Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
GODO
$10.00Tightest Spreads
OctaFX
From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. pipsHighest Leverage
GODO
1:Up to 1:500Best Rated
OctaFX
Mobile Trading
Both
✓✓General Information
GODO
Regulation
FSC (Mauritius)
Founded
N/A
Headquarters
Mauritius
Overall Rating
OctaFX
Regulation
CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)
Founded
N/A
Headquarters
Vincent
Overall Rating
Trading Conditions
| Feature | GODO | OctaFX |
|---|---|---|
| Minimum Deposit | $10.00 | $25.00 |
| Average Spreads | Starting from 0.0 pips on Zero accounts; 0.7 pips on Pro; 1.2 pips on Standard | From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. |
| Maximum Leverage | Up to 1:500 | Up to 1:1000 |
| Commission | None | None |
Account Types
GODO
OctaFX
Platforms & Tools
GODO
MetaTrader 4, MetaTrader 5, cTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
OctaFX
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
GODO
Deposit Methods
bank wire transfer, debit/credit cards, Skrill/e-wallets and other electronic transfers (official terms list bank transfer, card, Skrill and “other acceptable e-wallets”)
Withdrawal Methods
bank transfer, credit/debit card refunds, Skrill/e-wallets (subject to KYC and the company’s withdrawal policy). Official terms state withdrawals are processed to the originating payment method where possible. Minimums and fees vary by method and country.
Withdrawal Fee
None
OctaFX
Deposit Methods
Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Bank Wire Transfer, Cryptocurrencies (Bitcoin, USDT, 10+ options).
Withdrawal Methods
Same as deposits: Processed same-day for e-wallets/crypto; 1-3 days for wires. Broker covers all fees (third-party may apply).
Withdrawal Fee
None
Support
GODO
Support Languages
Website offers multiple regional pages (English + localized pages suggested). The main site is English; localized (country) pages are visible.
Support Channels
24/7 via email (cs@godocm.com), phone (+230 5 255 6115), live chat, and WhatsApp; response times vary, with some users noting quick initial help but slower resolutions.
Account Manager
Available
OctaFX
Support Languages
English, Arabic, Chinese, Spanish, Indonesian, Malay, Thai, Vietnamese – 10+ for Asian/global users.
Support Channels
24/7 via Live Chat, Email (support@octafx.com), WhatsApp/Phone; Response <1 min.
Account Manager
Available
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