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.
OANDA vs FxPro: OANDA was founded in 1996, while FxPro began in 2006. Neither broker is publicly traded. OANDA is not a bank, whereas FxPro is a bank.
Regulation and trust: OANDA holds 7 Tier-1 licenses and 0 Tier-2 licenses; FxPro holds 2 Tier-1 licenses and 1 Tier-2 license (Tier-1 is viewed as highly trusted by ForexBrokers.com). On ForexBrokers.com’s 0–99 Trust Score, both rank as highly trusted (90–99): OANDA scores 92 and FxPro scores 93.
| 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 are fairly close on commissions and fees, and both earn 4 out of 5 stars for this category. In ForexBrokers.com’s rankings, OANDA places #31 out of 36 brokers, while FxPro ranks slightly higher at #30 out of 36. For everyday traders, that means neither broker is a low-cost leader, but each offers pricing models that may fit different trading styles.
OANDA’s trading costs are generally on the high side, with average forex spreads that can be wider than those at the cheapest brokers. Its core pricing cuts spreads, but adds a commission of $5 per side per $100,000 traded, and it requires a $10,000 minimum deposit. OANDA does stand out for very small trade sizes, automatic execution, and rebate perks for active traders, but its published spread data can be harder to compare directly with competitors. For example, its average non-core EUR/USD spread was 1.61 pips in July 2024.
FxPro also sits above the industry average on pricing, though its cheapest setup is on cTrader, where commission-based pricing brings the effective EUR/USD cost to about 1.27 pips. On MT4 and MT5, variable spreads are higher, with EUR/USD spreads around 1.51 to 1.71 pips depending on execution type. FxPro offers fixed and variable pricing on some platforms, plus an Active Trader program with discounts of up to 30%, but overall its fees still trail the best low-cost brokers.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Spread-only account | 1.68 | 1.44 |
| All-in Cost EUR/USD - Raw spread account | 1.69 | 0.92 |
| Non-wire bank transfer (Deposit/Withdraw) | 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 and FxPro both give traders access to forex trading, copy trading, and cryptocurrency CFDs, but OANDA offers a wider overall selection of markets. OANDA lists 4,172 tradeable symbols versus 2,278 at FxPro, while FxPro has a slight edge in forex pairs with 75 compared with OANDA’s 69. For many traders, that means OANDA may feel like the broader choice for picking from more instruments, while FxPro still offers a solid set of currency pairs.
The biggest difference is in share and crypto access. OANDA lets clients buy actual U.S. and international exchange-listed shares, and it also supports buying real cryptocurrency, not just crypto CFDs. FxPro offers international exchange-listed shares and crypto CFDs, but not actual U.S. shares or delivered crypto. That extra variety helps explain why OANDA is rated higher for Range of Investments, at 4.5 out of 5 stars and #20 out of 36 brokers, compared with FxPro’s 4 out of 5 stars and #24 ranking.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 2278 |
| Forex Pairs (Total) | 69 | 75 |
| 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 and FxPro both give traders a strong set of platform choices, including free demo accounts, web-based trading, Windows desktop downloads, copy trading, MetaTrader 4, and MetaTrader 5. Both brokers also let you trade directly from charts, which can make it easier to act on market moves without switching screens. In this area, the two are closely matched, so the better choice may come down to which interface feels easier to use in day-to-day trading.
One clear difference is that OANDA offers a proprietary platform built in-house, while FxPro does not. That may matter if you want a broker-specific experience alongside the familiar MetaTrader options. Both OANDA and FxPro are rated 4 out of 5 stars for Trading Platforms and Tools, but OANDA is ranked higher by ForexBrokers.com at #16 out of 36 brokers, compared with FxPro at #18, giving OANDA a slight edge overall.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| 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 give traders solid mobile access with iPhone and Android apps, plus price alerts to help users stay on top of the market. Each app also lets you draw trendlines on charts and saves those drawings automatically, which is useful for traders who want to review chart setups later. For everyday mobile trading, both brokers cover the basics well and make it easy to manage trades on the go.
Where the two differ most is in charting tools and watchlist syncing. FxPro offers watchlist symbol syncing between its mobile app and online account, so changes carry over across devices, while OANDA does not. FxPro also provides more technical studies in its mobile charts, with 65 compared with OANDA’s 30. Even so, OANDA has the edge in overall mobile app ratings, earning 5 stars and a #7 ranking from ForexBrokers.com, versus FxPro’s 4.5 stars and #15 ranking.
| 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.
When it comes to market research, OANDA has the edge over FxPro. Both brokers provide daily market commentary, Autochartist tools, and an economic calendar, so traders at either firm can keep up with key market events and scan for trading ideas. FxPro also stands out for offering Trading Central tools, which OANDA does not, giving FxPro users an extra source of chart and signal-based analysis.
That said, OANDA offers more overall research depth thanks to forex news from top-tier sources like Bloomberg and Reuters, plus a sentiment tool that shows how traders are positioned across currency pairs and other instruments. OANDA’s research is rated 5 stars and ranked #4 out of 36 brokers by ForexBrokers.com, while FxPro is rated 4 stars and ranked #23, making OANDA the stronger choice for traders who want more complete market research support.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | Yes |
| 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 to learn before they trade, OANDA offers a stronger education package than FxPro overall. OANDA provides forex and CFDs learning content, runs online educational webinars at least once a month, and has more than 10 beginner videos plus more than 10 advanced videos, giving new traders room to grow as they gain experience. It is also rated 5 stars for Education by ForexBrokers.com, ranking #18 out of 36 brokers.
FxPro also offers forex and CFDs education and at least 10 beginner videos, but it falls short in a few key areas for learners who want more ongoing support. It does not offer monthly educational webinars and does not provide at least 10 advanced educational videos. FxPro is rated 4 stars for Education and ranks #17 out of 36, so while it scores slightly higher in the ranking, OANDA stands out as the better choice for beginner-friendly learning resources.
| 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 #14, while FxPro finished with an overall rank of #20.
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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FxPro
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| Trust Score | 92 | 93 |
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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.
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0 of 5| Overall Rating | OANDA | FxPro | |
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| Trust Score | 92 | 93 | |
| Winner | check_circle | ||
| Review | OANDA Review | FxPro Review |
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| Regulation | OANDA | FxPro | |
|---|---|---|---|
| Trust Score | 92 | 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 (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 | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA 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 | 2278 | |
| Forex Pairs (Total) | 69 | 75 | |
| 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) - Spread-only account | 1.68 | 1.44 | |
| All-in Cost EUR/USD - Raw spread account | 1.69 | 0.92 | |
| 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 (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | OANDA | FxPro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| 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 | No | |
| Autochartist | Yes | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| 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 | |
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| Trust Score | 92 | 93 | |
| Winner | check_circle | ||
| Review | OANDA Review | FxPro Review |
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