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Online Brokerage Comparison Tool

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Written by ForexBrokers.com

December 27, 2022

The forex brokers comparison tool compares all forex broker ratings, features, and fees side by side. Filter your brokers and compare the most popular brokers and widely used tools, mobile apps, platforms, spreads, and more. To best support your experience, providers are displayed based on your geo location. Please note: Product offerings may vary depending on your country of residence.

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Overall RatingOANDA
Overall Rating 4.5/5 Stars
Commissions & Fees 4/5 Stars
Offering of Investments 3.5/5 Stars
Platform & Tools 4/5 Stars
Mobile Trading 4.5/5 Stars
Research 4.5/5 Stars
Education 4/5 Stars
Trust Score 92
Winner check_circle
Review OANDA Review
RegulationOANDA
Trust Score 92
Year Founded 1996
Publicly Traded (Listed) No
Bank No
Authorised in European Union Yes info
Tier-1 Licenses 6
Tier-2 Licenses 0
Tier-3 Licenses 1
Tier-1 Licenses (High Trust)OANDA
ASIC Authorised (Australia) Yes
IIROC Authorised (Canada) Yes
SFC Authorised (Hong Kong) No
CBI Authorised (Ireland) No
FSA Authorised (Japan) Yes
MAS Authorised (Singapore) Yes
FINMA Authorised (Switzerland) No
FCA Authorised (U.K.) Yes
CFTC Registered (USA) Yes
FMA Authorised (New Zealand) No
Tier-2 Licenses (Average Trust)OANDA
CBRC Authorised (China) No
CySEC Authorised (Cyprus) No
SEBI Authorised (India) No
ISA Authorised (Israel) No
CBR Authorised (Russia) No
FSCA Authorised (South Africa) No
SEC Authorised (Thailand) No
DFSA / Central Bank Authorised (UAE) No
Tier-3 Licenses (Low Trust)OANDA
SCB Authorised (Bahamas) No
IFSC Authorised (Belize) No
CIMA Authorised (Cayman Islands) No
BMA Authorised (Bermuda) No
FSC Authorised (British Virgin Islands) Yes
FSC Authorised (Mauritius) No
VFSC Authorised (Vanuatu) No
InvestmentsOANDA
Forex Trading (Spot or CFDs) Yes
Tradeable Symbols (Total) 124
Forex Pairs (Total) 71
U.S. Stock Trading (Non CFD) No
Int'l Stock Trading (Non CFD) No
Social Trading / Copy Trading Yes
Cryptocurrency (Physical) Yes
Cryptocurrency (CFD) 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).
CostOANDA
Average Spread EUR/USD - Standard 1.26 (5/22-5/27/22)
All-in Cost EUR/USD - Active 1.26 (5/22-5/27/22)
Active Trader or VIP Discounts Yes
Execution: Agency Broker No
Execution: Market Maker Yes
FundingOANDA
Minimum Initial Deposit $0
PayPal (Deposit/Withdraw) Yes
Skrill (Deposit/Withdraw) Yes
Visa/Mastercard (Credit/Debit) Yes
Bank Wire (Deposit/Withdraw) Yes
Trading PlatformsOANDA
Proprietary Platform Yes
Desktop Platform (Windows) Yes
Web Platform Yes
Social Trading / Copy Trading Yes
MetaTrader 4 (MT4) Yes
MetaTrader 5 (MT5) Yes
cTrader No
DupliTrade No
ZuluTrade Yes
Trading ToolsOANDA
Virtual Trading (Demo) Yes
Alerts - Basic Fields Yes
Watchlists - Total Fields 6
Charting - Indicators / Studies (Total) 81
Charting - Drawing Tools (Total) 431
Charting - Trade From Chart Yes
Charts can be saved Yes
Mobile TradingOANDA
Android App Yes
Apple iOS App Yes
Mobile Alerts - Basic Fields Yes
Mobile Watchlist Yes
Watchlist Syncing No
Mobile Charting - Indicators / Studies 33
Mobile Charting - Draw Trendlines Yes
Mobile Charting - Multiple Time Frames Yes
Mobile Charting - Drawings Autosave Yes
Forex Calendar Yes
ResearchOANDA
Daily Market Commentary Yes
Forex News (Top-Tier Sources) Yes
Autochartist Yes
Trading Central (Recognia) No
Social Sentiment - Currency Pairs Yes
Economic Calendar Yes
EducationOANDA
Has Education - Forex or CFDs Yes
Client Webinars Yes
Client Webinars (Archived) Yes
Videos - Beginner Trading Videos Yes
Videos - Advanced Trading Videos Yes
Investor Dictionary (Glossary) Yes
Major Forex PairsOANDA
GBP/USD Yes
USD/JPY Yes
EUR/USD Yes
USD/CHF Yes
USD/CAD Yes
NZD/USD Yes
AUD/USD Yes
Review OANDA Review
OverallOANDA
Overall Rating 4.5/5 Stars
Commissions & Fees 4/5 Stars
Offering of Investments 3.5/5 Stars
Platform & Tools 4/5 Stars
Mobile Trading 4.5/5 Stars
Research 4.5/5 Stars
Education 4/5 Stars
Trust Score 92
Winner check_circle
Review OANDA Review
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