Oanda vs FXPro

OANDA vs FxPro Comparison Table 2023
OANDA	FxPro
Review 4.3	Review 4.4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
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.	FxPro is an award-winning forex, CFD and spread betting broker with over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.
Comment by Reviewer
"Based on tests, 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 day traders and those on a budget."	"FxPro is best for traders looking for wide market access with thousands of instruments and reliable trading platforms, including MT4, MT5 & cTrader."
Pros
Oversight from tier-one regulators like the FCA and ASIC makes the broker reliable and trustworthy The guaranteed stop loss order (GSLO) is a useful risk management tool not available at many alternatives The OANDA Trade web platform easy to learn and features sophisticated charting tools and market research The brand has an excellent reputation and 25 years' experience with a string of awards There are no restrictions on short-term trading strategies with scalping, hedging and netting permitted The $0 minimum deposit will appeal to newer traders With 68 forex pairs the broker will serve active forex traders Spreads are tight and there are zero hidden fees	No dealing desk (NDD) intervention with fast execution speeds under 13ms Thousands of CFDs across 6 asset classes with a particularly impressive range of indices and precious metals 4 superior trading platforms including MT4, MT5, cTrader and the broker's powerful proprietary solution Comprehensive analysis and trading tools including signals powered by Trading Central and VPS hosting Interactive learning center for beginners with tests, courses, video tutorials and webinars
Cons
There is a narrow range of payment methods with no PayPal High-volume day traders get limited fee rebates or perks Weekend customer support isn't available Social and copy trading tools aren't supported	Limited payment methods Relatively high fees on some assets Inactivity fee applied to dormant accounts
Awards
Best Trading Tools winner 2021 - Online Personal Wealth Awards Awarded highest overall client satisfaction 2021 - Investment Trends US Leverage Trading Report, Margin Forex Awarded highest client satisfaction for mobile platform/app 2021 - Investment Trends US Leverage Trading Report, Margin Forex Voted Most Popular Broker 2021 - TradingView Broker Awards Voted Best Forex and CFD Broker 2021 - TradingView Broker Awards	BEST BROKER 2021 (UK), Ultimate Fintech Awards BEST FX PROVIDER 2021, Online Personal Wealth Awards BEST TRADING PLATFORM 2020, Investors Chronicle & Financial Times
Instruments
Forex, Stocks, Commodities, Indices, Bonds, ETFs, Crypto, Spread Betting	CFDs, Forex, Stocks, Indices, Commodities, Futures
Demo Account
Yes	Yes
Minimum Deposit
$0	$100
Trading Platforms
OANDA Trade MT4 TradingView AutoChartist	MT4 MT5 cTrader AutoChartist TradingCentral DupliTrade
Payment Methods
Credit Card Debit Card Mastercard Neteller Skrill Trustly Visa Wire Transfer	American Express Credit Card Maestro Mastercard Neteller PayPal Skrill UnionPay Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, ASIC, KNF, MAS, CIRO, FFAJ, BVI	FCA, CySEC, FSCA, SCB, FSC
Margin Trading
Yes	Yes
Margin Rate
2%	0.5%
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	No
LAMM Account
No	Yes
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	Yes
Mobile Apps
OANDA Trade, MT4	iOS, Android and Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$10	$5
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD AUD JPY CHF HKD SGD	USD EUR GBP AUD JPY ZAR CHF PLN
Stock Exchanges
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 S&P 500	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq New York Stock Exchange Russell 2000 SIX Swiss Exchange
Commodities
Copper Corn Gold Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat	Gasoline Gold Oil Palladium Platinum Silver Soybeans
CFD Trading
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 a comprehensive range of technical analysis tools in the MT4 and OANDA Trade platforms.	FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures with 24/5 multilingual support. Traders also benefit from low latency datacentre co-location.
Leverage
1:200	1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited)
FTSE Spread
1.0	1.58 Pts (Ave)
GBPUSD Spread
1.4	2.39 Pips (Ave)
Oil Spread
3.0	0.07 (WTI Ave)
Stocks Spread
Variable	Variable
Forex Trading
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.	Trade 70+ currency pairs with ultra-fast execution speeds and tight spreads from 0.46 pips on EUR/USD. The range of forex assets outranks many rivals.
Forex App
	FxPro offers forex trading on 70+ pairs via its mobile app. A range of technical indicators and order types are available and hedging is supported. Download the app for free from the iOS and Android app stores.
GBPUSD Spread
1.4	2.39 pips (Ave)
EURUSD Spread
0.8	1.58 pips (Ave)
EURGBP Spread
0.9	1.74 pips (Ave)
Assets
68	70+
Currency Indices
	USD
Cryptocurrency
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 market volatility.	Non-UK FxPro traders can access CFDs on 28 popular cryptocurrencies, including Bitcoin and Ethereum as well as smaller tokens like Tron. Crypto assets are all traded in pairs with USD and, as derivative products, are not directly traded or owned.
Spread
$100	Variable
Coins
BTC ETH LTC BCH PAXG LINK UNI AAVE	BAT BCH BTC DOG DOT DSH EOS ETC ETH IOT LNK LTC NEO XLM XMR XRP ZEC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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