FXOpen vs OANDA - BrokerCue
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Broker Comparison

FXOpen vs OANDA

Compare FXOpen and OANDA side by side: fees, regulation, platforms.

FXOpen

FXOpen

Experienced ECN and forex traders

FXOpen is an ECN forex and CFD broker founded in 2005, offering raw spreads from 0.0 pips across forex, indicโ€ฆ

VS
OANDA

OANDA

Active CFD traders and ETF investors

OANDA combines CFDs, real shares and ETFs with MT5, TradingView and mobile apps, plus 0 EUR commissions on elโ€ฆ

Head-to-head comparison

FXOpen vs OANDA
Feature FXOpen OANDA
Minimum deposit - 25 EUR/USD/GBP or 1000 CZK or 120 RON for card deposits; 25 EUR or 1000 CZK or 120 RON for instant bank transfers
Stock trading fee Stock CFDs available; spreads apply US: 0% / 0 EUR; US for accounts in USD: 0.29% / 7 USD; Germany, France, Spain, UK: 0.15% / 5 EUR; Poland: 0.19% / 1 EUR
Regulators FCA, CySEC KNF
Best for Experienced ECN and forex traders Active CFD traders and ETF investors
Markets & account
Stocks
ETFs
Forex
CFDs
Crypto
Margin
-
Demo Account
Multi Currency
-

Pros & cons

FXOpen

FXOpen

Pros

  • ECN execution with raw spreads from 0.0 pips
  • Commission from $1.50 per lot on ECN accounts
  • Four trading platforms including MT4, MT5, TickTrader and TradingView
  • FCA and CySEC regulated entities
  • Demo account with up to $5,000,000 virtual funds
  • 700+ tradable instruments across forex, indices, stocks, ETFs and crypto
  • Free VPS for eligible high-volume clients
  • PAMM and copy trading available

Cons

  • Inactivity fee of $10 per month after 90 days
  • ASIC license cancelled in September 2024 due to serious regulatory concerns
  • Minimal educational content compared to larger brokers
  • Limited research tools and market analysis
  • Demo account on TradingView not available
  • Wire withdrawal fees apply on some entities
  • Fewer stocks and commodities than some competitors
OANDA

OANDA

Pros

  • 0 EUR commission on eligible US share trades
  • 10 ETF trades per month at 0 EUR commission
  • No account opening or management fee with one yearly trade
  • 0 EUR fee on forex and selected CFD categories
  • Demo account includes 50,000 virtual EUR
  • Reduced spreads up to 30% lower above 3k EUR balance
  • Unused CFD margin can earn 6%, 6.5% or 7% for three months
  • TradingView Plus access for up to 12 months with 10k+ EUR

Cons

  • US shares in USD accounts cost 0.29%, minimum 7 USD
  • ETF free trades are capped at 10 per month and โ‚ฌ200,000 turnover
  • Reduced spreads require balances above 3000 EUR
  • TradingView Plus promo requires 10k+ EUR balance
  • Interest rates fall to 0.5% after the first three months
  • Bank transfers can take up to three business days
  • Card deposits have maximum payment limits by currency
FXOpen

FXOpen

FXOpen is an ECN forex and CFD broker founded in 2005, offering raw spreads from 0.0 pips across forex, indices, stocks, ETFs and crypto via MT4, MT5, TickTrader and TradingView.

Your capital is at risk. Other fees apply.

OANDA

OANDA

OANDA combines CFDs, real shares and ETFs with MT5, TradingView and mobile apps, plus 0 EUR commissions on eligible US shares and 10 ETF trades per month.

Your capital is at risk. Other fees apply.

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