Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
InstaForex
$1.00Tightest Spreads
InstaForex
From 0.0 pips pipsHighest Leverage
GODO
1:Up to 1:500Best Rated
InstaForex
Mobile Trading
Both
✓✓General Information
InstaForex
Regulation
FSC (Mauritius)
Founded
N/A
Headquarters
British Virgin Islands (headquartered)
Overall Rating
GODO
Regulation
FSC (Mauritius)
Founded
N/A
Headquarters
Mauritius
Overall Rating
Trading Conditions
| Feature | InstaForex | GODO |
|---|---|---|
| Minimum Deposit | $1.00 | $10.00 |
| Average Spreads | From 0.0 pips | Starting from 0.0 pips on Zero accounts; 0.7 pips on Pro; 1.2 pips on Standard |
| Maximum Leverage | Up to 1:1000 | Up to 1:500 |
| Commission | None | None |
Account Types
InstaForex
GODO
Platforms & Tools
InstaForex
MetaTrader 4, MetaTrader 5, cTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
GODO
MetaTrader 4, MetaTrader 5, cTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
InstaForex
Deposit Methods
🏦 Bank Wire Transfer, 💳 Credit/Debit Cards (Visa, Mastercard), ₿ Cryptocurrencies (e.g., Bitcoin), 💸 E-wallets (e.g., Skrill, Neteller), 🌍 Local payment methods (varies by region).
Withdrawal Methods
🏦 Bank Wire Transfer, 💳 Credit/Debit Cards, ₿ Cryptocurrencies, 💸 E-wallets (Skrill, Neteller).
Withdrawal Fee
None
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
Support
InstaForex
Support Languages
English, Russian, Spanish, Chinese, Arabic, Indonesian, Malay, Thai, Vietnamese, Hindi, and more (over 20 languages supported, based on global reach)
Support Channels
InstaForex offers 24/7 customer support via email, live chat, callback requests, and specialized departments to assist traders worldwide.
Account Manager
Available
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
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