Oanda vs SynergyFX

OANDA vs SynergyFX Comparison Table 2022
OANDA SynergyFX
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
OANDA offers 70+ forex pairs with two competitive pricing models and a substantial welcome deposit bonus SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.
Awards
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
Bonus
$5,000 welcome bonus with a deposit of $500 Spin & Win Draw
Instruments
Forex Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$0 $50
Payment Methods
Minimum Trade
$0 0.01 lots
Regulator
CFTC, NFA, MAS, IIROC, FCA, ASIC, FFAJ, BVI ASIC, VFSC
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
Yes
Autochartist
No
eSignal
No
Trading Central
No
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
Robo Advisor
No
Negative Balance Protection
No
Market Maker
Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
FxTrade, MT4 Yes
Auto Trading
EAs Yes
Copy Trading
No No
Social Trading
No Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • HKD
  • SGD
CFD Trading
CFD trading not offered Trade across several financial markets with up to 1:400 leverage.
Leverage
1:30 EU, 1:200 Global 1:500
FTSE Spread
Variable 1.4
GBPUSD Spread<
0.6 (ave) 1.5
Oil Spread
Variable 0.030
Stocks Spread
Not offered Variable
Forex Trading
Take positions on major, minor and exotic currency pairs with competitive trading conditions. Trade forex with competitive spreads.
GBPUSD Spread
1.6 pips (var) 1.5
EURUSD Spread
0.6 pips (ave) 0.8
EURGBP Spread
1.3 pips (var) 1.3
Assets
70+ 40+
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