Written by ForexBrokers.com
In this head to head comparison of OANDA vs Vantage, 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 Vantage: Both online brokers earn high marks for trust, according to ForexBrokers.com. OANDA scores 92/99 and Vantage 91/99, placing both in the “highly trusted” range (90–99). OANDA was founded in 1996 and Vantage in 2009. Neither firm is publicly traded, and neither operates as a bank.
Regulation is the key differentiator. OANDA holds seven Tier-1 licenses (considered highly trusted by ForexBrokers.com), while Vantage holds two Tier-1 licenses plus one Tier-2 license (trusted). If you prioritize regulatory coverage, OANDA’s larger Tier-1 footprint gives it an edge, though both brokers are rated highly trusted overall.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| Year Founded | 1996 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
When comparing OANDA vs. Vantage on commissions and fees, Vantage comes out ahead overall for most traders. OANDA’s trading costs are usually on the high side, especially on its standard pricing, though it does offer very small trade sizes and an optional core pricing model with lower spreads plus commission. OANDA is rated 4 stars and ranked #31 out of 36 for Commissions and Fees by ForexBrokers.com.
Vantage, by comparison, offers more flexible pricing through its Standard STP, RAW ECN, and PRO ECN accounts. Its standard account has spread-only pricing, while its commission-based accounts can deliver lower all-in costs, especially the PRO ECN account for eligible clients. Vantage is rated 4.5 stars and ranked #12 out of 36 for Commissions and Fees.
In simple terms, OANDA may appeal to traders who want very small minimum trade sizes and a choice between spread-only and commission-based pricing, but its costs are generally less competitive. Vantage is the better pick if lower trading fees are your main goal, particularly if you qualify for its lower-cost PRO account or can use its RAW pricing structure.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average spread (EUR/USD) - Spread-only account | 1.68 | 1.4 |
| All-in Cost EUR/USD - Raw spread account | 1.69 | 0.72 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the range of investments, OANDA offers more choice than Vantage. OANDA provides access to 4,172 tradeable symbols and 69 forex pairs, while Vantage offers 1,028 symbols and 61 forex pairs. Both brokers support forex trading as a CFD or spot contract, and both also offer copy trading and cryptocurrency CFDs. However, OANDA goes further by letting clients buy actual cryptocurrency, not just a CFD version.
OANDA also stands out for share investing, with access to exchange-traded securities on both U.S. and international exchanges, such as Apple and Vodafone shares. Vantage does not offer these types of exchange-traded securities. Based on ForexBrokers.com’s Range of Investments category, OANDA is rated 4.5 out of 5 stars and ranked #20 out of 36 brokers, while Vantage is rated 3.5 stars and ranked #33. For investors looking for a wider mix of markets, OANDA is the stronger choice.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 1028 |
| Forex Pairs (Total) | 69 | 61 |
| 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.
OANDA and Vantage are closely matched when it comes to trading platforms and tools. Both brokers offer free demo accounts for simulated trading, plus a choice of desktop and web-based platforms, their own in-house platform, and the popular MetaTrader 4 and MetaTrader 5 platforms. Each also supports copy trading and lets you place trades directly from a chart, which can make trading easier for beginners and more active traders alike.
In independent ratings, both OANDA and Vantage earn 4 out of 5 stars for Trading Platforms and Tools. However, OANDA comes out slightly ahead in ForexBrokers.com’s ranking, placing #16 out of 36 brokers, while Vantage ranks #20. Overall, the two brokers offer very similar platform access and trading tools, with OANDA holding a small edge in the category ranking.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| 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 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and Vantage both make it easy to trade on the go, with iPhone and Android apps, price alerts, and chart tools that include 30 technical studies, trendline drawing, and auto-saving drawings. For everyday mobile trading needs, the two apps cover the core features most traders look for, and both let users monitor markets from a phone or tablet.
The biggest difference is watchlist syncing and overall app quality. Vantage syncs watchlists between its mobile app and online account, while OANDA does not. On top of that, OANDA has the stronger mobile trading app rating, earning 5 stars and a #7 ranking out of 36 brokers from ForexBrokers.com, compared with Vantage’s 4-star rating and #24 ranking. If you want the better-rated app overall, OANDA has the edge; if synced watchlists matter more, Vantage stands out there.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
OANDA and Vantage both give traders useful market research basics, including daily market commentary, a sentiment tool that shows long and short positioning, and an economic calendar for tracking upcoming global events. Where OANDA stands out is in its access to top-tier forex news sources like Bloomberg, Reuters, and Dow Jones, plus Autochartist tools for technical and fundamental analysis. Vantage, on the other hand, does not offer those news and Autochartist resources, but it does include Trading Central tools, which OANDA does not.
Overall, OANDA has the edge for market research, earning 5 out of 5 stars and a #4 ranking out of 36 brokers for the Research category from ForexBrokers.com. Vantage is still a solid choice, with 4 out of 5 stars and a #20 ranking, but OANDA offers a wider mix of research sources and analysis tools for traders who want more in-depth market coverage.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| 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.
For beginners looking to learn before they trade, both OANDA and Vantage offer a solid mix of forex and CFD education. Each broker provides at least 10 educational pieces focused on forex or CFDs, monthly client webinars, and plenty of video content for both new and experienced traders. OANDA also stands out with 10 beginner videos and 10 advanced videos, while Vantage offers the same range of beginner and advanced video lessons, making both platforms useful for learning the basics and building skills over time.
That said, OANDA comes out ahead for education overall. It earns a 5-star Education rating and ranks #18 out of 36 brokers at ForexBrokers.com, compared with Vantage’s 4-star rating and #23 ranking. In simple terms, both brokers give beginners a good starting point, but OANDA offers a slightly stronger education experience.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
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 Vantage. OANDA finished with an overall rank of #13, while Vantage finished with an overall rank of #24.
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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Vantage
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| Trust Score | 92 | 91 |
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In the OANDA vs Vantage comparison, OANDA lets you buy actual (delivered) cryptocurrency and trade crypto CFDs, whereas Vantage supports cryptocurrency CFDs only and does not offer direct coin purchases.
OANDA supports ACH/SEPA, PayPal, Skrill, and bank wire deposits and withdrawals, while Vantage offers PayPal, Skrill, and bank wires but not ACH/SEPA; 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 | Vantage | |
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| Trust Score | 92 | 91 | |
| Winner | check_circle | ||
| Review | OANDA Review | Vantage Review |
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| Regulation | OANDA | Vantage | |
|---|---|---|---|
| Trust Score | 92 | 91 | |
| Year Founded | 1996 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | OANDA | Vantage | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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 | No |
| Tier-2 Licenses (Trusted) | OANDA | Vantage | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| 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 | Vantage | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 1028 | |
| Forex Pairs (Total) | 69 | 61 | |
| 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 | Vantage | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.68 | 1.4 | |
| All-in Cost EUR/USD - Raw spread account | 1.69 | 0.72 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | OANDA | Vantage | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| Trading Platforms | OANDA | Vantage | |
|---|---|---|---|
| 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 | No |
| Trading Tools | OANDA | Vantage | |
|---|---|---|---|
| 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 | Vantage | |
|---|---|---|---|
| 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 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | Vantage | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | Vantage | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | OANDA | Vantage | |
|---|---|---|---|
| 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 | Vantage Review |
| Overall | OANDA | Vantage | |
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| Trust Score | 92 | 91 | |
| Winner | check_circle | ||
| Review | OANDA Review | Vantage Review |
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