OANDA
XTB
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Overview
OANDA was founded in 1996 and is headquartered in United States, Canada, while XTB was established in 2002 and is based in Poland. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. OANDA serves 10,000+ clients worldwide; XTB has 250,000+. The minimum deposit is $1 at OANDA and $0 at XTB.
| Feature | OANDA | XTB |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego |
| Founded | 1996 | 2002 |
| Country | United States, Canada | Poland |
| Clients | 10,000+ | 250,000+ |
Fees
Fees are a critical factor when choosing between OANDA and XTB, directly affecting your bottom line as a trader. XTB has a lower barrier to entry with a minimum deposit of $0 (vs $1 at OANDA). XTB charges withdrawal fees while OANDA does not, giving OANDA an edge for frequent withdrawers. The two brokers are broadly comparable on fee structure.
| Feature | OANDA | XTB |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
OANDA offers MT4, MT5, cTrader, while XTB supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. XTB supports social and copy trading features, which OANDA does not offer. The two brokers are closely matched on platform offering.
| Feature | OANDA | XTB |
|---|---|---|
| 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, Mirror Trader, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how OANDA and XTB 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. XTB scores higher overall in education and research.
| Feature | OANDA | XTB |
|---|---|---|
| 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 XTB supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). XTB uniquely supports PayPal and Skrill and Neteller among the two brokers. XTB scores higher on deposit and withdrawal flexibility.
| Feature | OANDA | XTB |
|---|---|---|
| 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 XTB offer live chat support. Both provide phone support. Email support is available at both brokers. OANDA supports 2 languages and XTB supports 12, giving XTB broader global reach. Both brokers are comparable on support quality.
| Feature | OANDA | XTB |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish |