Written by ForexBrokers.com
In this head to head comparison of OANDA vs GBE brokers, 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, established in 1996, holds a strong position in the online brokerage world, boasting a high Trust Score of 93 out of 99 according to ForexBrokers.com. Despite not being publicly traded or functioning as a bank, OANDA's reliability is bolstered by its possession of 7 Tier-1 licenses, considered the gold standard in regulatory trust. This makes it one of the most trusted names in the industry.
In comparison, GBE brokers, founded in 2013, holds a Trust Score of 71, placing it in the average risk category. Like OANDA, GBE brokers is neither publicly traded nor a bank. However, it carries only one Tier-1 license, indicating a lower level of regulatory trust compared to its counterpart. Despite being relatively newer and holding fewer licenses, GBE brokers still maintains a presence in the market with its current regulatory framework.
| Feature |
OANDA
|
GBE brokers
|
|---|---|---|
| Year Founded | 1996 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
For commissions and fees, both OANDA and GBE brokers earn 4 out of 5 stars. In ForexBrokers.com’s Commissions and Fees rankings, OANDA sits at #35 out of 63, while GBE brokers is #38. OANDA’s trading costs are generally on the high side, but it offers dependable automated execution. GBE brokers does not publish average spread data, which makes side‑by‑side cost comparisons less precise.
OANDA’s default, commission-free pricing delivered an average EUR/USD spread of 1.61 pips in July 2024. Its “core pricing” cuts the spread but adds a commission of $5 per side per $100,000 traded (about $10 per round turn), with a $10,000 minimum deposit. Using the EUR/USD as an example, a 0.4‑pip core spread plus roughly 1.0 pip in commission equates to an all-in cost of about 1.4 pips—slightly below the default 1.6 pips. OANDA also allows ultra-small trade sizes (down to 1 unit) and offers volume rebates of $5–$17 per million for eligible active traders, along with potential TradingView subscription reimbursements. It publishes a trailing average of spreads for transparency, though not a fixed-period average, which limits apples-to-apples comparisons.
For GBE brokers, average spread data is not available, so it’s harder to estimate true all-in costs versus OANDA. If you’re comparing the two, check GBE brokers’ live spreads, any per‑trade commissions, and overnight financing (swap) rates to gauge your likely costs. Ratings: OANDA—4/5 stars, ranked #35/63; GBE brokers—4/5 stars, ranked #38/63.
| Feature |
OANDA
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $0 | $1000 |
| Average Spread EUR/USD - Standard | 1.69 | N/A |
| All-in Cost EUR/USD - Active | 1.69 | N/A |
| 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 a wider overall selection with 4,172 tradeable symbols, compared with GBE Brokers’ 500. GBE Brokers offers slightly more forex pairs (71 vs. 69), and both brokers let you trade forex as CFDs or spot. OANDA also provides access to exchange-traded securities on U.S. and international exchanges, something GBE Brokers doesn’t offer. Both support copy trading and crypto derivatives, but only OANDA lets you buy actual cryptocurrency in addition to derivatives.
For Range of Investments, ForexBrokers.com rates OANDA at 4 stars (28th of 63) and GBE Brokers at 3.5 stars (45th of 63). Choose OANDA if you want broad multi-asset access including U.S. and global stocks plus real crypto; pick GBE Brokers if your focus is forex and you value a slightly larger list of currency pairs over a wide product selection.
| Feature |
OANDA
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 500 |
| Forex Pairs (Total) | 69 | 71 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| 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.
Comparing OANDA and GBE brokers on trading platforms and tools: both brokers offer free demo accounts for paper trading, Windows desktop and web-based platforms, copy trading, and the ability to place trades directly from charts. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The key difference is that OANDA also provides its own in-house trading platform in addition to MetaTrader, while GBE brokers relies on third-party platforms.
Both are rated 4 stars for Trading Platforms and Tools. That said, ForexBrokers.com ranks OANDA at #15 out of 63 brokers versus GBE brokers at #58, indicating stronger overall platform sentiment for OANDA. Details about DupliTrade, ZuluTrade, the number of chart indicators, drawing tools, and watch list fields were not provided.
| Feature |
OANDA
|
GBE brokers
|
|---|---|---|
| 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 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA vs GBE brokers: both offer mobile trading apps for iPhone and Android. Each app supports price alerts, plus solid charting with 30 technical indicators, trendline drawing, and auto‑saved annotations so your work sticks. One important caveat for both: watchlists in the mobile app do not sync with your online account.
When it comes to ratings, OANDA pulls ahead. It earns 5 stars and ranks #7 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while GBE brokers holds 4 stars and ranks #58. If you want a top‑rated forex mobile app with strong chart tools and alerts, OANDA is the better choice; GBE brokers still delivers a capable experience, just without watchlist syncing.
| Feature |
OANDA
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist [DELETED] |
Dive deeper: Best Forex Trading Apps.
OANDA vs. GBE brokers: For market research, OANDA provides a broader set of tools and news. Both brokers publish daily market commentary, offer a sentiment tool, and include an economic calendar. OANDA stands out with forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, plus Autochartist for technical and fundamental insights. By contrast, GBE brokers does not offer those two additions, which limits its research depth.
Neither broker includes Trading Central. OANDA also does not offer TipRanks or Acuity Trading; GBE brokers does not indicate support for TipRanks or Acuity Trading. Reflecting these differences, OANDA earns 5 stars for Research and ranks #4 out of 63 brokers at ForexBrokers.com, while GBE brokers receives 3 stars and ranks #63. Traders who want premium news and extra screening tools will likely prefer OANDA; those who just need basic commentary, sentiment, and a calendar may find GBE brokers adequate.
| Feature |
OANDA
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing forex and CFD education for beginners, OANDA clearly offers more learning support than GBE brokers. OANDA runs monthly educational webinars and provides at least 10 beginner videos plus at least 10 advanced videos that walk through trading concepts step by step. By contrast, GBE brokers does not host monthly webinars and does not meet the threshold of 10 beginner or 10 advanced videos, which can make it harder for new traders to find structured guidance.
This difference shows up in third-party ratings: OANDA earns 5 stars for Education and is ranked #19 by ForexBrokers.com, while GBE brokers receives 3 stars and is ranked #64 in the Education category. If you want frequent live sessions and a deeper video library to start learning, OANDA is the stronger pick; GBE brokers may suit traders who only need basic materials. Details such as searchable webinar archives or investor dictionaries were not specified.
| Feature |
OANDA
|
GBE brokers
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 GBE brokers. OANDA finished with an overall rank of #12, while GBE brokers finished with an overall rank of #57.
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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GBE brokers
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|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 71 |
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OANDA provides the capability to purchase actual cryptocurrencies and trade cryptocurrency derivatives, while GBE Brokers offers only the option to trade cryptocurrency derivatives and does not facilitate the purchase of actual cryptocurrencies.
Comparing online brokers OANDA and GBE Brokers: both support ACH/SEPA transfers, PayPal, Skrill, and bank wire deposits and withdrawals, while Visa/Mastercard availability is 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 | GBE brokers | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | OANDA Review |
| Broker Screenshots | OANDA | GBE brokers | |
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| Regulation | OANDA | GBE brokers | |
|---|---|---|---|
| Trust Score | 93 | 71 | |
| Year Founded | 1996 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | OANDA | GBE brokers | |
|---|---|---|---|
| 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 | No | |
| 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 | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | OANDA | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 500 | |
| Forex Pairs (Total) | 69 | 71 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| 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 | GBE brokers | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.69 | N/A | |
| All-in Cost EUR/USD - Active | 1.69 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | OANDA | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $0 | $1000 | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | No |
| Trading Tools | OANDA | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | GBE brokers | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | GBE brokers | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | OANDA | GBE brokers | |
|---|---|---|---|
| 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 |
| Overall | OANDA | GBE brokers | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | OANDA Review |
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