Choose Exness if you want…
Active traders and scalpers prioritizing tight raw spreads and fast withdrawals; MENA traders in particular.
We compared Exness and OANDA across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. OANDA wins on more criteria (2 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Exness | OANDA | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.6 / 5 | ⭐ 4.6 / 5 | Tie |
| Regulators | CySEC, FCA, FSCA, FSA Seychelles | FCA, ASIC, CFTC/NFA, MAS, FSA Japan, IIROC | OANDA |
| Min. deposit | $10 | $0 (no minimum) | OANDA |
| Spreads from | 0.0 pips (Raw Spread / Zero account) | 0.6 pips (Standard) | Exness |
| Max. leverage | Up to 1:Unlimited (jurisdiction dependent) | Up to 1:30 (EU retail) / 1:50 (US) | — |
| Platforms | MT4, MT5, Exness Terminal (web), Exness Mobile | MT4, MT5, OANDA Trade (web + mobile), TradingView | Tie |
| Founded | 2008 | 1996 | — |
| HQ | Limassol, Cyprus | Toronto, Canada / New York, USA | — |
Active traders and scalpers prioritizing tight raw spreads and fast withdrawals; MENA traders in particular.
US-resident traders + serious EU/UK traders wanting institutional-grade regulation and a clean proprietary platform.
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), OANDA wins 2 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Exness holds licenses from: CySEC, FCA, FSCA, FSA Seychelles. OANDA holds licenses from: FCA, ASIC, CFTC/NFA, MAS, FSA Japan, IIROC. OANDA has more regulatory licenses, giving it broader geographic coverage.
Exness spreads start from 0.0 pips (Raw Spread / Zero account). OANDA spreads start from 0.6 pips (Standard). Actual spreads vary by account type and market conditions.
Exness: $10. OANDA: $0 (no minimum). OANDA has the lower entry barrier.