OANDA vs Easy Markets
OANDA Review 2023 | Easy Markets Review 2023 |
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4.3
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3
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OANDA is an award-winning global broker, established in 1996. The hugely respected brand offers competitive trading accounts and serves clients from 196 countries. It has proven a popular option with both beginners and experienced traders thanks to its user-friendly and sophisticated web platform, no minimum deposit and premium currency products and services. The company is also overseen by reputable regulators, including the FCA, ASIC and CIRO. |
easyMarkets is a multi-regulated forex broker offering leveraged trading opportunities on forex, stocks, indices, commodities and crypto. With fixed spreads, an affordable initial deposit, regulation from several reputable bodies and a diverse selection of account currencies, this broker provides simple and straightforward trading solutions to a diverse range of traders. |
Comment by Reviewer | |
"OANDA will serve traders looking for a trustworthy broker with a beginner-friendly platform, best in class research and straightforward account opening. The $0 minimum deposit makes it especially attractive to newer traders and those on a budget." | "Casual traders who want a secure and straightforward trading environment will find a good broker in easyMarkets. The fixed spreads and upfront fees will also appeal to newer traders and cost-conscious investors." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, Spreadbetting, CFD, Forex, Crypto | Stocks, CFD, Forex, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | €100 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$0 | Variable |
Regulator | |
FCA, ASIC, MFSA, MAS, CIRO, FFAJ, BVI | CySec, ASIC, BVI, FSCA |
Margin Trading | |
Yes | No |
Margin Rate | |
2% | |
STP Account | |
No | No |
ECN Account | |
No | 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 | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
OANDA Trade, MT4 | iOS, Android and Windows |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | Yes |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Speculate on popular financial assets covering forex, commodities, indices, metals and bonds. Clients can trade CFDs on the award-winning MT4 platform or the firm's beginner-friendly web trader. | Trade CFDs on hundreds of instruments including forex, equities, commodities, indices and cryptocurrencies with fixed or variable spreads and no commission charges. The CFD trading environment is intuitive and secure. |
Leverage | |
1:30 | 1:30 |
FTSE Spread | |
1.0 | |
GBPUSD Spread | |
1.4 | 0.9 (MT4) |
Oil Spread | |
3.0 | 3 pips |
Stocks Spread | |
Variable | 0.1% Var |
Forex Trading | |
OANDA offers 68 currency pairs, more than most forex brokers, covering majors, minors and exotics. The OANDA Trade platform also offers powerful technical analysis tools while average execution speeds are fast at 12 ms. | Trade 60+ forex pairs including majors, minors and a selection of exotics and crosspairs with fixed spreads from 1.8 pips or variable spreads from 0.8. FX traders also get advanced trading software in MetaTrader. |
GBPUSD Spread | |
1.4 | 1.3 var (MT5) |
EURUSD Spread | |
0.8 | 0.9 (MT4) |
EURGBP Spread | |
0.9 | 1.5 (MT4) |
Assets | |
68 | 81+ |
Cryptocurrency | |
OANDA offers trading on leading cryptocurrencies, including Bitcoin. We rate the low fees which start at 0.25% and that you can place trades in the app hassle-free. | Trade 20 cryptocurrency CFDs paired with USD with high leverage available up to 1:400 on easyMarkets' offshore branch. Traders can speculate on major digital assets like Bitcoin. |
Spread | |
$100 | Variable |
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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More Comparisons | |
OANDA vs |
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