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

OANDA vs Exness 2026: Which Broker is Better?

Choosing between OANDA and Exness depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while Exness operates from Limassol, Cyprus. OANDA has the longer track record, established in 1996, compared to Exness which was founded in 2008. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

OANDA

Exness

VS
OANDAExness
BrokerRank Score4.3/5 ✓3.8/5
Min. Deposit$0 ✓$10
Spread from0.6 pips0.1 pips ✓
Max Leverage1:501:2000 ✓
RegulationCFTC, FCA, ASIC ✓FCA, CySEC, FSCA
PlatformsMT4, Proprietary Web, Proprietary MobileMT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
OANDAExness
Best for Low Fees
ExnessOANDA
Best for Regulation
OANDAExness
Best Overall
OANDAExness
Quick Answer

OANDA is the better choice overall, scoring 4.3/5 vs 3.8/5 on BrokerRank's independent rating. On fees, Exness offers lower spreads (0.1 pips).

See full side-by-side comparison below

OANDA vs Exness: Key Differences

Feature

OANDA

Winner

Exness

Our Rating
4.3 / 5
3.8 / 5
Min. Deposit
$0
$10
Max Leverage
Spread From
0.6 pips
0.1 pips
Commission
None
$3.5/lot
Regulated By
CFTCFCAASICMASCIROBVI FSCKNF
Platforms
MT4, Proprietary Web, Proprietary Mobile
MT4, MT5, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
1996
2008
Headquarters
New York, USA
Limassol, Cyprus
Score
4 / 5
1 / 5

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Fees Comparison

Fee

OANDA

Exness

Spread From
0.6 pips
0.1 pips
Commission
None
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

OANDA holds licences from FCA, CFTC, ASIC. Exness is regulated by FCA, CySEC, FSCA.

Markets & Assets

Both brokers offer access to Forex, Cfd, Indices markets. OANDA additionally covers Commodities. Exness adds Crypto, Stocks.

Fees & Spreads

On spreads, Exness is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.6 pips at OANDA.

Trading Platforms

OANDA supports MT4, Proprietary Web, Proprietary Mobile. Exness offers MT4, MT5, Proprietary Mobile. Both brokers are available on MT4, Proprietary Mobile.

Minimum Deposit

OANDA requires no minimum deposit, while Exness sets a minimum deposit of $10. This makes OANDA accessible to traders with any budget.

Overall Ratings

BrokerRank scores OANDA at 4.09/5 and Exness at 3.77/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. OANDA leads overall with a clear advantage.

BrokerRank Verdict

OANDA is our recommended pick in this comparison, scoring 4.09/5 versus Exness's 3.77/5. OANDA holds more tier-1 licences (FCA, CFTC, ASIC), offering stronger regulatory protection. Exness has a fees advantage with 0.1 pip spreads. OANDA is more accessible for new traders with its lower minimum deposit requirement. Exness is still a solid option for traders who prefer Exness's specific platform or market selection, but OANDA offers a stronger overall package for the majority of traders.

Who Should Choose Which?

OANDA

OANDA

4.3/5

Top pick

Choose OANDA if you want…

  • Higher overall rating (4.3/5)
  • No per-trade commission
  • No minimum deposit
  • More regulatory licences (7)
Exness

Exness

3.8/5

Choose Exness if you want…

  • Tighter spreads (from 0.1 pips)
  • Higher leverage (up to 1:2000)
  • More market types (6)

Also consider

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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.

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80% of retail CFD accounts lose money.

Both OANDA & Exness are available in

Frequently Asked Questions

1

Is OANDA better than Exness?

OANDA scores higher overall on our independent rating system. OANDA holds a 4.3/5 rating vs Exness's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, OANDA or Exness?

OANDA offers spreads from 0.6 pips, while Exness starts at 0.1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for OANDA vs Exness?

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

4

Which broker is safer, OANDA or Exness?

OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while Exness holds licences from FCA, CySEC, FSCA.

5

What trading platforms do OANDA and Exness support?

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

6

Can I use both OANDA and Exness?

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

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