easyMarkets vs OANDA, 2022 Update
73% of retail CFD accounts lose money with this provider.
Losses can exceed deposits
easyMarkets vs OANDA Guide
Read our In-Depth easyMarkets vs OANDA Review - for 2022
This easyMarkets vs OANDA review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this easyMarkets vs OANDA review does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
OANDA Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs OANDA
Every online trading platform will have a few ups and downs, and no easyMarkets and OANDA review would be complete without having a balanced approach. Compare easyMarkets and OANDA to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a reputable broker and are choosing between easyMarkets or OANDA. Who is better in 2022?
Our easyMarkets vs OANDA comparison contains the most recent information so you can easily compare OANDA against easyMarkets.
If you're a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You will get adept at all of the concepts of brokerage since you continue trading. For starters, you need to select the ideal broker who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. easyMarkets and OANDA are just two such companies which will take you along with your investment into great heights. It's crucial to compare easyMarkets vs OANDA until you trust them with your money.
Our easyMarkets vs OANDA comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and OANDA side by side.
Our entire easyMarkets vs OANDA Review covers all you need to know about trading with either easyMarkets or OANDA. A fantastic broker can multiply your first investments and give you positive profits. If you would like to make profits, you must trade with a broker service that aligns with your investment objectives.
There's absolutely no sure-fire method to ensure profits; therefore, you should carefully assess your agent before you select them. It is a frequent misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
easyMarkets and OANDA are both brokers that have forged their way successfully to the brokerage world. Within this review, we have attempted to collate a number of the vital aspects of both easyMarkets and OANDA. This review can allow you to understand whether either OANDA or easyMarkets is a good match for your investments or not. We have tried to breakdown all the features and fees for your advantage.
Benefits of easyMarkets and OANDA Compared
easyMarkets offers a minimum deposit of $100 while OANDA offers a $1 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and OANDA compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
easyMarkets has around 200 financial instruments whilst OANDA has around 200 financial instruments on their platform.
The more instruments you can trade on the easyMarkets and OANDA trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of easyMarkets or OANDA.
easyMarkets and OANDA Contact Details
Being able to contact your broker easily is a sign of a professional broker. easyMarkets and OANDA have the following contact details and social medias that you can use.
|Telephone Number||+357 25 828 899|
|Address||1 Griva Digheni, Limassol, Limassol 3035, CY|
|easyMarkets Twitter Account||OANDA Twitter Account|
|easyMarkets Facebook Page||OANDA Facebook Page|
|easyMarkets Instagram Account||OANDA Instagram Account|
|easyMarkets LinkedIn Page||OANDA LinkedIn Page|
|YouTube||easyMarkets YouTube Channel||OANDA YouTube Channel|
|Find Out More||
OANDA and easyMarkets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of easyMarkets and OANDA we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
easyMarkets vs OANDA - Awards
easyMarkets have won a lot of industry awards over the time they have been running as an online trading platform. We detail the most recognised awards for easyMarkets here.
|At the time of writing this OANDA review, and despite OANDA’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
easyMarkets vs OANDA - Frequently Asked Questions
easyMarkets vs OANDA - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
OANDA was founded in 1996 and has its headquaters in United States, Canada.
What is the minimum deposit for OANDA or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for OANDA is $1.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and OANDA are a good option.
easyMarkets vs OANDA - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
OANDA is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).
Both easyMarkets and OANDA have a powerful set of rules for ensuring fair trading on their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare easyMarkets vs OANDA Commission And Fees
easyMarkets and OANDA are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
But this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three different types of fees for this purpose.
The first kind of fees to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you're spending a spread, funding rate, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are those that are billed when you maintain a leveraged position for longer than daily.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake in your account. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither easyMarkets or OANDA charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who often exchange, for example daily or weekly trading.
But, non-trading fees charged by easyMarkets and OANDA are relatively greater. Consequently, you are charged more for non-trading actions in your trading accounts, such as withdrawal and deposits. These are not about the purchase and sale of resources.
This easyMarkets vs OANDA review for 2022 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And OANDA
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What Languages Do easyMarkets And OANDA Support?
Being able to talk completely with your online platform is a key part of comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you will find all the languages that both easyMarkets and OANDA offer communication in.
|Languages Supported||English, German, Arabic, Chinese, Spanish and Polish||English, and Chinese|
|Find Out More||
How Many Clients Do easyMarkets and OANDA Have?
Both easyMarkets and OANDA are well established with their customer base. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers easyMarkets and OANDA are active on their platform
|Clients / Users||142,500+||10,000+|
|Find Out More||
What Payment Methods Do easyMarkets and OANDA Accept?
easyMarkets and OANDA both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at easyMarkets and OANDA
|Find Out More||
What Can You Trade With easyMarkets and OANDA?
easyMarkets offers 200 trading instruments and OANDA offers 100.
Below you will find a full breakdown of what both easyMarkets and OANDA offer.
Compare easyMarkets To All Other Brokers
Compare OANDA To All Other Brokers
easyMarkets vs OANDA:
Table Of Contents
- Compare easyMarkets vs OANDA
- Benefits of easyMarkets and OANDA Compared
- OANDA and easyMarkets Mobile App Comparison
- easyMarkets vs OANDA - Awards
- easyMarkets vs OANDA - Frequently Asked Questions
- What is the minimum deposit for OANDA or easyMarkets
- easyMarkets vs OANDA - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And OANDA
- What Languages Do easyMarkets And OANDA Support?
- How Many Clients Do easyMarkets and OANDA Have?
- What Payment Methods Do easyMarkets and OANDA Accept?
- What Can You Trade With easyMarkets and OANDA?