Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
GODO
$10.00Tightest Spreads
switchmarkets
From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). pipsHighest Leverage
GODO
1:Up to 1:500Best Rated
switchmarkets
Mobile Trading
Both
✓✓General Information
GODO
Regulation
FSC (Mauritius)
Founded
N/A
Headquarters
Mauritius
Overall Rating
switchmarkets
Regulation
ASIC (Australia)
Founded
N/A
Headquarters
Australia
Overall Rating
Trading Conditions
| Feature | GODO | switchmarkets |
|---|---|---|
| Minimum Deposit | $10.00 | $40.00 |
| Average Spreads | Starting from 0.0 pips on Zero accounts; 0.7 pips on Pro; 1.2 pips on Standard | From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). |
| Maximum Leverage | Up to 1:500 | Up to 1:1000 |
| Commission | None | None |
Account Types
GODO
switchmarkets
Platforms & Tools
GODO
MetaTrader 4, MetaTrader 5, cTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
switchmarkets
MetaTrader 4, 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
switchmarkets
Deposit Methods
Bank Wire, Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Cryptocurrencies (Bitcoin, Ethereum), Local Methods (e.g., FPS for Asia). Instant processing for most; no deposit fees except crypto blockchain.
Withdrawal Methods
Same as deposits; processed 24–72 hours, with 0.5%–2% fees.
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
switchmarkets
Support Languages
English, Spanish, Arabic, Chinese, Malay, Indonesian (multilingual support).
Support Channels
24/5 live chat, email, WhatsApp; highly rated for responsiveness (4.7/5 on Trustpilot).
Account Manager
Available
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