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Side-by-Side Comparison Independent Updated Oct 23, 2026

GO Markets vs OANDA 2026: Which Broker is Better?

Compare GO Markets and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

GO Markets

OANDA

VS
GO MarketsOANDA
BrokerRank Score3.3/54.3/5 ✓
Min. Deposit$200$0 ✓
Spread from0.1 pips ✓0.6 pips
Max Leverage1:500 ✓1:50
RegulationASIC, CySECCFTC, FCA, ASIC ✓
PlatformsMT4, MT5MT4, Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
OANDAGO Markets
Best for Low Fees
GO MarketsOANDA
Best for Regulation
OANDAGO Markets
Best Overall
OANDAGO Markets
Quick Answer

OANDA is the better choice overall, scoring 4.3/5 vs 3.3/5 on BrokerRank's independent rating. On fees, GO Markets offers lower spreads (0.1 pips).

See full side-by-side comparison below

GO Markets vs OANDA: Key Differences

Feature

GO Markets

OANDA

Winner
Our Rating
3.3 / 5
4.3 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0.1 pips
0.6 pips
Commission
$3/lot
None
Regulated By
CFTCFCAASICMASCIROBVI FSCKNF
Platforms
MT4, MT5
MT4, Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Crypto
Forex, Cfd, Indices, Commodities
Founded
2006
1996
Headquarters
Melbourne, Australia
New York, USA
Score
1 / 5
4 / 5

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Fees Comparison

Fee

GO Markets

OANDA

Spread From
0.1 pips
0.6 pips
Commission
$3/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

GO Markets scores 3.33/5 while OANDA scores 4.34/5 in our independent rating.

OANDA edges ahead overall, but GO Markets may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

GO Markets

GO Markets

3.3/5

Choose GO Markets if you want…

  • Tighter spreads (from 0.1 pips)
  • Higher leverage (up to 1:500)
  • More market types (5)
OANDA

OANDA

4.3/5

Top pick

Choose OANDA if you want…

  • Higher overall rating (4.3/5)
  • No per-trade commission
  • No minimum deposit
  • More regulatory licences (7)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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FCA
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4.0
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Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both GO Markets & OANDA are available in

Frequently Asked Questions

1

Is GO Markets better than OANDA?

OANDA scores higher overall on our independent rating system. GO Markets holds a 3.3/5 rating vs OANDA's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, GO Markets or OANDA?

GO Markets offers spreads from 0.1 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for GO Markets vs OANDA?

GO Markets requires a minimum deposit of $200. OANDA requires $0.

4

Which broker is safer, GO Markets or OANDA?

GO Markets is regulated by ASIC, CySEC, while OANDA holds licences from CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF.

5

What trading platforms do GO Markets and OANDA support?

GO Markets supports MT4, MT5. OANDA supports MT4, Proprietary Web, Proprietary Mobile.

6

Can I use both GO Markets and OANDA?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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