Written by ForexBrokers.com
In this head to head comparison of OANDA vs Markets4you, 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 choosing an online broker, understanding their history and trust level is crucial. OANDA, founded in 1996, and Markets4you, established in 2007, are both privately held companies that are not publicly traded and do not operate as banks. Despite these similarities, their regulatory credentials differ significantly. OANDA is distinguished by holding seven Tier-1 licenses, which are considered the pinnacle of trust and security. In contrast, Markets4you does not hold any Tier-1 licenses.
In terms of trust ratings, OANDA stands out with a Trust Score of 93 out of 99 according to ForexBrokers.com, marking it as a highly trusted broker. Conversely, Markets4you earns a score of 61, placing it in the high-risk category. This discrepancy in their Trust Scores suggests that OANDA is seen as a more secure choice for individuals seeking to engage in online trading.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Year Founded | 1996 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing OANDA and Markets4you in terms of commissions and fees, OANDA emerges with a notable advantage. OANDA's forex trading costs are relatively high due to substantial effective spreads. However, the broker offers the benefit of automated execution, unlike Markets4you, whose average spread data is not publicly available. OANDA's bid/ask spreads are comparable to those of FOREX.com and FxPro, but can be slightly higher than brokers offering sub-pip spreads.
OANDA's core pricing provides reduced spreads but involves a commission of $5 per $100,000 traded, which amounts to around $10 per round turn standard lot. For example, the EUR/USD pair under OANDA's default pricing has an average spread of 1.6 pips, compared to a 0.4-pip spread with its core pricing. Including the commission, the total core pricing cost is approximately 1.4 pips. This structure offers a slight cost advantage over their commission-free option for those who meet the $10,000 minimum deposit requirement.
In terms of ratings, OANDA receives 4 stars out of 5 for its commissions and fees, positioning it at #34 out of 63 brokers according to ForexBrokers.com. Meanwhile, Markets4you, which lacks detailed spread information, holds a 3.5-star rating and ranks #54 in the same category. OANDA offers micro lot trading, allowing trades as small as 1 unit or 0.001 micro lot, and an Elite Trader program that provides perks such as rebates and subscription reimbursements. Despite its challenge with precise spread transparency, OANDA's initiatives overall offer various benefits to its users.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.61 | N/A |
| All-in Cost EUR/USD - Active | 1.61 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment options available at OANDA and Markets4you, several key differences emerge. OANDA boasts a significantly larger range of tradeable symbols, numbering 3928, while Markets4you offers 150. Both brokers support forex trading with OANDA providing access to 68 forex pairs compared to Markets4you’s 43 pairs. However, neither platform allows for direct purchase of exchange-traded securities on U.S. or international exchanges, meaning investors can't directly buy shares like Apple or Vodafone from these platforms.
For those interested in cryptocurrency, OANDA offers the added advantage of allowing the purchase of actual cryptocurrency, which Markets4you does not. Both brokers do offer options to trade cryptocurrency derivatives and facilitate copy trading, appealing to diverse trading strategies. According to ForexBrokers.com, OANDA is ranked 27th for its range of investments with a 4-star rating, whereas Markets4you is placed at 58th and rates slightly lower with 3.5 stars. This ranking highlights OANDA’s broader investment offerings and accessibility advantages for prospective traders.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 3928 | 150 |
| Forex Pairs (Total) | 68 | 43 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | 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.
OANDA and Markets4you both offer traders a wealth of similar features, including simulated trading through free virtual demo accounts, proprietary platforms, and MetaTrader 4 and MetaTrader 5 integration. Both brokers provide a web-based platform for those who prefer trading in a browser, as well as a Windows-based desktop download option. Additionally, they support copy trading, allowing users to learn from and replicate the trades of experienced investors. However, neither OANDA nor Markets4you offers support for third-party services DupliTrade or ZuluTrade.
When it comes to charting, OANDA stands out with 431 drawing tools, significantly more than the 15 offered by Markets4you. Both platforms allow trading directly from stock charts, which is a convenient feature for those who want to act immediately on their analyses. In terms of watch list customization, Markets4you takes a slight edge with seven columns as opposed to OANDA’s six. Despite both brokers receiving a solid four-star rating for trading platforms and tools, OANDA is ranked #15 out of 63 brokers by ForexBrokers.com, while Markets4you holds the #52 spot, indicating a slightly stronger market position for OANDA in this category.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary 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 |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 81 | 30 |
| Charting - Drawing Tools (Total) | 431 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both OANDA and Markets4you offer comprehensive trading experiences with their mobile apps, catering to users of iPhone and Android devices. Both platforms provide essential features like stock and forex price alerts, the ability to draw trendlines on charts, and viewing multiple time frames. While each offers up to 30 technical studies in their charting tools, neither provides syncing for watchlists between mobile and online accounts. Notably, both apps enable the creation of watchlists with real-time quotes, and they automatically save chart drawings to enhance the trading experience.
When it comes to user ratings and industry rankings, OANDA outshines Markets4you. OANDA has earned a higher customer rating of 5 stars for its mobile trading app, compared to Markets4you's 4 stars. Additionally, OANDA ranks 7th out of 63 brokers in ForexBrokers.com's mobile trading apps category, significantly ahead of Markets4you, which sits at 50th place. These distinctions make OANDA a more appealing choice for traders seeking a highly-regarded mobile trading app.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, both OANDA and Markets4you provide a range of tools to their users. Both brokers offer daily market commentary and access to forex news from reputable sources such as Bloomberg and Reuters. They also incorporate tools from Autochartist, helping traders with technical and fundamental analysis. However, Markets4you edges out OANDA by offering additional insights through Technical Analytics from Trading Central.
While OANDA provides a sentiment-based trading tool that shows long and short positions across various currency pairs, Markets4you lacks this feature. Both brokers display economic calendars for global news events, but neither offers research tools from TipRanks or Acuity Trading. Overall, OANDA scores higher in research with a 5-star rating and ranks fifth among 63 brokers, whereas Markets4you scores 3.5 stars and ranks 47th in the same category.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When exploring educational resources for online trading, OANDA stands out compared to Markets4you, especially for beginners. Both OANDA and Markets4you offer a range of educational materials with at least 10 pieces dedicated to forex and CFDs. However, OANDA excels with monthly online educational webinars and a searchable archive of past sessions, allowing traders to gain insights at their own pace. Markets4you lacks this consistency in live webinars, limiting interactive learning opportunities. On the video content front, OANDA provides an extensive collection specifically for beginners and advanced traders, while Markets4you falls short in this area, focusing less on video resources for novices.
For those new to trading, having access to a comprehensive investor dictionary can be a game-changer, and OANDA delivers with definitions for over 50 investing terms, a feature not offered by Markets4you. This wealth of educational content has earned OANDA a 5-star rating for education, higher than the 3.5 stars for Markets4you. Additionally, OANDA ranks #22 out of 63 brokers in the Education category on ForexBrokers.com, slightly ahead of Markets4you's #26 ranking. Overall, OANDA provides a more thorough and accessible learning experience, making it a strong choice for beginner traders eager to build their knowledge.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | 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 Markets4you. OANDA finished with an overall rank of #12, while Markets4you finished with an overall rank of #56.
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
|
Markets4you
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 61 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
OANDA provides the option to purchase both actual cryptocurrency and cryptocurrency derivatives, whereas Markets4you exclusively offers cryptocurrency derivatives without the ability to buy actual cryptocurrencies.
When comparing online brokers OANDA and Markets4you, OANDA stands out by offering more flexible deposit and withdrawal options, including ACH, SEPA, and PayPal, in addition to Skrill, Visa, Mastercard, and bank wires, whereas Markets4you provides options for Skrill, Visa, Mastercard, and bank wires but lacks support for ACH, SEPA, and PayPal transactions.
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 | Markets4you | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 61 | |
| Winner | check_circle | ||
| Review | OANDA Review |
| Broker Screenshots | OANDA | Markets4you | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | OANDA | Markets4you | |
|---|---|---|---|
| Trust Score | 93 | 61 | |
| Year Founded | 1996 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 0 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | OANDA | Markets4you | |
|---|---|---|---|
| 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) | No | No | |
| 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 | No |
| Tier-2 Licenses (Trusted) | OANDA | Markets4you | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | OANDA | Markets4you | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 3928 | 150 | |
| Forex Pairs (Total) | 68 | 43 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | 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 | Markets4you | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.61 | N/A | |
| All-in Cost EUR/USD - Active | 1.61 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | OANDA | Markets4you | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | OANDA | Markets4you | |
|---|---|---|---|
| Proprietary 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 | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | OANDA | Markets4you | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 81 | 30 | |
| Charting - Drawing Tools (Total) | 431 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | Markets4you | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | OANDA | Markets4you | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | Markets4you | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | OANDA | Markets4you | |
|---|---|---|---|
| GBP/USD | Yes | No | |
| USD/JPY | Yes | No | |
| EUR/USD | Yes | No | |
| USD/CHF | Yes | No | |
| USD/CAD | Yes | No | |
| NZD/USD | Yes | No | |
| AUD/USD | Yes | No | |
| Review | OANDA Review |
| Overall | OANDA | Markets4you | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 61 | |
| Winner | check_circle | ||
| Review | OANDA Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill