Written by ForexBrokers.com
In this head to head comparison of OANDA vs Exness, 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 Exness are both online brokers with notable trust ratings, yet they differ in their regulatory standings. Established in 1996, OANDA holds a strong position with a ForexBrokers.com Trust Score of 93, placing it in the highly trusted category. It is regulated through seven Tier-1 licenses, which are considered a benchmark for high trust. Notably, OANDA is not publicly traded and does not operate as a bank, adding a simpler layer to its business model.
In comparison, Exness, founded in 2008, has a Trust Score of 81, categorizing it as trusted. While Exness is regulated with two Tier-1 licenses, it also holds three Tier-2 licenses. Similar to OANDA, Exness is not publicly listed and isn’t a bank. Both brokers have established reputations, but OANDA's greater number of top-tier licenses and higher trust score could be appealing to those seeking heightened regulatory assurance.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Year Founded | 1996 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 0 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
OANDA and Exness both earn 4 stars for commissions and fees. In ForexBrokers.com’s ranking of 63 brokers, OANDA sits at #35 and Exness at #36. OANDA tends to be the pricier pick on average, while Exness’ costs vary widely by account type. If you want straightforward, automated execution across one account setup, OANDA fits that bill; if you prefer to fine-tune pricing through different account structures and execution modes, Exness offers more avenues.
OANDA’s default spreads are on the higher side versus top peers; for example, its average non-core EUR/USD spread was 1.61 pips in July 2024. Its Core Pricing cuts the spread but adds a $5-per-side commission per $100,000 traded (about $10 per round turn lot) and requires a $10,000 minimum deposit. In practice, if the default spread is 1.6 pips and the core spread is 0.4 pips, the commission adds roughly 1 pip, bringing the all‑in Core cost to about 1.4 pips—slightly cheaper than default. Perks include trading in single units (smaller than a micro lot), active-trader rebates of $5–$17 per million in select regions, and ongoing—but not fixed-period—spread transparency.
Exness structures pricing by account. The two commission-free accounts (Standard Cent and Standard) carry higher spreads, while the Pro account trims spreads and lets you choose instant or market execution. The commission accounts offer the tightest spreads: Zero Spread charges a $0.05 per-trade commission with market execution, and the Raw account charges up to $7 per round turn lot ($3.5 per side). Zero and Raw have no leverage or stop‑out limits and use a 30% margin call trigger. Bottom line: OANDA’s Core plan can lower costs if you meet the $10k minimum, but Exness can be cheaper on its commission accounts, depending on your trade size and preferred execution.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 1.69 | N/A |
| All-in Cost EUR/USD - Active | 1.69 | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
OANDA and Exness both let you trade forex as CFDs and spot. OANDA lists 4,172 tradable symbols, far more than Exness’s 209, though Exness leads in currency choice with 96 forex pairs versus OANDA’s 69. Only OANDA provides access to exchange-traded securities (not CFDs) on U.S. and international exchanges, so you can buy shares like Apple on NASDAQ or Vodafone in London—something Exness does not offer.
Both brokers support copy trading. For crypto, OANDA lets you buy actual coins as well as crypto derivatives, while Exness offers only crypto derivatives. In the Range of Investments category, ForexBrokers.com rates OANDA at 4 stars and ranks it 28th out of 63 brokers, compared with Exness at 3.5 stars and 56th out of 63.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 209 |
| Forex Pairs (Total) | 69 | 96 |
| 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 vs Exness: both brokers check the key boxes for trading platforms and tools. Each offers a free demo account for paper trading, a proprietary in-house platform, and both Windows desktop and web-based platforms. You’ll also find MetaTrader 4 (MT4) and MetaTrader 5 (MT5), copy trading options, and the ability to place trades directly from charts—useful for quick entries and exits. These features make either broker approachable for beginners while still covering needs that active traders expect.
In independent ratings from ForexBrokers.com, both OANDA and Exness earn 4 stars for Trading Platforms and Tools. OANDA ranks #15 out of 63 brokers in this category, while Exness ranks #26. If platform ranking is your tie-breaker, OANDA has a slight edge, but Exness remains a solid choice with similar core platform features.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading 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 [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 89 | 107 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing OANDA vs Exness for mobile trading, both brokers offer iPhone and Android apps with price alerts and real-time watchlists. Charting is strong on both: you can draw trendlines in each app. Exness lists 35 technical studies, while OANDA includes 30. One key difference is chart annotations: OANDA auto-saves your drawings, but Exness does not. Neither app currently syncs watchlist symbols between mobile and the online account.
In independent testing, OANDA earns 5 stars and ranks #7 out of 63 brokers for Mobile Trading Apps, while Exness scores 4 stars and ranks #26. If you value saved chart markups and top-tier app performance, OANDA has the edge. If you want a few more built-in indicators, Exness could appeal. Both are solid choices for on-the-go forex traders who need alerts, trendlines, and real-time quotes on mobile.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | ||
| Mobile Charting - Trendlines Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing OANDA vs Exness for market research: both brokers deliver daily market commentary, forex news from top sources like Bloomberg, Reuters, or Dow Jones, a sentiment tool that shows long/short positioning, and an economic calendar. Neither offers TipRanks or Acuity Trading tools.
The key difference is in third‑party research suites. OANDA includes Autochartist, while Exness provides Trading Central. According to ForexBrokers.com, OANDA earns 5 stars and ranks #4 out of 63 brokers for Research, whereas Exness holds 3.5 stars and ranks #42. Choose OANDA if you want Autochartist and higher-rated research depth, or pick Exness if Trading Central is your priority.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners exploring forex and CFD education, both OANDA and Exness host ongoing online client webinars at least once a month and provide extensive video content, including 10+ beginner-focused videos and 10+ advanced videos that cover key trading topics. However, this data doesn’t confirm whether either broker maintains a broader education hub with 10+ total articles or videos beyond those counts, nor does it specify if they offer a searchable archive of past webinars or an investor dictionary with 50+ terms.
Based on third-party evaluations, OANDA stands out with a 5-star Education rating and a #19 ranking out of 63 brokers, while Exness holds a 3.5-star rating and ranks #47. If you’re a new trader prioritizing structured learning and higher-rated educational support, OANDA appears to have the edge, whereas Exness offers meaningful resources but scores lower overall in this category.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | Yes |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) [DELETED] |
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 Exness. OANDA finished with an overall rank of #12, while Exness finished with an overall rank of #43.
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
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Exness
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| Trust Score | 93 | 81 |
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OANDA allows users to purchase actual cryptocurrencies with delivery and offers cryptocurrency derivatives, whereas Exness provides only cryptocurrency derivatives and does not offer the option to buy actual delivered cryptocurrencies.
Compared to Exness, OANDA supports ACH/SEPA, PayPal, Skrill, and bank wire deposits and withdrawals, while Exness supports Skrill and bank wires but not ACH/SEPA or PayPal, with Visa/Mastercard availability not specified for either broker.
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 | Exness | |
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| Trust Score | 93 | 81 | |
| Winner | check_circle | ||
| Review | OANDA Review | Exness Review |
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| Regulation | OANDA | Exness | |
|---|---|---|---|
| Trust Score | 93 | 81 | |
| Year Founded | 1996 | 2008 | |
| 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 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | OANDA | Exness | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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 | Yes | |
| 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 | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | OANDA | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 209 | |
| Forex Pairs (Total) | 69 | 96 | |
| 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 | Exness | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.69 | N/A | |
| All-in Cost EUR/USD - Active | 1.69 | N/A | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | OANDA | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | OANDA | Exness | |
|---|---|---|---|
| Proprietary Desktop Trading 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 |
| Trading Tools | OANDA | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 107 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | Exness | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | Exness | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | Exness | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | OANDA | Exness | |
|---|---|---|---|
| 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 | Exness Review |
| Overall | OANDA | Exness | |
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| Trust Score | 93 | 81 | |
| Winner | check_circle | ||
| Review | OANDA Review | Exness Review |
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