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 | 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 delivers access to 4,172 tradable symbols versus 2,249 at FxPro. Both let you trade forex as CFDs or spot contracts, with 69 pairs at OANDA and 70 at FxPro. For shares, OANDA offers exchange-traded stocks from U.S. markets as well as international exchanges, while FxPro offers exchange-traded stocks from international exchanges but not U.S. markets. Crypto is another divider: both provide cryptocurrency derivatives, but only OANDA lets you buy actual crypto. Copy trading is available at both brokers.
In third-party evaluations for range of investments, both earned 4 stars. OANDA ranks 28th out of 63 brokers, edging FxPro at 29th. In short, choose OANDA if you want the widest symbol list, access to U.S. and international shares, and the option to buy real crypto; pick FxPro if you’re mainly focused on forex pairs and international exchange-listed shares with copy trading support.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 2249 |
| Forex Pairs (Total) | 69 | 70 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (Derivative) | 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.
Comparing OANDA and FxPro for trading platforms and tools, both brokers check the key boxes. Each offers a free demo (paper) account, a proprietary in-house platform, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on Windows desktop and via a web-based platform with either broker. Both also support copy trading and let you place trades directly from charts, giving you flexible ways to analyze and execute.
In independent testing of Trading Platforms and Tools, both OANDA and FxPro earn 4 stars. OANDA is ranked #15 out of 63 brokers by ForexBrokers.com, with FxPro close behind at #17. If you value slightly higher third-party rankings, OANDA has a small edge; otherwise, their platform lineups are very similar, so your choice may come down to which interface you prefer during a demo trial.
| Feature |
OANDA
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / 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 vs FxPro for mobile trading apps: both brokers offer iPhone and Android apps with price alerts, real-time quote watchlists, and drawing tools such as trendlines that auto-save on charts. For charting depth, OANDA includes 30 technical studies in its app, while FxPro offers 65, which may appeal to traders who rely heavily on indicators.
Key differences come down to convenience and accolades. FxPro syncs watchlist symbols between the mobile app and your online account, while OANDA does not. According to ForexBrokers.com, OANDA’s mobile app earns 5 stars and ranks #7 out of 63 brokers, whereas FxPro’s app earns 4.5 stars and ranks #15. Choose OANDA if top-tier ratings and a polished overall experience matter most; pick FxPro if you want more built-in indicators and seamless watchlist syncing.
| 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 |
| Mobile Watchlist | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners, both OANDA and FxPro offer strong starting points: each has at least 10 beginner-focused videos that explain trading basics in plain language. OANDA also hosts live educational webinars at least once a month, which is helpful if you like learning in real time; FxPro does not offer monthly client webinars. Whether either broker maintains a searchable archive of past webinars or a broader forex/CFD education library with 10+ mixed pieces (articles, videos, or archived webinars) was not specified.
If you plan to grow beyond the basics, OANDA goes further with at least 10 advanced trading videos, while FxPro does not meet that mark. It’s also unclear whether either broker provides an investor dictionary with 50+ term definitions. According to ForexBrokers.com, OANDA earns 5 stars for Education and ranks #19 out of 63 brokers, while FxPro earns 4 stars and ranks #18. Bottom line: both are beginner-friendly, with OANDA adding regular live sessions and deeper advanced videos, and FxPro close behind in overall ranking.
| 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
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FxPro
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|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 93 |
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While both OANDA and FxPro provide options for purchasing cryptocurrency derivatives, only OANDA offers the unique capability to buy actual delivered cryptocurrency, making it a distinctive choice for traders looking to own real crypto assets.
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 | 93 | 93 | |
| Winner | check_circle | ||
| Review | OANDA Review | FxPro Review |
| Broker Screenshots | OANDA | FxPro | |
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| 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (Derivative) | 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 | 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 | |
| Social Trading / 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 | 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 | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | FxPro | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | 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 | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD [DELETED] | |||
| Review | OANDA Review | FxPro Review |
| Overall | OANDA | FxPro | |
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| Trust Score | 93 | 93 | |
| Winner | check_circle | ||
| Review | OANDA Review | FxPro Review |
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