Compare Forex.com Vs GOMarkets: Which is the Better Forex Broker in 2024?
Forex.com Vs GOMarkets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Forex.com Vs GOMarkets, here is the direct comparison:
Compare | Forex.com | GOMarkets |
General Rating |
1.00/5 |
2.13/5 |
Score | ||
Trustpilot |
1.8/5 38 users |
4.7/5 305 users |
πΌ Regulation | ||
β Info | ||
β Established | 1999 | 2008 |
π² Min Deposit | $250 | $200 |
β Max Leverage | 1:200 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $3 | |
π‘ Min Position | 0.1 lot | 0.001 lot |
π³ Payment | Wire transfer, Credit/debit cards and SOFORT | PayPal, Skrill, Wire transfer, Credit/debit cards, Neteller and FasaPay |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | English, Chinese | English, Chinese, Arabic, German, Spanish, French, Indonesian, Italian, Portuguese |
πͺ Trade Now | Open Forex.com | Open GOMarkets |
Compare Again
More Comparisons
- Exness vs FBS
- IC Markets vs Octa
- RoboForex vs XM
- HF Markets vs Pepperstone
- Admirals vs AvaTrade
- ThinkMarkets vs LiteFinance
- eToro vs FXOpen
- InstaForex vs FP Markets
- FXTM vs Markets4you
- FirewoodFX vs Vantage Markets
- FIBOGroup vs BDSwiss
- JustMarkets vs Tickmill
- FxPro vs MTrading
- Grand Capital vs
- More Comparisson
- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Forex.com provides their pricing with Variable spread while GOMarkets offers Variable spread.
Forex.com vs GOMarkets: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Forex.com enables trading with MetaTrader 4 (Limited with 30 days), DealBook 360 (Limited with 30 days), FOREXTrader PRO (Limited with 30 days), Forex.com Website Trading. The offer is supported with Pending orders. In comparison, GOMarkets provides trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5 (Limited with 30 days) with the support of One-click trading, Trailing stop, Pending orders.
Is Forex.com or GOMarkets better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Forex.com supports trading with Forex, CFD, Crypto, while GOMarkets presents the ability of trading with Forex, Gold & silver, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Forex.com and GOMarkets:
- Compare Forex.com vs Interactive Brokers
- Compare Forex.com vs DeltaStock
- Compare Forex.com vs Exness
- Compare GOMarkets vs Admirals
- Compare GOMarkets vs Dukascopy
- Compare GOMarkets vs MTrading
For more comparisons, visit this page.