Written by ForexBrokers.com
In this head to head comparison of OANDA vs easyMarkets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
OANDA and easyMarkets are two well-established online brokers, each with distinct characteristics regarding trust and regulation. Founded in 1996, OANDA has built a reputation supported by seven Tier-1 licenses, which are highly trusted by ForexBrokers.com, contributing to its high Trust Score of 93 out of 99. While not publicly traded and not a bank, OANDA's significant regulatory ratings reflect strong credibility. By contrast, easyMarkets, founded in 2001, is backed by two Tier-1 and one Tier-2 licenses, earning a Trust Score of 84. It shares similar business characteristics with OANDA by not being publicly traded or a banking institution.
| Feature |
OANDA
|
easyMarkets
|
|---|---|---|
| Year Founded | 1996 | 2001 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Comparing commissions and fees, OANDA earns 4/5 stars and ranks #35 of 63 for this category at ForexBrokers.com, while easyMarkets scores 3.5/5 stars and ranks #53 of 63. OANDA’s pricing can look higher at first glance, but its commission-based “core” plan can narrow the gap. easyMarkets leans on simple, commission-free spreads that vary by platform, with fixed pricing available on its own platform and TradingView.
OANDA’s average non-core spread on EUR/USD was 1.61 pips in July 2024. Its core pricing lowers the spread but adds a $5 per side commission per $100,000 traded (about $10 per round turn), and requires a $10,000 minimum deposit. In a common example, a 0.4-pip core spread plus the commission-equivalent of 1 pip results in a 1.4-pip all-in cost—slightly cheaper than the standard 1.6-pip scenario. OANDA also allows ultra-small trade sizes (down to 1 unit) and offers Elite Trader rebates of $5–$17 per million for high-volume clients. It publishes trailing average spreads for transparency, though not fixed-period averages.
easyMarkets is commission-free. On its platform and TradingView, EUR/USD spreads are fixed at 0.8 pips. On MT4, spreads are 1.7 pips for the Standard account and 0.7 pips for VIP; MT5 uses variable pricing starting from 0.7 pips. For traders who value predictable, fixed spreads without commissions, easyMarkets’ own platform is straightforward. If you can meet OANDA’s core account minimum and want the flexibility to fine-tune trade size—or you qualify for volume rebates—OANDA can be price-competitive on major pairs.
| Feature |
OANDA
|
easyMarkets
|
|---|---|---|
| Minimum Deposit | $0 | $25 |
| Average Spread EUR/USD - Standard | 1.69 | 0.8 |
| All-in Cost EUR/USD - Active | 1.69 | 0.8 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing OANDA vs easyMarkets for what you can trade: both support forex as CFDs or spot contracts. OANDA offers a far wider selection with 4,172 tradeable symbols and 69 forex pairs, while easyMarkets lists 230 symbols and 63 pairs. OANDA also lets clients buy exchange-traded shares on both U.S. and international exchanges (think Apple on NASDAQ or Vodafone in London), whereas easyMarkets does not offer direct share dealing. For crypto, OANDA supports buying actual cryptocurrency as well as crypto derivatives; easyMarkets only offers crypto derivatives.
Both brokers provide copy trading. For range of investments, ForexBrokers.com rates OANDA 4 out of 5 stars and ranks it 28th of 63 brokers, while easyMarkets earns 3.5 out of 5 stars and ranks 55th of 63.
| Feature |
OANDA
|
easyMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 230 |
| Forex Pairs (Total) | 69 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
OANDA and easyMarkets both check the key boxes for trading platforms and tools. Each broker provides a free demo account, an in-house proprietary platform, a Windows desktop app, and a web-based platform. You can also use MetaTrader 4 (MT4) and MetaTrader 5 (MT5) with either broker, and both support copy trading. Neither platform connects to DupliTrade or ZuluTrade. Chart trading is available on both, letting you place orders directly from price charts.
When it comes to charting extras, OANDA lists 74 drawing tools versus 30 at easyMarkets, while easyMarkets offers more watchlist fields (8 vs. 6 at OANDA). Both earn 4 out of 5 stars for Trading Platforms and Tools, though OANDA ranks higher overall in this category at #15 out of 63 brokers on ForexBrokers.com, compared with easyMarkets at #36. If you value more drawing tools, OANDA has the edge; if you prefer more watchlist columns, easyMarkets may suit you better.
| Feature |
OANDA
|
easyMarkets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 89 | 15 |
| Charting - Drawing Tools (Total) | 74 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and easyMarkets both offer iPhone and Android apps for mobile trading. Each app supports trendline drawing, multiple time frames, and creating watchlists with real-time quotes. For charting depth, OANDA includes 30 technical studies, while easyMarkets offers a larger library with 81 studies.
Feature differences are notable: OANDA provides price alerts, while easyMarkets does not. easyMarkets syncs watchlists with your online account, but OANDA does not. OANDA also auto-saves chart drawings, whereas easyMarkets does not. For overall quality, OANDA earns 5 stars and ranks #7 out of 63 brokers in ForexBrokers.com’s Mobile Trading Apps category, while easyMarkets earns 4 stars and ranks #32.
| Feature |
OANDA
|
easyMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 81 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both OANDA and easyMarkets deliver strong day-to-day market research. Each provides daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, a sentiment tool that shows the ratio of long vs. short positions, and a global economic calendar. These features help traders stay on top of market-moving events and see how other traders are positioned.
The key difference is in their analysis add-ons: OANDA includes Autochartist tools, while easyMarkets offers Trading Central. Neither broker includes TipRanks or Acuity Trading. According to ForexBrokers.com, OANDA earns 5 stars for Research and ranks #5 out of 63 brokers, whereas easyMarkets is rated 3.5 stars and ranks #44. If you value Autochartist’s pattern recognition, OANDA is appealing; if you prefer Trading Central’s analytics, easyMarkets may fit better.
| Feature |
OANDA
|
easyMarkets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
OANDA vs easyMarkets education: both brokers make it easy for beginner traders to get started with forex and CFDs. Each offers at least ten education pieces (articles, videos, and archived webinars), runs client webinars at least once a month, and provides a searchable archive of past sessions. You’ll also find at least ten beginner-focused videos at both brokers, plus ten or more advanced videos for when you’re ready to go deeper. To help with jargon, OANDA and easyMarkets each include an investor dictionary with 50+ terms.
The difference shows up in independent ratings. ForexBrokers.com gives OANDA 5 stars for Education and ranks it 19th out of 63 brokers, while easyMarkets earns 3.5 stars and ranks 39th. In short, both cover the key learning needs for newcomers, but OANDA receives higher marks for overall education quality.
| Feature |
OANDA
|
easyMarkets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that OANDA is better than easyMarkets. OANDA finished with an overall rank of #12, while easyMarkets finished with an overall rank of #42.
A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.
| Feature |
OANDA
|
easyMarkets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 84 |
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OANDA provides the option to purchase actual cryptocurrency and cryptocurrency derivatives, whereas easyMarkets only offers the ability to trade cryptocurrency derivatives without the option of buying actual cryptocurrency.
When comparing online brokers OANDA and easyMarkets, both platforms offer ACH, SEPA transfers, Skrill, Visa, Mastercard, and bank wires as options for depositing or withdrawing account funds, but OANDA stands out by also providing the option of PayPal, a feature not available with easyMarkets.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | OANDA | easyMarkets | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | OANDA Review | easyMarkets Review |
| Broker Screenshots | OANDA | easyMarkets | |
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| Regulation | OANDA | easyMarkets | |
|---|---|---|---|
| Trust Score | 93 | 84 | |
| Year Founded | 1996 | 2001 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | OANDA | easyMarkets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | OANDA | easyMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | OANDA | easyMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 230 | |
| Forex Pairs (Total) | 69 | 63 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | OANDA | easyMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.69 | 0.8 | |
| All-in Cost EUR/USD - Active | 1.69 | 0.8 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | OANDA | easyMarkets | |
|---|---|---|---|
| Minimum Deposit | $0 | $25 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | OANDA | easyMarkets | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | OANDA | easyMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 8 | |
| Charting - Indicators / Studies (Total) | 89 | 15 | |
| Charting - Drawing Tools (Total) | 74 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | easyMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 81 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | OANDA | easyMarkets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | easyMarkets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | OANDA | easyMarkets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | OANDA Review | easyMarkets Review |
| Overall | OANDA | easyMarkets | |
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| Trust Score | 93 | 84 | |
| Winner | check_circle | ||
| Review | OANDA Review | easyMarkets Review |
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