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Garnet Trade vs OEXN
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Garnet Trade currently holds a lower overall rating (0) compared to OEXN (4.8).
Garnet Trade has a higher minimum deposit than OEXN, at 100.0.
Both platforms offer their clients bonuses, 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 OEXN offers 1000.0.
Garnet Trade offers a lower maximum leverage of 1:500, whereas OEXN allows trading with up to 1:1000.
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 | 50.0 |
| Commission | 0.0 | 8.0 |
| 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 | Fixed, Variable |
| Broker type | STP, ECN, NDD, DMA, Prime of Prime, Pro | STP, ECN, Market Maker, NDD, DMA |
| Maximal leverage (1:?) | 500 | 1000 |
| Availability | STP, ECN, NDD, DMA, Prime of Prime, Pro | STP, ECN, Market Maker, NDD, DMA |
| Regulation | - | CySEC (Cyprus), FSC (Mauritius) |
| 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 | Credit Card, Debit Card, Online Check, Money Order, Moneybookers, Perfect Money, WebMoney, Neteller, UnionPay, Skrill, FasaPay, Bitcoin, WeChat Pay, iDeal, TrustPay, Sofort Banking, Klarna, Przelewy, Boleto, Giropay, POLi, Trustly, Broker to Broker, Sticpay, PayRetailers, Payment Asia, SEPA, Crypto, Help2pay, USDT |
| Account Currency | USD | USD, EUR |
| Languages | English, Spanish, French, German, Portuguese, Italian, Russian, Arabic, Farsi, Turkish, Persian | English, Greek, Mandarin, Chinese, Indonesian, Malay, Vietnamese, Czech, Serbian, Simplified Chinese, Traditional Chinese, Bahasa Malay, Bahasa Indonesia |
| Country | Australia | Cyprus |
| Trading platform(s) timezone | Canada, United Kingdom | China, Mauritius, Malaysia, Thailand, Vietnam |
| 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 | - |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
