Garnet Trade

Garnet Trade Pty Ltd, founded in 2010, is headquartered in Sydney, Australia, with additional offices in North Macedonia, the UK, and Canada. The broker operates globally via the MetaTrader 5 (MT5) platform on desktop, web, and mobile devices.

Trading Instruments:

• Offers over 40 Forex pairs and CFDs in indices, stocks, commodities, metals, energies, and more.

Trading Conditions:

• Tight spreads from around 0.4–0.9 pips on EUR/USD; some sources mention spreads starting at 0.5 pip.
• Leverage offered up to 1:500.
• Minimum deposit is USD 100, with funding via bank transfers, credit cards, e‑wallets, USDT, etc.

Regulation & Oversight:

• Australian ASIC-regulated (license #001305577 or 670976977 depending on source), one of the most respected regulators worldwide.
• Also licensed by MISA (Comoros) under license T2023429 and is a member of the Financial Commission, offering client compensation up to €20,000 per dispute.

User Feedback & Reputation:

• Trustpilot reviews average around 4 stars, with clients praising low fees, fast support, and reliable service.
• Reviews quote clients saying “low commission… fast customer support” and “very transparent and reliable”.

Sponsorships & Awards:

• Sponsor of sports teams (Braga, Honda LCR MotoGP, Galatasaray, A.S Monaco 2024–25).
• Awarded “Best MT5 Broker”, “Most Transparent Forex Broker”, “Most Competitive Broker” etc. by industry publications in 2024–2025.