Oanda Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If Oanda does not match your requirements we explain the top Oanda alternatives and Oanda competitors in this guide.
The best alternative for Oanda is IC Markets or Roboforex.
When searching for a Oanda alternative, there are a few things you need to check. The Oanda trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top Oanda alternatives and competitors feature by feature further below this Oanda alternatives guide.
If you are looking for a trading platform that offers similar features to Oanda or Oanda. Or if you are looking for features that Oanda does not offer that you require when trading, we will show you the best Oanda alternative options below.
We highlight the pros and cons of each Oanda alternative. Maybe you are looking for better customer service from a Oanda alternative or more competitive Oanda fees and more financial instruments to trade.
We have listed some reasons why Oanda may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- ECN accounts are not offered by Oanda (Look here for Oanda alternatives offering ECN accounts)
- STP accounts are not offered by Oanda (Look here for Oanda alternatives offering STP accounts)
- cTrader is not offered by Oanda (find Oanda alternatives offering the cTrader trading platform here)
- Oanda does not offer Micro accounts (Check here for Oanda alternatives offering micro accounts)
- Oanda does not offer Islamic accounts (Check here for Oanda alternatives offering Islamic accounts)
- Oanda have inactivity fees (See Oanda alternatives who don’t have inactivity fees here)
Top Oanda Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | MT5, MT4, WebTrader, fxTrade Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 4000 | 2250 | 12000 |
| 📈 Stocks Offered | 0 | 2100 | 0 |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 55 | 61 | 35 |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 0 | 200 | 10 |
| 👱♂️ Used By | 100,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 1996 | 2007 | 2009 |
| 👮♂️ Regulation | CFTC (Commodity Futures Trading Commission) (0325821), NFA (National Futures Association), IIROC (Investment Industry Regulatory Organization of Canada), FCA (Financial Conduct Authority) (542574), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission) (412981), Kanto Bureau (Kanto Local Financial Bureau) (2137), BVI FSC (British Virgin Islands Financial Services Commission) (SIBA/L/20/1130), PFSA (Polish Financial Supervision Authority) (KPWiG-4021-54-1/2004). | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | United States, Canada | Australia | Belize |
| 🚫 Excluded Countries | US, FR, IR, CU, KP, DZ, SY | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature Oanda alternative comparison, you can scroll further down here.
