BrokerRatingGO Markets vs Oanda 2026: which is better?
We compared GO Markets and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- GO Markets offers a swap-free Islamic account; Oanda does not.
- GO Markets offers cTrader, which Oanda does not.
- Oanda holds 7 licences from strong regulators, against 1 for GO Markets.
- Oanda offers Mobile App, which GO Markets does not.
Comparison table
| Comparison table |
GO Markets
Broker
|
Oanda
Broker
|
|---|---|---|
| Licences | ASIC, CySEC, FSC (MU) | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best |
| Minimum deposit | — | $0 |
| Maximum leverage | 1:500 | 1:888 |
| Trading platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, GO WebTrader | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | ✓ Yes |
| Founded | 2006 | 1996 |
| Headquarters | Melbourne, Australia | — |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose GO Markets if you
- need a swap-free Islamic account
- use cTrader
Choose Oanda if you
- want more licences from strong regulators
- use Mobile App
Frequently asked questions
Which is better, GO Markets or Oanda?
We compared GO Markets and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. GO Markets offers a swap-free Islamic account; Oanda does not. GO Markets offers cTrader, which Oanda does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are GO Markets and Oanda regulated?
GO Markets licences: CySEC, ASIC, FSC (MU). Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG).
What is the minimum deposit at GO Markets and Oanda?
GO Markets: not available. Oanda: $0.
Do GO Markets and Oanda offer an Islamic account?
GO Markets: Yes. Oanda: No.