OANDA vs Axofa

OANDA vs Axofa Comparison Table 2023
OANDA Axofa
WINNER
OANDA is the better broker
4.5

OANDA is #1 in our broker rankings.

1.5

Axofa is #12 in our CFD broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

OANDA offers 70 forex pairs with two competitive pricing models and a substantial welcome deposit bonus

Axofa is a multi-asset broker with deposit bonuses and an in-house trading app.

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
  • Demo account
  • Low minimum deposit
Cons
  • No copy trading
  • No MT4 integration
  • Weak regulatory oversight
Awards
  • 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
$5,000 welcome bonus with a deposit of $500 10% Deposit Bonus
Instruments
Forex Forex, CFDs, Stocks, Indices, Commodities
Demo Account
Yes Yes
Minimum Deposit
$0 $1
Payment Methods
Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits
Minimum Trade
$0 0.01 Lots
Regulator
CFTC, NFA SVGFSA
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
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
No Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
FxTrade, MT4 iOS & Android
Auto Trading
EAs EAs
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
  • IDR
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Take positions on well-known markets with flexible leverage.
Leverage
1:30 EU, 1:200 Global 1:1000
FTSE Spread
1.0 NA
GBPUSD Spread<
3.4 From 1.6 pips
Oil Spread
3.0 From 1.6 pips
Stocks Spread
Not offered NA
Forex Trading
Take positions on major, minor and exotic currency pairs with competitive trading conditions. Trade major and minor exotic pairs with low spreads.
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
3.4 From 1.6 pips
EURUSD Spread
1.6 From 1.6 pips
EURGBP Spread
1.7 From 1.6 pips
Assets
70 10+
Cryptocurrency
Speculate on the world's biggest cryptos by market cap Crypto trading not offered
Spread
$100
Coins
  • 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
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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