OANDA
Weltrade
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
Choosing between OANDA and Weltrade depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while Weltrade operates from Limassol, Cyprus. OANDA has the longer track record, established in 1996, compared to Weltrade which was founded in 2006. 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
Weltrade
OANDA is the better choice overall, scoring 4.1/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Weltrade offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
OANDA
4.1 vs 3.2
Lowest Fees
Weltrade
0.6 vs 0 pips
Regulation
OANDA
4 vs 1 licences
Min. Deposit
OANDA
$0 vs $25
OANDA
WinnerWeltrade
OANDA
Weltrade
Lower feesOANDA holds licences from FCA, CFTC, ASIC. Weltrade is regulated by FSA.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Weltrade adds Crypto.
On spreads, Weltrade 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. Weltrade offers MT4, MT5. Both brokers are available on MT4.
OANDA requires no minimum deposit, while Weltrade sets a minimum deposit of $25. This makes OANDA accessible to traders with any budget.
BrokerRank scores OANDA at 4.09/5 and Weltrade at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. OANDA leads overall with a clear advantage.
OANDA scores higher overall on our independent rating system. OANDA holds a 4.1/5 rating vs Weltrade's 3.2/5. 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 Weltrade starts at 0 pips. Check the fees section above for a full breakdown.
OANDA requires a minimum deposit of $0. Weltrade requires $25.
OANDA is regulated by FCA, CFTC, ASIC, MAS, while Weltrade holds licences from FSA.
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Weltrade supports MT4, MT5.
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
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BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.