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 and Exness on commissions and fees, both brokers earn a 4-star rating, but neither is especially cheap for every type of trader. OANDA ranks #30 out of 36 brokers for this category, while Exness ranks #31 out of 36. In simple terms, OANDA’s pricing is often on the higher side because its spreads can be wide, though it does offer very small trade sizes and clear pricing tools. Exness gives traders more account choices, and the final cost depends a lot on which account you pick.
OANDA’s standard pricing can be expensive, with the EUR/USD average spread around 1.61 pips in July 2024. Its core pricing lowers the spread, but it adds a commission of $5 per $100,000 traded per side, or about $10 round turn per standard lot, and requires a $10,000 minimum deposit. OANDA also offers rebates for active traders in some regions through its Elite Trader program. On the plus side, it allows trading in very small sizes, down to 1 unit, which can help beginners manage risk.
Exness has a wider range of account types, including Standard Cent, Standard, Pro, Zero Spread, and Raw. Its two commission-based accounts usually offer lower spreads than its commission-free accounts. The Zero Spread account charges a small per-trade commission, while the Raw account charges up to $7 per round turn lot, or $3.50 per side, with lower spreads. For traders who want more ways to control costs, Exness may be easier to tailor, while OANDA may appeal to those who value transparent pricing and tiny trade sizes.
| 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.
OANDA offers a wider range of investments than Exness, making it the stronger choice for traders who want more ways to diversify. OANDA supports 4,172 tradeable symbols, compared with 239 at Exness, and both brokers offer forex trading as either CFDs or spot contracts. OANDA also provides 69 forex pairs, while Exness offers 78, so Exness has a slight edge in forex pair count, but OANDA stands out overall for its much larger product lineup.
Beyond forex, OANDA gives clients access to exchange traded securities on both U.S. and international exchanges, copy trading, and the ability to buy actual cryptocurrency as well as crypto CFDs. Exness does not offer exchange traded securities, copy trading, or delivered crypto, though it does offer crypto CFDs. This broader selection helps explain why OANDA is rated 4.5 out of 5 for Range of Investments and ranked #20 out of 36 brokers, while Exness is rated 3.5 out of 5 and ranked #34.
| 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 top sources like Bloomberg, Reuters, and Dow Jones, plus an economic calendar for tracking key global events. Each broker also helps with market insight through current news and schedule updates, making it easier to follow what may move the markets.
Where OANDA stands out is in its extra research tools: it offers Autochartist and a sentiment tool that shows long and short positioning across markets, while Exness does not. Exness, however, includes Trading Central tools, which OANDA does not. Based on ForexBrokers.com, OANDA earns 5 stars for Research and ranks #4 out of 36 brokers, while Exness scores 3.5 stars and ranks #31, giving OANDA the edge overall for market research.
| 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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