easyMarkets vs OANDA Forex Broker Comparison
A head-to-head comparison of easyMarkets and OANDA across regulation, trading costs, platforms, and editorial scoring.
Score 3.9 / 5
2 bonusesFixed spreads, unique risk management tools (dealCancellation, freeze rate), and a very low $25 minimum deposit make easyMarkets accessible for risk-averse traders.
VS
NFA- and FCA-regulated with strong US/UK coverage, transparent historical pricing, and excellent research.
Our Verdict
OANDA winsClear Winner
OANDA comes out ahead with an editorial score of 4.6/5 compared to easyMarkets's 3.9/5.
OANDA
4.6/5
easyMarkets
3.9/5
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 0.7 pips vs 1 pips for OANDA, reducing trading costs.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for active traders
Recommended
easyMarkets has a cost edge: tighter spreads from 0.7 pips.
Best for platform choice
Recommended
OANDA offers more exclusive platform options: TradingView, a proprietary platform.
Best for beginners
Recommended
OANDA edges out easyMarkets with a higher editorial score (4.6/5 vs 3.9/5), indicating a stronger overall experience for new traders.
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▲ |
Fees & Spreads 30% weight | 3.8 / 5 | 4.5 / 5▲ |
Platforms & Tools 20% weight | 4.0 / 5 | 4.6 / 5▲ |
Customer Support 10% weight | 3.9 / 5 | 4.3 / 5▲ |
| Founded | 2001 | 1996 |
| Headquarters | Limassol, Cyprus | New York, United States |
| Min deposit | $25 | No minimum |
| Spreads from | 0.7 pips | 1 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 400:1 | 50:1 |
| Withdrawal fee | Free | Free for ACH |
| Regulators | ASIC CySEC CNV MNB HCMC | FCA CMF ASIC NFA CBI |
| Platforms | MetaTrader 4 Proprietary Web/Mobile MetaTrader 5 | MetaTrader 4 Proprietary Web/Mobile TradingView MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit easyMarkets | Visit OANDA |
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
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Available to US residents (NFA-registered)
Best-in-class research and economic data
No minimum deposit
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Fixed spreads are wider than ECN variable spread accounts
Proprietary platform feels dated compared to MT4/MT5
Limited research tools
Limited charting capabilities
Cons
Spreads slightly wider than ECN-style brokers
No copy trading
No raw spread account option
Inactivity fee applies
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
Based on our independent editorial scoring, OANDA ranks higher with a score of 4.6/5 vs 3.9/5 for easyMarkets. The best choice still depends on your individual trading needs; easyMarkets and OANDA may each suit different trader profiles.
easyMarkets offers tighter spreads starting from 0.7 pips, compared to OANDA's spreads from 1 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
OANDA has a lower minimum deposit of no minimum required, 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. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: OANDA has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
easyMarkets offers maximum leverage of 400:1, while OANDA offers up to 50:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
easyMarkets supports MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5 and OANDA offers MetaTrader 4, Proprietary Web/Mobile, TradingView, MetaTrader 5; both support MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5; OANDA exclusively offers TradingView.
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Score 3.9 / 5
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