Compare OANDA Vs Exness: Which is the Better Forex Broker in 2024?
OANDA Vs Exness, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between OANDA Vs Exness, here is the direct comparison:
Feature | OANDA | Exness |
General Rating |
3.11/5 |
3.81/5 |
|
Score | 77 | 86 | |
Trustpilot |
3.6/5 544 users |
4.5/5 5732 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 1996 | 2008 | |
💲 Min Deposit | $0 | $10 | |
⚖ Max Leverage | 1:20 | 1:2000 | |
🔢 Spread | Fixed | Variable | |
💸 Commissions | -$50/Mil commission for Core pricing | $3.50 | |
💡 Min Position | 0.00001 lot | 0.01 lot |
💳 Payment | Visa, Mastercard, ACH deposits, Bank transfer, Credit/debit cards, Wire transfer, Skrill and Neteller | WebMoney, Wire transfer, Skrill, Credit/debit cards, Neteller, Perfect Money, Crypto, Tether (USDT) and USD Coin (USDC) | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | English | Arabic, Bengali/Bangla, German, English, Spanish, French, Hindi, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Thai, Urdu, Vietnamese, Chinese |
🚪 Trade Now | Open OANDA | Open Exness |
Testimonials
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OANDA: Les risk
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OANDA: OANDA is the best broker I've ever know.
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OANDA: My EA doesn't work very well after some time. So...
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OANDA: My friend recommend me to trade with OANDA. But it...
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OANDA: I realize half on these commentaries are only half reliable....
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OANDA: Les risk
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OANDA: OANDA is the best broker I've ever know.
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OANDA: My EA doesn't work very well after some time. So...
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OANDA: My friend recommend me to trade with OANDA. But it...
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OANDA: I realize half on these commentaries are only half reliable....
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Exness: need a little more improvement
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Exness: Recommended!
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Exness: Good but Customer Service is conserning
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Exness: Thrilled
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Exness: Dissapointing results
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OANDA: Les risk
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See More OANDA Testimonials
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See More Exness Testimonials
News
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Exness Sees Trading Volumes Dip in February as Markets Remain Calm
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Exness Earns Accolades as a Top Workplace Worldwide in 2024
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Exness Achieves Record Monthly Volumes of $3.86 Trillion in January
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Damian Bunce Steps Down as Chief Customer Officer at Exness
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Exness Forex Broker Claims "Most Trusted" Title in MEA at iFX EXPO Dubai
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Exness Records $3.6 Trillion in December Trading Volume
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Exness Forex Broker Marks 15 Years with a Brand Revolution
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Exness Forex Broker Showcases B2B Expertise at iFX EXPO Dubai 2024
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Exness Reveals Remarkable 15th Anniversary Celebrations
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Exness Donates Fire Detection Drones for Cyprus Forests
Articles
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How to Protect Your Exness Account from Frauds
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Exclusive Interview with Damian Bunce on the Success and Vision of Exness
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Exness Tick History Report: a Beginner's Guide
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Share and Make Money with Exness Social Trading
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Guide to Choose the Best OANDA Platform
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Comparing Exness Vs XM Trading App
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Is Exness Standard Account Better than FP Markets?
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Standard Account Comparison: IC Markets or OANDA?
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What is Exness Cost Saving Feature?
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Cut Your Trading Costs 50 Percent with Exness Dollar Rewards
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, OANDA provides their pricing with Fixed spread while Exness offers Variable spread.
OANDA vs Exness: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, OANDA enables trading with FxTrade App, MetaTrader 5, Oanda Platform, MetaTrader 4. The offer is supported with . In comparison, Exness provides trading with MetaTrader 4, MetaTrader 5, Social trading, Web with the support of One-click trading, Trailing stop, Pending orders.
Is OANDA or Exness better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, OANDA supports trading with Forex, Gold & silver, CFD, Crypto, Stock, Indices, Commodities, etf, while Exness presents the ability of trading with Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies, Crypto, Commodities.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
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