Forex Trading

Compare worldtradex Vs OANDA: Which is the Better Forex Broker in 2025?

This website is for informational purposes only and should not be considered advice. Customer service and support is a particularly big deal in the fast-moving, high-risk field of forex trading. A minute can equal an eternity in a marketplace that deals in the trillions on a daily basis. Otherwise, Oanda’s scalable learning resources are designed with the active, intermediate to advanced trader in mind. worldtradex easily beats out Oanda in both the variety and the quality of their trading platforms for web (online) and desktop. Oanda wins big points for the platform’s transparent pricing and efforts to minimize risk by offering micro lots and flexible pricing models (broker-spread versus raw-spread+commission).

Fees on Stocks

OANDA is rated 4 out of 5 stars and is ranked #34 in the Commissions and Fees category by ForexBrokers.com. In the world of forex trading, the choice of a broker plays a crucial role in the overall trading experience. Two of the most well-known and trusted brokers in the industry are worldtradex and OANDA. Both have established themselves as top-tier options for traders of all levels, but understanding their strengths and weaknesses in various areas can help traders make an informed decision. This comprehensive comparison between worldtradex and OANDA will explore several aspects such as their history, trading platforms, fees, regulations, customer support, and more.

3. TradingView Integration

With so much experience under their belt, it’s no surprise that both online traders gathered quite a loyal network of customers, attracting both professional and beginner traders. Both brokers offer strong research and educational tools, though Oanda has a slight edge in market research. Both worldtradex and Oanda are highly trusted brokers with strong reputations in the Forex and CFD market. Both brokers are regulated by multiple Tier-1 financial authorities, including the FCA in the UK and ASIC in Australia. However, we know that in 2017, worldtradex was fined $7 million by the U.S.

The funds are kept safe by top global banks and cannot be used to reimburse creditors in the unlikely case of worldtradex going bankrupt or insolvent. In worldtradex’s app store, you can access various types of technical indicators, add-ons, and automated trading strategies (trading bots). Spread betting with worldtradex is available for UK residents and provides a tax-efficient way to trade.

Oanda Fees

Conversely, worldtradex presents a wide spectrum of markets and instruments, paired with low floating spreads, to cater to a multitude of trading strategies. This flexibility makes worldtradex an attractive option for both beginner and experienced traders alike. Conversely, worldtradex’s pricing for forex trading is slightly above the industry average, but it offers competitive spreads, particularly in its commission-based accounts. For instance, while standard account spreads on the EUR/USD averaged 0.78 pips in the EU, U.K., and Australia, its commission-based accounts offer https://worldtradex.pro/ spreads as low as 0.28 pips, excluding commissions.

In this case, OANDA provides their pricing with Fixed spread while worldtradex offers Fixed spread. worldtradex and Oanda both offer outstanding trading conditions in terms of low trading costs, reliable trade execution, and great trading platforms. These brokers also have a good range of tradable instruments, although we would like to see them add a good number of individual stocks CFDs to their lists. Oanda’s list also lacks cryptocurrencies, but perhaps Worldtradex reviews it will have some crypto instruments available soon. If social trading is a key factor for you, you may need to look at other brokers.

Unlike worldtradex, Oanda does not keep its clients’ funds in segregated accounts, which is a concern. Oanda is also a market maker, as opposed to worldtradex which is an enhanced execution broker. The latter is better for retail clients because the matching algorithm always displays the best bid and ask prices from a multitude of different liquidity providers). Oanda and the worldtradex group of companies are regulated by different top-tier financial authorities around the world. A major difference, however, is that traders from the United States are not eligible to apply for a live trading account with worldtradex, while Oanda’s services are available to U.S. residents.

  • It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by.
  • Both brokers offer a minimum of 10 educational pieces, including articles, videos, and archived webinars centered around these subjects.
  • In addition to its own platforms, OANDA integrates with TradingView, a popular charting and social trading platform.
  • Also, before you sign up with online brokers like worldtradex or Oanda, make sure you know what you are doing.

worldtradex vs Oanda Fees Comparison

However, OANDA stands out by offering a more extensive selection of e-payment methods. worldtradex operates under the stringent oversight of regulatory authorities in the UK, Australia, and several other international jurisdictions, which facilitates their global service offerings. OANDA has a lower minimum deposit requirement of $0 vs $50 from worldtradex. Having said that, if you use cards or Trustly as your payment option, both channels require at least $25 or equivalent. On the subject of leverage, it helps if you can reduce the risk of slippage; for this reason, execution speed can make a difference.

worldtradex is not regulated in the U.S. but has solid global oversight through multiple Tier-1 regulators. To support their clients, OANDA enables trading with FxTrade App, MetaTrader 5, Oanda Platform, MetaTrader 4. In comparison, worldtradex provides trading with MetaTrader 4 (Limited with 30 days), Trading Station II (Limited with 30 days), MirrorTrader, NinjaTrader with the support of .

They are also widely recognized for their dedication to providing high-quality educational resources to help traders improve their skills. For traders seeking low spreads and active trading features, worldtradex’s Active Trader account may be more suitable. However, OANDA’s Core Pricing account offers extremely tight spreads for high-volume traders. Both brokers are highly regulated and offer strong customer support, making them reliable choices for forex traders around the globe. worldtradex offers a robust customer support system available via phone, live chat, and email. The broker also provides a dedicated support team in various languages, ensuring that traders from different regions can receive assistance.

Tradeable Instruments

  • worldtradex’s web platform features include news and an economic calendar so you can anticipate market data.
  • In these jurisdictions, it is regulated by the UK’s Financial Conduct Authority, the Australia Securities and Investment Commission and South Africa’s Financial Sector Conduct Authority.
  • OANDA’s broad regulation across multiple jurisdictions provides a high level of trust and security for its clients.
  • In this instance, having access to mobile trading with worldtradex or Oanda can help limit your risk and trade on the move.

Both worldtradex and OANDA offer a wide variety of platforms, including popular third-party options like MT4. worldtradex’s proprietary Trading Station and NinjaTrader provide sophisticated tools, while OANDA’s fxTrade and TradingView integration offer user-friendly interfaces and advanced charting. 74.74% of retail investor accounts lose money when trading CFDs with worldtradex.

Is worldtradex a good broker?

Oanda and worldtradex are both market maker/ECN hybrids, meaning that both have at least one commission-free account type with a dealing desk, usually a sophisticated electronic one. Withdrawal processing times depend on the payment processor, where worldtradex offers more transparency, noting it processes requests within two business days. Oanda reviews show typical processing times of one to two business days but can be up to six business days, dependent on the geographic location of clients and their chosen withdrawal method. This can be advantageous to some traders and negative for others, depending on which instruments they trade as well as the duration of their trades. No commission account spread propiety testing data and published wesbite spread information, centralised on our Standard Account Spreads page. Despite both brokers being highly regulated, we found the brokers are not spotlessly clean.

Notably, worldtradex stands out with its more extensive charting tools, offering 59 technical studies compared to OANDA’s 30. However, only worldtradex supports the syncing of watchlist symbols between the mobile app and the online account, enhancing usability for traders who frequently switch between devices. OANDA’s proprietary trading platform is known for its simplicity and ease of use. The platform features advanced charting capabilities, real-time market data, and access to various financial instruments. It is available as a web-based platform, desktop software, and mobile app, ensuring traders can access their accounts from virtually anywhere. worldtradex’s proprietary platform, Trading Station, is designed to offer a seamless trading experience for both beginner and experienced traders.