Updated Jul 12 2022
Overview | |
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Oanda is an international Forex broker founded in 1996 with headquarters in the United States. Oanda specialises exclusively in currency trading solutions for all trader levels. Their greatest selling points are their strong regulatory framework and robust proprietary platforms. |
Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 7 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 1 Other Licenses 3 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
No fresh news at the moment. Check again soon! ![]() |
No fresh news at the moment. Check again soon! ![]() |
Key Data | |
⌛ Account Opening Time | |
1 day minimum (may take longer) | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. *There is no document verification needed for gross account deposits below US$9,000. |
All documents must be under the account holder’s name. |
📍 Year Founded | |
1996 | 2001 |
💳 Minimum Deposit | |
$, €, £, - 0. | $, €, £ 25 for Standard account, 2,000 for premium and 10,000 for VIP |
💰 Payment Methods | |
💵 Account Base Currencies | |
9 - USD, EUR, GBP, SGD, CHF, JPY, AUD, CAD, HKD. | 19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC |
🗽 Available to U.S Citizens | |
Yes | No |
❌ Restricted Countries | |
AF, AL, BS, BB, BW, BF, BI, KH, KY, CF, TD, CD, CG, CU, ER, ET, GH, IR, IQ, JM, KP, LY, MU, MN, MA, MM, NI, NG, PK, PS, PA, SN, SL, SO, SS, SD, SY, TT, TN, UG, VU, YE, ZW. | US, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE |
📊 STP Account | |
No | No |
📊 DMA Account | |
No | No |
📊 ECN Account | |
Yes | No | Assets |
📚 Available Assets | |
📙 Stocks | |
N/A | 64 |
📘 Currency Pairs | |
68 | 62 |
📗 Commodities | |
13 | 17 |
📕 Indices | |
16 | 13 |
📔 ETFs | |
N/A | N/A |
💸 Cryptocurrencies | |
4 | 17 |
📒 Bonds | |
6 | N/A |
📓 Options | |
N/A | 23 |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
All Oanda's assets are CFDs. In the case of commodities, they only have 13, but each commodity has various trading pairs against several different currencies, eg: GOLD/EUR, GOLD/CHF, etc. |
All of easyMarkets assets are CFDs |
Trading Experience |
📈 Minimum Stock Trade Size | |
N/A | Varies per stock (Eg: AMZN 0.05, APPL 0.25) |
📉 Minimum ETFs Trade Size | |
N/A | N/A |
📈 Minimum Crypto Trade Size | |
Varies by crypto (Eg: 0.01 BTC) | $2,500 (0.025 lots) |
📉 Minimum FX Trade Size | |
1 unit of any currency pair (Eg: 1 Euro, 1 Usd, 1 GBP, etc) | Varies per commodity (Eg: $25 for WTI, $75 for XAG) |
📈 Minimum Commodities Trade Size | |
Varies by Commodity (Eg: 1 Troy ounce of Gold) | N/A |
📉 Minimum Bonds Trade Size | |
1 unit of any Bond contract | >N/A |
📈 Minimum Futures Trade Size | |
N/A | N/A |
📉 Minimum Options Trade Size | |
N/A | Varies per option (Eg. 5 XAU for XAU/USD, 5,000 GBP for GBP/USD) |
💪 Retail Leverage | |
Up to 1:30 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:100 | Up to 1:500 |
✍ Customisable Leverage | |
Yes | Yes, it's possible to adjust it using pre-set levels by EasyMarkets. |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | Yes |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
Yes | Yes, for Web and App accounts |
🔨 Trailing Stop-loss | |
Yes | No | Fees |
💰 Inactivity Fee | |
Yes, $10 after 1 year of inactivity | N/A |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
Credit and Debit cards are free, when it comes to Bank transfer depends on the account's base currency (eg: the first withdrawal costs $, €, £ 20 and any subsequent ones 35). In the case of SGD, there are no fees. |
No |
💰 Commissions | |
No, but they do charge currency conversion fees. If your account base currency is GBP and you trade the EUR/USD pair, you'll be paying a conversion fee. |
No | Spreads |
📈 EUR/USD | |
Dynamic - From 0.8 Pips | Fixed per account (Eg: 1.7 Pips Standard MT4, 1.2 Pips Premium MT4 and 0.7 Pips VIP MT4) |
📉 SP500 | |
Dynamic - From 30 Pips | Fixed at 150 Pips |
📈 GOLD | |
Dynamic - From 26 Pips | Fixed per account (Eg: $0.05 Standard MT4, $0..4 Premium MT4 and $0.03 for VIP MT4) |
📉 TSLA (Stock CFD) | |
N/A | $13 |
📈 XLK (ETF - CFD) | |
N/A | N/A |
📉 BTC | |
Dynamic - From $100 | Fixed from $110 for Web/App and $100 for MT4 accounts |
Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
No | No |