FXCM vs Oanda

 

An overall comprehensive side-by-side comparison of FXCM vs Oanda. FXCM is a multi-regulated No-Dealing Desk (NDD) broker with customizable account types and a plethora of advanced trading tools. But how does this broker weigh up against the versatile and multi-regulated OANDA?

 

FXCM vs Oanda Review – 24 Key Point Quick Overview (2025):

1. ☑️ FXCM vs Oanda Overall Comparison
2. ☑️ FXCM vs Oanda Regulation Comparison
3. ☑️ FXCM vs Oanda Assets Comparison
4. ☑️ FXCM vs Oanda Fees Comparison
5. ☑️ FXCM vs Oanda Account Types Comparison
6. ☑️ FXCM vs Oanda Trading Conditions Comparison
7. ☑️ FXCM vs Oanda Deposit Options Comparison
8. ☑️ FXCM vs Oanda Trading Platforms Comparison
9. ☑️ FXCM vs Oanda Analytical Tools Comparison
10. ☑️ FXCM vs Oanda Educational Resources Comparison
11. FXCM vs Oanda Forex Majors Offered Compared
12. FXCM vs OANDA
13. Which offers better pricing – FXCM or OANDA
14. Which broker offers more security when trading Forex and CFDs?
15. Which broker offers the superior trading platform?
16. Do these brokers both offer MetaTrader?
17. How many Forex pairs can I expect from these brokers?
18. Is it safe to trade with FXCM?
19. Is it safe to trade with OANDA?
20. Who is FXCM?
21. Who is OANDA?
22. Is FXCM a good broker?
23. Is OANDA a good broker?
24. Who is the Overall Winner?

 

 

FXCM vs Oanda Overall Comparison

🔍 Features	🏛️ FXCM	🏛️ OANDA
🔄 General comparison	4/5	4/5
🏛️ Regulation	4/5	4/5
📊 Spreads and fees	4/5	3/5
📈 Trading Platforms	5/5	4/5
📱 Trading Apps	4/5	5/5
🛠️ Analytical Tools	4/5	5/5
🎓 Educational Resources	4/5	4/5
⭐ Trust Score	96	92
⭐ Best in class	✔️

 

FXCM vs Oanda Regulation Comparison

🔍 Features	🏛️ FXCM	🏛️ OANDA
⭐ Trust Score	96	92
📅 Year founded	1999	1996
📊 Publicly Traded	✔️ Yes	❌ No
🇿🇦 Licensed in South Africa	✔️ Yes	❌ No
🥇 Tier-1 Regulation	2	8
🥈 Tier-2 Regulation	2	0
🥉 Tier-3 Regulation	0	2

 

FXCM vs Oanda Assets Comparison

🔍 Features	🏛️ FXCM	🏛️ OANDA
📊 Forex	✔️ Yes	✔️ Yes
📊 Number of Forex pairs	45	71
📊 CFDs	✔️ Yes	✔️ Yes
📊 Bonds	❌ No	✔️ Yes
📊 Commodities	✔️ Yes	✔️ Yes
📊 ETFs	❌ No	❌ No
📊 Treasuries	❌ No	❌ No
📊 Indices	✔️ Yes	✔️ Yes
📊 Options	❌ No	❌ No
📊 Futures	❌ No	❌ No
📊 Precious Metals	✔️ Yes	✔️ Yes
📊 Energies	✔️ Yes	✔️ Yes
📊 Individual Shares	✔️ Yes	✔️ Yes
📊 US Stock Trading	✔️ Yes	❌ No
📊 International Stock Trading	✔️ Yes	❌ No
📊 Cryptocurrency CFDs	✔️ Yes	✔️ Yes
📊 Physical Crypto	❌ No	❌ No
📊 Total Tradable Instruments	276	124

 

FXCM vs Oanda Fees Comparison

🔍 Features	🏛️ FXCM	🏛️ OANDA
💰 Average Spread for EUR/USD	0.2 pips	0.1 pips
💰 Commissions Charged	✔️ Yes	✔️ Yes
💰 ECN Execution	✔️ Yes	❌ No
💰 Market Maker Execution	✔️ Yes	❌ No
💰 Inactivity Fee	✔️ Yes	✔️ Yes
💰 Currency Conversion Fees	✔️ Yes	✔️ Yes
💰 Deposit Fee	❌ No	❌ No
💰 Withdrawal Fee	✔️ Yes	✔️ Yes

 

FXCM vs Oanda Account Types Comparison

🔍 Features	🏛️ FXCM	🏛️ OANDA
📒 Standard Account	✔️ Yes	✔️ Yes
📒 Cent Account	❌ No	❌ No
📒 Commission-Free Account	✔️ Yes	✔️ Yes
📒 ECN Account	✔️ Yes	✔️ Yes
📒 Demo Account	✔️ Yes	✔️ Yes
☪️ Islamic/Swap-Free Account	✔️ Yes	✔️ Yes
📒 Managed Accounts	❌ No	❌ No
📒 Share Dealing Account	❌ No	❌ No

 

FXCM vs Oanda Trading Conditions Comparison

🔍 Features	🏛️ FXCM	🏛️ OANDA
📊 Hedging	✔️ Yes	✔️ Yes
📊 Scalping	✔️ Yes	✔️ Yes
📊 Dynamic Leverage	✔️ Yes	✔️ Yes
📊 Beginner Trading	✔️ Yes	✔️ Yes
📊 Professional Trading	✔️ Yes	✔️ Yes
📊 Copy/Social Trading	✔️ Yes	❌ No

 

FXCM vs Oanda Deposit Options Comparison

🔍 Features	🏛️ FXCM	🏛️ OANDA
💳 Bank wire	✔️ Yes	✔️ Yes
💳 MasterCard	✔️ Yes	✔️ Yes
💳 PayPal	❌ No	❌ No
💳 Skrill	✔️ Yes	✔️ Yes
💳 Neteller	✔️ Yes	✔️ Yes
💳 Minimum Deposit	R800 ZAR / $50	R0 ZAR / $0

 

FXCM vs Oanda Trading Platforms Comparison

🔍 Features	🏛️ FXCM	🏛️ OANDA
💻 Desktop Platform	❌ No	✔️ Yes
📱 Mobile App	✔️ Yes	✔️ Yes
💻 Social Trading	✔️ Yes	✔️ Yes
💻 MetaTrader 4	✔️ Yes	✔️ Yes
💻 MetaTrader 5	❌ No	✔️ Yes
💻 cTrader	❌ No	❌ No
💻 DupliTrade	❌ No	❌ No
💻 ZuluTrade	✔️ Yes	❌ No
💻 Proprietary Platform	❌ No	✔️ Yes

 

FXCM vs Oanda Analytical Tools Comparison

🔍 Features	🏛️ FXCM	🏛️ OANDA
📅 Economic Calendar	✔️ Yes	✔️ Yes
📈 Social Sentiment	✔️ Yes	✔️ Yes
📈 Trading Central	✔️ Yes	❌ No
📈 AutoChartist	✔️ Yes	✔️ Yes
📈 Forex News Sources	✔️ Yes	✔️ Yes
📈 Daily Market Commentary	✔️ Yes	✔️ Yes
📈 Virtual Private Server (VPS)	✔️ Yes	✔️ Yes
📈 Trading View	✔️ Yes	✔️ Yes
📈 Blog	✔️ Yes	✔️ Yes

 

FXCM vs Oanda Educational Resources Comparison

🔍 Features	🏛️ FXCM	🏛️ OANDA
🎓 Offers education	✔️ Yes	✔️ Yes
ℹ️ Webinars	✔️ Yes	✔️ Yes
ℹ️ Beginner training videos	✔️ Yes	✔️ Yes
ℹ️ Advanced training videos	✔️ Yes	✔️ Yes
ℹ️ Tutorials	✔️ Yes	✔️ Yes
ℹ️ eBooks	❌ No	❌ No
ℹ️ Glossary	✔️ Yes	✔️ Yes

 

FXCM vs Oanda Forex Majors Offered Compared

🔍 Features	🏛️ FXCM	🏛️ OANDA
💱 GBP/USD	✔️ Yes	✔️ Yes
💱 USD/JPY	✔️ Yes	✔️ Yes
💱 EUR/USD	✔️ Yes	✔️ Yes
💱 USD/CHF	✔️ Yes	✔️ Yes
💱 USD/CAD	✔️ Yes	✔️ Yes
💱 NZD/USD	✔️ Yes	✔️ Yes
💱 AUD/USD	✔️ Yes	✔️ Yes

 

FXCM vs OANDA

 

We spent many hours thoroughly examining the best-in-class Forex brokers for 2025. Here, we take a closer look at FXCM vs OANDA.

 

Which offers better pricing – FXCM or OANDA

 

FXCM offers better pricing since there is ECN execution of trades. In addition, the commissions that South Africans can expect from FXCM is competitive at $25 per $1 million traded.

 

Which broker offers more security when trading Forex and CFDs?

 

FXCM offers more security to traders and has a much higher trust score than OANDA overall. FXCM is licensed by two Tier-1 Regulators (high trust), two Tier-2 Regulators (average trust), and zero Tier-3 Regulators (low trust).

 

Which broker offers the superior trading platform?

 

OANDA offers an award-winning proprietary trading platform that can be used on desktop computers, web browsers, and mobile devices. However, FXCM offers a superior trading platform when considering the range of advanced tools and technologies provided.

FXCM not only offers Trading Station, MetaTrader 4, ZuluTrade, and TradingView Pro, but also offers others such as Capitalise AI, QuantConnect, SeerTrading, and more.

 

Do these brokers both offer MetaTrader?

 

Yes, both these brokers offer MetaTrader, but FXCM only offers MetaTrader 4.

 

How many Forex pairs can I expect from these brokers?

 

You can trade 42 forex pairs with FXCM while OANDA offers you more options with 71 forex pairs.

 

Is it safe to trade with FXCM?

 

Yes, it is safe to trade with FXCM. FXCM is considered low-risk, with an overall Trust Score of 96 out of 100. FXCM is licensed by two Tier-1 Regulators (high trust), two Tier-2 Regulators (average trust), and zero Tier-3 Regulators (low trust).

Due to FXCM’s multi-jurisdictional regulation, South Africans should not have any issues utilizing them for day trading. FXCM is well-positioned to provide top-notch service to traders all around the globe since it has offices, partners, and affiliates in the main financial centers of the world.

On every one of its websites and platforms, FXCM has installed a Secured Socket Layer, often known as SSL. To prevent hackers from gaining access to sensitive information, the data transfer that occurs between the workstations of FXCM’s customers and the company’s servers is encrypted using SSL.

This is particularly significant since criminals on the internet may try to steal essential user information such as credit card numbers, verification papers, and users’ accounts. Identity thieves may also try to steal this information.

 

Is it safe to trade with OANDA?

 

Yes, it is safe to trade with OANDA. OANDA is considered low-risk, with an overall Trust Score of 92 out of 100. OANDA is licensed by eight Tier-1 Regulators (high trust), zero Tier-2 Regulators (average trust), and two Tier-3 Regulators (low trust).

Customers’ deposits are held in individual bank accounts that are maintained apart from one another. Some of the most famous banks in Europe, such as NatWest, Barclays, and Lloyds, among others, hold client funds.

OANDA’s internal auditors conduct regular audits of the company’s financial records. Every year, PricewaterhouseCoopers performs an audit of the records, and the findings are subsequently sent to the relevant regulatory bodies.

The Financial Services Compensation Scheme (FSCS) protects OANDA’s European and British clients. Customers who are eligible for compensation will get up to £85,000 if the broker goes out of business.

Customers in Canada have access to insurance coverage via the Canadian Investor Protection Fund (CIPF), which is good for up to one million Canadian dollars. If MAS-regulated nations satisfy specific requirements, they are eligible for insurance coverage worth up to 50,000 Singapore dollars.

OANDA uses Secure Sockets Layer (SSL) encryptions on its trading platforms and websites to protect its customers from hackers and other cybercriminals.

OANDA accepts consumers from all over the globe, although citizens of countries, such as those with stricter rules, are not permitted to register an account with the business.

 

 

Who is FXCM?

 

Since its founding in 1999, Forex Capital Markets (FXCM), a provider of online foreign exchange (FX) trading as well as stocks, CFD trading, and cryptocurrency trading, has won several accolades and established itself as a market leader.

Mobile trading, order execution with a single click, and trading based on real-time charts are some of the benefits available to customers. FXCM also provides instructional seminars on foreign exchange trading, in addition to trading tools, exclusive data, and premium resources.

Retail brokers, small hedge funds, and developing market banks all have access to wholesale execution and liquidity via FXCM Pro. High and medium frequency funds, on the other hand, have access to prime brokerage services through FXCM Prime.

Forex Capital Markets (FXCM) Pro provides institutional and retail brokers, as well as hedge funds and banks in developing markets, with execution and liquidity solutions at wholesale prices.

Customers may have access to the market on a scale not available from any other company because of their connections to prime brokers, technology suppliers, and tier-one banks.

FXCM is the only brokerage firm that offers such a comprehensive collection of algorithmic trading tools. This is in addition to a robust collection of premium signals along with a Technical Analyzer, Trading Analytics, and social trading with Zulutrade.

Additional important toolkits offered by FXCM include applications, virtual private server (VPS) hosting, and application programming interface (API) tools for the construction of individualized trading applications.

 

Who is OANDA?

 

OANDA is the top regulated online forex broker in the United States, and it also has operations in several other countries across the world.

OANDA was first launched as a forex and CFDs trading platform; however, the company now provides clients with access to a wide range of asset classes across many financial markets, including currencies, commodities, and energy.

There are some helpful instructional materials and specialized support staff available for newcomers, and they are both there to assist you along the way. OANDA maintains that it is the exclusive venue for the execution of any orders placed by its customers.

OANDA does not make use of an order book, which means that the orders placed by customers are not used to either offer or take liquidity. Every order is carried out at the most efficient rates as well as the highest possible speeds.

The OANDA trade web has made trading more accessible for investors, regardless of the amount of trading expertise they have, from the point of accessing the platforms to the point of leveraging them for the generation of income.

OANDA provides investors with a website that is simple to use and gives a variety of trading opportunities. It contains useful information that may be of use to traders in advancing their careers.

OANDA provides research and instructional content that novice traders may use to equip themselves with the necessary trading expertise.

These resources can be accessed by clicking here. In addition, its extensive selection of base currency pairings, market mood indicators, and precise charting tools make it possible for skilled foreign exchange traders or reputable brokers to make money on any given day.

The trading platform offered by OANDA claims to provide all its traders, regardless of the device they use, with a trading experience that is quicker, more transparent, and more fluid.

 

Is FXCM a good broker?

 

Yes, FXCM is a good broker. FXCM is an excellent choice, particularly for algorithmic trading, for those investors who value sophisticated trading tools and high-quality market analysis.

Pricing information for currency pairs is obtained by FXCM from premium liquidity sources such as international banks and financial institutions.

The pricing engine at FXCM analyses the price data from the liquidity providers and chooses the price that offers the greatest overall value. Customers can see this price on the many trading platforms available to them.

FXCM uses a No Dealing Desk (NDD) brokerage methodology. All of this comes down to the fact that you will always be able to receive the quickest possible execution of your transactions at the most favorable rates.

According to FXCM, execution rates of 31 milliseconds are made possible by the sophisticated trading technology that has been introduced.

FXCM is a broker that caters to traders of all experience levels, including novices.

Beginner traders have access to FXCM’s Standard account, which has a lower minimum deposit requirement than other accounts, as well as ZuluTrade, which enables users to read and mimic the positions of market professionals that are featured on the site.

The FXCM platform is best suited for more seasoned traders who have already developed a method that relies on a wide variety of add-ons and tools. These traders will benefit the most from using the FXCM platform.

Because FXCM places such a focus on combining value-added services and resources, experienced traders benefit the most from the company’s efforts in this area. The range of platforms and tools that are accessible to them.

For traders, particularly those searching for algorithmic trading solutions, FXCM continues to be one of the most competitive alternatives available. Clients are given access to high-calibre research via FXCM Plus, and novice traders are given access to informative teaching material.

 

Is OANDA a good broker?

 

Yes, OANDA is a good broker. OANDA is the top regulated online forex broker in the United States, and it also has operations in several other countries across the world. OANDA was first launched as a forex and CFDs trading platform

However, the company now provides clients with access to a wide range of asset classes across many financial markets, including currencies, commodities, and energy. There are several helpful tutorials and committed support staff available for newcomers.

OANDA maintains that it is the exclusive venue for the execution of any orders placed by its customers. The broker has also confirmed that it does not make use of an order book, which means that the orders placed by customers are not used to either offer or take liquidity.

Every order is carried out at the most efficient rates as well as the highest possible speeds.

 

Who is the Overall Winner?

 

FXCM is the overall winner based on its pricing, trading platforms, resources, and range of instruments offered. In addition, FXCM also has a much higher trust score than OANDA, which means that more traders trust it as their connection to the financial markets.

 

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