B

ETX Capital

7.6/10
OANDA logo

OANDA

8.2/10
8/10RegulationWinner9/10
8/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
6/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

ETX Capital was founded in 2002 and is headquartered in UK, while OANDA was established in 1996 and is based in United States, Canada. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. ETX Capital serves 10,000+ clients worldwide; OANDA has 10,000+. The minimum deposit is $100 at ETX Capital and $1 at OANDA.

OANDA wins this category
FeatureETX CapitalOANDA
Min. Deposit$100$1
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Founded20021996
CountryUKUnited States, Canada
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between ETX Capital and OANDA, directly affecting your bottom line as a trader. OANDA has a lower barrier to entry with a minimum deposit of $1 (vs $100 at ETX Capital). Neither broker charges withdrawal fees. Overall, OANDA scores higher on fees in our assessment.

OANDA wins this category
FeatureETX CapitalOANDA
Min. Deposit$100$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

ETX Capital offers MT4, MT5, cTrader, while OANDA supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureETX CapitalOANDA
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Mirror Trader, Binary, Tablet & Mobile appsMT4, OANDA Desktop, OANDA Web, OANDA Mobile

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how ETX Capital and OANDA compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. ETX Capital scores higher overall in education and research.

ETX Capital wins this category
FeatureETX CapitalOANDA
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ETX Capital accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while OANDA supports 2 (bank transfer, credit/debit card). ETX Capital uniquely supports Neteller among the two brokers. ETX Capital scores higher on deposit and withdrawal flexibility.

ETX Capital wins this category
FeatureETX CapitalOANDA
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ETX Capital and OANDA offer live chat support. Both provide phone support. Email support is available at both brokers. ETX Capital supports 7 languages and OANDA supports 2, giving ETX Capital broader global reach. Both brokers are comparable on support quality.

Tied
FeatureETX CapitalOANDA
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, French, Spanish, German, Polish, Czech, Greek and MandarinEnglish, and Chinese