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 account | 1.68 | N/A |
| All-in Cost EUR/USD - Active | 1.69 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
OANDA vs Exness: both brokers let you trade forex as CFDs or spot. OANDA stands out for overall variety with 4,172 tradeable symbols, while Exness lists 209. That said, Exness offers more currency pairs (96) than OANDA (69). Both support copy trading. For crypto, OANDA lets you buy actual coins in addition to crypto CFDs, whereas Exness limits you to crypto CFDs only.
When it comes to stocks, OANDA offers exchange-traded shares on U.S. and international markets; Exness does not provide exchange-traded securities. In independent reviews for range of investments, OANDA earns 4 stars and ranks #28 out of 63 brokers, while Exness earns 3.5 stars and ranks #56. In short, OANDA is better for multi-asset access, while Exness appeals if you want a wider list of forex pairs.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 209 |
| Forex Pairs (Total) | 69 | 96 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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 Exness both check the key boxes for trading platforms and tools. Each broker provides a free demo (paper trading) account, a proprietary in-house platform, a Windows desktop download, and a web-based platform. They both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offer copy trading, and let you place trades directly from charts—handy for acting quickly on price moves.
When it comes to quality scores, both are rated 4 out of 5 stars for Trading Platforms and Tools by ForexBrokers.com. However, OANDA ranks higher at #15 out of 63 brokers, while Exness sits at #26. If rankings matter to you, OANDA has the edge, but if you’re comparing features alone, the platform coverage is very similar between the two.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 89 | 107 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and Exness both offer mobile trading apps for iPhone and Android. Each app supports stock or forex price alerts and lets you draw trendlines on charts. For charting studies, Exness includes 35 built-in technical indicators, slightly more than OANDA’s 30. One shared limitation: neither app offers watchlist symbol syncing with your online account, so changes made on mobile won’t sync to the web platform.
There’s a notable difference with chart drawings: OANDA’s app auto-saves your annotations, while Exness does not. Review results also set them apart. According to ForexBrokers.com, OANDA’s mobile trading apps earn 5 stars and rank 7th out of 63 brokers, while Exness receives 4 stars and ranks 26th. Choose OANDA if you want auto-saved drawings and higher ratings; pick Exness if you prefer having a few more built-in studies.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing OANDA vs Exness for beginner education: both brokers provide forex and CFD learning hubs with at least 10 pieces of content, plus monthly client webinars. Each offers a sizable video library that includes 10+ beginner videos and 10+ advanced videos, giving new traders clear starting points as well as room to grow.
Where they differ is quality and recognition. OANDA’s education is rated 5 stars and ranked #19 out of 63 brokers for Education by ForexBrokers.com, while Exness holds 3.5 stars and ranks #47. If you want the highest-rated path for forex education for beginners—with regular webinars and deeper video lessons—OANDA is the stronger pick; Exness still covers the basics and keeps learners engaged with ongoing webinars and video content.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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 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 |
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Exness
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| Trust Score | 93 | 81 |
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Comparing online brokers OANDA and Exness: OANDA supports buying actual (delivered) cryptocurrency and trading cryptocurrency CFDs, whereas Exness does not offer real-coin purchases but does provide cryptocurrency CFDs.
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 (FSA 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. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 account | 1.68 | N/A | |
| All-in Cost EUR/USD - Active | 1.69 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order 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 | |
| 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 [DELETED] | |||
| Mobile Watchlists - 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 (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | 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 [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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