Trying to figure out what is the best between Oanda and IG Markets?

Want to find the best platform between IG Markets and Oanda based on your needs?

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We have compared more then 100 variables and features for you to carefully compare these two brokers.

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Company’s information

OANDAIG
oanda best forex brokersig markets dma uk
Founded in19961974
Regulatedyesyes
Publicly Tradednoyes
Is a banknoyes
EU Clientsyesyes
NO ESMA Availableyesyes
US Clientsyesyes
Canada Clientsyesno
Website Languagesit - chi - de - en - es - fr - jp - pt - rudan - en - nor - ru - de - it - swi - es - fr - po - swe - ne - ro - jp - ar
Oanda ReviewIG Markets Review

Regulations and Licenses

OANDAIG
TIER 1
ASICyesyes
IIROCyesno
SFCnono
FSAyesyes
MASyesyes
FINMAnoyes
FCAyesyes
CFTCyesyes
MIFID-ESMAyesyes
TIER 2
CBRCnono
CYSECnono
ISAnono
FMAnoyes
CBRnono
FSBnoyes
SECnono
DFSAnoyes
TIER 3
FSC (British)nono
FSC (Mauritius)nono
OFFSHOREnono
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Spread and Fees

OANDAIG
EUR/USD Average Spread (Variable)1.30.6
USD/JPY Average Spread (Variable)1.30.7
GBP/USD Average Spread (Variable)1.70.9
USD/CHF Average Spread (Variable)1.51.5
EUR/USD Spread (Fixed)nono
USD/JPY Spread (Fixed)nono
GBP/USD Spread (Fixed)nono
USD/CHF Spread (Fixed)nono
Active Trader Program?yesyes
Fees
Depositnoyes
Withdrawnono
Overnight - Swapyesyes
Inactivitynoyes
Conversionyesyes
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Deposit and Withdrawal

OANDAIG
Minimum Deposit$0£250
Minimum Withdrawnoyes
Credit Cardyesyes
Bank Transferyesyes
PayPalyesyes
Netellernono
Skrillnono
Other Methods Availablenono
Deposit Waiting Time1-2 business daysinstant
Withdraw Waiting Time1-2 business days1 business day
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Account Types

OANDAIG
Demo Accountyesyes
Demo Expires? Yes or Nonono
Mini Accountyesyes
Micro Accountnono
Fixed Spread Accountnono
Variable Spread Accountyesyes
Zero Spread Accountnono
ECN Accountnono
Islamic Accountnono
Professional Traders Account - VIPyesyes
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Markets and Instruments

OANDAIG
Forex Spotyesyes
Forex CFDyesyes
Total Number Forex Pairs5590
Crypto (real)nono
Crypto CFDyesyes
Total Number of Crypto18
Commodities (real)nono
Commodities CFDyesyes
Total Number of Commodities3134
Stocks (real)nono
Stocks CFDnoyes
Total Number of Stocks012000
Indices (real)nono
Indices CFDyesyes
Total Number of Indices1637
ETFnoyes
Futuresnoyes
Optionsnoyes
Bondsyesyes
Interestes Ratesnoyes
IPOnoyes
Blendsnoyes
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Leverage – Execution – Platforms – Tools

OANDAIG
PLATFORMS
Proprietary Desktop Platformyesno
Proprietary Web Platformyesyes
MT4 Dekstopyesyes
MT4 Webnono
MT5 Desktopnono
MT5 Webnono
cTrader desktopnono
cTrader webnono
MAC Platformsnoyes
Mirror Tradernono
ZuluTradenono
Sirixnono
TRADING EXECUTIONS
Direct Market Access (DMA)yesyes
Straigh Through Processing (STP)noyes
Electronic Communication Network (ECN)nono
Market Makernono
Non Dealing Desk (NDD)noyes
LEVERAGE
EU clients30:130:1
NON-EU clients50:1200:1
US50:150:1
Canada50:1no
Australia100:1200:1
TRADING TECHNIQUES
Scalpingyesyes
Hedgingyesyes
Spread Bettingnoyes
Expert Advisor (EA)yesyes
Virtual Private Serveryesyes
SPECIAL TRADING CONDITIONS
MAMnono
PAMMnono
Social Tradingnoyes
Copy Tradingnoyes
TRADING TOOLS
One-Click Tradingyesyes
Signal Tradingnoyes
Price Alertsyesyes
Number Chart Indicators5122
Number Chart Drawing Tools3117
Trade directly from Chartyesyes
Watchlistyesyes
RISK MANAGEMENT
Stop Lossesyesyes
Take Profitsyesyes
Limit Ordersyesyes
Trailing Stopyesyes
Margin Callyesyes
MOBILE TRADING
Androidyesyes
iOSyesyes
Windowsyesno
Trading signals on Mobilenoyes
Smart Watch Appno?
Forexyesyes
CFDyesyes
Alertsyesyes
Chartings-Drawing Toolsyesyes
Watchlistyesyes
Mobile Available Languageen - chi - fr - de - jp - ko - ru - esen - fr - de - es - po
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Customer Support – Education – Research

OANDAIG
CUSTOMER SUPPORT
email supportyesyes
Phone Supportyesyes
Live Chatyesyes
Support Language Availableen - chi - de - es - jp - rudan - en - nor - ru - de - it - swi - es - fr - po - swe - ne - ro - jp - ar
EDUCATION
Education Centeryesyes
Webinarsyesyes
Platform Tutorial Videoyesyes
Video on Trading for Beginnersyesyes
Video on Trading for Expertsyesyes
Tutorial Guideyesyes
Glossaryyesyes
RESEARCH
News via Twitteryesyes
News via FaceBookyesyes
Daily Market Commentaryyesyes
Daily email with Trading Ideasnoyes
Professional Reportsnoyes
Analysis from Trading Central (Recognia)nono
Analysis from Delkos Researchnono
AutoChartistyesyes
Social Trading Features - Social Feedsnoyes
Traders Sentimentyesyes
Economic Calendaryesyes
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Brand Power

OANDAIG
WEBSITE TRAFFIC
SimilarWeb - Website ranking10.5158.985
SimilarWeb - Total Visits8.370.0009.340.000
Facebook66.508107.634
Twitter18.40025.000
Instagram562no
AWARDS WONOANDAIG
Highest Overall Client Satisfaction 2018 - Investment Trends, US Foreign Exchange ReportBest CFD Broker 2014 - Shares Awards
Best Retail FX Platform 2018 - FX Week, eFXBest Forex Trading Platform 2013 - UK Forex Awards
Best Mobile Platform/app 2018 - Investment Trends, US Foreign Exchange Report
Education Materials/Programs 2018 - Investment Trends, US Foreign Exchange Report
+ 32 awards
TRUSTPILOT UKTrustpilot OandaTrustpilot IG Markets
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