Compare OANDA Vs FP Markets: Which is the Better Forex Broker in 2024?
OANDA Vs FP Markets, 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 FP Markets, here is the direct comparison:
Compare | OANDA | FP Markets |
General Rating |
3.11/5 |
3.20/5 |
Score | ||
Trustpilot |
3.6/5 544 users |
4.8/5 6077 users |
💼 Regulation | ||
❗ Info | ||
⌛ Established | 1996 | 2005 |
💲 Min Deposit | $0 | $100 |
⚖ Max Leverage | 1:20 | 1:500 |
🔢 Spread | Fixed | Variable |
💸 Commissions | -$50/Mil commission for Core pricing | $3 |
💡 Min Position | 0.00001 lot | 0.01 lot |
💳 Payment | Visa, Mastercard, ACH deposits, Bank transfer, Credit/debit cards, Wire transfer, Skrill and Neteller | Apple Pay, Crypto, Credit/debit cards, Dash, Dragonpay, Ethereum, FasaPay, Google Pay, Litecoin, Local bank transfer, Neteller, Ripple, Skrill, Tether (USDT), USD Coin (USDC), Wire transfer, Zcash and Perfect Money |
🏢 Office(s) |
🧩 Demo Account | ||
📁 Segregated Account | ||
🕋 Islamic Account | ||
👨💻 PAMM Account | ||
📈 Managed Account |
💱 Hedging | ||
🇺🇸 US traders | ||
🕛 Swaps |
🏆 Trading contests | ||
⚡ Automated trading | ||
💰 Bonus offers | ||
📖 Free education |
1️⃣ One-click trading | ||
⏱ Trailing stop | ||
⏳ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
EU Stocks | ||
Physical Stock | ||
Index |
🗣 Website Languages | English | Arabic, Chinese, English, French, Indonesian, Italian, Malay, Portuguese, Russian, Spanish, Vietnamese |
🚪 Trade Now | Open OANDA | Open FP Markets |
Compare Again
Testimonials
-
OANDA: Les risk
-
OANDA: OANDA is the best broker I've ever know.
-
OANDA: My EA doesn't work very well after some time. So...
-
OANDA: My friend recommend me to trade with OANDA. But it...
-
OANDA: I realize half on these commentaries are only half reliable....
-
FP Markets: It's concerning me
-
FP Markets: Impressive cost
-
FP Markets: Very pleased!
-
FP Markets: Total gem!
-
FP Markets: Problem with withdrawal
-
See More OANDA Testimonials
-
See More FP Markets Testimonials
News
-
Unleash Your Earning Potential: Refer a Friend to FP Markets and Earn Up to $200!
-
Level Up Your Trades: FP Markets Forex Broker Partners with TradingView
-
Forex Broker FP Markets Expands to Africa with Kenya License
-
FP Markets Crowns the Best Trading Tool in 2023 by FXScouts
-
FP Markets Powers Cricket Brasil Youth with Impactful Sponsorship
-
FP Markets Introducing CFDs Paired Against Cross Currencies
-
FP Markets Upgrades All-In-One Client Portal
-
FP Markets Crowned Two Prestigious Titles at UF Awards Global 2023
-
FP Markets Collects Awards Consecutively at Global Forex Awards
-
See More Related OANDA News
-
See More Related FP Markets News
Article
-
How to Verify Your Trading Account on FP Markets
-
XM Vs FP Markets for Commodity Trading
-
Guide to Choose the Best OANDA Platform
-
Is Exness Standard Account Better than FP Markets?
-
Comparing Pepperstone and FP Markets Trading App
-
Standard Account Comparison: IC Markets or OANDA?
-
FP Markets Vs Pepperstone for Cryptocurrency Trading
-
What is DMA Pricing in FP Markets?
-
Everything You Need to Know about FP Markets Spreads
-
See More Related OANDA Article
-
See More Related FP Markets Article
Webinars
-
FP Markets: Webinar Bandas de Bollinger
-
FP Markets: Liquidazioni Open Session
-
FP Markets: Trading de �ndices burs�tiles
-
FP Markets: Strategia Turtle Trading
-
FP Markets: ?????? ????? ???????? ????? ?????-????? ?????
-
FP Markets: El poder de la liquidez en el mundo del trading
-
FP Markets: �C�mo utilizar el calendario econ�mico?
-
FP Markets: Global Macro Introduzione
-
FP Markets: Importancia de la Psicolog�a en el Trading
-
FP Markets: ?????? ????? ???????? ????? ?????-????? ??????
-
See More Related FP Markets Webinars
More Comparisons
- Exness vs FBS
- IC Markets vs Octa
- RoboForex vs XM
- HF Markets vs Pepperstone
- Admirals vs AvaTrade
- ThinkMarkets vs LiteFinance
- eToro vs FXOpen
- InstaForex vs FP Markets
- FXTM vs Forex4You
- FirewoodFX vs Vantage Markets
- FIBOGroup vs BDSwiss
- JustMarkets vs Tickmill
- FxPro vs MTrading
- Grand Capital vs
- More Comparisson
- 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 FP Markets offers Variable spread.
OANDA vs FP Markets: 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, FP Markets provides trading with MetaTrader 4, MetaTrader 5, TradingView, cTrader, Web with the support of One-click trading, Trailing stop, Pending orders.
Is OANDA or FP Markets 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 FP Markets presents the ability of trading with Forex, Indexes, Metals, Crypto, ETFs, Stocks, Commodities, Gold & Silver, Bonds.
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 FP Markets:
- Compare OANDA vs LiteFinance
- Compare OANDA vs FxPro
- Compare OANDA vs Blaze Markets
- Compare FP Markets vs MTrading
- Compare FP Markets vs GOMarkets
- Compare FP Markets vs Grand Capital
For more comparisons, visit this page.