Forex.com vs Oanda

Forex.com vs Oanda

  • May 21 2021
  • posted by : John Clark

Forex.com vs Oanda, both are quite old brokers and offer many benefits and features for online trading. Traders can go through an in-depth comparison of both the brokers. Although the brokers are running for a long time, are they offering enough features for a new-age trader?

ABInvesting, on the other side, is a broker with a more powerful presence. However, the broker was founded in 2021 but provides good features to traders using it. Traders should select a broker after making a deep analysis. Only choose the best one according to your needs.

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

Solution for Modern Traders

ABInvesting is a broker that is regulated and authorised by the Mauritius Financial Services Commission Authority (FSC). Traders get stocks, currencies, commodities and many more trading options that are more than 350 in number.

Get three types of live accounts along with high leverage of 1:500 and a demo account for beginners. Resolve your issues with 24/5 dedicated customer support. Traders get a huge collection of educational material and market research tools for trading.

Enjoy zero commission trading on the best trading platform that is Metatrader 4, WebTrader, and Mobile app. Manage your funds with various deposit and withdrawal options provided by the broker. Earn good profits with your investments and the features offered by the broker.

The Bottom Line

Getting information about an in-depth analysis of Forex.com vs Oanda and a broker with modern solutions. Now, traders can choose the best broker for themselves. List out your requirements and then see which is fulfilling the most of them. Financial markets have the potential to generate effective returns.

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