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OANDA vs ETX Capital 2020

Is ETX Capital better than OANDA? After testing 30 of the best forex brokers over five months, OANDA is better than ETX Capital . As a trusted global brand, OANDA provides forex and CFD traders a limited offering of FX pairs and CFDs but stands out for its reputation and quality market research.



CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature OANDA ETX Capital
Overall 4 4
OANDA Review ETX Capital Review
73.5% of retail CFD accounts lose money 75.10% of retail CFD accounts lose money

Regulation

Feature OANDA ETX Capital
Trust Score 89 82
Year Founded
1996 1965
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
6 1
Tier-2 Licenses
0 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature OANDA ETX Capital
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
Yes No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
Yes No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
Yes No

Investments

Feature OANDA ETX Capital
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes No
Currency Pairs (Total Forex pairs)
71 60
CFDs - Total Offered
53 6000
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3.5 4
Winner check_circle

Cost

Feature OANDA ETX Capital
Average Spread EUR/USD - Standard
1.4 (as of Q3 2018) 0.81 (as of May 18)
All-in Cost EUR/USD - Active
1.4 (as of Oct 19) 0.81 (as of May 18)
Active Trader or VIP Discounts
Yes No
Commissions & Fees 4 4
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Funding

Feature OANDA ETX Capital
Minimum Initial Deposit
$0.00 $£100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature OANDA ETX Capital
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes No
Social Trading / Copy-Trading
Yes No
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No No
cTrader
No No

Trading Tools

Feature OANDA ETX Capital
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes No
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
81 56
Charting - Drawing Tools (Total)
145 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3.5 3.5
Winner check_circle

Mobile Trading

Feature OANDA ETX Capital
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No Yes
Charting - Indicators / Studies
33 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
Yes No
Mobile Trading 4 3.5
Winner check_circle

Research

Feature OANDA ETX Capital
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
AutoChartist
Yes No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes No
Research 4.5 3
Winner check_circle

Education

Feature OANDA ETX Capital
Has Education - Forex
Yes Yes
Has Education - CFDs
No Yes
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes
Education 3.5 3.5
Winner check_circle

Major Forex Pairs

Feature OANDA ETX Capital
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

Overall

Feature OANDA ETX Capital
OANDA Review ETX Capital Review
Overall 4 4
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Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare ETX Capital vs OANDA.

Does ETX Capital or OANDA offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, ETX Capital offers better pricing overall for traders.

Is ETX Capital or OANDA safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. OANDA holds 6 global Tier-1 licenses, while ETX Capital holds 1. Both ETX Capital and OANDA hold 0 global Tier-2 licenses. All regulators considered, OANDA has a Trust Score of 89.00, while ETX Capital 's Trust Score is 82.00.

Which trading platform is better: ETX Capital or OANDA?
To compare the trading platforms of both ETX Capital and OANDA, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, ETX Capital offers a better experience. With research, OANDA offers superior market research. Finally, we found OANDA to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While OANDA offers copy trading, ETX Capital does not. Both ETX Capital and OANDA offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
OANDA provides traders 71 currency pairs (e.g., EUR/USD) compared to ETX Capital 's 60 available pairs. Forex pairs aside, ETX Capital offers traders access to 6000 CFDs while OANDA has 53 available CFDs, a difference of 5,947.

Overall, between ETX Capital and OANDA, OANDA is the better forex broker.

ETX Capital Review
OANDA Review

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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OANDA - CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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