worldtradex is considered low-risk, with an overall Trust Score of 96 out of 100. We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice.

OANDA is known for its high trading costs, primarily due to its effective spreads. While not the most affordable option, it does offer automated execution across its account types. The company’s bid/ask spreads align with brokers like FOREX.com and FxPro, although OANDA’s minimum spread is slightly higher than those firms offering sub-pip spreads.

• OANDA’s broad regulation across multiple jurisdictions provides a high level of trust and security for its clients.
• OANDA was fined $20,000 by the NFA in 2021 and $500,000 by the CFTC for regulatory breaches in 2020.
• While OANDA’s regulatory standing benefits from a greater number of Tier-1 licenses, worldtradex’s higher Trust Score indicates slightly more trust from ForexBrokers.com.
• Our broker reviews are reader supported and we may receive payment when you click on a partner site.

Fees and Spreads

OANDA finished with an overall rank of #12, while worldtradex finished with an overall rank of #15. The worldtradex platform is best suited for more seasoned traders who have already developed a method that relies on a wide variety of add-ons and tools. worldtradex is a broker that caters to traders of all experience levels, including novices. OANDA provides investors with a website that is simple to use and gives a variety of trading opportunities. It contains useful information that may be of use to traders in advancing their careers. Customers may have access to the market on a scale not available from any other company because of their connections to prime brokers, technology suppliers, and tier-one banks.

worldtradex: Best For Experienced Traders

When comparing the range of investments available on OANDA and worldtradex, both brokers offer forex trading as either a CFD or spot contract, making them versatile platforms for forex enthusiasts. OANDA boasts a significantly larger selection, with 3,928 tradeable symbols and 68 forex pairs, compared to worldtradex’s 440 symbols and 43 forex pairs. worldtradex also supports MetaTrader 4 (MT4), one of the most widely used trading platforms in the forex industry.

Customers who are eligible for compensation will get up to £85,000 if the broker goes out of business. OANDA’s internal auditors conduct regular audits of the company’s financial records. Every year, PricewaterhouseCoopers performs an audit of the records, and the findings are subsequently sent to the relevant regulatory bodies. This is particularly significant https://worldtradex.pro/ since criminals on the internet may try to steal essential user information such as credit card numbers, verification papers, and users’ accounts.

OANDA Fees and Spreads

worldtradex and OANDA have carefully constructed trading costs – the Cost Score between the two is a tie with scores of 6 each. We elected to focus our comparison on the no-commission account since the is the most popular option retail traders are likely to use, which we assume our readers will be. worldtradex won on this, but OANDA does have lower minimum deposits and inactivity fees, which allowed them to gain ground. In Australia, worldtradex doesn’t have this type of account, but they do have such an account for their clients in the UK, and it’s called their active trader account. The British-headquartered broker has won multiple awards and operates in various jurisdictions, including the UK and Australia.

worldtradex is the overall winner based on its pricing, trading platforms, resources, and range of instruments offered. In addition, worldtradex also has a much higher trust score than OANDA, which means that more traders trust it as their connection to the financial markets. In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one.

What this boils down to is that worldtradex is more likely to have better effective spreads than Oanda. For example, a trader is more likely to have his orders executed at the specified/desired price or even at a better price (positive slippage). worldtradex and Oanda are two prominent forex brokers who have been in the online trading business for many years. Oanda’s first data feed went live in 1997, while worldtradex was founded shortly thereafter in 1999. Spread betting with worldtradex is available for UK residents and provides a tax-efficient way to trade. For more details on spread betting, you https://worldtradex.blog/ can check out this comprehensive guide for the best spread betting brokers.

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

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. Ultimately, the choice between worldtradex and OANDA depends on your specific trading needs, including the types of instruments you want to trade, your experience level, and your preferred platform. Both brokers provide excellent customer support and competitive fees, making either a solid option for forex traders.

However, the company now provides clients with access to a wide range of asset classes across many financial markets, including currencies, commodities, and energy. There are several helpful tutorials and committed support staff available for newcomers. Mobile trading, order execution with a single click, and trading based on real-time charts are some of the benefits available to customers.

Both worldtradex and OANDA offer excellent customer support and educational resources. While worldtradex may have a slight edge in terms of offering more varied educational tools, both brokers ensure that their clients have access to the help they need to succeed in the markets. Both worldtradex and OANDA offer a wide variety of platforms, including popular third-party options like MT4. worldtradex’s proprietary Trading Station and NinjaTrader provide sophisticated tools, while OANDA’s fxTrade and TradingView integration offer user-friendly interfaces and advanced charting. 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.

The latter is better for retail clients because the matching algorithm always displays the best bid and ask prices from a multitude of different liquidity providers). 74.74% of retail investor accounts lose money when trading CFDs with worldtradex. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. We know what that’s like….and that’s why we’re giving you the bottom line at the top of this page. While both OANDA and worldtradex offer top-of-the-line services and excellent charting tools, we found safety of funds better at worldtradex, and appreciated their superior trade execution.