ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

XTB vs OANDA 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

XTB
5/5 Stars Overall
  • Minimum Deposit: $0 info
  • Trust Score: 96
  • Tradeable Symbols (Total): 7184
OANDA
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 93
  • Tradeable Symbols (Total): 3928 info

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.

Regulation

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 logoXTB
OANDA logoOANDA
Year Founded info 2002 1996
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 2 7
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1

Fees

When it comes to commissions and fees, XTB and OANDA offer distinct pricing models that cater to different trader needs. XTB provides two account types: a spread-only Standard account and a commission-based Professional account, available mainly for specific clients in the U.K. and Europe. Overall, XTB’s pricing stands at the industry average but does not quite match the top brokers in this category. With average forex spreads of 1 pip on the EUR/USD for the Standard account, XTB’s Standard account emerges as a more viable option for retail traders, especially since the Pro account has been phased out for many regions. XTB also offers a Lower Spread Group program providing rebates for active traders, which can offer spread discounts of up to 30% for high-volume trading.

OANDA, on the other hand, charges higher effective spreads, with average spreads standing at 1.61 pips on the EUR/USD pair for its standard pricing. However, its core pricing option offers lower spreads at the cost of a commission of $5 per $100,000 traded, making it slightly more economical for those depositing a minimum of $10,000. This allows OANDA to present a more cost-effective option when factoring in the combined costs. Also, OANDA's flexibility in trade sizes, permitting trades as small as one unit, appeals to a broader range of traders. Additionally, their Elite Trader program offers rebates for high-volume traders, along with subscriptions to advanced trading tools.

Ultimately, both brokers have their strengths in terms of pricing. XTB garners a 4.5-star rating and ranks #11 out of 63 brokers for commissions and fees, distinguished by its rebate program that competes with several well-known firms. Meanwhile, OANDA holds a 4-star rating and is ranked #34, largely benefiting from its transparent pricing strategy and enhanced trading execution through automation. Each broker offers unique advantages, appealing to traders based on their volume and trading style requirements.

Feature XTB logoXTB
OANDA logoOANDA
Minimum Deposit info $0 info $0
Average Spread EUR/USD - Standard info 1.00 info 1.61 info
All-in Cost EUR/USD - Active info 1.00 info 1.61 info
Active Trader or VIP Discounts info No Yes info
ACH or SEPA Transfers info No Yes info
PayPal (Deposit/Withdraw) info Yes Yes info
Skrill (Deposit/Withdraw) info Yes Yes info
Visa/Mastercard (Credit/Debit) info Yes Yes info
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing the investment options available through XTB and OANDA, XTB stands out with a significantly larger selection of tradeable symbols, offering 7,184 compared to OANDA's 3,928. This broader range includes 71 forex pairs, slightly more than OANDA's 68. Additionally, XTB allows clients to invest in exchange-traded securities on both U.S. and international markets, providing access to major stocks like Apple and Vodafone. In contrast, OANDA focuses primarily on CFD trading and does not provide direct access to exchange-traded securities from these markets.

Both platforms offer forex trading through CFDs or spot contracts and support cryptocurrency derivatives, but they differ in additional securities. While OANDA provides an option for copy trading and lets users buy actual cryptocurrencies, XTB does not. In terms of investment breadth, XTB has a 5-star rating and ranks 14th out of 63 brokers on ForexBrokers.com, showcasing its more extensive range of offerings compared to OANDA's 4-star rating and 27th position.

Feature XTB logoXTB
OANDA logoOANDA
Forex Trading (Spot or CFDs) info Yes Yes info
Tradeable Symbols (Total) info 7184 3928 info
Forex Pairs (Total) info 71 68
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes info
Cryptocurrency (Physical) info No Yes
Cryptocurrency (Derivative) info Yes Yes info
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.

Trading platforms and tools

When comparing XTB and OANDA in terms of their trading platforms and tools, both brokers provide a comprehensive trading experience with their proprietary platforms and support for a range of digital environments. XTB and OANDA cater to traders by offering virtual demo accounts to practice trading without any financial risk. Both platforms are accessible via Windows desktop download and web-based options, ensuring versatility for different trader preferences. However, a distinct difference lies in their support for popular trading platforms; OANDA provides access to MetaTrader 4 and MetaTrader 5, allowing traders to leverage these widely-used tools, whereas XTB does not offer MT4 or MT5.

In terms of charting capabilities, OANDA stands out with a significant offering of 431 drawing tools compared to XTB's 32, which may appeal to traders who rely heavily on technical analysis. However, XTB offers a slightly higher number of fields in watch lists, allowing traders more customizable information at a glance. Both platforms enable the ability to trade directly from stock charts, facilitating a seamless trading experience. While XTB does not support copy trading, OANDA offers this feature, broadening the appeal for those interested in mirroring successful trading strategies. In ratings, XTB slightly surpasses OANDA with a 4.5-star rating compared to OANDA's 4 stars for trading platforms and tools, ranking 9th out of 63 brokers while OANDA ranks 15th, reflecting XTB's slightly better appeal in this category according to ForexBrokers.com.

Feature XTB logoXTB
OANDA logoOANDA
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes info
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes info
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 39 81
Charting - Drawing Tools (Total) info 32 431
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 8 6
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both XTB and OANDA offer mobile trading apps for iPhone and Android users, making it easy to trade stocks and forex on the go. Their apps offer useful features like stock or forex price alerts and the ability to draw trend lines on charts. In terms of technical studies, XTB offers a slight edge with 39 available studies compared to OANDA's 30. However, both platforms fall short when it comes to syncing watchlist symbols between the mobile app and the client’s online account, meaning you'll have to manually update watchlists on different devices.

Real-time quotes and the ability to view multiple time frames are available on both mobile apps, with auto-saving functionalities for drawings on charts. In overall user ratings, OANDA slightly outshines XTB with a perfect 5-star rating, compared to XTB's 4.5 stars. According to ForexBrokers.com, OANDA is ranked #7 out of 63 brokers for mobile trading apps, while XTB is ranked #8, making both solid choices but with just a slight overall leaning towards OANDA.

Feature XTB logoXTB
OANDA logoOANDA
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 39 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When comparing XTB and OANDA for market research capabilities, both brokers excel in providing comprehensive daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. They offer sentiment-based trading tools that provide insights into market positions and share detailed economic calendars, helping traders track global news events effectively. Both XTB and OANDA have earned top ratings of five stars for their research services, underscoring their commitment to offering valuable insights for traders.

However, slight differences emerge when examining their technical analysis offerings. OANDA stands out by providing tools from Autochartist, enhancing its research capabilities with advanced technical analysis, whereas XTB does not provide this feature. Neither broker offers research tools from Trading Central or Acuity Trading. Despite these differences, both brokers maintain strong reputations in the industry, with OANDA ranked slightly higher at #5 and XTB following closely at #7 out of 63 brokers in the research category by ForexBrokers.com.

Feature XTB logoXTB
OANDA logoOANDA
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing educational resources for beginners from XTB and OANDA, both online brokers present a wide array of options designed to help newcomers break into the trading world. Each offers more than ten educational pieces focused on forex or CFDs, including articles and videos. Both also run monthly online client webinars to engage learners and maintain a comprehensive, searchable archive of these recorded sessions. Each platform delivers more than ten introductory videos aimed at beginners, ensuring a solid starting point for novice traders. Additionally, both cater to the more experienced traders by providing over ten advanced educational videos.

While both brokers receive a five-star rating for their educational offerings, there are distinctions. OANDA features an investor dictionary with definitions for over 50 investing terms, which XTB does not provide. This could be an important factor for those keen on familiarizing themselves with trading jargon. XTB stands out by being ranked 11th among 63 brokers in the Education category by ForexBrokers.com, compared to OANDA's 22nd place. This higher ranking may reflect a more thorough or better-perceived educational experience, making it a potentially stronger choice for those prioritizing education in their trading journey.

Feature XTB logoXTB
OANDA logoOANDA
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info No Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 logoXTB
OANDA logoOANDA
Overall Rating info 5/5 Stars 4.5/5 Stars
Trust Score info 96 93
Range of Investments 5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 5/5 Stars 5/5 Stars
Mobile Trading 4.5/5 Stars 5/5 Stars
Education 4.5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with XTB or OANDA?

When comparing online brokers XTB and OANDA, it's important to note that while XTB does not offer the ability to buy actual delivered cryptocurrency, only cryptocurrency derivatives, OANDA provides the option to purchase both actual delivered cryptocurrency and derivatives.

What funding options does each broker offer?

When comparing online brokers XTB and OANDA, both platforms support PayPal, Skrill, Visa or Mastercard, and bank wire options for depositing and withdrawing funds; however, OANDA additionally offers ACH or SEPA transfers, while XTB does not.




announcementPlease 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

×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFinecoBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating XTB OANDA
Overall Rating info 5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 5/5 Stars
Research 5/5 Stars 5/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 96 93
Winner check_circle
Review XTB Review OANDA Review
Broker Screenshots XTB OANDA
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation XTB OANDA
Trust Score info 96 93
Year Founded info 2002 1996
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes Yes info
Tier-1 Licenses info 2 7
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1
Tier-1 Licenses (Highly Trusted) XTB OANDA
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No Yes
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No Yes
Singapore (MAS Authorised) info No Yes
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No Yes
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes Yes info
Tier-2 Licenses (Trusted) XTB OANDA
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments XTB OANDA
Forex Trading (Spot or CFDs) info Yes Yes info
Tradeable Symbols (Total) info 7184 3928 info
Forex Pairs (Total) info 71 68
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes info
Cryptocurrency (Physical) info No Yes
Cryptocurrency (Derivative) info Yes Yes info
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 info 1.00 info 1.61 info
All-in Cost EUR/USD - Active info 1.00 info 1.61 info
Active Trader or VIP Discounts info No Yes info
Inactivity Fee info Yes Yes
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes Yes
Funding XTB OANDA
Minimum Deposit info $0 info $0
PayPal (Deposit/Withdraw) info Yes Yes info
Skrill (Deposit/Withdraw) info Yes Yes info
Visa/Mastercard (Credit/Debit) info Yes Yes info
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No Yes info
Trading Platforms XTB OANDA
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes info
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes info
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools XTB OANDA
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 8 6
Charting - Indicators / Studies (Total) info 39 81
Charting - Drawing Tools (Total) info 32 431
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading XTB OANDA
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 39 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research XTB OANDA
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education XTB OANDA
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info No Yes
Major Forex Pairs XTB OANDA
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review XTB Review OANDA Review
Overall XTB OANDA
Overall Rating info 5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 5/5 Stars
Research 5/5 Stars 5/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 96 93
Winner check_circle
Review XTB Review OANDA Review
arrow_upward

close