FxPro
72.87% of retail investor accounts lose money when trading CFDs with this provider.
Oanda
76.6% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders FxPro and Oanda are best suited to, based on what each one actually offers in India.Oanda is better than FxPro for day traders and futures traders. Both are a good fit for professional traders, high-volume traders and scalpers.
| Overall score | FxPro 82 | Oanda 82 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise FxPro and the ones that supervise Oanda.FxPro and Oanda are both regulated by top-tier authorities, FxPro by CySEC and the FCA (United Kingdom) and Oanda by KNF, ASIC (Australia) and the CFTC (United States).
| Section score | FxPro 100 | Oanda 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | ||
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that FxPro and Oanda have in place to protect your money in India.FxPro and Oanda both offer segregated client funds and two-factor authentication. FxPro also offers additional money insurance.
| Section score | FxPro 74 Best | Oanda 66 -8 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2006 | 1996 |
| Parent company i | FxPro Group Limited | OANDA Group |
| CEO i | Charalambos Psimolophitis | Gavin Bambury |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | Barclays, Julius Baer, Royal Bank of Scotland | N/A |
| Brand power | ||
| Number of customers worldwide i | 2,180,000 | |
| Annual revenue i | USD 900,000 | USD 16,900,000 |
| Monthly website search traffic i | 323.9K monthly visits | |
Costs
What we compare A comparison of what it costs to trade with FxPro and with Oanda in India, both on each trade and on holding the account.Oanda is better than FxPro for costs, since Oanda is cheaper on EUR/USD, at 5.5 USD per lot (against FxPro's 11.7 USD), has tighter S&P 500 CFD spreads, at 0.49 points (against FxPro's 0.85 points), and does not charge currency conversion fees, unlike FxPro. Neither FxPro nor Oanda charges account maintenance fees or deposit fees.
| Section score | FxPro 49 -35 | Oanda 84 Best |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | USD 7 | Free |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 11.7 | USD 5.5 |
| S&P 500 fees (CFD) i | 0.85 points | 0.49 points |
| Gold fees (CFD) i | 0.34 points | 0.57 points |
| Bitcoin fees (CFD) i | USD 15.74 | USD 40 |
| US stocks fees (CFD) i | Free | USD 0.1 |
| Fees on stocks | ||
| Stock fee type i | Spread | Percentage |
| US stocks fees (real) i | ||
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | ||
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | ||
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with FxPro and with Oanda in India, and of how many instruments each one gives access to.Oanda is better than FxPro for available markets, because Oanda offers futures on crypto and forex, which FxPro does not. Both FxPro and Oanda offer CFDs on commodities, crypto, forex, indices and stocks.
| Section score | FxPro 75 -25 | Oanda 100 Best |
|---|---|---|
| Total tradable symbols i | 2,100 | 1,500 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Crypto, Forex, Indices, Stocks |
| Futures i | Crypto, Forex | |
| Options i | ||
| Assets you can own i |
Platform
What we compare A comparison of the trading platforms that FxPro and Oanda make available to their clients in India.Oanda is better than FxPro for platforms, since Oanda offers a proprietary platform and AutoChartist, which FxPro does not. FxPro and Oanda both offer MetaTrader 5 and MetaTrader 4.
| Section score | FxPro 80 -11 | Oanda 91 Best |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of FxPro and Oanda in India, and of what each one lets you do from your phone.FxPro is better than Oanda for mobile trading, since FxPro offers the cTrader app, a social trading app and a copy trading app, which Oanda does not. FxPro and Oanda both offer a proprietary mobile app and the MetaTrader 5 app.
| Section score | FxPro 100 Best | Oanda 86 -14 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that FxPro and Oanda allow on their platforms in India.FxPro is better than Oanda for trading features, because FxPro offers guaranteed stop losses, which Oanda does not, and allows for high-frequency trading. Both FxPro and Oanda offer negative balance protection and trailing stops.
| Section score | FxPro 93 Best | Oanda 83 -10 |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | Agency |
| Average execution time i | 13 ms | |
| Slippage occurrence i | 9% | |
| Requotes occurrence i | 0% | |
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 10000:1 | 888:1 |
| Minor/Exotic FX pairs leverage i | 10000:1 | 888:1 |
| Major indices leverage i | 10000:1 | 888:1 |
| Minor indices leverage i | 200:1 | 200:1 |
| Gold leverage i | 10000:1 | 888:1 |
| Commodities leverage i | 500:1 | 100:1 |
| Equities leverage i | 25:1 | 20:1 |
| Cryptocurrency leverage i | 10000:1 | 10:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at FxPro and at Oanda in India, and of who each one is meant for.FxPro is better than Oanda for account types, since FxPro offers a managed account, an ECN account and an Islamic account, which Oanda does not. Both FxPro and Oanda offer a demo account and a professional traders account.
| Section score | FxPro 84 Best | Oanda 53 -31 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with FxPro and with Oanda in India.Oanda is better than FxPro for account opening, as Oanda does not require a minimum deposit (against FxPro's 100 USD), and offers a bonus program, which FxPro does not. FxPro and Oanda both offer credit cards and debit cards.
| Section score | FxPro 72 -8 | Oanda 80 Best |
|---|---|---|
| Minimum deposit i | USD 100 | USD 0 |
| Minimum withdrawal i | USD 0 | USD 0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | Neteller, Skrill | |
| Local payment methods i | ||
| Account base currencies i | AUD, CHF, EUR, GBP, JPY, PLN, USD | USD |
| Deposit waiting time i | up to 1 business days | up to 2 business days |
| Withdrawal waiting time i | up to 1 business days | up to 2 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of FxPro and Oanda in India, in how it can be reached and how fast it answers.FxPro is better than Oanda for customer care, because FxPro offers customer support in 18 languages (against Oanda's 5), has a website in 24 languages (against Oanda's 7), and offers a dedicated account manager, which Oanda does not. FxPro and Oanda both offer phone support and live chat.
| Section score | FxPro 91 Best | Oanda 46 -45 |
|---|---|---|
| Number of languages supported i | 24 | 7 |
| Website languages i | Arabic, Czech, Danish, German, English, Estonian, Finnish, French, Croatian, Hungarian, Indonesian, Italian, Korean, Lithuanian, Malay, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, Urdu, Vietnamese, Chinese | German, English, French, Italian, Russian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | Arabic, Czech, German, English, French, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese, Chinese | German, English, Russian, Spanish, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that FxPro and Oanda provide to their clients in India.FxPro is better than Oanda for learning, since FxPro offers professional reports and daily market commentary, which Oanda does not. Both FxPro and Oanda offer education for advanced traders and education for beginners.
| Section score | FxPro 83 Best | Oanda 80 -3 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
FxPro vs Oanda: which one should you choose?
CFD Choose FxPro, regulated by CySEC and the FCA, if you want a CFD and forex broker with cTrader, a wide choice of markets and a guaranteed stop loss.
Open Account 72.87% of retail investor accounts lose money when trading CFDs with this provider.CFD Choose Oanda, regulated by the MAS and ASIC, if you want a forex brokerage service with low trading costs, no minimum deposit and futures.
Open Account 76.6% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include FxPro or Oanda, each scored with the same data and method as this page.