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24option vs Oanda

24option was founded in 2010 and initially specialised in binary options trading. However, this is no longer offered in Europe. Instead, since 2018 24option has focused entirely on trading Forex and CFDs. The broker is based in Cyprus and is regulated by the Cypriot financial supervisory authority CySec. Oanda is a global forex broker and one of the oldest in the market, headquartered in London and supervised by the UK financial regulator FCA, but also has offices in Singapore, Tokyo, Toronto, Chicago and Zurich. You can trade forex or CFDs on indices, commodities or bonds at Oanda either through its own trading platform fxTrade or with MetaTrader 4.

Broker 24option Oanda XM
  • Headquarters
Cyprus New York Cyprus
  • Spanish
  • MM/STP Broker
  • ECN Broker
  • Founded
2010 1996 2009
  • Regulated By CySEC
  • Regulated By NFA
  • Regulated By FCA
  • Regulated By ASIC
  • Minimum Deposit
$ 250 $1 $5
  • Maximum Leverage
1:400 1:100 1:500
  • Minimum Trade
0.01 Lots 0.00001 Lots 0.01 Lots
  • Commission
  • Deposit Fee
  • Withdrawal Fee
  • Fixed Spreads
  • Variable Spreads
  • EUR/USD Spread (Variable)
3.00 1.10 0.50
View all spreads View all spreads View all spreads
  • Demo Account
  • Micro Account
  • Zero Spread Account
  • Islamic Account
  • Deposit Bonus
  • No Deposit Bonus
  • Currency Pairs
40 71 57
  • CFDs
139 52 356
  • Cryptocurrencies
  • Stocks
  • Indices
  • Energies
  • Metals
View Instruments View Instruments View Instruments
  • MetaTrader 4
  • MetaTrader 5
  • Mobile App
  • iOS
  • Android
  • Web Platform
  • cTrader
  • NinjaTrader
  • Mirror Trader
  • ZuluTrade
  • Social Trading
  • Signals
  • Scalping
  • Hedging
  • VPS
  • Expert Advisor
  • PayPal
  • Neteller
  • Skrill
  • Payoneer
  • Credit Card
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