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Compare Forex Brokers Easy Forex And Oanda


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Subjective Ratings

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Easy Forex

Oanda

Charting: One star Charting Rating Two star Charting Rating
Execution: Five star Execution Rating Four star Execution Rating
Transaction costs (spreads): Three star Transaction Costs (spreads) Rating Four star Transaction Costs (spreads) Rating
User-friendliness: Four star User-friendliness Rating Three and Half star User-friendliness Rating
Platform Functionality: Three star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Four star Platform Reliability Rating Three star Platform Reliability Rating
Customer support: Four and Half star Customer Support Rating Three star Customer Support Rating
Rollover interest rates: Zero Rollover interest rates Rating Five star Rollover interest rates Rating
Withdrawal processing: Five star Withdrawal processing Rating Four and Half star Withdrawal processing Rating
Average rating: Three and Half star Average Rating Three and Half star Average Rating

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Business Details

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Easy Forex

Oanda

 
Registered Business Name: Easy Forex US Ltd. Oanda Corporation
Broker Headquarters: Limassol, Cyprus Toronto, Canada
Also has offices in: Chicago, Melbourne, Sydney, Manila, Tel Aviv Virtual offices in New York and Hong Kong
Regulated By: * ASIC AFSL (Australia);
* CySEC (Cyprus);
* CFTC & NFA (USA)
NFA (0325821)
FCM registered with CFTC
In business since year:   2002
Broker Capital as of 01-1970 $10,606,977 $170,799,434
Client Account Segregation: Basler Kantonalbank No
Collect Taxes on Earnings: No No
Prohibit clients from: Yes Yes
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Not loaded
MethodDeposit FeeWithdrawal Fee
Check (US clients) $0 $0
PayPal $0 $0
Wire Transfer $0 $0
Main liquidity providers: UBS, RBS (Royal Bank of Scotland) P Morgan Chase, Citibank, UBS, Deutsche Bank and Royal Bank of Canada

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Trading Details

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Easy Forex

Oanda

 
Browser platform: Easy-Forex® (proprietary) FXTrade (proprietary) - MAC compatible
Downloadable platform: No No
Mobile platform: Easy-Forex® (proprietary) FXTrade (proprietary) - MAC compatible
Phone dealing: Yes No
Order processing: Market Maker Market Maker
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
VIP Account 200:1* $10,000/unlimited $1,000,000/unlimited
Mini Account 200:1* $200/$499 $2,500/unlimited
Platinum Account 200:1* $500/$4,999 $50,000/unlimited
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Standard Account 50:1* No mininum or maximum requirem 1/10,000,000
Swap-free accounts       No swap-free accounts available
Tradeable Instruments: 21    39   
No Dealing Desk Execution: Yes (dealing desk available on request) Yes
Typical spread on EUR/USD: 3-7 pips, depending on account type 0.9 pips (0.00009)
Fixed spreads: Yes (except after-hours) No
Guaranteed stop losses? Yes No
Trailing Stops: None Server-side
OCO orders available: No Yes
If/then orders available:   Yes
Hedging capability: Yes No
Automated Trading: No No
Trading Hours: Sun. 20:00GMT - Fri. 21:00GMT (trading outside these times available but incurs higher spread costs)  
Timezone GMT User-defined
Scalping allowed: No Yes
Account currencies available: AUD, CAD, CHF, EUR, GBP, ILS, JPY, NOK, NZD, PLN, SGD, USD USD
Platform languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Polish, Russian, Spanish Chinese, English, German, Japanese, Spanish
Support languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Polish, Russian, Spanish English
Demo account: 15 days Unlimited
Live chat support: Yes (Monday-Friday 06:00am GMT until 4pm GMT) Yes
Interest on Margin: No Yes
Promotions & tournaments:   None

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