Forex.com vs Oanda
Forex.com | OANDA |
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4.5
Forex.com is #1 in our CFD broker rankings. |
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4.5
OANDA is #4 in our broker rankings. |
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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 | |
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Cons | |
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Awards | |
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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 | |
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 | |
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Stock Exchanges | |
Commodities | |
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 | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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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. | |
More Comparisons | |
Forex.com vs |
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