B
OANDA logo

OANDA

8.2/10

test broker

0/10
9/10WinnerRegulation0/10
10/10WinnerFees0/10
9/10WinnerPlatforms0/10
6/10WinnerEducation & Research0/10
4/10WinnerDeposits & Withdrawals0/10
10/10WinnerSupport0/10

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Overview

OANDA and test broker are both established, regulated brokers. OANDA serves 10,000+ clients worldwide.

OANDA wins this category
FeatureOANDAtest broker
Min. Deposit$1Not available
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)Not available
Founded1996Not available
CountryUnited States, CanadaNot available
Clients10,000+Not available

Fees

Fees are a critical factor when choosing between OANDA and test broker, directly affecting your bottom line as a trader. Overall, OANDA scores higher on fees in our assessment.

OANDA wins this category
FeatureOANDAtest broker
Min. Deposit$1Not available
Withdrawal FeesNoNot available
Inactivity FeesNoNot available
Deposit FeesNoNot available
CFD FeesNoNot available

Platforms

OANDA offers a mobile trading app; mobile availability for test broker is limited. OANDA edges ahead on platform breadth and functionality in our scoring.

OANDA wins this category
FeatureOANDAtest broker
MT4YesNot available
MT5YesNot available
cTraderYesNot available
Windows AppYesNot available
iOS AppYesNot available
Android AppYesNot available
Trading PlatformsMT4, OANDA Desktop, OANDA Web, OANDA MobileNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how OANDA and test broker compare. OANDA runs regular live webinars; test broker does not. OANDA has a video library; test broker does not. OANDA publishes daily market commentary; test broker does not. OANDA integrates third-party research tools (Trading Central); test broker does not. OANDA maintains an archive of past webinars for on-demand viewing. OANDA scores higher overall in education and research.

OANDA wins this category
FeatureOANDAtest broker
Forex EducationNoNot available
CFD EducationYesNot available
Weekly WebinarsYesNot available
Daily CommentaryYesNot available
Trading CentralYesNot available
AutochartistNoNot available

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. OANDA uniquely supports bank transfer and credit/debit card among the two brokers. OANDA scores higher on deposit and withdrawal flexibility.

OANDA wins this category
FeatureOANDAtest broker
Bank TransferYesNot available
Credit CardYesNot available
PayPalNoNot available
SkrillNoNot available
NetellerNoNot available

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. OANDA offers live chat; test broker does not, making OANDA easier to reach in real time. OANDA offers phone support; test broker does not. OANDA offers email support; no email support was found for test broker. OANDA offers multilingual support. OANDA scores higher overall on customer support in our assessment.

OANDA wins this category
FeatureOANDAtest broker
Live ChatYesNot available
Phone SupportYesNot available
Email SupportYesNot available
LanguagesEnglish, and ChineseNot available