easyMarketsvs
OANDAForex Broker Comparison
This matchup contrasts easyMarkets fixed spreads and $25 deposits with OANDA's broader regulation and advanced charting. Both offer MT4/MT5 and mobile apps, yet strengths pull in different directions.
Our Verdict
OANDA winsClear Winner
OANDA outperforms easyMarkets on editorial score (4.6 vs 3.9) and stronger trust/regulation and platform tools, making it the overall winner.
OANDA
4.6/5
easyMarkets
3.9/5
Key Differences
- 1Fixed spreads with no slippage on web platform.
- 2Minimum deposit is $25 with easyMarkets.
- 3TradingView support and advanced charting on OANDA.
Who should choose easyMarkets vs OANDA?
Find out which broker best suits your trader profile.
Choose easyMarkets if…
Choose easyMarkets for fixed spreads with a no-slippage guarantee on the web platform. You can start with a $25 minimum deposit.
Choose OANDA if…
Choose OANDA for advanced charting tools, including TradingView. You also get MT4/MT5 and no minimum deposit.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
easyMarkets offers tighter spreads from 0.70 pips vs 1.00 pips for OANDA, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
easyMarkets vs OANDA: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.9 / 5 | 4.8 / 5▲ |
easyMarkets vs OANDA Forex Broker Pros & Cons
Pros
Fixed spreads with no-slippage guarantee on web platform
Unique dealCancellation feature to undo losing trades
Very low $25 minimum deposit
CySEC, ASIC regulated
Client funds held in segregated accounts
Negative balance protection
easyMarkets vs OANDA: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
easyMarkets
criteria win
1
OANDA
criteria win
Highlighted rows show where the two brokers differ
| Criteria | easyMarkets | OANDA |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
easyMarkets vs OANDA: Frequently Asked Questions
OANDA rates 4.6/5 versus 3.9/5 for easyMarkets. OANDA edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
easyMarkets starts from 0.7 pips, tighter than OANDA's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
OANDA has no minimum deposit, while easyMarkets requires at least $25. This makes OANDA more accessible for traders with limited starting capital.
Both easyMarkets and OANDA hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: OANDA has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
easyMarkets lists maximum leverage of 400:1, while OANDA lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
easyMarkets supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while OANDA supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5 and Proprietary Web/Mobile and MetaTrader 4. OANDA has exclusive access to TradingView.
