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

worldtradex followed shortly after, as they were founded just three years after Oanda – in 1999. worldtradex and Oanda offer low deposits and access to a selection of market insights and news resources. Demo trading accounts are a big plus for worldtradex and Oanda as it shows they are interested in their customers. The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market.

Can you trade cryptocurrency with OANDA or worldtradex?

The first model is a ‘spread only’ account where traders pay just the spread and no commission. worldtradex and Oanda offer daily market commentaries and frequent webinars to assist and educate their traders. Both brokers also have really good client support systems in place.

IC Markets Regulation

But worldtradex has far more in the category of share CFD trading at 219 to OANDAs 0. We found it surprising that OANDA doesn’t have shares trading with CFDs, not just because most forex brokers offer this, but because OANDA is such a major global broker. A market maker facilitates the process required to provide liquidity for trading pairs on centralised exchanges.

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

worldtradex Vs Oanda Email Support

Sometimes you might have a more complex question requiring a specific part of the worldtradex or Oanda support team to answer satisfactorily. Straight Through Processing or STP is where a requested client’s trade orders are sent directly to the markets. STP is a Worldtradex scam non-dealing desk trading method aimed mainly at Forex traders.

With no payment fees and interactive mobile trading, we’re happy recommending worldtradex to our readers. The trading platforms are password-protected with two factor authentication (2FA) available at the login stage on the MetaTrader terminals. Mobile apps are also secure to prevent hacks and the broker follows industry-standard data privacy regulations. Find out all you need to know about day trading with Forex Capital Markets (worldtradex). This review offers a comprehensive insight into every aspect of the broker, from forex spreads and leverage to trading platforms and asset lists.

How to Open a Demo Account in Exness: Step-by-Step Guide

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager. Your location or residence will have an impact on your potential worldtradex and Oanda fees, of course. Make sure you do your research and check the commission and fees with both worldtradex and Oanda before you invest anything. Explore the differences between worldtradex and Oanda to identify the best broker for your Forex trading needs.

No, Oanda generally has higher trading costs, with an average EUR/USD spread of 1.61 pips, compared to 0.78 pips at worldtradex. 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.

• Interestingly, our tests captured OANDA as having lower minimum spreads and lower average minimum spreads as well.
• Interestingly, worldtradex is ranked higher at #14 for education by ForexBrokers.com compared to OANDA’s rank at #22 out of 62 brokers.
• If you use Microsoft Windows tablets or phones, you must also check if worldtradex and Oanda have trading apps compatible with your device.
• If you’re itching to start trading, we can assist you in making a well-informed decision when comparing worldtradex and Oanda.

Unfortunately, at the moment, Oanda only has its proprietary platform and MT4. Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both worldtradex and Oanda, and it’s not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares.

Oanda stands out for its wide variety of tradeable assets and global reputation, offering access to over 3,900 financial instruments, including Forex, stocks, commodities, and cryptocurrencies. worldtradex, on the other hand, has a smaller range with around 440 instruments but is especially recognized for its advanced trading tools and algorithmic trading support. Ultimately, both brokers offer strong regulatory oversight and robust trading environments. We recommend opening demo accounts with both worldtradex and Oanda to experience their platforms firsthand, compare fee structures, and evaluate customer support before making your final decision. worldtradex is particularly recommended for advanced traders due to its wide variety of platform options, offering a broader selection such as MT4, Zulutrade, NinjaTrader, and a custom platform.

For smaller trades, OANDA allows clients to trade as little as 1 unit or 0.001 micro lot. It also has an Elite Trader program with rebates and other perks for high-volume traders. OANDA is rated 4 out of 5 stars and is ranked #34 in the Commissions and Fees category by ForexBrokers.com. worldtradex is a globally recognized broker with decades of experience in the forex market.

• worldtradex provides news updates on markets like forex and cryptocurrencies as well as market data and other forex and CFD resources plus investment insights.
• Trading costs for OANDA vs worldtradex are very similar, Spread based Standard account offer almost the same spreads.
• This broker offers trading in major forex pairs as well as forex baskets across the U.S. dollar, Japanese yen and emerging markets.
• But then again, Oanda requires an initial minimum of just $50 to fund a live trading account, while worldtradex requires a $300 minimum to fund the same.
• We compare side by side the trading risk management features offered by worldtradex and Oanda below.

When choosing a broker like worldtradex or Oanda for trading, it’s important to ensure your money is held in a segregated bank account. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with worldtradex or Oanda. worldtradex allows traders to trade up to 10,000 financial instruments while Oanda have around 4,000 on their trading platform. Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the worldtradex platform or Oanda that they are regulated.

When comparing worldtradex and Oanda, both brokers offer competitive advantages in their respective areas. worldtradex has an edge in offering multiple account types, while Oanda excels in transparent pricing and a wider range of trading instruments. Ultimately, the choice between worldtradex and Oanda will depend on each trader’s individual needs and preferences. Both brokers are reputable and well-regulated, providing a secure trading environment. It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.