FxPro vs OANDA
Can't decide between FxPro and OANDA? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.
Last updated: May 10, 2026
Executive Summary
FxPro and OANDA are both well-established forex brokers, but they serve different types of traders. FxPro scores 94/100 in our TrustMetrics™ system, while OANDA leads with 96/100.
On pricing, FxPro offers tighter EUR/USD spreads (0.4 pips vs 1.2 pips). FxPro supports MT4, MT5, cTrader, FxPro Edge while OANDA offers OANDA Trade, MT4, TradingView, giving FxPro an edge in platform diversity.
For regulation, FxPro holds licenses from FCA, CySEC, FSCA, SCB while OANDA is regulated by CFTC, FCA, ASIC, CIRO. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
OANDA scores higher in our TrustMetrics system (96/100) compared to FxPro (94/100), making it the safer choice.
Lowest Spreads
FxPro offers better pricing with an average EUR/USD spread of 0.4 pips, beating the 1.2 pip average of its competitor.
Best for Beginners
With a lower minimum deposit requirement of $0, OANDA is the more accessible option for new traders.
Detailed Comparison
| Feature | FxPro | OANDA |
|---|---|---|
| Trust Score | 94/100 | 96/100 |
| Spreads From | 0.2 pips | 1.0 pips |
| Avg EUR/USD Spread | 0.4 pips | 1.2 pips |
| Commission | $4.50/lot | $0 |
| Execution Speed | 14ms | 30ms |
| Max Leverage | 1:200 | 1:50 |
| Minimum Deposit | $100 | $0 |
| Instruments | 2,100+ | 120+ |
| Account Types | Standard, Pro, Raw, Elite | Standard, Advanced Trader, Premium |
| Platforms | MT4, MT5, cTrader, FxPro Edge | OANDA Trade, MT4, TradingView |
| Top Regulators | FCA, CySEC, FSCA, SCB | CFTC, FCA, ASIC, CIRO |
| Withdrawal Speed | 1 business day | 1-3 business days |
| Inactivity Fee | $15 after 6 months, then $5/month | $10 per month (after 12 months) |
| Customer Support | 24/5 Live Chat, Email, Phone | 24/5 Live Chat, Email |
Which Broker Should You Choose?
FChoose FxPro if...
- ✓You prefer cTrader's advanced order management
- ✓You are a scalper or algorithmic trader
- ✓You value ndd execution and ctrader
OChoose OANDA if...
- ✓You want to start with a very low minimum deposit
- ✓You want to trade directly from TradingView charts
- ✓Maximum regulatory protection is your top priority
FxPro Pros & Cons
Pros
- ✓ Ultra-fast No Dealing Desk (NDD) execution averaging under 15ms
- ✓ Comprehensive platform suite including cTrader and FxPro Edge
- ✓ Strong regulatory backing and long-standing reputation
- ✓ Very competitive pricing on cTrader accounts
Cons
- × Account tiering means best spreads require higher deposits
- × Educational content is somewhat lacking compared to XM or IG
OANDA Pros & Cons
Pros
- ✓ Accepts US clients and is heavily regulated globally
- ✓ No minimum deposit requirement
- ✓ Native TradingView integration
- ✓ Advanced charting and elite market analysis
Cons
- × Smaller product catalog compared to IG or CMC Markets
- × Spreads on the standard account are relatively high
- × No MT5 platform
The Bottom Line: FxPro vs OANDA
- ✓ NDD Execution
- ✓ cTrader
- ✓ Professional Trading
- ✓ Fast Execution
- ✓ Tighter EUR/USD spreads (0.4 pips)
- ✓ US Traders
- ✓ API Trading
- ✓ No Minimum Deposit
- ✓ TradingView
- ✓ No minimum deposit
Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.
Frequently Asked Questions
Which is safer: FxPro or OANDA?
OANDA scores higher in our TrustMetrics system (96/100) compared to FxPro (94/100), making it the safer choice.
Who has lower spreads: FxPro or OANDA?
FxPro offers better pricing with an average EUR/USD spread of 0.4 pips, beating the 1.2 pip average of its competitor.
Which has a lower minimum deposit: FxPro or OANDA?
With a lower minimum deposit requirement of $0, OANDA is the more accessible option for new traders.
Related Articles
Best Forex Brokers for Scalping 2026 — Tested for Low Latency
Scalping requires ultra-low spreads and lightning-fast execution. We tested 14 brokers to find the absolute best options for high-frequency traders and scalpers in 2026.
Best High Leverage Forex Brokers 2026 — 1:500 to Unlimited
Looking for maximum buying power? We rank the best high-leverage forex brokers that offer up to 1:2000 and unlimited leverage while maintaining safety.
Best Low Spread Forex Brokers 2026 — Tested with Real Accounts
Tired of high trading costs? We tested 14 brokers to identify the ones with the lowest average spreads on EUR/USD, GBP/USD, and Gold (XAU/USD).
Best MetaTrader 5 (MT5) Brokers 2026 — Expert Picks
MetaTrader 5 is the future of online trading. We rank the best MT5 brokers based on execution speed, available assets, and platform reliability.