Skip to main content
Side-by-Side Comparison Independent Updated Oct 28, 2026

dYdX vs OANDA 2026: Which Broker is Better?

Compare dYdX and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

dYdX

OANDA

dYdXOANDA
BrokerRank Score2.5/54.3/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.6 pips
Max Leverage1:201:50 ✓
RegulationUnregulatedCFTC, FCA, ASIC ✓
PlatformsProprietary Web, APIMT4, Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
dYdXOANDA
Best for Low Fees
dYdXOANDA
Best for Regulation
OANDAdYdX
Best Overall
OANDAdYdX
Quick Answer

OANDA is the better choice overall, scoring 4.3/5 vs 2.5/5 on BrokerRank's independent rating. On fees, dYdX offers lower spreads (0 pips).

See full side-by-side comparison below

dYdX vs OANDA: Key Differences

Feature

dYdX

OANDA

Winner
Our Rating
2.5 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$0.02/lot
None
Regulated By
Unregulated
CFTCFCAASICMASCIROBVI FSCKNF
Platforms
Proprietary Web, API
MT4, Proprietary Web, Proprietary Mobile
Markets
Crypto
Forex, Cfd, Indices, Commodities
Founded
2017
1996
Headquarters
San Francisco, USA
New York, USA
Score
1 / 4
3 / 4

Still deciding between dYdX and OANDA?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

dYdX

OANDA

Spread From
0 pips
0.6 pips
Commission
$0.02/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

dYdX scores 2.49/5 while OANDA scores 4.34/5 in our independent rating.

OANDA edges ahead overall, but dYdX may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

dYdX

dYdX

2.5/5

Choose dYdX if you want…

  • Tighter spreads (from 0 pips)
OANDA

OANDA

4.3/5

Top pick

Choose OANDA if you want…

  • Higher overall rating (4.3/5)
  • No per-trade commission
  • Higher leverage (up to 1:50)
  • More regulatory licences (7)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#5AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both dYdX & OANDA are available in

Frequently Asked Questions

1

Is dYdX better than OANDA?

OANDA scores higher overall on our independent rating system. dYdX holds a 2.5/5 rating vs OANDA's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, dYdX or OANDA?

dYdX offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for dYdX vs OANDA?

dYdX requires a minimum deposit of $0. OANDA requires $0.

4

Which broker is safer, dYdX or OANDA?

dYdX is regulated by Unregulated, while OANDA holds licences from CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF.

5

What trading platforms do dYdX and OANDA support?

dYdX supports Proprietary Web, API. OANDA supports MT4, Proprietary Web, Proprietary Mobile.

6

Can I use both dYdX and OANDA?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Bybit

4.0
Open Account

Capital at risk · T&Cs apply