Forex.com vs Oanda

Forex.com vs OANDA Comparison Table 2023
Forex.com	OANDA
Review 4.5 Forex.com is #1 in our CFD broker rankings.	Review 4.5 OANDA is #4 in our broker rankings.
Traders from US accepted	Traders from US accepted
Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.	OANDA offers 70 forex pairs with two competitive pricing models and a substantial welcome deposit bonus
	OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
Pros
Highly rated Demo account MT4 integration Low minimum deposit Fast execution speed Full range of investments Strong regulatory oversight Multiple account currencies
Cons
No copy trading
Awards
Best CFD Broker 2022 - Rankia Best HNW Service 2022 - Dubai Forex Expo Best US Broker 2020 - DayTrading.com Best US Broker 2019 - DayTrading.com Runner-Up - Best Forex Broker 2019 - DayTrading.com	Best US Broker 2023 - DayTrading.com Best Trading Tools winner (Online Personal Wealth Awards 2021) Awarded highest overall client satisfaction (Investment Trends 2021 US Leverage Trading Report, Margin Forex) Awarded highest client satisfaction for mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex) Voted Most Popular Broker 2021 (TradingView Broker Awards) Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards)
Bonus
No	$5,000 welcome bonus with a deposit of $500
Instruments
Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options	Forex
Demo Account
Yes	Yes
Minimum Deposit
$100	$0
Payment Methods
ACH Transfer Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer	Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits
Minimum Trade
$1	$0
Regulator
CySEC, IIROC, NFA, CFTC, FCA, CIMA	CFTC, NFA
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	Yes
Autochartist
Yes	Yes
eSignal
Yes	No
Trading Central
Yes	No
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	FxTrade, MT4
Auto Trading
Automated trading supported through platforms (MT4)	EAs
Copy Trading
No	No
Social Trading
No	No
Trade Signals
SMART Signals
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$15
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD CHF	USD EUR GBP CAD AUD JPY CHF HKD SGD
Stock Exchanges
Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng London Stock Exchange Nasdaq Russell 2000
Commodities
Cocoa Coffee Cotton Gold Livestock Natural Gas Oil Silver Soybeans Sugar Wheat	Copper Corn Gold Palladium Platinum Silver Wheat
CFD Trading
Go long and short on a range of popular financial markets with low fees.	CFD trading not offered
Leverage
1:200	1:30 EU, 1:200 Global
FTSE Spread
1 pt	1.0
GBPUSD Spread
1.0 Var	3.4
Oil Spread
0.04 Var	3.0
Stocks Spread
0.1% (Min Commission Applies)	Variable
Forex Trading
Forex.com is a leading FX broker. Offering a large range of currency pairs and some of the tightest spreads in the industry.	Take positions on major, minor and exotic currency pairs with competitive trading conditions.
Forex App
Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.	The FxTrade app is OANDA’s proprietary forex trading application. One-click trading, historical price history and straightforward account management is available. Traders can speculate on 70 major, minor and exotic currency pairs. The forex app is available to download from the Apple App Store and Google Play.
GBPUSD Spread
1.0 Var	3.4
EURUSD Spread
0.8 Var	1.6
EURGBP Spread
0.8 Var	1.7
Assets
80+	70
Cryptocurrency
Trade the major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account. Note, cryptos are not available in the US, UK or Canada.	Speculate on the world's biggest cryptos by market cap
Spread
BTC 1.4%, ETH 2%	$100
Coins
BTC BCH ETH LTC XRP	BTC ETH LTC BCH PAXG LINK MATIC UNI AAVE SOL
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
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