Oanda vs worldtradex 2025: Are worldtradex Pro Trading Tools Worth It?

Standard trading accounts are what the majority of people will seek to use. However, traders can still choose their ideal brokers by the type of their spreads. The pros and cons between the two spreads can vary for every trader. In this case, worldtradex provides their pricing with Fixed spread while OANDA offers Fixed spread.

  • worldtradex offers a wide choice of trading platforms with high functionality, meeting the needs of different traders.
  • worldtradex is behind Trading Station, an early trading platform that gave traders direct access to the forex market.
  • A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner.
  • In terms of rankings and ratings, OANDA takes a slight lead, earning a five-star research rating from ForexBrokers.com and securing the fifth spot among 62 brokers in the research category.
  • We compare side by side the trading risk management features offered by worldtradex and Oanda below.

worldtradex is regulated by the UK’s FCA and offers a suite of automated and manual trading platforms. Market scanners, heat maps, live forex charts and rates are also offered. With no payment fees and interactive mobile trading, we’re happy recommending worldtradex to our readers. The trading platforms are password-protected with two factor authentication (2FA) available at the login stage on the MetaTrader terminals. Mobile apps are also secure to prevent hacks and the broker follows industry-standard data privacy regulations.

It says something to achieve this kind of multi-decade longevity in a field as tumultuous and risky as the forex marketplace. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. The Oanda broker’s analytical section offers many tools that help traders make informed decisions.

Tie: Lowest Spreads And Fees

While both OANDA and worldtradex offer top-of-the-line services and excellent charting tools, we found safety of funds Worldtradex review better at worldtradex, and appreciated their superior trade execution. Spread betting with worldtradex is available for UK residents and provides a tax-efficient way to trade. For more details on spread betting, you can check out this comprehensive guide for the best spread betting brokers. worldtradex’s in-house education is above average, primarily consisting of articles, videos, and content produced for its YouTube channel. The learning centre offers us two comprehensive guides and a vast library of nearly 200 articles covering topics such as trading tips, strategies, charting, and indicators.

Unlike worldtradex, Oanda does not keep its clients’ funds in segregated accounts, which is a concern. Oanda is also a market maker, as opposed to worldtradex which is an enhanced execution broker. 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). A notable difference between worldtradex and Oanda is that clients of worldtradex have segregated trading accounts while clients of Oanda do not. The FCA , by which worldtradex is regulated, requires worldtradex to ensure a clear segregation between money belonging to retail clients and money that belongs to itself. The funds are kept safe by top global banks and cannot be used to reimburse creditors in the unlikely case of worldtradex going bankrupt or insolvent.

  • From my perspective, worldtradex is the better option for UK Forex traders.
  • worldtradex won on this, but OANDA does have lower minimum deposits and inactivity fees, which allowed them to gain ground.
  • Its trading environment is built around stability and reliability, making it particularly attractive to traders who prioritize consistent execution and regulatory compliance.
  • All in all, we are more comfortable trading with worldtradex than Oanda.

Typical Spreads and Fees

The apps are available to download from the App Store or Google Play store. Leverage is a risky tool that should only be used alongside effective risk management strategies and with an eye on margin requirements. Leverage is a double-edged sword and can dramatically amplify your profits. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors. 50 units of the account’s base currency yearly after 1 year of inactivity. A PIP represents a unit of measurement that’s the smallest price move in the exchange rate of the currency you’re trading.

worldtradex’s Trading Station and the MT4 platform are available for use on mobile devices. The apps host many of the features available on the desktop terminals but with the added flexibility of investing on-the-go. For worldtradex, if you are looking for a regulated platform, you must choose between its UK, AU or South African operations. In these jurisdictions, it is regulated by the UK’s Financial Conduct Authority, the Australia Securities and Investment Commission and South Africa’s Financial Sector Conduct Authority.

However, Oanda does offer a wider variety of options than worldtradex in each of their categories. Today, the “clean up worldtradex’s reputation” project is going as well as can be expected, considering they are still not able to accept United States traders. They are now based out of London, UK (and thankfully well on the road to recovering their reputation as an online broker who can once again be trusted).

Opening An Account

We’ve compared more than 100 variables and features so you can see the pros and cons of worldtradex and Oanda side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.Scroll the whole post below, or use the quick menu to jump to the relevant section. Overall, customer surveys indicate worldtradex is more responsive to trader needs and more professional in how inquiries are handled. If you can overlook the somewhat scattershot organization of Oanda’s educational tools, overall you will find a comprehensive suite of resources from which to do your own research. Oanda’s mobile app for iOS/Apple is a hit with traders as the recent reviews will attest. Unfortunately, the same does not hold true for the Android version of the app.

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

Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of worldtradex or Oanda. worldtradex is ideal for traders who prioritize low spreads, advanced tools like TradingView, and social trading via ZuluTrade. Oanda is a great option for traders who value wide asset variety, superior market research, and MT5 support. The trading platform is essential as you can’t execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.

Sometimes you might have a more complex question requiring a specific part of the worldtradex or Oanda support team to answer satisfactorily. If you need a micro account check if worldtradex or Oanda offer micro trading accounts in your region. Knowing your trading and commission fees with worldtradex vs Oanda is extremely important. For the majority of the worldtradex 10,000 financial instruments and Oanda 4,000 available financial instruments . worldtradex offers a minimum deposit of 50 while Oanda have a 0 minimum deposit. Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts.

It offers traders the opportunity to participate in various markets including crypto CFDs, while Oanda’s investment options are quite limited to forex and crypto. Thanks to CFDs, users can start small, use leverage, go short and choose from Trading Station, MT4 or the broker’s API feature. This broker offers similar options for commodities trading and offers a range of crypto CFDs to choose from. worldtradex’s web platform features include news and an economic calendar so you can anticipate market data. It also provides education and research including popular trading tools.

Oanda also has a lengthy operating history with 25 years under its belt. Oanda is known for forex and CFD trading where it also offers access to cryptocurrencies like bitcoin and Ethereum. It offers a wide breadth of forex data services including an historical currency converter and a strong API feature. Between 74-89% of retail investor accounts lose money when trading CFDs.

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