Written by ForexBrokers.com
In this head to head comparison of OANDA vs FxPro, 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.
When comparing online brokers OANDA and FxPro, both have established solid reputations, each with a Trust Score of 93 out of 99 from ForexBrokers.com. Founded in 1996, OANDA has a head start in the industry compared to FxPro, which was founded in 2006. Despite both being privately held, OANDA differentiates itself with its substantial regulatory backing, holding seven Tier-1 licenses, which are considered highly trusted. In contrast, FxPro holds two Tier-1 and one Tier-2 licenses. This regulatory framework is critical for traders prioritizing trust and security.
In terms of other operational aspects, OANDA functions solely as a brokerage, while FxPro operates as a bank, potentially offering a broader range of services. However, neither company is listed on a stock exchange, and thus, they maintain privacy over their financials. Choosing between OANDA and FxPro may depend on a trader's preference for regulatory presence, banking capabilities, or simply brand tenure in the market.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Year Founded | 1996 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | Yes |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
OANDA and FxPro both earn 4 out of 5 stars for commissions and fees, but FxPro ranks slightly higher (#33 of 63) than OANDA (#35 of 63) in ForexBrokers.com’s category. Both tend to cost more than the cheapest brokers. On EUR/USD, OANDA’s average spread under its standard (commission-free) plan was 1.61 pips (July 2024). FxPro’s variable spreads were about 1.51–1.71 pips on MetaTrader, depending on execution type (August 2020 data). FxPro’s cTrader plan, which adds a commission, worked out to about 1.27 pips all-in on EUR/USD (0.37-pip average spread plus a 0.9-pip commission-equivalent), which can undercut OANDA’s best available pricing in some cases.
OANDA offers two pricing paths: default, and “core” pricing with lower spreads plus a commission. Core pricing charges $5 per side per $100,000 traded (about $10 per round turn per standard lot) and requires a $10,000 minimum deposit. Using the EUR/USD example, a 0.4-pip core spread plus a ~1.0-pip commission-equivalent yields about 1.4 pips all-in—slightly cheaper than OANDA’s default pricing. OANDA also lets you trade as little as 1 unit (far smaller than a micro lot), publishes trailing average spreads for transparency, and provides volume-based rebates of $5–$17 per million in select regions, along with possible TradingView subscription credits.
FxPro’s pricing is generally above the industry average unless you choose cTrader with commissions, where its roughly 1.27-pip all-in cost on EUR/USD (based on 2020 data) can be competitive. On MetaTrader, you can pick variable or fixed spreads on MT4 (no fixed pricing on MT5). Variable spreads were about 1.58 pips on MT4 market execution (1.51 on MT5) and 1.71 pips with instant execution, with trade-offs around slippage and requotes. MetaTrader orders require at least 1 pip distance for stops/limits, while cTrader has no minimum distance. FxPro also runs an Elite/Active Trader program with discounts up to 30%, though it still trails top low-cost leaders.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.69 | 1.51 |
| All-in Cost EUR/USD - Active | 1.69 | 1.27 |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
OANDA vs FxPro: Both support forex trading as CFDs or spot. OANDA lists 4,172 tradeable symbols, while FxPro offers 2,249. For currency pairs, FxPro edges OANDA 70 vs 69. If you want the widest selection of instruments, OANDA has the larger lineup, but both cover the core markets most traders look for.
OANDA also lets clients buy exchange-traded securities on both U.S. and international exchanges; FxPro offers exchange-traded access on international markets but not the U.S. Both provide copy trading. For crypto, OANDA supports both real coins and crypto CFDs, whereas FxPro offers crypto CFDs only. According to ForexBrokers.com, each broker earns 4 stars for Range of Investments, with OANDA ranked 28th and FxPro 29th out of 63.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 2249 |
| Forex Pairs (Total) | 69 | 70 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| 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 vs FxPro for platforms and tools: both brokers check the key boxes. Each offers a free demo account for paper trading, a proprietary in-house platform, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade in a browser or use a Windows desktop platform, enable copy trading, and place orders directly from charts.
For Trading Platforms and Tools, ForexBrokers.com rates both brokers at 4 stars, with OANDA ranked #15 out of 63 and FxPro #17 out of 63. The exact counts for technical indicators and watch list fields weren’t provided, but the core features are present on both. Your choice may come down to which platform layout and toolset you prefer in day-to-day use.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| 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 | 53 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and FxPro both offer iPhone and Android apps for forex trading, along with price alerts. The key difference is watchlists: FxPro syncs watchlists between mobile and the web platform, while OANDA does not. For charting, OANDA’s mobile app includes 30 technical studies, whereas FxPro provides 65. Both apps let you draw trendlines, and drawings auto-save.
In overall quality, OANDA’s mobile trading apps are rated 5 stars and ranked #7 out of 63 brokers by ForexBrokers.com, while FxPro earns 4.5 stars and ranks #15. If you value a top-rated mobile experience, OANDA stands out; if you want more built-in indicators and watchlist syncing, FxPro may be the better fit.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing OANDA vs FxPro for market research, both brokers deliver daily market commentary and stream forex news from top-tier sources like Bloomberg or Reuters. Each one also provides a sentiment tool showing the ratio of long and short positions, plus an economic calendar to track upcoming events. Neither broker includes TipRanks or Acuity Trading tools.
The big difference is in third-party analysis: OANDA includes Autochartist, while FxPro offers Trading Central instead. If you value Autochartist pattern recognition, OANDA has the edge; if you prefer Trading Central’s analytics, FxPro may suit you better. According to ForexBrokers.com, OANDA earns 5 stars for Research and ranks #4 out of 63 brokers, while FxPro holds 4 stars and ranks #26.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| 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.
OANDA vs. FxPro for beginner education: both brokers provide forex and CFD education that meets the basic standard of at least 10 learning pieces, and each offers 10+ beginner-friendly video lessons. Where they differ is live training. OANDA hosts client webinars at least once a month, giving newcomers a chance to ask questions and see concepts in action. FxPro does not run monthly educational webinars, so its learning experience leans more on on-demand content.
As you advance, OANDA also supplies 10+ videos for experienced traders, while FxPro does not match that depth. That helps OANDA create a clearer path from beginner to more advanced skills. Reflecting this, OANDA earns 5 stars for Education compared to FxPro’s 4 stars, though ForexBrokers.com ranks FxPro slightly higher in the Education category (#18 vs. OANDA at #19). If you want live guidance and room to grow, OANDA stands out; if you’re fine with self-paced beginner videos, FxPro remains a solid option.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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 FxPro. OANDA finished with an overall rank of #12, while FxPro finished with an overall rank of #21.
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
|
FxPro
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 93 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Comparing online brokers OANDA vs FxPro for cryptocurrency trading: OANDA allows you to buy actual (delivered) cryptocurrency and trade cryptocurrency CFDs, while FxPro supports only cryptocurrency CFDs and does not offer buying real (delivered) crypto.
OANDA vs FxPro: both brokers support ACH/SEPA transfers, PayPal, Skrill, and bank wire deposits and withdrawals, while Visa/Mastercard availability is not specified for either.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | OANDA | FxPro | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 93 | |
| Winner | check_circle | ||
| Review | OANDA Review | FxPro Review |
| Broker Screenshots | OANDA | FxPro | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | OANDA | FxPro | |
|---|---|---|---|
| Trust Score | 93 | 93 | |
| Year Founded | 1996 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | OANDA | FxPro | |
|---|---|---|---|
| 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 | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | OANDA | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 2249 | |
| Forex Pairs (Total) | 69 | 70 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| 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 | FxPro | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.69 | 1.51 | |
| All-in Cost EUR/USD - Active | 1.69 | 1.27 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | OANDA | FxPro | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | OANDA | FxPro | |
|---|---|---|---|
| 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 | Yes |
| Trading Tools | OANDA | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 53 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | FxPro | |
|---|---|---|---|
| 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 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | FxPro | |
|---|---|---|---|
| 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 | FxPro | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | OANDA | FxPro | |
|---|---|---|---|
| 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 | FxPro Review |
| Overall | OANDA | FxPro | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 93 | |
| Winner | check_circle | ||
| Review | OANDA Review | FxPro Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill