Higher Rated
OANDA
Capital at risk · T&Cs apply
In the realm of online trading, EasyMarkets and OANDA stand as prominent contenders, each appealing to distinct trader profiles. EasyMarkets, with its user-friendly interface and features like free guaranteed stop-loss and dealCancellation, caters to beginners and those seeking straightforward trading experiences, despite its wider fixed spreads. Conversely, OANDA attracts seasoned traders with its extensive regulatory oversight and API access, providing a robust trading environment with no minimum deposit requirement, although its product range is somewhat limited compared to other brokers. The key difference lies in EasyMarkets' focus on simplicity and risk management tools, while OANDA's strength is in its regulatory credibility and flexible trading conditions.
EasyMarkets
OANDA
| EasyMarkets | OANDA | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.1/5 ✓ |
| Min. Deposit | $25 | $0 ✓ |
| Spread from | 0.7 pips | 0.6 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:50 |
| Regulation | CySEC, ASIC | FCA, CFTC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.1/5 vs 3.6/5 on BrokerRank's independent rating. On fees, OANDA offers lower spreads (0.6 pips).
See full side-by-side comparison belowEasyMarkets
OANDA
WinnerEasyMarkets
OANDA
Lower feesEasyMarkets
3.6/5
Choose EasyMarkets if you want…
OANDA
4.1/5
Choose OANDA if you want…
OANDA scores higher overall on our independent rating system. EasyMarkets holds a 3.6/5 rating vs OANDA's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
EasyMarkets offers spreads from 0.7 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
EasyMarkets requires a minimum deposit of $25. OANDA requires $0.
EasyMarkets is regulated by CySEC, ASIC, while OANDA holds licences from FCA, CFTC, ASIC, MAS.
EasyMarkets supports Proprietary Web, Proprietary Mobile, MT4. OANDA supports MT4, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.