FxPro vs Oanda vs Admiral Markets - Fees Review included
| Feature | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
Overall |
4.6 |
4.4 |
4.7 |
5 |
5 |
5 |
|
3.9 |
4.5 |
4.8 |
|
4.6 |
3.5 |
4.7 |
|
Investment Instruments |
4.9 |
4.1 |
4.5 |
Platforms and Charting Tools |
4.2 |
4.8 |
4.6 |
Deposit and Withdrawal |
4.5 |
4.2 |
4.4 |
Research |
4.7 |
4.7 |
4.6 |
Education |
4.6 |
4.5 |
4.4 |
Support |
4.5 |
4.8 |
4.4 |
Bonuses |
2.5 |
4.6 |
3 |
|
|
|
|
FxPro vs Oanda vs Admiral Markets: Pros and Cons
The FxPro broker was registered in July 2006 in Cyprus. The company’s activities are licensed by financial regulators: CySEC (Cyprus), Bahamas SCB, FCA (UK), and South African FSCA. FxPro is successfully operating in more than 170 countries for retail and institutional clients. The broker has received more than 85 awards, including “Best Forex Trading Platform” and “Best Trading Platform”. FxPro has become known for providing the best trading tools. With FxPro broker, traders can trade more than 70 currency pairs, futures and stocks (Twitter, Apple, Google). The company has stock indices, metals and energy resources at its disposal. FxPro sets high safety standards with the client's funds being kept in large international banks. They are insured and separated from the broker's equity.
Olsen & Associates, also known as OANDA, is a US-registered company set up to offer a plethora of financial services to clients around the world. Its history goes as far back as 1996, and it is now under regulation in four jurisdictions. The broker has licenses from different regulators, of which the United Kingdom Financial Conduct Authority (FCA) is the major one.
The Admiral Markets broker company commenced operations in 2001. The broker’s activities are registered and licensed by the Australian Securities and Investments Commission (ASIC). Admiral Markets now operates in more than 40 countries with a cash cycle of up to USD 40 billion. The broker holds a lifetime license issued by the Federal Financial Markets Service. It is also regulated by the Financial Conduct Authority (FCA). Access to the FX+Project as one of their specific features. In 2002 Admiral Markets was awarded the “Forex 2012” (“Best of the Best”) by The New Europe Magazine.
| FxPro | Oanda | Admiral Markets | |
|---|---|---|---|
| Overall Pros | Regulated in EU and Great Britain | Regulated by a range of reputable financial bodies | Well-Regulated broker |
| Big choice of ECN/STP accounts | Real-time news and fundamental analysis tools | 3400+ trading instruments | |
| insurance of client funds | localized and multilingual phone support | Low trading and non trading fees | |
| Strong research and education | User-friendly platform for new forex traders | Invest account for stock and ETF trading | |
| PAMM and Copy-trading for investors | Outstanding research tools | 6 free stock trades per day | |
| Personal offers for VIP-clients | Financial information publicly available | Fee discounts for big volume trading | |
| High educational value through written content and videos | Any strategy is allowed | ||
| Orders get executed with no requotes | Free VPS | ||
| Deposit minimum as low as $1 | Direct stock trading, Over 4500 stocks and ETFs | ||
| Overall Cons | High spreads and fees | No programs offering bonus | No forex bonuses |
| No forex bonuses | Slow withdrawal of funds |
FxPro vs Oanda vs Admiral Markets: Safety and Regulation
| Regulated By: | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Tier-1 |
Investor protection |
€20,000 |
£85,000 SGD 75,000 $500,000 |
£85,000 SGD 75,000 $500,000 |
FCA UK Regulation |
Yes |
Yes |
Yes |
FINRA (U.S) |
No |
No |
No |
BaFin (Germany) |
No |
No |
No |
ASIC (Australia) |
No |
Yes |
Yes |
CFTC (U.S) |
No |
Yes |
Yes |
MAS |
No |
Yes |
Yes |
FSCA SA |
Yes |
No |
No |
BVI FSC |
No |
Yes |
Yes |
VFSC |
No |
No |
No |
FSA (Seychelles) |
Yes |
No |
No |
FxPro vs Oanda vs Admiral Markets: Trading Conditions
| Trading Conditions | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
Minimum Deposit |
$100 |
No minimum deposit |
$1 |
Trading Platforms |
MT4, MT5, MultiTerminal |
MT4, OANDA, TradingView |
МТ4, MT5 |
Max Leverage (Futures) |
1:500 SCB regulation 1:30 (FCA, CySec regulation) |
1-50 |
1-500 |
Supported Markets |
Forex, CFDs on indices cryptocurrencies, stocks, energy commodities |
Forex, CFDs (not for all entetities): Forex, Indexes, Commodities, Metals, Bonds, Cryptocurrencies |
Forex, Stocks, ETFs, CFDs on indices, commodities, crypto, metals, stocks, bonds |
Trading assets |
3000+ |
120+ |
3500+ |
Trading Accounts |
FxPro MT4 Instant (with fixed spreads), FxPro MT4 Instant (with floating spreads), FxPro MT4 Market, FxPro MT5, FxPro cTrader, VIP-account |
Standard, Core, and Swap-free |
Trade.MT4, Trade.MT5, Invest.MT5, Zero.MT4, Zero.MT5 |
Base Account Currencies |
USD, EUR, PLN, GBP, AUD, CHF, JPY, ZAR |
USD, EUR, HKD, SGD |
EUR, USD, GBP, CHF, BGN, RUB, RON, PLN, HUF, HRK, CZK |
FxPro vs Oanda vs Admiral Markets: Fees
| Fee | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,9 |
0,1 |
0,1 |
Standard acc. spread EUR/USD, max pips |
1,7 |
0,5 |
0,5 |
ECN Commission |
3 |
3,5 |
3,5 |
ECN Spread EUR/USD |
0,2 |
0,15 |
0,15 |
Deposit fee, % |
No |
No |
No |
Withdrawal fee, % |
No |
No |
No |
Withdrawal fee, USD |
No |
0-15 |
0-15 |
Inactivity fee, $ |
15 |
No |
No |
FxPro vs Oanda vs Admiral Markets: Trading Assets
| Asset Name | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
Overall |
3000+ trading assets |
120+trading assets |
3500+ |
Forex |
Yes |
Yes |
Yes |
Stocks |
Yes (CFD) |
No |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
No |
Yes |
Bonds |
No |
No |
Yes (CFD) |
Mutual funds |
No |
No |
No |
Stock options |
No |
No |
No |
Futures Trading |
No |
No |
No |
Binary Options |
No |
No |
No |
FxPro or Oanda or Admiral Markets: Investment Programs
| Asset Name | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
Copy Trading |
Yes |
Yes |
Yes |
MAM/PAMM |
Yes |
No |
No |
Managed Accounts |
No |
No |
No |
Other |
No |
No |
No |
Trading Platforms: FxPro or Oanda or Admiral Markets
| FxPro | Oanda | Admiral Markets | |
|---|---|---|---|
MT4 |
Yes |
Yes |
Yes |
MT5 |
Yes |
Yes |
Yes |
cTrader |
No |
No |
No |
Appropriate platform |
FxPro |
Oanda |
Admirals, StereoTrader |
Others |
No |
No |
No |
|
|
|
|
FxPro vs Oanda vs Admiral Markets: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
Bank Wire |
Yes |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Yes |
Neteller |
Yes |
Yes |
Yes |
BTC |
No |
Yes |
Yes |
Wise |
No |
No |
No |
Payoneer |
No |
No |
No |
USDT |
No |
No |
No |
FxPro vs Oanda vs Admiral Markets: Research
| Research Type | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
News Feed |
Yes |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
Yes |
FxPro vs Oanda vs Admiral Markets: Education
| Education Type | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Yes |
Webinars |
Yes |
Yes |
Yes |
Articles |
Yes |
Yes |
Yes |
Videos |
Yes |
Yes |
Yes |
Cent account |
No |
Yes |
Yes |
FxPro vs Oanda vs Admiral Markets: Support
| Support Features | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
Working Days |
24/5 |
24/5 |
24/5 |
Yes |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Yes |
Online chat |
Yes |
Yes |
Yes |
Other |
No |
No |
FxPro vs Oanda vs Admiral Markets: Forex Bonuses and Promo
| Promo | FxPro | Oanda | Admiral Markets |
|---|---|---|---|
Forex Bonus |
Not offered |
Yes (Not for all countries) |
No |
Affiliate Program |
Up to $1.100 per client you introduce to FxPro |
Yes |
up to $600 per client |
Other Promos |
Rebates and commission markdowns |
||
|
|
|
|
Top 5 Reviews on FxPro
-
Comment
stocks trading with my MT bot, idk why but he is doing a lot better here.
-
Comment
FxPro offers negative balance protection, which can be crucial during periods of high volatility. Spreads on the EUR/USD pair remain within the range of 0.3–0.8 pips. Leverage is available up to 1:500. However, the starting conditions may not suit everyone: the minimum deposit is $100 or the equivalent in other currencies.
-
Comment
cTrader was a new platform. The user interface is complex and takes some time for adaptation. I was surprised how fast orders execute during trading sessions. It probably takes less than 0,01 sec.
-
Comment
I tested FxPro in both demo mode and on a real account with fixed spreads. I didn’t notice much difference in execution — orders open and close consistently. Commissions are no higher than the market average. However, due to the lack of localized analysis, I have to rely on external market sources.
-
Comment
Access to MT4, MT5, and cTrader platforms is a plus. It's convenient to choose between fixed and floating spreads, especially if your strategy requires stable conditions. The company’s capital exceeds €100 million, which inspires trust. However, the broker does not offer PAMM accounts or investment services, so it’s not suitable for passive income.
Top 5 Reviews on Oanda
-
Comment
I considered Oanda as a platform for portfolio diversification. What attracted me was its stability — the broker has been operating since 1996 and is regulated in four jurisdictions. Liquidity is provided by major banks, including JPMorgan and Deutsche Bank, which adds confidence in order execution without slippage.
-
Comment
The Oanda platform offers a solid range of instruments, including currency pairs, cryptocurrencies, metals, indices, and commodities. The minimum order size starts from 0.01 lots, and spreads for major pairs begin at 0 pips. These are favorable conditions for traders using intraday or scalping strategies.
-
Comment
When choosing a broker, I paid close attention to leverage. OANDA offers up to 1:200, which provides enough flexibility for active trading. You can trade on MetaTrader 4, 5, as well as the proprietary fxTrade platform. The stop-out level is fixed at 50%, which is in line with industry standards.
-
Comment
The conditions at OANDA are average, so I can give this broker a decent rating.
-
Comment
I can describe OANDA as one of the most proper brokers on the currency market. It works quickly, there are no failures, and no market movements have a significant impact on it. I'm safe here.
Top 5 Reviews on Admiral Markets
-
Comment
Admirals offers a decent risk management system. For most assets, spreads range from 0.1 to 0.4, and execution is Market Execution. Trading is available via WebTrader and mobile app. Support responds within 24 hours. The only downside is a withdrawal fee, but it is fixed with no hidden charges.
-
Comment
You can open an Invest account with as little as $1, but it's not suitable for active trading. For CFD trading, the broker offers access through the MetaTrader platform — with over 5,000 instruments, including bonds and stock indices. The stop-out level is 50% for retail clients. Even during high market volatility, the platform remained stable, and orders were executed without delays.
-
Comment
I was interested in the social trading feature—Admiral Markets offers its own Copy Trading system where you can replicate trades from other traders. The subscription fee is charged only when you make a profit. The MQL5 Community program is also available via MT4/MT5. I tested both— the interface is user-friendly, and the performance stats are displayed accurately.
-
Comment
Leverage conditions vary depending on the regulator — under the FCA, the maximum is 1:30, while with ASIC or CySEC, it can go up to 1:500 if you qualify as a professional trader. This is something to keep in mind when choosing a jurisdiction. Spreads start from 0.2 pips on major pairs, and order execution is stable. On the plus side, the broker is licensed by the FCA, CySEC, ASIC, and JCS. Verification was quick — my documents were reviewed within two days.
-
Comment
I was looking for a reliable broker with excellent service and support and found it in Admirals. There were some difficulties when passing verification due to problems with my passport, but the support was attentive and helped solve all the problems. Now I trade with Admirals and receive a stable income, feeling calm and confident.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.