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OANDA
#70 in our CFD broker rankings
Accepts traders from Monaco
Rating breakdown
- Regulation & trust4.40.3 higher than Exness (4.1)
- Assets & markets3.40.6 lower than Exness (4.0)
- Fees & costs3.50.5 lower than Exness (4.0)
- Platforms & tools3.30.6 lower than Exness (3.9)
- Accounts & banking3.50.9 lower than Exness (4.4)
- Education4.31.0 higher than Exness (3.3)
- Research3.80.5 lower than Exness (4.3)
- Customer support4.5same as Exness (4.5)
Exness’s score. Numbers show the difference.
Exness
#34 in our CFD broker rankings
Accepts traders from Monaco
Rating breakdown
- Regulation & trust4.10.3 lower than OANDA (4.4)
- Assets & markets4.00.6 higher than OANDA (3.4)
- Fees & costs4.00.5 higher than OANDA (3.5)
- Platforms & tools3.90.6 higher than OANDA (3.3)
- Accounts & banking4.40.9 higher than OANDA (3.5)
- Education3.31.0 lower than OANDA (4.3)
- Research4.30.5 higher than OANDA (3.8)
- Customer support4.5same as OANDA (4.5)
OANDA’s score. Numbers show the difference.
| OANDA | Exness | |
|---|---|---|
| Overview | 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 remains 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. | Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators. |
| Customer Reviews | Based on 3 customer reviews | Based on 2 customer reviews |
| Trustpilot Score | – | |
| Comment by Reviewer | “OANDA will serve day traders looking for a trustworthy broker with a beginner-friendly platform, superb research and straightforward account opening. The $0 minimum deposit and excellent customer support makes it especially attractive to newer traders.” | “After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs.” |
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| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, ETFs, Spread Betting | CFDs on Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $0 | $10 (varies by account and payment method) |
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| Payment Methods | Visa, Mastercard, JCB, Wire Transfer, Bitcoin, USDT, USDC, Netteller, Skrill, Perfect Money, Sticpay, Webmoney, BinancePay, local payment systems based on countries | |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | FCA, CIRO, ASIC, MAS, JFSA, KNF, BVI FSC | FSCA, CMA-Kenya, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only) |
| Margin Trading | Yes | Yes |
| Margin Rate | 2% | – |
| 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 | Yes | Yes |
| Market Maker | Yes | Yes |
| P2P Trading | No | No |
| Spot Trading | Yes | No |
| Mobile Apps | OANDA Trade, MT4 | iOS & Android |
| App Review | – | Exness Trade offers the complete mobile trading experience, delivering the broker's fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it's an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move. |
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| Auto Trading | Expert Advisors (EAs) on MetaTrader and OANDA API | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | No | Yes |
| Copy Trading Platform | – | Exness supports user-friendly copy trading through a dedicated service with a huge community, as well as via MetaTrader signals, giving hands-off trader a choice of tested routes to replicate the positions of more experienced traders. |
| Social Trading | No | Yes |
| Trade Signals | – | Signals through Trading Central |
| VPS Hosting | No | Yes |
| Tournaments | No | No |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | Yes | No |
| Inactivity Fee | $10 | $0 |
| Islamic Account | No | Yes |
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| CFD Trading | ||
| Overview | You can speculate on popular financial assets covering forex, commodities, indices, metals and bonds. You can get started with $0 minimum deposit, making the broker a good pick for beginners. There’s also over 130 technical indicators available collectively in the MT4 and OANDA Trade platforms. | Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage for advanced day traders and featuring over 100 technical indicators in its proprietary terminal. |
| Leverage | 1:200 | 1:Unlimited (via offshore entities) |
| FTSE Spread | 1.0 | 9.8 |
| GBPUSD Spread | 1.4 | 0.6 |
| Oil Spread | 3.0 | 0.20 |
| Stocks Spread | 12 (Apple Inc) | 0.5 (Apple Inc.) |
| Forex Trading | ||
| Overview | OANDA offers 68 currency pairs, which is above the industry average. You can speculate on majors, minors and exotics, with spreads from 0.8 pips on popular pairs. There are no commissions and leverage is available up to 1:200. Average execution speeds are fast based on tests, at 12 milliseconds. | Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet. |
| GBPUSD Spread | 1.4 | From 0.0 |
| EURUSD Spread | 0.8 | From 0.0 |
| EURGBP Spread | 0.9 | From 0.0 |
| Assets | 68 | 100+ |
| Currency Indices | – |
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| Cryptocurrency | ||
| Overview | OANDA offers trading on leading cryptocurrencies, including Bitcoin. You can place trades in the app hassle-free and practice in the unlimited demo account. The broker offers guaranteed stop-loss orders to help protect you against crypto market volatility. | Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders. |
| Spread | $100 | 10.0 (BTC/USD) |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |