OANDA
OKX
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
In comparing OANDA and OKX, the key distinction lies in their market focus, with OANDA specialising in forex and CFDs, while OKX is primarily a cryptocurrency exchange. OANDA, with its strong regulatory framework and long-standing presence, appeals to forex traders seeking a reliable platform with no minimum deposit requirement. In contrast, OKX attracts crypto enthusiasts with its extensive range of digital assets, competitive fees, and advanced trading features, although it is not accessible to traders in the US. Both brokers offer unique advantages, catering to different segments of the trading community.
OANDA
OKX
| OANDA | OKX | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.0/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0.1 pips ✓ |
| Max Leverage | 1:50 | 1:100 ✓ |
| Regulation | FCA, CFTC, ASIC ✓ | FSA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.1/5 vs 3.0/5 on BrokerRank's independent rating. On fees, OKX offers lower spreads (0.1 pips).
See full side-by-side comparison belowOANDA
WinnerOKX
OANDA
OKX
OANDA
4.1/5
Choose OANDA if you want…
OKX
3.0/5
Choose OKX if you want…
OANDA scores higher overall on our independent rating system. OANDA holds a 4.1/5 rating vs OKX's 3.0/5. 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 OKX starts at 0.1 pips. Check the fees section above for a full breakdown.
OANDA requires a minimum deposit of $0. OKX requires $0.
OANDA is regulated by FCA, CFTC, ASIC, MAS, while OKX holds licences from FSA.
OANDA supports MT4, Proprietary Web, Proprietary Mobile. OKX supports Proprietary Web, Proprietary Mobile.
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.