Written by ForexBrokers.com
In this head to head comparison of XTB vs OANDA, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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XTB vs. OANDA: XTB was founded in 2002 and is publicly traded, while OANDA began in 1996 and is privately held; neither broker is a bank. ForexBrokers.com rates both in the highly trusted bracket, with XTB at 96/99 and OANDA at 92/99. For context, scores of 90–99 are highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted.
Looking at regulation, XTB holds 2 Tier-1 licenses and 2 Tier-2 licenses, while OANDA holds 7 Tier-1 licenses and no Tier-2 licenses. Tier-1 regulators are considered the most stringent, and Tier-2 regulators are also trusted. This means OANDA has wider top-tier coverage, whereas XTB pairs top-tier oversight with additional trusted regulators—both outcomes align with their high trust scores.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Year Founded | 2002 | 1996 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 7 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 1 |
XTB comes out ahead of OANDA on commissions and fees overall. XTB is rated 4.5 out of 5 stars and ranks #13 out of 36 brokers for this category. Its pricing is close to the industry average, with a spread-only Standard account that is usually the better pick for most retail traders. Based on Q4 2023 data, the average EUR/USD spread was 1 pip, and while XTB also has a commission-based Professional account, that option is limited to eligible clients in the U.K. and Europe and is being phased out in many places.
OANDA is rated 4 out of 5 stars and ranks #31 out of 36 brokers for commissions and fees. Its trading costs are generally higher than the best-priced brokers, with non-core EUR/USD pricing averaging 1.61 pips in July 2024. OANDA does offer a Core pricing plan with tighter spreads plus a commission of $5 per $100,000 traded per side, but it requires a $10,000 minimum deposit, and the all-in cost is only slightly better than the standard pricing. For traders who want lower minimum trade sizes and active trader rebates, OANDA has some nice features, but price-wise it tends to be more expensive than XTB.
For active traders, both brokers offer discounts or rebates, but XTB’s Lower Spread Group is more flexible for smaller volume tiers, with spread rebates of 5% to 30% as monthly trading volume increases. OANDA’s Elite Trader program is aimed at higher-volume clients, with rebates from $5 to $17 per million for those who trade 10 million or more in volume. In simple terms: XTB is the better value for most traders, while OANDA is stronger on account features than on low fees.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average spread (EUR/USD) - Standard account | 0.92 | 1.68 |
| All-in Cost EUR/USD - Active | 0.92 | 1.69 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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XTB offers a wider range of investments than OANDA, making it the stronger choice for traders who want more market options in one place. XTB lists 10,900 tradeable symbols, compared with 4,172 at OANDA, and also provides slightly more forex pairs, with 71 versus 69. Both brokers support forex trading, offer exchange-traded securities on U.S. and international exchanges, and let clients trade cryptocurrency CFDs.
There are a few key differences to note. OANDA supports copy trading and lets clients buy actual cryptocurrency, while XTB does not offer either feature. For range of investments, XTB receives a 5-star rating and ranks #14 out of 36 brokers on ForexBrokers.com, while OANDA is rated 4.5 stars and ranks #20. Overall, XTB gives investors the broader selection, while OANDA may appeal to those who want copy trading or direct crypto purchases.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10900 | 4172 |
| Forex Pairs (Total) | 71 | 69 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | Yes |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
XTB and OANDA both give traders a choice of a free demo account, a proprietary platform, a Windows desktop download, and a web-based platform, so each broker covers the main ways most people like to trade. Both also let you place trades directly from a chart, which can make order entry quicker and easier. In ForexBrokers.com’s Trading Platforms and Tools category, XTB is rated 4.5 out of 5 stars and ranks #9 out of 36 brokers, while OANDA is rated 4 out of 5 stars and ranks #16.
The main differences come down to added platform choices. OANDA supports copy trading, MetaTrader 4, and MetaTrader 5, while XTB does not offer those options. For traders who want access to MetaTrader or social trading features, OANDA has the edge; for users who mainly want a simple set of trading tools with a strong platform rating, XTB stands out slightly higher overall.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 39 | 89 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XTB and OANDA both make it easy to trade on the go, with iPhone and Android apps, price alerts, trendline drawing, and auto-saving chart drawings. Neither broker offers watchlist symbol syncing between the mobile app and online account, so watchlists do not carry over automatically. For charting tools, XTB has the edge with 39 technical studies in its app compared with OANDA’s 30, which may appeal to traders who want a bit more depth in mobile analysis.
When it comes to overall mobile app quality, OANDA comes out slightly ahead. It is rated 5 stars for mobile trading apps and ranks #7 out of 36 brokers at ForexBrokers.com, while XTB is rated 4.5 stars and ranks #8. In short, XTB offers more charting indicators, but OANDA earns a small lead in overall mobile app rating and ranking.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 39 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
XTB and OANDA both give traders a solid range of market research tools. Each broker provides daily market commentary, news from major sources like Bloomberg and Reuters, a sentiment tool showing long and short positions, and an economic calendar with upcoming global events. Both are also rated 5 stars for Research, so traders at either firm can expect easy access to useful market updates and planning tools.
The main difference is in third-party research. OANDA includes Autochartist, which can help spot trading ideas using technical and fundamental signals, while XTB does not. Neither broker offers Trading Central, TipRanks, or Acuity Trading tools. In ForexBrokers.com’s Research rankings, OANDA places higher at #4 out of 36 brokers, compared with XTB at #9, giving OANDA a slight edge for research depth.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
XTB and OANDA both give beginners plenty of learning support, with each broker offering forex and CFDs education, monthly online webinars, and at least 10 beginner videos as well as 10 advanced videos. In other words, either platform can help new traders build a basic understanding of the markets and keep learning as their skills grow. Both brokers also earn a 5-star rating for Education, which suggests they each offer a strong range of learning materials for different experience levels.
That said, XTB has the edge in the Education category when it comes to overall ranking. ForexBrokers.com places XTB at #11 out of 36 brokers, while OANDA sits at #18. For beginners choosing between the two, both are solid options, but XTB may be the slightly better pick if you want the higher-ranked education center and a bit more confidence that the learning content is easier to find and use.
| Feature |
XTB
|
OANDA
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XTB is better than OANDA. XTB finished with an overall rank of #7, while OANDA finished with an overall rank of #13.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
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OANDA
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| Trust Score | 96 | 92 |
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XTB vs OANDA: OANDA lets you buy actual (delivered) cryptocurrencies and trade crypto CFDs, while XTB does not offer actual crypto purchases and only provides cryptocurrency trading via CFDs.
XTB vs OANDA: both brokers support PayPal, Skrill, and bank wire transfers for account funding and withdrawals, but only OANDA offers ACH/SEPA, and Visa/Mastercard availability is not specified for either.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | XTB | OANDA | |
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| Trust Score | 96 | 92 | |
| Winner | check_circle | ||
| Review | XTB Review | OANDA Review |
| Broker Screenshots | XTB | OANDA | |
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| Regulation | XTB | OANDA | |
|---|---|---|---|
| Trust Score | 96 | 92 | |
| Year Founded | 2002 | 1996 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 7 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | XTB | OANDA | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | Yes | |
| Singapore (MAS Authorised) | No | Yes | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | Yes | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | XTB | OANDA | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XTB | OANDA | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10900 | 4172 | |
| Forex Pairs (Total) | 71 | 69 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | Yes | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | XTB | OANDA | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.92 | 1.68 | |
| All-in Cost EUR/USD - Active | 0.92 | 1.69 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XTB | OANDA | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | XTB | OANDA | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | XTB | OANDA | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 39 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | OANDA | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 39 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XTB | OANDA | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XTB | OANDA | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | XTB | OANDA | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XTB Review | OANDA Review |
| Overall | XTB | OANDA | |
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| Trust Score | 96 | 92 | |
| Winner | check_circle | ||
| Review | XTB Review | OANDA Review |
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