Compare RoboForex Vs OANDA: Which is the Better Forex Broker in 2024?
RoboForex Vs OANDA, 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 RoboForex Vs OANDA, here is the direct comparison:
Feature | RoboForex | OANDA |
General Rating |
3.07/5 |
3.11/5 |
|
Score | 76 | 77 | |
Trustpilot |
4.2/5 409 users |
3.6/5 544 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2009 | 1996 | |
💲 Min Deposit | $50 | $0 | |
⚖ Max Leverage | 1:400 | 1:20 | |
🔢 Spread | Variable | Fixed | |
💸 Commissions | -$50/Mil commission for Core pricing | ||
💡 Min Position | 0.01 lot | 0.00001 lot |
💳 Payment | Skrill, Credit/debit cards, Neteller, UnionPay, Western Union, Perfect Money, Boleto Bancário, Local bank transfer, AdvCash and AstroPay | Visa, Mastercard, ACH deposits, Bank transfer, Credit/debit cards, Wire transfer, Skrill and Neteller | |
🏢 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 | English |
🚪 Trade Now | Open RoboForex | Open OANDA |
Testimonials
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RoboForex: reliable
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RoboForex: I have had a positive experience with RoboForex
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RoboForex: exceptional customer service
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RoboForex: satisfied with services
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RoboForex: nice broker
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RoboForex: reliable
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RoboForex: I have had a positive experience with RoboForex
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RoboForex: exceptional customer service
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RoboForex: satisfied with services
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RoboForex: nice broker
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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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RoboForex: reliable
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See More RoboForex Testimonials
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See More OANDA Testimonials
News
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Earn Passive Profits to 80% with RoboForex Infinity Program
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RoboForex Launches Commission Schemes for CopyFX Traders
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RoboForex Crowned the Best Partner Program Global 2023
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FCA Exposed RoboxFX as RoboForex Clone
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Barcelona Striker Robert Lewandowski Becomes OANDA Brand Ambassador
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RoboForex Wins Best Copy Trading and Best Multi-Asset Trading in 2023
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RoboForex Awarded the Best Trading Conditions by IBM
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OANDA Acquired Crypto Exchange Coinpass
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CySEC Exposed OANDA TMS Clone Website
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Rafal Slon Joins OANDA as Managing Director for Australia
Articles
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RoboForex Mobile App: a Comprehensive Review for Traders
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How to Open Account in RoboForex
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How to Deposit and Withdraw in RoboForex
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1 Million USD from RoboForex: New Promotion for Partners
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Start Trading and Earn 60% Profit Share with RoboForex
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Get $30 to Trade with RoboForex Welcome Bonus
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Guide to Choose the Best OANDA Platform
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Standard Account Comparison: IC Markets or OANDA?
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Forex Brokers in 2022: How OANDA Performed
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How to Open Account in OANDA
Bonus
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RoboForex: 60% Tradable Profit Share Bonus
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OANDA: $10K Sign
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RoboForex: VPS free
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RoboForex: NEW $30 NO DEPOSIT BONUS
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RoboForex: Receive up to 40% of Additional Payouts from RoboForex VIP Program
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RoboForex: 15% Cash - Back Rebate Service
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RoboForex: Up to 10% of Extra Funds on Account Balance
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RoboForex: Receive On Deposit Bonus up to 120%
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See More RoboForex Bonus
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See More OANDA Bonus
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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, RoboForex provides their pricing with Variable spread while OANDA offers Fixed spread.
RoboForex vs OANDA: 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, RoboForex enables trading with MetaTrader 4, MetaTrader 5, R StockTrader, Web, Social trading. The offer is supported with . In comparison, OANDA provides trading with FxTrade App, MetaTrader 5, Oanda Platform, MetaTrader 4 with the support of .
Is RoboForex or OANDA 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, RoboForex supports trading with ETF, Energies, Indexes, Stocks, Oil, Gold & silver, Forex, Metals, while OANDA presents the ability of trading with Forex, Gold & silver, CFD, Crypto, Stock, Indices, Commodities, etf.
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.
Looking for more references? Here are other comparisons related to RoboForex and OANDA:
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