Oanda vs XTB Comparison

Last updated May 19, 2025
Oanda LogoOanda
4.3/5
Register71-76.6% of retail investors lose money when trading CFDs with this broker
VS
XTB LogoXTB
3.7/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

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 Oanda and XTB

BrokerOandaXTB
Rating
4.3/5
3.7/5
Foundation Year20012001
Regulated in CountriesUnited States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, PolandBelize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 AUD
  • 1 CHF
  • 1 SGD
  • 1 HKD
  • 1 USD
Spreadfrom 0.5 pointsfrom 0.5 points
Max Leverage1:2001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • TradingView
  • fxTrade
  • xStation
ReviewOanda Review XTB Review

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

XTB suits experienced traders looking for a reliable broker with a wide selection of instruments and high-quality analytics.

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.

XTB Review

XTB 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
xStation
compare XTB trading accounts

XTB is a highly regulated broker with licenses from leading bodies such as the FCA, reinforcing its reliability and transparency. This broker offers a wide range of trading products, including currencies, indices, commodities, stocks, and cryptocurrencies, making it a flexible choice for traders of different levels and interests. Various deposit options and advanced analytical support further enhance its appeal against competitors.

XTB suits traders who value regulation and security, those looking for various trading tools, and those who want access to extensive analytical resources. The broker will especially suit active traders who maximize low spreads and product diversity.

Pros and Cons of XTB

Pros

  1. Regulated by several leading financial authorities.
  2. Variety of methods to deposit funds.
  3. Wide range of trading assets.
  4. Extensive analytical tools and resources.

Cons

  1. Withdrawal and account inactivity fees.
  2. Withdrawal methods are limited.
  3. Limited number of trading account types.
  4. Lack of educational materials.

Reliability

BrokerOandaXTB
Reliability
5/5
5/5
Foundation Year20012001
Regulated in CountriesUnited States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, PolandBelize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Regulators

Oanda

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

XTB

XTB is quite reliable, considering regulation in several authoritative jurisdictions.

Account Opening

BrokerOandaXTB
Account Opening
4.5/5
4.5/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 AUD
  • 1 CHF
  • 1 SGD
  • 1 HKD
  • 1 USD

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.

XTB

The account opening process at XTB is simple and clear, but takes some time.

Pros

  1. Easy registration and data verification.
  2. Flexibility regarding the minimum deposit.
  3. Adherence to KYC and AML standards.

Cons

  1. Verification can take time.
  2. Need to provide a large volume of personal data.

Account Types

BrokerOandaXTB
Account Types
3/5
2/5
Trading Accounts
  • Standard
  • Swap Free
  • Standard
  • Swap Free
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 AUD
  • 1 CHF
  • 1 SGD
  • 1 HKD
  • 1 USD
Spreadfrom 0.5 pointsfrom 0.5 points
Max Leverage1:2001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • TradingView
  • fxTrade
  • xStation
Demo Account
Swap-free Account

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.

XTB

XTB offers basic accounts, but does not provide full variability, which may not satisfy all traders' needs.

Pros

  1. Swap-free account for Muslim traders.
  2. No restrictions on demo accounts

Cons

  1. Lack of cent accounts and fixed spread accounts.
  2. No market execution of orders.
  3. No investment accounts (PAMM, copy trading).

Commissions

BrokerOandaXTB
Commissions
3.5/5
2.5/5
Spreadfrom 0.5 pointsfrom 0.5 points
Average Spread (EURUSD)0.81.4
Commission per Lot

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.

XTB

XTB offers an average level of commissions.

Pros

  1. Cashback system helps to offset some of the commissions.

Cons

  1. High commission for withdrawals less than $50.
  2. Fee for account inactivity.

Deposit and Withdrawal

BrokerOandaXTB
Rating
4/5
4/5
Account Funding Methods
  • Skrill
  • Neteller
  • Swift
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • PaySafeCard
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro

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.

XTB

XTB provides convenient methods for depositing funds without a commission, but has limited withdrawal options.

Pros

  1. Wide selection of deposit methods.
  2. No commission for depositing funds.
  3. No commission for withdrawals over $50.

Cons

  1. The only available withdrawal method is bank transfer.
  2. Commission of $30 for withdrawals less than $50.

Markets and Products

BrokerOandaXTB
Markets and Products
4.4/5
5/5
Forex4857
Precious Metals39
Energy Carriers35
Soft Commodities410
Indices1835
Stocks16071997
Cryptocurrency1841
ETF-177
Bonds-3

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.

XTB

XTB offers an extensive range of markets and products for trading, including currency pairs, indices, commodities, stocks, ETFs, and cryptocurrencies.

Trading Platforms

BrokerOandaXTB
Rating
5/5
3.5/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • TradingView
  • fxTrade
  • xStation

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.

XTB

XTB offers its functional and user-friendly trading platform xStation 5, well-suited for market analysis.

Pros

  1. A multitude of analytical tools.
  2. Customizable terminal interface.
  3. Android mobile app available.

Cons

  1. Lack of choice between different trading platforms.
  2. No platform version for iOS devices.
  3. No desktop version of the platform.

Analytics

BrokerOandaXTB
Rating
5/5
5/5

Oanda

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

XTB

XTB offers superior analytics with a rich set of tools available to all users, making them one of the leaders in this area.

Pros

  1. In-depth analytics, including forecasts from experts and news.
  2. A wide range of analysis tools, including an economic calendar and trading schedules.
  3. Analytics available to all users, not only company clients.

Education

BrokerOandaXTB
Rating
4.5/5
2/5

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.

XTB

XTB's educational materials are very limited.

Pros

  1. Basic trading information is provided.

Cons

  1. Lack of webinars and detailed video tutorials.
  2. Not suitable for beginners seeking comprehensive education.

Customer Support

BrokerOandaXTB
Rating
5/5
4/5
Email Support
  • frontdesk@oanda.com
  • moneytransfer@oanda.com
  • sales_int@xtb.com
Hotline Phones
  • +442031512050
  • +442071011600
  • +35725725356
  • +48222739976
Social Media

Oanda

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

XTB

XTB's technical support is generally good, available 24/5, but the absence of a constantly operating online chat is a drawback.

Pros

  1. Operates 24/5.
  2. Contact options include phone and email.
  3. Responses to inquiries are received within a reasonable timeframe.

Cons

  1. Online chat not always available.
  2. Only international phone number available for contact.
  3. Lack of messaging channels for communication.

Comparisons of Oanda and XTB 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.