Forex.com vs Oanda

Posted On May 21, 2021, 11:11 am by John James

Online trading can generate good returns for your investment. This is the reason why millions of people across the world are indulging in it. There are several online brokers but you have to select a broker after a thorough analysis. Traders can see the results between Forex.com vs Oanda below. Each point is covered to assist them to select the best broker. Apart from these two, Capixal is a more reliable option for online trading in leading financial markets.

Overall Rating

Basis of Rating Forex.com Oanda
Overall 4.5star 4.5star
Commission & Fee 4.5star 4.5star
Regulations 4.5star 4.5star
Trading Platforms 4.5star 4.5star
Mobile Trading 4.5star 4.5star
Educational Resources 4.5star 4.5star
Trading Tools 4.5star 4.5star

Regulation & Investors’ Protection

Features Forex.com Oanda
Overall Trust Score 93 89
Foundation Year 1999 1996
Listed Yes No
Tier-1 Licenses 4 6
Regulations FSA (Japan), FCA (UK), IIROC (Canada), and CFTC (USA) ASIC (Australia), FSA (Japan), FCA (UK), and more

Tradable Products

Products Forex.com Oanda
Forex Trading Yes Yes
Forex Pairs 91 70
CFD Trading Yes Yes
CFDs 4500 55
Cryptocurrency (Physical) No No
Cryptocurrency (CFDs) Yes Yes
Social Trading/Copy Trading No Yes

Deposit and Withdrawal

Method Forex.com Oanda
Bank Wire Transfer Yes Yes
Debit & Credit Cards Yes Yes
VISA Yes Yes
Mastercard Yes Yes
PayPal Yes Yes
Skrill No No

Trading Platforms

Platforms Forex.com Oanda
Desktop Platform Yes Yes
Web Platform Yes Yes
Social Trading No Yes
Mobile Trading Yes Yes
MetaTrader 4 Yes Yes
MetaTrader 5 Yes Yes
Dupli Trade No No
ZuluTrade No Yes

Trading Tools

Features Forex.com Oanda
Demo Trading Yes Yes
Basic Alerts Yes Yes
Watchlists Fields 18 7
Charting Indicators 139 81
Charting Drawing Tools 25 431
Multiple Order Types Yes Yes
Charting- Drawing Autosave Yes Yes
Forex Calendar Yes Yes

Educational Resources

Features Forex.com Oanda
Forex Education Yes Yes
CFDs Education No No
Webinars Yes Yes
Beginner Education Yes Yes
Advanced Education Yes Yes

Research Tools

Features Forex.com Oanda
Auto Chartist No Yes
Forex News Yes Yes
Daily Market Commentary Yes Yes
Weekly Webinars Yes Yes
Trading Central No  Yes
Economic Calendar Yes Yes
Delko’s Research Yes Yes
Social Sentiments Yes Yes

Other Features

Features Forex.com Oanda
Account Types 3 2
Demo Account  Yes Yes
Maximum Leverage 1:50 1:100
Minimum Deposit  $50 $0
Commission No  Yes
Customer Support 24/5 24/5
Spreads & Swaps Yes Yes

Capixal

Capixal is a well-regulated broker that is operated by the IFC Investments Cyprus Ltd. The company is authorised and regulated by the Cyprus Securities and Commission Exchange (CySEC).

Traders get easy access to the financial markets along with more than 350 trading assets. The assets include stocks, currencies, commodities, indices, and others. Traders get three types of live accounts and a demo account plus an Islamic account feature.

With Capixal, traders can enjoy high trading leverage that is 1:30 for retail traders and 1:500 for professional traders. It is a commission-free broker which offers a wide variety of educational material and analytical tools.

Trader on reliable trading platforms that are MetaTrader 4, WebTrader, and a Mobile app. Enjoy high returns on investments by utilising the features of the broker.

The Bottom Line

A trader can compare which is the best broker and choose the one more suitable according to the requirements. Forex.com vs Oanda, all the points are covered for comparison. You can also consider Capixal, it is an emerging broker but offering the finest features.

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