OANDA
orient financial brokers
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Overview
OANDA was founded in 1996 and is headquartered in United States, Canada, while orient financial brokers was established in 2014 and is based in United States. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. OANDA serves 10,000+ clients worldwide; orient financial brokers has 200,000+. The minimum deposit is $1 at OANDA and $250 at orient financial brokers.
| Feature | OANDA | orient financial brokers |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F293 |
| Founded | 1996 | 2014 |
| Country | United States, Canada | United States |
| Clients | 10,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between OANDA and orient financial brokers, directly affecting your bottom line as a trader. OANDA has a lower barrier to entry with a minimum deposit of $1 (vs $250 at orient financial brokers). Neither broker charges withdrawal fees. Overall, OANDA scores higher on fees in our assessment.
| Feature | OANDA | orient financial brokers |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
OANDA offers MT4, MT5, cTrader, while orient financial brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. orient financial brokers supports social and copy trading features, which OANDA does not offer. The two brokers are closely matched on platform offering.
| Feature | OANDA | orient financial brokers |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, OANDA Desktop, OANDA Web, OANDA Mobile | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how OANDA and orient financial brokers 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. orient financial brokers scores higher overall in education and research.
| Feature | OANDA | orient financial brokers |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. OANDA accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while orient financial brokers supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). orient financial brokers uniquely supports PayPal and Skrill and Neteller among the two brokers. orient financial brokers scores higher on deposit and withdrawal flexibility.
| Feature | OANDA | orient financial brokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both OANDA and orient financial brokers offer live chat support. Both provide phone support. Email support is available at both brokers. OANDA supports 2 languages and orient financial brokers supports 8, giving orient financial brokers broader global reach. Both brokers are comparable on support quality.
| Feature | OANDA | orient financial brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |