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 for commissions and fees, both brokers earn 4 out of 5 stars, but their pricing works a little differently. OANDA ranks #32 out of 36 brokers for Commissions and Fees, while Exness ranks #33 out of 36. OANDA’s costs are generally on the higher side overall, with its default forex spreads often adding up to more than the lowest-cost brokers. Its core pricing can be cheaper on spread, but it includes a commission and requires a $10,000 minimum deposit, so the savings may be modest once all costs are added together.
Exness offers more account choices, and the cost depends on which one you use. Its standard accounts do not charge commission, but they usually have wider spreads. For traders looking for tighter pricing, Exness also has commission-based options like Zero Spread and Raw, which pair lower spreads with added fees per trade. In simple terms, Exness gives more flexibility, while OANDA keeps things more straightforward but often at a higher all-in trading cost.
For traders focused on lowering fees, the best choice depends on the account type and how often you trade. OANDA may appeal to those who want very small trade sizes and clear pricing data, while Exness may suit those who want a wider range of fee structures, including low-spread commission accounts. In both cases, it is worth comparing the final all-in cost before opening an account.
| Feature |
OANDA
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Spread-only account | 1.68 | N/A |
| All-in Cost EUR/USD - Raw spread account | 1.69 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | 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 ways to diversify than Exness. Both brokers support forex trading through CFDs or spot contracts, but OANDA provides a much larger overall selection with 4,172 tradeable symbols compared with Exness’s 239. OANDA also offers 69 forex pairs, while Exness lists 78 forex pairs, giving Exness a slight edge in currency pairs even though its broader product menu is much smaller.
OANDA also stands out for access to exchange-traded securities on both U.S. and international exchanges, plus copy trading and the ability to buy actual cryptocurrency, not just crypto CFDs. Exness does offer crypto CFDs and forex, but it does not provide exchange-traded stocks, copy trading, or delivered crypto. These differences help explain why OANDA is rated 4.5 out of 5 for range of investments and ranked #20 out of 36 brokers by ForexBrokers.com, while Exness is rated 3.5 stars and ranked #37.
| 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 like Bloomberg and Reuters, and an economic calendar with current and upcoming global events. That means each broker offers the basics most traders look for when checking market news and planning trades. OANDA goes a step further with Autochartist tools and a sentiment feature that shows the balance of long and short positions across currency pairs and other instruments. Exness, on the other hand, includes Trading Central tools, but it does not offer Autochartist or a sentiment-based trading tool.
When it comes to research quality, OANDA has the edge. It scores 5 stars for Research and ranks #4 out of 36 brokers at ForexBrokers.com, while Exness scores 3.5 stars and ranks #34. In simple terms, both brokers cover the main research needs, but OANDA offers more research features overall and is rated much higher for traders who rely on market analysis and trading signals.
| 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.
For beginners looking for trading education, both OANDA and Exness give access to a wide range of learning content focused on forex and CFDs. Each broker offers at least 10 educational pieces on these topics, runs online client webinars at least once a month, and provides more than 10 beginner videos as well as more than 10 advanced videos, so newcomers and more experienced traders can both find useful material.
That said, OANDA has the edge overall in education. It earns a 5-star Education rating and ranks #18 out of 36 brokers at ForexBrokers.com, while Exness holds a 3.5-star Education rating and ranks #20. In simple terms, both brokers support learning well, but OANDA appears to offer the stronger educational experience for beginners.
| 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 #14, 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) - Spread-only account | 1.68 | N/A | |
| All-in Cost EUR/USD - Raw spread account | 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 (Deposit/Withdraw) | 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 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 | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| 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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