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Garnet Trade vs FOREX.com
Both forex brokers have built a positive reputation, and feedback from our members supports that.
Both brokers have the same overall rating, 0.
Both brokers have the same minimum deposit of 100.0.
Both platforms offer their clients demo accounts, mobile trading, scalping.
Traders should note that
both companies offer the same minimum lot size 0.01, but Garnet Trade has a maximum lot size of 100.0, while FOREX.com offers 1000.0.
Garnet Trade offers a greater leverage limit of 1:500, whereas FOREX.com allows a maximum of only 1:400.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 100.0 | 100.0 |
| Commission | 0.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 4 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 100.0 | 1000.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN, NDD, DMA, Prime of Prime, Pro | Market Maker |
| Maximal leverage (1:?) | 500 | 400 |
| Availability | STP, ECN, NDD, DMA, Prime of Prime, Pro | Market Maker |
| Regulation | - | CySEC (Cyprus), CIMA (Cayman Islands), MAS (Singapore), SCA (UAE) |
| Trading Platforms | MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Crypto, USDT, Visa, Mastercard, cryptoPay | Wire Transfer, Credit Card, Debit Card |
| Account Currency | USD | USD, GBP, EUR, CHF, JPY, NZD |
| Languages | English, Spanish, French, German, Portuguese, Italian, Russian, Arabic, Farsi, Turkish, Persian | English, Spanish, Chinese, Arabic |
| Country | Australia | Cayman Islands |
| Trading platform(s) timezone | Canada, United Kingdom | Cayman Islands |
| Other trading instruments | Stocks, Options, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals, Share CFDs, Other, Forex, Cryptos*, CFDs on Indices, CFDs: Indices, Commodities, Energies, Equities | CFDs: Indices, Commodities, Energies |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
