EC Markets vs Oanda : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

EC Markets

Oanda

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

Market maker

Years of Existence / Established Year

2011

1996

Customer Base / Number of Accounts

No information

50M

Regulation & Security

Regulations (governing bodies)

FSA,FCA, FSC

CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI

Awards Won (count for the last 2 years)

Best Trading Liquidity Award, Best Customer Awards

Broker of the year by TradingView Awards 2023 Most popular broker 3 years in a row in TradingView Awards 2020, 2021, 2022

Security Measures

FSCS

SIPC

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

150+

68+ major currency pairs

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Oanda Mobile and Tablet apps

Platform Compatibility (Windows, Mac, iOS, Android)

Yes except Mac

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard and ECN accounts

Standard account Corporate account Professional trading account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$10

Leverage Available

200:1 to 500:1

50:1

Trade Limit (maximum per trade)

Unlimited

Varies by instrument

Commission (per account type)

$0 for standard account, $5 per lot per side for ECN account

Standard - $50/M Premium - $50/M Premium Plus - $40/M

Best Suited For (e.g., beginners, experienced traders)

Both beginners and experienced traders

Only experienced

Deposit & Withdrawal Options

Deposit Methods

Union Pay, OCT 365, Swift wire transfer, Indonesia bank ATM, Bank Transfer Malaysia, THAI QR payment,e-wallets

Bank Wire Transfer ACH Debit card

Withdrawal Methods

Union Pay, OCT 365, Swift wire transfer, Indonesia bank ATM, Bank Transfer Malaysia, THAI QR payment, e-wallets

Debit card Bank Wire transfer

Other E-Wallets Supported

VN pay, PoLi.

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Education, Market Analysis, Webinars, eBooks and Guides, Video Tutorials, MT4 Indicator Plugin

Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators

Fees & Commissions

Trading-Related Fees

Spread for Std account: Starts from 1.0 pip, Spread for ECN accounts: Starts from 0.0 pips

Spread starts from 0.0, commission- $30 per 1M

Spread (typical, fixed, variable)

Variable

Typical

Per Lot Fees

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

500:1

50:1

Non-Trading Fees

Dormant Fees

10 units of the currency for inactivity atleast 12 months.

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Vary on instruments and change on a daily basis

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Currency Conversion Fee

0.50%

Withdrawal Fee

$0 bank fees may apply

USD - First withdrawal fee in a calendar month Bank transfer / wire transfer - $20 Debit card - no feeUSD - additional withdrawals in a calendar month Bank transfer / wire transfer - fee + $15 Debit card - $15ACH - No fee

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Varies by asset type

All FX products - Sunday 17:05 - Friday 16:59 Cryptocurrency - 24/7

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

24x5

Customer Support Methods (phone, email, live chat)

Phone: +248 422 4099, E-mail: [email protected], Live chat

Email: mailto:[email protected] Monday to Friday - 8:00 to 20:00 CET Poland (+48)799366830 Malta (+356)20345018 Spain (+34)910479707 France (+33)182884361 Germany (+49)6995019607

Support Languages

Additional Information

Headquarters Location

3rd Floor, 30 City Road, London, United Kingdom, EC1Y 2AY.

Dashwood House 64, Old Broad Street London EC2M 1QS

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

While EC Markets maintains low trading fees with no minimum deposit, Oanda includes some charges for premium features and certain asset trades, making EC Markets the better option for budget-focused traders.

EC Markets offers a quick and paperless account setup that appeals to traders on the go, whereas Oanda more involved onboarding process adds an extra layer of safety and regulatory checks.

Traders who value simplicity and execution speed may prefer EC Markets platform. Meanwhile, Oanda offers more flexibility through tools like advanced order types and multi-screen support.

EC Markets caters to serious traders who value advanced features, whereas Oanda appeals to beginners due to its user-friendly platform.

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