OANDA
LHV
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
Choosing between OANDA and LHV depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while LHV operates from Tallinn, Estonia. OANDA has the longer track record, established in 1996, compared to LHV which was founded in 1999. 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
LHV
| OANDA | LHV | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:50 ✓ | 1:5 |
| Regulation | FCA, CFTC, ASIC ✓ | Finantsinspektsioon, FCA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, LHV Broker |
OANDA is the better choice overall, scoring 4.1/5 vs 3.4/5 on BrokerRank's independent rating. On fees, LHV offers lower spreads (0 pips).
See full side-by-side comparison belowOANDA
WinnerLHV
OANDA
LHV
Lower feesOANDA holds licences from FCA, CFTC, ASIC. LHV is regulated by FCA, Finantsinspektsioon.
Both brokers offer access to Indices markets. OANDA additionally covers Forex, Cfd, Commodities. LHV adds Stocks, Etf, Crypto.
On spreads, LHV is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at OANDA.
OANDA supports MT4, Proprietary Web, Proprietary Mobile. LHV offers Proprietary Web, Proprietary Mobile, LHV Broker. Both brokers are available on Proprietary Web, Proprietary Mobile.
OANDA requires no minimum deposit, while LHV sets no minimum deposit. This makes OANDA accessible to traders with any budget.
BrokerRank scores OANDA at 4.09/5 and LHV at 3.36/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. OANDA leads overall with a clear advantage.
OANDA
4.1/5
Choose OANDA if you want…
LHV
3.4/5
Choose LHV if you want…
OANDA scores higher overall on our independent rating system. OANDA holds a 4.1/5 rating vs LHV's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
OANDA offers spreads from 0.6 pips, while LHV starts at 0 pips. Check the fees section above for a full breakdown.
OANDA requires a minimum deposit of $0. LHV requires $0.
OANDA is regulated by FCA, CFTC, ASIC, MAS, while LHV holds licences from Finantsinspektsioon, FCA.
OANDA supports MT4, Proprietary Web, Proprietary Mobile. LHV supports Proprietary Web, Proprietary Mobile, LHV Broker.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.