Compare OANDA Vs Forex4You: Which is the Better Forex Broker in 2024?
OANDA Vs Forex4You, 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 Forex4You, here is the direct comparison:
Compare | OANDA | Forex4You |
General Rating |
3.11/5 |
1.00/5 |
Score | ||
Trustpilot |
3.6/5 544 users |
4.0/5 31 users |
πΌ Regulation | ||
β Info | ||
β Established | 1996 | 2007 |
π² Min Deposit | $0 | $0 |
β Max Leverage | 1:20 | 1:1000 |
π’ Spread | Fixed | Fixed |
πΈ Commissions | -$50/Mil commission for Core pricing | $8 |
π‘ Min Position | 0.00001 lot | 0.01 lot |
π³ Payment | Visa, Mastercard, ACH deposits, Bank transfer, Credit/debit cards, Wire transfer, Skrill and Neteller | Skrill, Wire transfer, Credit/debit cards, Neteller, AstroPay and Perfect Money |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | English | German, English, Spanish, Persian, French, Hindi, Croatian, Indonesian, Italian, Malay, Russian, Chinese |
πͺ Trade Now | Open OANDA | Open Forex4You |
Compare Again
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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Forex4You: Nice people in the customer support
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Forex4You: Great educational resources
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Forex4You: Thank you so much for great custome service
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Forex4You: Their platform undeniably good
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Forex4You: Sold broker for real
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See More OANDA Testimonials
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See More Forex4You Testimonials
News
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Forex4you Claims Best Copy Trading Platform at Global Forex Awards
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Barcelona Striker Robert Lewandowski Becomes OANDA Brand Ambassador
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OANDA Acquired Crypto Exchange Coinpass
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Claim Forex4you 100 Percent Deposit Bonus Now
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CySEC Exposed OANDA TMS Clone Website
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New Partner Programs and Account Types Available for Forex4you Clients
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Forex4you Celebrates 16th Anniversary with Expansion and Promotion
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Rafal Slon Joins OANDA as Managing Director for Australia
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Forex4you Celebrates 16th Anniversary with Lucky Draw
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See More Related OANDA News
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See More Related Forex4You News
Article
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Forex4you Mobile App Review: Is it Worth Using?
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How to Open Account in Forex4you
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How to Deposit and Withdraw from Forex4you
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Double Your Fund with Forex4you's 100% Deposit Bonus
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USD5,000 Prizes for Nigerian Traders Available in Forex4you
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Guide to Choose the Best OANDA Platform
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Claim $12,000 Worth of Rewards from Forex4you India
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Top Free Analytics in Forex4you and How to Get Them
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How to Get Free Autochartist Signals on Forex4you
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See More Related OANDA Article
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See More Related Forex4You Article
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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 Forex4You offers Fixed spread.
OANDA vs Forex4You: 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, Forex4You provides trading with MetaTrader 4, MetaTrader 5, Web with the support of Trailing stop, Pending orders.
Is OANDA or Forex4You 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 Forex4You presents the ability of trading with Forex, Gold & silver, CFD, Commodities, Indices, Oil, Stocks, Futures, Indexes.
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 OANDA and Forex4You:
- Compare OANDA vs Vantage Markets
- Compare OANDA vs Blueberry Markets
- Compare OANDA vs easyMarkets
- Compare Forex4You vs XM
- Compare Forex4You vs FXTM
- Compare Forex4You vs Blaze Markets
For more comparisons, visit this page.