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Forex.com vs Oanda : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Forex.com
Oanda
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker
Market maker
Years of Existence / Established Year
2001
1996
Customer Base / Number of Accounts
454k + Customers
50M
Regulation & Security
Regulations (governing bodies)
CIRO, FSA, MAS, CySEC, NFA, CFTC, CIMA, FCA, ASIC
CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI
Awards Won (count for the last 2 years)
Best HNW Service, Best Broker for CFDs, Best in Class Overall Best in Class Mobile Trading Apps Best in Class Offering of Investments Best New Tool Performance Analytics
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
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
5, 500+ Stocks
68+ major currency pairs
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
No
Yes
Stocks
Yes
Yes
Options
No
Yes
Futures
No
Yes
Bonds
No
Yes
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
Yes
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Forex.com Proprietary platform
Oanda Mobile and Tablet apps
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Standard, Raw spread, MetaTrader account
Standard account Corporate account Professional trading account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$100
$0
Leverage Available
50:1
50:1
Trade Limit (maximum per trade)
No information
Varies by instrument
Commission (per account type)
Raw account - $7 per 100k USD traded
Standard - $50/M Premium - $50/M Premium Plus - $40/M
Best Suited For (e.g., beginners, experienced traders)
Beginners to experienced traders
Only experienced
Deposit & Withdrawal Options
Deposit Methods
Credit/ debit card, bank wire
Bank Wire Transfer ACH Debit card
Withdrawal Methods
Credit/ debit card, bank wire
Debit card Bank Wire transfer
Other E-Wallets Supported
Neteller, skrill
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Forex Trading University, Market Analysis and Insights, Webinars, Video Tutorials, Trading Guides and eBooks, Market News and Research
Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators
Fees & Commissions
Trading-Related Fees
Commission: Fixed $7 USD per $100k USD traded
Spread starts from 0.0, commission- $30 per 1M
Spread (typical, fixed, variable)
Variable
Typical
Per Lot Fees
NA
NA
Options Contract Fees
NA
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
50:1
50:1
Non-Trading Fees
Dormant Fees
$15 inactive for 12 months
10 units of the currency for inactivity atleast 12 months.
Subscription Fees (for premium features, data feeds)
$5
$0
Advisory Fees
$30
$0
Swap Fees (Overnight Financing)
Yes
Vary on instruments and change on a daily basis
Statement or Document Fee
NA
$0
Account Opening Fee
$0
$0
Account Maintenance Fee
NA
$0
Deposit Fee
$0
$0
Currency Conversion Fee
0.50%
0.50%
Withdrawal Fee
Free for bank transfers and debit cards, US: $25, International: $40, except over $10,000
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
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Depends on the instrument offer
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)
Live chat: https://www.forex.com/en/contact-forex-com, Phone New accounts: Tollfree: 1-877-367-3946, International: 1-908-731-0750 Existing customers: Tollfree: 1-877-367-3946,Email New accounts: [email protected] Existing customers & inquiries: [email protected] International: 1-908-731-0750
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
5
4
Additional Information
Headquarters Location
30 Independence Blvd Suite 300, 3rd Floor, Warren, New Jersey 07059, US.
Dashwood House 64, Old Broad Street London EC2M 1QS
Complaints (for crypto brokers)
No
No
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