NicoFX vs Oanda

NicoFX vs OANDA Comparison Table 2022
NicoFX OANDA
WINNER
OANDA is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
4.5
United States Flag Traders from US accepted
NicoFX facilitates trading in forex and precious metals under CySEC regulation. 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.
Awards
  • Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
  • Best STP Broker 2016 - MENA Awards
  • 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
$5,000 welcome bonus with a deposit of $500
Instruments
Forex, Metals Forex
Demo Account
Yes Yes
Minimum Deposit
$100 $0
Payment Methods
Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits
Minimum Trade
0.01 lots $0
Regulator
CySEC CFTC, NFA
Margin Trading
Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
Yes
Autochartist
Yes
eSignal
No
Trading Central
No
STP Account
No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
No
Market Maker
Yes
P2P Trading
No
Spot Trading
Yes
Mobile Apps
Yes FxTrade, MT4
Auto Trading
Yes (EAs) EAs
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
Yes
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • HKD
  • SGD
Stock Exchanges
Commodities
Forex Trading
Start trading a long list of leading currencies with up to 1:30 leverage. Take positions on major, minor and exotic currency pairs with competitive trading conditions.
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
From 0.9 3.4
EURUSD Spread
From 0.9 1.6
EURGBP Spread
From 0.9 1.7
Assets
38 70
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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