HF Markets vs Oanda Comparison

Last updated May 6, 2025
HF Markets LogoHF Markets
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
Oanda LogoOanda
4.3/5
Register71-76.6% of retail investors lose money when trading CFDs with this broker

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Comparison Table of HF Markets and Oanda

BrokerHF MarketsOanda
Rating
4.3/5
4.3/5
Foundation Year20092001
Regulated in CountriesSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, KenyaUnited States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 1 USD
  • 1 EUR
  • 1 AUD
  • 1 CHF
  • 1 SGD
  • 1 HKD
Spreadfrom 0 pointsfrom 0.5 points
Max Leverage1:20001:200
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • MetaTrader 5
  • MetaTrader 4
  • TradingView
  • fxTrade
ReviewHF Markets Review Oanda Review

HF Markets is suitable for traders of any level looking for a reliable broker with good trading conditions and support for MetaTrader 4 and 5.

Oanda is suitable for beginners and experienced traders, thanks to quality analytics and various educational materials.

HF Markets Review

HF Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5WebTrader
compare HF Markets trading accounts

HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.

HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.

Pros and Cons of HF Markets

Pros

  1. Regulated by reputable financial authorities.
  2. Wide selection of trading assets.
  3. A variety of educational materials and analytical reviews.

Cons

  1. There is no alternative to MetaTrader.
  2. High swaps and wide spreads.

Oanda Review

Oanda Logo
Register71-76.6% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4TradingViewfxTrade
compare Oanda trading accounts

Oanda is an excellent choice for traders seeking a reliable and regulated broker with competitive spreads and various trading assets.

With quality analytics and diverse educational materials, Oanda suits beginners and experienced traders.

Pros and Cons of Oanda

Pros

  1. Tight spreads.
  2. Diverse markets and products.
  3. Advanced trading platforms.
  4. Quality analytics.
  5. Extensive learning section.

Cons

  1. Limited trading account types.
  2. Inactivity fee.
  3. High swaps.

Oanda is in the top 10 of the following ratings:

Reliability

BrokerHF MarketsOanda
Reliability
5/5
5/5
Foundation Year20092001
Regulated in CountriesSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, KenyaUnited States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland
Regulators
-

HF Markets

HF Markets is highly regulated and provides dependable services, safeguarding its clients' interests.

Oanda

Oanda demonstrates a high level of reliability, evidenced by licenses from the world's leading regulators.

Account Opening

BrokerHF MarketsOanda
Account Opening
5/5
4.5/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 1 USD
  • 1 EUR
  • 1 AUD
  • 1 CHF
  • 1 SGD
  • 1 HKD

HF Markets

The account opening process at HF Markets is simple and quick, with a user-friendly interface and standard verification.

Oanda

Oanda offers a straightforward and structured registration process, ensuring convenience for clients.

Pros

  1. Clearly structured registration process.
  2. No minimum deposit, offering flexibility for traders.

Cons

  1. Additional documents may be required in some cases.
  2. Document verification can take from 1 to 2 working days.

Account Types

BrokerHF MarketsOanda
Account Types
5/5
3/5
Trading Accounts
  • Cent
  • Premium
  • Zero
  • Pro
  • Standard
  • Swap Free
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 1 USD
  • 1 EUR
  • 1 AUD
  • 1 CHF
  • 1 SGD
  • 1 HKD
Spreadfrom 0 pointsfrom 0.5 points
Max Leverage1:20001:200
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • MetaTrader 5
  • MetaTrader 4
  • TradingView
  • fxTrade
Demo Account
Swap-free Account

HF Markets

The broker offers a range of accounts to satisfy the needs of diverse traders.

Pros

  1. A wide selection of account types to suit different requirements.
  2. Specialized accounts, such as Cent and Islamic accounts.
  3. The opportunity to copy trades from successful traders.

Oanda

Oanda provides various trading accounts, but some specialized types are missing.

Pros

  1. Standard accounts are available.
  2. Demo accounts are offered.
  3. Swap Free accounts are available for traders following Islamic principles.

Cons

  1. Cent accounts are missing.
  2. No fixed spread accounts.
  3. No investment accounts are available.

Commissions

BrokerHF MarketsOanda
Commissions
2/5
3.5/5
Spreadfrom 0 pointsfrom 0.5 points
Average Spread (EURUSD)1.50.8
Commission per Lot$3

HF Markets

HF Markets' commissions are above average for the market.

Pros

  1. No fees for deposits/withdrawals.

Cons

  1. Spreads are above average
  2. High swaps for long-term trading.
  3. Inactivity fee.

Oanda

Oanda's fees are moderate, making this broker competitive.

Pros

  1. No fees for deposits and withdrawals.
  2. Low spreads on major currency pairs.

Cons

  1. Inactivity fee is charged.
  2. Swaps may be high for some currency pairs.

Deposit and Withdrawal

BrokerHF MarketsOanda
Rating
5/5
4/5
Account Funding Methods
  • Skrill
  • Perfect Money
  • FasaPay
  • BitPay
  • Bank Transfer
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Swift
  • Visa
  • Mastercard

HF Markets

HF Markets provides many deposit and withdrawal methods, making the broker convenient for many traders.

Oanda

Oanda offers flexible conditions for depositing and withdrawing funds, but payment system commissions and currency conversion costs may apply.

Pros

  1. The broker does not charge a fee for deposits and withdrawals.
  2. A wide selection of payment systems is available.
  3. No restrictions on the amounts of deposits and withdrawals.

Cons

  1. High commission fees for certain methods by payment systems.
  2. Withdrawal request processing time may be long.
  3. Cryptocurrencies are not available as a payment method.

Markets and Products

BrokerHF MarketsOanda
Markets and Products
4.5/5
4.4/5
Forex5348
Precious Metals63
Energy Carriers23
Soft Commodities54
Indices1118
Stocks951607
ETF33-
Bonds3-
Cryptocurrency4018

HF Markets

HF Markets offers a wide selection of trading assets, though it has a limited choice of stocks.

Oanda

Oanda offers an extensive set of markets and products, making it a versatile choice for traders of different levels.

Pros

  1. A wide range of currency pairs.
  2. A large selection of stocks and indices.
  3. Access to cryptocurrency trading.

Cons

  1. Maximum leverage is only up to 1:200.

Trading Platforms

BrokerHF MarketsOanda
Rating
4.5/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • MetaTrader 5
  • MetaTrader 4
  • TradingView
  • fxTrade

HF Markets

HF Markets offers a wide choice of reliable and functional platforms, making it attractive to traders of various levels.

Oanda

Oanda provides high-quality trading platforms with deep functionality and integration with TradingView.

Pros

  1. Access to classic platforms MT4 and MT5.
  2. The fxTrade mobile app with integration with MT5.
  3. Integration with TradingView.

Cons

  1. No MetaTrader alternatives for desktop devices.

Analytics

BrokerHF MarketsOanda
Rating
5/5
5/5

HF Markets

HF Markets offers an impressive set of analytical tools and up-to-date news from experts, facilitating effective trading.

Oanda

The Oanda broker's analytical section offers many tools that help traders make informed decisions.

Education

BrokerHF MarketsOanda
Rating
5/5
4.5/5

HF Markets

HF Markets' educational materials are extensive and in-depth, allowing traders of all levels to improve their skills and strategies.

Oanda

Oanda provides an extensive range of educational resources, catering to new and experienced traders, focusing on leveraged trading.

Pros

  1. Comprehensive coverage of fundamental and technical analysis.
  2. Variety of resources including webinars, workshops, and live market analysis.
  3. Free access to premium content for live account holders.

Cons

  1. Some advanced topics may not be covered in depth.

Customer Support

BrokerHF MarketsOanda
Rating
4.2/5
5/5
Email Support
  • support@hfm.com
  • frontdesk@oanda.com
  • moneytransfer@oanda.com
Hotline Phones
  • +44-2030978571
  • +442031512050
  • +442071011600
Social Media

HF Markets

HF Markets' customer support is efficient, available through various channels, and responds quickly.

Pros

  1. Variety of communication channels (email, phone, online chat).
  2. Quick and professional response.
  3. Positive user feedback.

Cons

  1. Absence of instant messaging for quick communication.
  2. Lack of national phone lines.
  3. Support is limited to working days (24/5).

Oanda

Oanda's technical support provides extensive communication options and round-the-clock service, ensuring the professionalism and efficiency of the solutions provided.

Comparisons of HF Markets and Oanda with other brokers

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.