OANDA vs FXTrading.com
| OANDA Review 2023 | FXTrading.com Review 2023 |
|---|---|
4.3
|
3.6
|
 Traders from US not accepted
|
Traders from US not accepted
|
|
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. |
FXTrading.com is global broker offering highly leveraged CFDs on 10,000+ assets, including forex, stocks, indices, commodities and cryptocurrencies. Competitive prices with raw spreads and low to zero commissions are available. Traders can use the popular MetaTrader 4 platform and will have access to a suite of additional analytical tools and other resources. The multi-regulated brokerage is authorized by the ASIC and VFSC. |
| Bonus Offer | |
| 50% Up to $250 plus 10% up to $2250 | |
| 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." | "FXTrading.com is a good brand for active traders who want a no-frills way to access a wide range of markets with low fees and frequent trader rewards." |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Stocks, Spreadbetting, CFD, Forex, Crypto | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $200 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| $0 | 0.01 Lots |
| Regulator | |
| FCA, ASIC, MFSA, MAS, CIRO, FFAJ, BVI | ASIC, VFSC |
| Margin Trading | |
| Yes | No |
| 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 | No |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| OANDA Trade, MT4 | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| No | Yes |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
|
|
| 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. | FXTrading offers CFDs on a wide range of assets, including forex, stocks, commodities, indices and cryptocurrencies. Commodities include a selection of softs as well as metals and energies, and the eight indices offered include the US30, US500 and UK100. Flexible leverage is available with excellent risk management tools. |
| Leverage | |
| 1:30 | 1:500 |
| FTSE Spread | |
| 1.0 | Floating from 0.5 points |
| GBPUSD Spread | |
| 1.4 | Floating from 0 pips |
| Oil Spread | |
| 3.0 | Floating from 1 pip |
| Stocks Spread | |
| Variable | Variable |
| 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. | FXTrading clients can access 70+ forex pairs with high leverage up to 1:500, fast execution averaging 80ms, excellent liquidity and spreads from zero. A good selection of minors and exotics are available as well as all the majors. New users can start trading forex in 4 easy steps. |
| GBPUSD Spread | |
| 1.4 | Floating from 0 pips |
| EURUSD Spread | |
| 0.8 | Floating from 0 pips |
| EURGBP Spread | |
| 0.9 | Floating from 0 pips |
| Assets | |
| 68 | 70+ |
| 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. | FXTrading offers CFDs on 11 cryptocurrencies in 17 pairs, with six large cryptos including Bitcoin, Ethereum and Litecoin available to trade against USD or AUD. All other cryptos trade in USD pairs. Decent leverage of 1:10 or 1:20 is available depending on the crypto. |
| Spread | |
| $100 | Floating |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
|
|
|
| More Comparisons | |
|
OANDA vs |
FXTrading.com vs |