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

Broker Name

Spreadex

Oanda

Broker Overview

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

STP

Market maker

Years of Existence / Established Year

1999

1996

Customer Base / Number of Accounts

60,000+ traders

50M

Regulation & Security

Regulations (governing bodies)

FCA

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

Awards Won (count for the last 2 years)

Best Spread Betting Broker - by Good Money Guide Awards 2024 Best Mobile Trading App 2024 - ADVFN International Financial 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)

10,000 trading assets

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

cTrader

Social Trading

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Spreadex TradingView

Oanda Mobile and Tablet apps

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Spread betting Financial trading

Standard account Corporate account Professional trading account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

€0

Leverage Available

30:1

50:1

Trade Limit (maximum per trade)

Varies by instrument

Commission (per account type)

€2.50 per lot

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

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

Only experienced

Deposit & Withdrawal Options

Deposit Methods

Easy Bank transfer UK Debit cards Credit card E-wallets

Bank Wire Transfer ACH Debit card

Withdrawal Methods

Bank Transfer Credit / Debit Cards

Debit card Bank Wire transfer

Other E-Wallets Supported

Apple Pay

Tools & Educational Resources

Economic Calendar

Yes

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

Customisable platform 35+ technical indicators Price alerts

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

Fees & Commissions

Trading-Related Fees

Spread starts from 0.6 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

30:1

50:1

Non-Trading Fees

Dormant Fees

1 per month

10 units of the currency for inactivity atleast 12 months.

Subscription Fees (for premium features, data feeds)

€0

Advisory Fees

€0

Swap Fees (Overnight Financing)

Yes

Vary on instruments and change on a daily basis

Statement or Document Fee

€0

Account Opening Fee

€0

Account Maintenance Fee

€0

Deposit Fee

€0

Currency Conversion Fee

Info not available

0.50%

Withdrawal Fee

€0

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)

Monday: 24 hours Tuesday: 24 hours Wednesday: 24 hours Thursday: 24 hours Friday: 00:00 to 21.15 Saturday: Closed Sunday: 21:00 to 00:00Out of Hours trading: US stock market between 2:30pm to 9pm

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

Customer Support

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

7 days a week 8:00am to 5:30pm

24x5

Customer Support Methods (phone, email, live chat)

Financial Desk: 08000 526 570 +44 (0) 727 895 151General Enquiries: +44 (0) 727 895 000E mail: [email protected]

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

Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU

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.

Spreadex is known for competitive pricing on basic trades, especially for beginners. However, Oanda fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.

If speed and simplicity matter to you, Spreadex delivers a streamlined account setup. In contrast, Oanda includes more documentation and KYC checks, which can delay access but ensures strong compliance.

While Spreadex focuses on mobile-first design and clean user experience, Oanda includes features like in-depth charting, integrated news feeds, and strong desktop performance.

Advanced users will enjoy Spreadex capabilities, but Oanda remains a favorite for its streamlined and beginner-centric approach.

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