InstaForex vs OANDA

InstaForex vs OANDA Comparison Table 2023
InstaForex	OANDA
Review 4.1	Review 4.5 OANDA is #4 in our broker rankings.
Traders from US not accepted	Traders from US accepted
InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.	OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
	CFDs are not available to residents in the United States.
Bonus Offer
30% - 100% Welcome Bonus	$5,000 welcome bonus with a deposit of $500
Promotions
Claim A 100% Deposit Bonus At InstaForex
Comment by Reviewer
	"We recommend OANDA for traders seeking a user-friendly platform with premium market research and a straightforward joining process. OANDA is a particularly good pick for US traders with authorization from local regulators and a secure trading environment."
Pros
Demo account Full range of investments MT4 and MT5 integration Low minimum deposit Wide range of payment methods	Industry-leading platforms including MT4 and TradingView Reliable, trustworthy and secure brand with authorization from tier-one regulators API facilitates access to 25 years of historical data and rates from 200+ currencies The OANDA web platform offers advanced charts plus guaranteed stop-loss orders (GSLOs) Feature-rich app with 50 indicators, 11 drawing tools and 9 charting styles Wide selection of instruments including 70+ forex pairs Transparent pricing structure with no hidden charges Low minimum deposit for beginners US clients accepted
Cons
	Stock trading not available in all countries Customer support not available on the weekend
Awards
Best Forex Broker by International Investor Awards 2022	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)
Instruments
Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options	Forex
Demo Account
Yes	Yes
Minimum Deposit
$/€1	$0
Payment Methods
Bank cards plus international and local transfer solutions	Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits
Minimum Trade
0.01 Lots	$0
Regulator
BVI FSC	CFTC, NFA
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	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 and Android + browser based platform	FxTrade, MT4
Auto Trading
Yes	EAs
Copy Trading
No	No
Copy Trading Platform
InstaForex offers a popular copy trading solution suitable for beginners.
Social Trading
No	No
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Islamic Account
Yes	No
Account Currencies
USD EUR GBP PLN CZK	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
Copper Gold Natural Gas Oil Palladium Silver	Copper Corn Gold Palladium Platinum Silver Wheat
CFD Trading
Use leveraged CFDs to speculate on popular financial assets with tight spreads.	CFD trading not offered
Leverage
1:1000	1:30 EU, 1:200 Global
FTSE Spread
Av. Floating 100 pips	1.0
GBPUSD Spread
Av. Floating 0.6	3.4
Oil Spread
2 pips	3.0
Stocks Spread
Floating, commissions as low as 0.01%	Variable
Forex Trading
Go long or short on a range of major and minor currency pairs with tight spreads.	OANDA offers over 70 forex pairs, more than many alternatives. The broker's in-house platform also offers impressive execution speeds and a suite of advanced charting and analysis tools.
Forex App
	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
Av. Floating 0.6	3.4
EURUSD Spread
Av. Floating 0.2	1.6
EURGBP Spread
Av. Floating 0.5	1.7
Assets
1000+	70
Currency Indices
USD
Cryptocurrency
InstaForex offer crypto CFD trading on leading tokens with very low fees.	Speculate on the world's biggest cryptos by market cap. Commissions are lower than many peers starting at 0.25%. Users can also trade digital currencies in a few taps through the iOS and Android mobile app.
Spread
From 0%	$100
Coins
BCH BTC ETH LTC XRP and50+more	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
	CFDs are not available to residents in the United States.
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