Side-by-Side Comparison Independent Updated May 2, 2026

NordFX vs OANDA 2026: Which Broker is Better?

Name: NordFX vs OANDA Broker Comparison Data
Creator: BrokerRank
License: https://brokerrank.net/editorial-policy

Higher Rated

OANDA

Open Account

Capital at risk · T&Cs apply

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

NordFX

OANDA

NordFX

3.0/ 5

Visit NordFX →Full review

Higher rated OANDA logo

OANDA

4.1/ 5

Visit OANDA →Full review

	NordFX	OANDA
BrokerRank Score	3.0/5	4.1/5 ✓
Min. Deposit	$10	$0 ✓
Spread from	0.9 pips	0.6 pips ✓
Max Leverage	1:1000 ✓	1:50
Regulation	FSA	FCA, CFTC, ASIC ✓
Platforms	MT4, MT5	MT4, Proprietary Web, Proprietary Mobile

Quick VerdictBrokerRank recommends

Best for Beginners

OANDANordFX

$0 min deposit

Best for Low Fees

OANDANordFX

from 0.6 pips

Best for Regulation

OANDANordFX

4 licences

Best Overall

OANDANordFX

4.1/5 score

Quick Answer

OANDA is the better choice overall, scoring 4.1/5 vs 3.0/5 on BrokerRank's independent rating. On fees, OANDA offers lower spreads (0.6 pips).

See full side-by-side comparison below

NordFX vs OANDA: Key Differences

Feature

NordFX

OANDA

Winner

Our Rating

3.0 / 5

4.1 / 5

Min. Deposit

$10

Max Leverage

1:1000

1:50

Spread From

0.9 pips

0.6 pips

Commission

None

Regulated By

FSA

FCA CFTC ASIC MAS

Platforms

MT4, MT5

MT4, Proprietary Web, Proprietary Mobile

Markets

Forex, Cfd, Crypto, Indices, Commodities

Forex, Cfd, Indices, Commodities

Founded

2008

1996

Headquarters

Vanuatu

New York, USA

Score

0 / 4

4 / 4

Fees Comparison

Fee

NordFX

OANDA

Lower fees

Spread From

0.9 pips

0.6 pips

Commission

None

Deposit Fee

None

Withdrawal Fee

None

BrokerRank Verdict

NordFX scores 3.00/5 while OANDA scores 4.09/5 in our independent rating.

OANDA edges ahead overall, but NordFX 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?

NordFX

3.0/5

Choose NordFX if you want…

Higher leverage (up to 1:1000)
More market types (5)

Visit NordFX →

Full review →

Fees Regulation Platforms

OANDA

4.1/5

Top pick

Choose OANDA if you want…

Higher overall rating (4.1/5)
Tighter spreads (from 0.6 pips)
No minimum deposit
More regulatory licences (4)

Frequently Asked Questions

Is NordFX better than OANDA?

OANDA scores higher overall on our independent rating system. NordFX holds a 3.0/5 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.

Which has lower fees, NordFX or OANDA?

NordFX offers spreads from 0.9 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.

What is the minimum deposit for NordFX vs OANDA?

NordFX requires a minimum deposit of $10. OANDA requires $0.

Which broker is safer, NordFX or OANDA?

NordFX is regulated by FSA, while OANDA holds licences from FCA, CFTC, ASIC, MAS.

What trading platforms do NordFX and OANDA support?

NordFX supports MT4, MT5. OANDA supports MT4, Proprietary Web, Proprietary Mobile.

Can I use both NordFX and OANDA?

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

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

NordFX vs OANDA 2026: Which Broker is Better?

NordFX

OANDA

NordFX vs OANDA: Key Differences

Fees Comparison

BrokerRank Verdict

Who Should Choose Which?

Both NordFX & OANDA are available in

Frequently Asked Questions

Is NordFX better than OANDA?

Which has lower fees, NordFX or OANDA?

What is the minimum deposit for NordFX vs OANDA?

Which broker is safer, NordFX or OANDA?

What trading platforms do NordFX and OANDA support?

Can I use both NordFX and OANDA?

Key Trading Terms

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