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 vs Exness: OANDA, founded in 1996, and Exness, founded in 2008, are online forex brokers that are not publicly traded and are not banks. According to ForexBrokers.com, OANDA’s Trust Score is 92/99 (90-99 = highly trusted), while Exness scores 80/99 (80-89 = trusted), offering a quick snapshot of perceived safety.
Regulation differs: OANDA holds 7 Tier-1 licenses (considered highly trusted by ForexBrokers.com) and 0 Tier-2 licenses. Exness holds 2 Tier-1 licenses and 3 Tier-2 licenses (trusted). In general, more Tier-1 licenses can indicate broader oversight in top-tier jurisdictions, while Tier-2 licenses provide additional regulated coverage.
| 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 |
When comparing OANDA vs Exness on commissions and fees, both brokers land in the middle of the pack with a 4-star rating, but OANDA is ranked slightly higher at #31 out of 36, while Exness sits at #32 out of 36. OANDA’s trading costs are generally on the higher side, especially on its default pricing, where EUR/USD averaged 1.61 pips in July 2024. Its core pricing can be cheaper on paper, but it adds commission costs, and the all-in price only ends up a bit better than the standard option. OANDA’s main plus is flexible trade sizing, with the ability to trade as little as 1 unit, plus rebates for very active traders in some regions.
Exness offers more account choices, and its fees vary a lot depending on which one you pick. Its Standard Cent, Standard, and Pro accounts are commission-free, but spreads are usually wider on the lower-tier accounts and tighter on Pro. For traders who want lower spreads with commissions, Exness has the Zero Spread account, which charges a small per-trade commission, and the Raw account, which charges up to $7 per round turn lot. In simple terms, Exness can be cheaper if you choose the right account type, but the lowest-cost setup depends on your trading style and volume.
Overall, OANDA is easier to compare and use for traders who want straightforward pricing, while Exness gives more options for those willing to shop around for the best fit. If low trading costs are your top priority, Exness may have the edge on some accounts, but OANDA offers clear pricing and strong execution across its account lineup. Neither broker is a true low-cost leader when stacked against the best in the market.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| 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.
When it comes to range of investments, OANDA offers more choice overall than Exness. OANDA lists 4,172 tradeable symbols, compared with 239 at Exness, and both brokers support forex trading as either a CFD or spot contract. Exness does offer slightly more forex pairs, with 78 versus OANDA’s 69, so traders focused mainly on currency markets may find a bit more variety there.
OANDA stands out for having a wider mix of assets beyond forex. It lets clients trade exchange-traded U.S. shares and international shares, offers copy trading, and provides access to both actual cryptocurrency and crypto CFDs. Exness, by contrast, does not offer exchange-traded stocks, copy trading, or actual crypto, though it does offer crypto CFDs. Reflecting this broader selection, OANDA is rated 4.5 out of 5 for range of investments and ranks #20 out of 36 brokers, while Exness is rated 3.5 out of 5 and ranks #35.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 239 |
| Forex Pairs (Total) | 69 | 78 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| 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 give traders a wide set of platform choices, including a free demo account for paper trading, a proprietary in-house platform, web-based access, Windows desktop downloads, MetaTrader 4, and MetaTrader 5. Each also lets you trade directly from a chart, making it easier to react quickly when the market moves. Based on ForexBrokers.com, both brokers earn 4 out of 5 stars for Trading Platforms and Tools, with Exness ranked slightly higher at #15 out of 36 brokers compared with OANDA at #16.
One key difference is copy trading: OANDA offers it, while Exness does not. For traders who want to follow and mirror other investors, that may be an important advantage. If you want a broker with similar core platform options, either one is a strong choice, but OANDA may appeal more to beginners and hands-off traders thanks to its copy trading feature, while Exness stands out for matching most of the same platform tools without that option.
| 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 | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 89 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and Exness both make it easy to trade on the go with iPhone and Android apps, plus price alerts and trendline drawing tools. OANDA’s mobile app stands out for its smooth charting experience, including auto-saving drawings, while Exness does not auto-save chart drawings. On the other hand, Exness offers watchlist syncing between the mobile app and online account, which OANDA does not, making it easier to keep track of symbols across devices.
When it comes to charting depth, Exness offers 100 technical studies in its mobile app compared with OANDA’s 30, giving active chart users more tools to work with. Still, OANDA holds the edge in overall mobile performance, earning a 5-star rating and a #7 ranking out of 36 brokers from ForexBrokers.com, while Exness is rated 4 stars and ranked #18. For traders who want a polished app with strong chart handling, OANDA is the stronger pick; for those who value watchlist syncing and a wider range of indicators, Exness has the advantage.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
OANDA and Exness both give traders daily market commentary, forex news from major sources such as Bloomberg, Reuters, and Dow Jones, plus an economic calendar to track upcoming global events. Both brokers also offer tools that help traders follow the market more closely, making it easier to stay informed before placing a trade.
Where they differ is in the research tools they provide. OANDA includes Autochartist and a sentiment tool that shows long and short positioning across currency pairs, while Exness offers Trading Central instead. Neither broker offers TipRanks or Acuity Trading tools. Overall, OANDA has the edge in research, with a 5-star rating and a #4 ranking out of 36 brokers from ForexBrokers.com, compared with Exness at 3.5 stars and #32.
| 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 | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner education, both OANDA and Exness give new traders a wide range of learning materials, including at least 10 forex or CFD-focused educational pieces, monthly online webinars, and 10 or more beginner videos. They also both offer advanced videos for more experienced traders, so learners can keep building their skills as they gain confidence. In simple terms, either broker can give beginners a solid starting point for learning about trading.
That said, OANDA has the edge in education overall. ForexBrokers.com gives OANDA a 5-star education rating and ranks it #18 out of 36 brokers, while Exness is rated 3.5 stars and ranked #21. For beginners who want more clearly rated educational support and a slightly stronger learning setup, OANDA appears to be the better choice, even though Exness still provides plenty of useful 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 #13, while Exness finished with an overall rank of #31.
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 | 92 | 80 |
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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 | 92 | 80 | |
| Winner | check_circle | ||
| Review | OANDA Review | Exness Review |
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| Regulation | OANDA | Exness | |
|---|---|---|---|
| Trust Score | 92 | 80 | |
| 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 CMA 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 | 239 | |
| Forex Pairs (Total) | 69 | 78 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| 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 | $100 | |
| 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 | No | |
| 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 | 106 | |
| 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 | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 100 | |
| 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 | No | |
| 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 | 92 | 80 | |
| Winner | check_circle | ||
| Review | OANDA Review | Exness Review |
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