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.
When comparing online brokers OANDA and Vantage, both companies are not publicly traded and are not classified as banks. Founded in 1996, OANDA holds a strong regulatory presence with 7 Tier-1 licenses, making it highly trusted. In contrast, Vantage, established in 2009, holds 2 Tier-1 licenses and 1 Tier-2 license, indicating a solid level of trust.
Based on their Trust Scores from ForexBrokers.com, OANDA scores 93 out of 99, which places it in the highly trusted category. Meanwhile, Vantage scores just below at 90, also reflecting high trust. Despite their different founding years and the number of licenses they hold, both brokers have demonstrated a significant commitment to earning trust in the financial world.
| 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 |
Comparing commissions and fees, Vantage generally comes out cheaper than OANDA if you use its commission-based accounts, while OANDA’s default pricing tends to be pricier. OANDA is rated 4.0/5 stars for Commissions and Fees and ranks #35 out of 63 brokers; Vantage is rated 4.5/5 stars and ranks #20 out of 63. In short: OANDA emphasizes easy, automated execution and very small trade sizes, whereas Vantage aims to lower all-in trading costs via ECN-style accounts and lower per-side commissions.
OANDA’s spreads are on the higher side versus the lowest-cost brokers. For example, its average non-core spread on EUR/USD was 1.61 pips in July 2024. The Core Pricing account lowers the spread but adds a $5 per side commission per $100,000 traded (about $10 per round turn), requires a $10,000 minimum deposit, and typically brings the EUR/USD all-in cost near 1.4 pips versus about 1.6 pips on the default plan (using the example: 0.4-pip spread plus about 1 pip in commission-equivalent). Perks include trading in tiny sizes down to 1 unit (0.001 micro lot) and Elite Trader rebates of $5–$17 per million for high-volume traders. OANDA publishes trailing average spreads to aid transparency, though fixed-period averages are not posted.
Vantage’s fees vary by account. The Standard STP account is spread-only with a typical EUR/USD spread of 1.30 pips (March 2023). The RAW ECN account lists about 0.15 pips plus a $3 per-side commission ($6 round turn), for an all-in near 0.75 pips. The PRO ECN account cuts that to $2 per side ($4 round turn); eligibility depends on the entity (e.g., wholesale client in Australia or a $10,000 minimum under the Cayman entity). An active trader program offers $2–$8 per standard lot in rebates, but only on the Standard account. Overall, Vantage’s commission-based accounts tend to undercut OANDA’s effective costs, especially for frequent traders who qualify for PRO pricing.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average spread (EUR/USD) - Standard account | 1.69 | 1.30 |
| All-in Cost EUR/USD - Active | 1.69 | 0.75 |
| Non-wire bank transfer | 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.
Comparing the range of investments at OANDA vs Vantage, OANDA lists 4,172 tradeable symbols and 69 forex pairs, while Vantage offers 1,000 symbols and 61 pairs. Both brokers let you trade forex as spot or CFDs and support copy trading. OANDA also provides access to exchange-traded shares on both U.S. and international exchanges (not CFDs), so you can buy stocks like Apple on NASDAQ or Vodafone in London; Vantage does not offer exchange-traded shares. For crypto, OANDA supports buying actual coins as well as crypto CFDs, whereas Vantage limits crypto to CFDs.
For Range of Investments, OANDA is rated 4 stars and ranks #28 out of 63 brokers at ForexBrokers.com, while Vantage is rated 3.5 stars and ranks #51. If you want the widest selection—including real stocks and actual cryptocurrency—OANDA stands out, while Vantage still covers core markets with forex, CFDs, crypto CFDs, and copy trading.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 1000 |
| 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.
Comparing OANDA vs Vantage for trading platforms and tools, both online brokers check the key boxes. Each offers a free virtual demo account for paper trading, a proprietary (in-house) platform, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on Windows desktop downloads and in a web browser, use copy trading, and place orders directly from charts. Whether you prefer a broker’s own platform or MetaTrader, both brands provide flexible access.
In third-party reviews by ForexBrokers.com, both OANDA and Vantage earned 4 out of 5 stars for Trading Platforms and Tools. OANDA ranks #15 out of 63 brokers, while Vantage ranks #21 out of 63. If rankings matter to you, OANDA has a slight edge; otherwise, your choice may come down to the interface you like best and the tools you plan to use, including demo trading and copy trading.
| 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.
In this OANDA vs Vantage mobile app comparison, both brokers provide iPhone and Android apps for forex trading. Each app supports price alerts, 30 technical studies, and drawing tools like trendlines; drawings auto-save so your chart markups persist across sessions. One limitation is that neither app syncs watchlists with your web account, so any watchlist changes must be updated separately on each device.
Where they differ is recognition and ratings: OANDA’s mobile app holds a 5-star score and is ranked #7 out of 63 brokers by ForexBrokers.com, while Vantage’s app is rated 4 stars and ranks #29. If a higher-rated mobile experience is your priority, OANDA gets the nod; if you already trade with Vantage, its app still covers core needs like alerts and charting on both iPhone and Android.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| 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 |
Dive deeper: Best Forex Trading Apps.
OANDA and Vantage both deliver strong market research for everyday traders. Each broker publishes daily market commentary, streams forex news from top-tier sources such as Bloomberg and Reuters, and includes Autochartist tools to help spot trading opportunities. You’ll also find sentiment data showing long vs. short positioning and a clear economic calendar to track key events. Neither broker integrates TipRanks or Acuity Trading tools.
The key difference is Trading Central: Vantage provides it, while OANDA does not. Even so, OANDA earns a higher Research score at 5 stars and ranks #4 out of 63 brokers on ForexBrokers.com, compared with Vantage’s 4-star rating and #22 ranking. If Trading Central is a must-have, Vantage has an edge; if you want higher-rated market research overall, OANDA stands out.
| Feature |
OANDA
|
Vantage
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| 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.
OANDA and Vantage both cater well to beginners learning forex and CFDs. Each provides a learning library with at least 10 educational pieces, plus monthly online webinars. You’ll find 10+ beginner videos to cover the basics and another 10+ advanced videos for when you’re ready to level up. In independent testing by ForexBrokers.com, OANDA earns a 5-star Education rating and ranks 19th out of 63 brokers, while Vantage earns 4 stars and ranks 24th.
If you want the higher-rated option between the two, OANDA edges ahead for education. That said, Vantage still offers plenty of videos and regular webinars to help you build skills at your own pace. Either way, both brokers supply enough beginner and advanced content to guide your first trades and support your growth over time.
| 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 #12, while Vantage finished with an overall rank of #26.
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 | 93 | 90 |
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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 | 93 | 90 | |
| Winner | check_circle | ||
| Review | OANDA Review | Vantage Review |
| Broker Screenshots | OANDA | Vantage | |
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| Regulation | OANDA | Vantage | |
|---|---|---|---|
| Trust Score | 93 | 90 | |
| 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 (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 | 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 SCA 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 | 1000 | |
| 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) - Standard account | 1.69 | 1.30 | |
| All-in Cost EUR/USD - Active | 1.69 | 0.75 | |
| 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 | 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 | 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 | Vantage | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| 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 | 93 | 90 | |
| Winner | check_circle | ||
| Review | OANDA Review | Vantage Review |
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