Education Online Courses, Market Analysis and Insights, Webinars, Trading Guides and eBooks, Video Tutorials, GoMarkets Blog Market News and Analysis, Technical Analysis Reports

Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators


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Fees & Commissions

Trading-Related Fees

Spread starts from 0.0 pips

Spread starts from 0.0, commission- $30 per 1M

Spread (typical, fixed, variable)

Typical

Typical

Per Lot Fees

Cryptocurrencies: $10 per lot, Spot Brent and Spot WTI: $15 per lot, FX and metals: $40 per lot, BTC: $50 per lot

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

500:1

50:1


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Non-Trading Fees

Dormant Fees

$0

10 units of the currency for inactivity atleast 12 months.

Subscription Fees (for premium features, data feeds)

$25

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

Vary on instruments and change on a daily basis

Statement or Document Fee

NA

$0

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

$0

Deposit Fee

$0

$0

Currency Conversion Fee

Euro:€2.00 per side, Great British Pound: €2.00 per side, New Zealand Dollar: NZ$3.50 per side, United States Dollar: US$2.50 per side

0.50%

Withdrawal Fee

$0

USD - First withdrawal fee in a calendar month Bank transfer / wire transfer - $20 Debit card - no feeUSD - additional withdrawals in a calendar month Bank transfer / wire transfer - fee + $15 Debit card - $15ACH - No fee


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Monday 00:00 to Friday 24:00 (Platform time)

All FX products - Sunday 17:05 - Friday 16:59 Cryptocurrency - 24/7


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24x5

Customer Support Methods (phone, email, live chat)

Call: +230 5869 0074, E-mail: [email protected], Go markets Quick support

Email: mailto:[email protected] Monday to Friday - 8:00 to 20:00 CET Poland (+48)799366830 Malta (+356)20345018 Spain (+34)910479707 France (+33)182884361 Germany (+49)6995019607

Support Languages

18+

4


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Additional Information

Headquarters Location

Level 7 Office 12, ICONEBENE, Lot B441, Rue de L'Institut, Ebene

Dashwood House 64, Old Broad Street London EC2M 1QS

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
GO Markets stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Oanda offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
New users will likely find GO Markets sign-up process more intuitive. Meanwhile, Oanda takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
If you're looking for platform speed and ease of execution, GO Markets delivers a smooth experience. Oanda, however, is tailored toward traders who want deeper analysis tools and portfolio insights.
GO Markets delivers a robust ecosystem for seasoned traders, whereas Oanda focuses on ease of access and modern usability.