Written by ForexBrokers.com
In this head to head comparison of XTB vs OANDA, 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.
Established in 2002, XTB is a prominent online broker known for its high Trust Score of 96, indicating a high level of trust according to ForexBrokers.com. XTB is publicly traded and holds two Tier-1 licenses, which are highly trusted, along with two Tier-2 licenses, considered trusted by the same authority. Despite not being a bank, its standing in the market is bolstered by public trade and regulatory recognition.
OANDA, founded in 1996, is another well-regarded online broker that garners a Trust Score of 93, signaling a strong trust rating. Although not publicly traded, OANDA surpasses XTB in regulatory credentials with seven Tier-1 licenses under its belt. Like XTB, OANDA is not a bank, yet its commendable regulatory framework heightens its credibility in the trading landscape.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Year Founded | 2002 | 1996 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 7 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 1 |
Comparing commissions and fees, XTB generally comes out cheaper than OANDA based on the figures provided. XTB earned 4.5/5 stars and ranks #12 of 63 for Commissions and Fees, while OANDA holds 4/5 stars and ranks #35 of 63. On EUR/USD, XTB’s average spread was 1.0 pip (Q4 2023). OANDA’s average under its default, commission-free pricing was 1.61 pips in July 2024, and its Core pricing works out to about 1.4 pips all-in (0.4-pip spread plus a commission equivalent of 1.0 pip).
XTB offers a spread-only Standard account for most clients and has phased out its commission-based Professional account (still available to certain legacy or elective professional clients in the U.K. and EU). Minimum deposit is 250 in your base currency. For active traders, XTB’s Lower Spread Group rebates 5%–30% of the spread once you hit monthly volume tiers (starting at 20 lots and up to 1,000 lots), which can narrow costs further.
OANDA isn’t a discount broker, and its default spreads are on the high side compared with top low-cost peers. Its Core pricing can reduce costs, but it adds a $5 per side commission per $100,000 traded (about $10 per round turn) and requires a $10,000 minimum deposit. Perks include trading in units as small as 1 (smaller than a micro lot) and an Elite Trader program with rebates of $5–$17 per million in select regions. OANDA also shares trailing spread averages for transparency, though they aren’t fixed-period averages.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average spread (EUR/USD) - Standard account | 1.00 | 1.69 |
| All-in Cost EUR/USD - Active | 1.00 | 1.69 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing XTB and OANDA on range of investments, XTB offers the broader menu: 7,184 tradeable symbols and 71 forex pairs versus OANDA’s 4,172 symbols and 69 pairs. Both brokers support forex as CFDs and spot, and both let you buy exchange‑traded securities (not CFDs) on U.S. and international exchanges—so you can trade names like Apple and Vodafone. Each also provides cryptocurrency CFDs, while only OANDA adds the option to buy actual crypto.
Feature-wise, OANDA includes copy trading, which XTB does not. For overall breadth, XTB earns 5 stars and ranks #15 out of 63 in Range of Investments, while OANDA receives 4 stars and ranks #28, highlighting XTB’s wider selection and OANDA’s strengths in copy trading and delivered crypto access.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 4172 |
| Forex Pairs (Total) | 71 | 69 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | Yes |
| 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.
XTB and OANDA both check key boxes for everyday traders: each offers a free demo account for paper trading, a proprietary platform, a Windows desktop download, a web-based platform, and the ability to place trades directly from charts. The big differences show up in extras. OANDA supports copy trading and offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while XTB does not. If you want MetaTrader compatibility or social/copy features, OANDA is the pick; if you plan to use the broker’s in-house platform, both are viable options.
On quality scores, XTB edges ahead for trading platforms and tools with a 4.5/5 rating and a #9 rank out of 63 brokers from ForexBrokers.com, while OANDA earns 4/5 and ranks #15. Specific counts for technical indicators and watchlist columns aren’t provided here, but both platforms cover core charting and monitoring needs. In short, choose XTB for a slightly higher-rated in-house experience, or go with OANDA if MetaTrader and copy trading are must-haves.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 39 | 89 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing the XTB mobile app to the OANDA mobile app, both brokers check the key boxes: iPhone and Android support, price alerts for stocks and forex, trendline drawing on charts, and auto‑saving of your chart drawings. XTB offers more built-in technical studies (39 indicators) than OANDA (30), which can appeal to traders who rely on indicator variety. Neither app currently syncs watchlist symbols between mobile and the web platform. In independent ratings, XTB earns 4.5 out of 5 stars and ranks #8 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while OANDA scores a perfect 5 stars and ranks slightly higher at #7.
If you want more indicators right out of the box, the XTB mobile app has the edge. If you prioritize overall app quality and ratings, OANDA’s mobile app stands out. Both apps are solid choices for on-the-go charting, alerts, and basic watchlist management, making XTB and OANDA strong contenders for mobile trading across iPhone and Android.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 39 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
XTB vs OANDA for market research: both brokers deliver daily market commentary, forex news from top‑tier sources like Bloomberg, Reuters, or Dow Jones (or similar), an economic calendar, and a sentiment tool that shows long/short positioning. Each earns a 5-star Research rating from ForexBrokers.com. In the Research rankings, OANDA places #4 out of 63 brokers, while XTB comes in at #7.
When it comes to extra tools, OANDA includes Autochartist for technical pattern ideas, while XTB does not. Neither broker offers Trading Central, TipRanks, or Acuity Trading (Signal Centre). If you value automated chart setups, OANDA has an edge; if you mainly want strong daily commentary, top-tier news, sentiment data, and an easy-to-use calendar, both XTB and OANDA have you covered.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
XTB and OANDA are both strong picks if you’re just starting out and want clear, structured learning. Each broker offers a large library of Forex and CFD education, easily exceeding the “10 pieces” mark. You’ll find monthly educational webinars from both brands, plus deep video catalogs that include at least 10 beginner-friendly lessons to help you understand core trading basics. As you progress, both also provide at least 10 advanced videos to build your skills further.
When it comes to quality, both XTB and OANDA earn 5 stars for Education. The main difference is their placement in ForexBrokers.com’s Education ranking: XTB sits at #11 out of 63 brokers, while OANDA is #19. For beginners, that means you’ll get excellent learning resources with either broker, with XTB holding a slight edge in overall standing.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| 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 XTB is better than OANDA. XTB finished with an overall rank of #7, while OANDA finished with an overall rank of #12.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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OANDA
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| Trust Score | 96 | 93 |
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XTB vs OANDA: OANDA lets you buy actual (delivered) cryptocurrencies and trade crypto CFDs, while XTB does not offer actual crypto purchases and only provides cryptocurrency trading via CFDs.
XTB vs OANDA: both brokers support PayPal, Skrill, and bank wire transfers for account funding and withdrawals, but only OANDA offers ACH/SEPA, and 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 | XTB | OANDA | |
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| Trust Score | 96 | 93 | |
| Winner | check_circle | ||
| Review | XTB Review | OANDA Review |
| Broker Screenshots | XTB | OANDA | |
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| Regulation | XTB | OANDA | |
|---|---|---|---|
| Trust Score | 96 | 93 | |
| Year Founded | 2002 | 1996 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 7 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | XTB | OANDA | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | Yes | |
| Singapore (MAS Authorised) | No | Yes | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | Yes | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | XTB | OANDA | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XTB | OANDA | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 4172 | |
| Forex Pairs (Total) | 71 | 69 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | Yes | |
| 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 | XTB | OANDA | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.00 | 1.69 | |
| All-in Cost EUR/USD - Active | 1.00 | 1.69 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XTB | OANDA | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | XTB | OANDA | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | XTB | OANDA | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 39 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | OANDA | |
|---|---|---|---|
| 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 | 39 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XTB | OANDA | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XTB | OANDA | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | XTB | OANDA | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XTB Review | OANDA Review |
| Overall | XTB | OANDA | |
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| Trust Score | 96 | 93 | |
| Winner | check_circle | ||
| Review | XTB Review | OANDA Review |
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