Written by ForexBrokers.com
In this head to head comparison of OANDA vs Markets4you, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When choosing an online broker, understanding their history and trust level is crucial. OANDA, founded in 1996, and Markets4you, established in 2007, are both privately held companies that are not publicly traded and do not operate as banks. Despite these similarities, their regulatory credentials differ significantly. OANDA is distinguished by holding seven Tier-1 licenses, which are considered the pinnacle of trust and security. In contrast, Markets4you does not hold any Tier-1 licenses.
In terms of trust ratings, OANDA stands out with a Trust Score of 93 out of 99 according to ForexBrokers.com, marking it as a highly trusted broker. Conversely, Markets4you earns a score of 61, placing it in the high-risk category. This discrepancy in their Trust Scores suggests that OANDA is seen as a more secure choice for individuals seeking to engage in online trading.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Year Founded | 1996 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
OANDA and Markets4you offer distinct differences in terms of commissions and fees, with OANDA generally having higher costs but providing added benefits in execution and transparency. OANDA's spreads, which are the fees clients pay to trade, are comparable to brokers like FOREX.com and FxPro, but their lowest advertised spreads are slightly higher than these competitors, averaging 1.61 pips on the EUR/USD pair in July 2024. Despite being a non-discount broker, OANDA offers the advantage of automated execution and a transparent pricing strategy, publishing average spreads over multiple timeframes, enhancing pricing clarity for users.
For traders looking at core pricing, OANDA offers lower spreads, although it includes a per-side commission of $5 per $100,000 of currency. This setup often results in a slightly lower all-in cost than their commission-free pricing, at about 1.4 pips for the EUR/USD pair, factoring in the 0.4 pip spread and commission. Traders willing to meet a $10,000 minimum deposit can benefit from this pricing model. Also, users can trade as small as 1 unit in OANDA, an appealing option for micro traders. OANDA also extends rebates to active traders and other perks via its Elite Trader program.
On the other hand, direct comparison with Markets4you is challenging because average spread data is unavailable for this broker. Rated 3.5 out of 5 stars for commissions and fees, Markets4you is ranked #53 by ForexBrokers.com among 62 brokers, whereas OANDA, with a rating of 4 stars, is positioned at #34. OANDA's emphasis on transparency and the detailed cost structure makes it a preferred choice for traders who value clear, predictable pricing despite the higher costs.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.61 | N/A |
| All-in Cost EUR/USD - Active | 1.61 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing OANDA and Markets4you in terms of their available range of investments, both brokers offer forex trading as CFDs or spot contracts. OANDA stands out with an impressive 3,928 tradeable symbols, significantly more than the 150 symbols offered by Markets4you. Similarly, OANDA provides access to 68 forex pairs, surpassing the 43 pairs available through Markets4you. However, neither broker facilitates the direct purchase of exchange-traded securities on U.S. or international exchanges, as both focus more on CFDs and forex options.
Both brokers offer the ability to engage in copy trading, catering to traders who prefer to mirror the strategies of others. Additionally, OANDA allows the purchase of actual cryptocurrencies, a feature not available with Markets4you, although both platforms offer cryptocurrency derivatives. In terms of ratings, OANDA earns a solid 4 stars for its range of investments and ranks #27 out of 62 brokers, while Markets4you holds a slightly lower rating of 3.5 stars, placing it at #58. These distinctions underline OANDA's broader investment offerings and higher ranking among industry peers.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 3928 | 150 |
| Forex Pairs (Total) | 68 | 43 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When it comes to trading platforms and tools, both OANDA and Markets4you bring a lot to the table with several overlapping features. Both brokers provide users with the option to engage in simulated trading through free demo accounts, ensuring new users can practice without financial risk. Additionally, each offers proprietary trading platforms, along with the popular MetaTrader 4 and MetaTrader 5, making the experience suitable for newcomers and seasoned traders alike. Moreover, they both have Windows-based desktop platforms and web-based trading accessible through a browser, supporting diverse user preferences. For those interested in copy trading, both companies have made this feature available.
Despite these similarities, there are some differences worth noting. OANDA offers a staggering 431 drawing tools for charting compared to Markets4you's 15, giving users of OANDA a more flexible technical analysis experience. On the other hand, Markets4you provides slightly more customization for watch lists with seven fields, compared to OANDA's six. Both platforms allow for direct trading from stock charts, facilitating swift transaction execution. According to ForexBrokers.com, both brokers received four out of five stars for their trading platforms and tools. However, in terms of ranking among 62 brokers, OANDA stands at a commendable 15th, while Markets4you features further down the list at 52nd place.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 81 | 30 |
| Charting - Drawing Tools (Total) | 431 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of OANDA and Markets4you, both platforms offer applications for iPhone and Android devices, ensuring flexibility for users on the go. They provide stock and forex price alerts as well as the ability to create watchlists with real-time quotes. Furthermore, traders can utilize 30 technical studies for charting on both apps, along with drawing trendlines and viewing multiple time frames to suit their trading style. However, neither platform offers watchlist symbol syncing, which may be a drawback for those who favor seamless integration between mobile and online accounts.
Despite the similarities, OANDA edges out Markets4you by receiving a top-tier rating of five stars for its mobile trading app. It stands at an impressive rank of #7 out of 62 brokers as evaluated by ForexBrokers.com. In contrast, Markets4you gets four stars and is positioned much lower at #50 in the same category. For traders seeking a highly rated performance from their mobile trading app, OANDA emerges as the more attractive option.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
OANDA and Markets4you both provide valuable resources for traders looking to stay informed in the forex market. Both platforms offer daily market commentary and access to forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. They also provide technical analysis and fundamental research tools from Autochartist, plus each has an economic calendar that highlights upcoming global news events. However, while Markets4you includes research tools from Trading Central, OANDA stands out with a sentiment-based trading tool that shows a ratio of long or short positions across different currency pairs, giving traders a unique perspective in their decision-making process.
When it comes to ratings, OANDA receives impressive feedback with a 5-star rating for research, placing it at number 5 out of 62 brokers according to ForexBrokers.com. In contrast, Markets4you has a 3.5-star rating and ranks at number 47. While neither broker offers market research from TipRanks or Acuity Trading, OANDA’s comprehensive tools and higher ratings highlight its stronger position in providing insightful and actionable market research.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners through OANDA and Markets4you, OANDA stands out with its extensive offerings. Both platforms provide more than ten educational pieces focused on forex or CFDs, encompassing articles, videos, and archived webinars. However, OANDA takes it a step further by hosting at least one live educational webinar each month, a feature not available with Markets4you. Additionally, OANDA maintains an accessible archive of these recorded sessions, just like Markets4you. When it comes to beginner-friendly video content, OANDA excels with over ten videos targeting novices, whereas Markets4you falls short in this area.
OANDA not only supports beginners but also caters to advanced traders with more than ten specialized videos in their library, a service that Markets4you does not offer. For those seeking to understand trading terminology better, OANDA provides an investor dictionary with over 50 terms, a tool absent from the Markets4you platform. This comprehensive approach to education earns OANDA a 5-star rating compared to Markets4you’s 3.5 stars. According to ForexBrokers.com rankings, OANDA is placed at #22, ahead of Markets4you, which is ranked at #26, cementing OANDA's position as a more resourceful broker for educational purposes.
| Feature |
OANDA
|
Markets4you
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that OANDA is better than Markets4you. OANDA finished with an overall rank of #12, while Markets4you finished with an overall rank of #55.
A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.
| Feature |
OANDA
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Markets4you
|
|---|---|---|
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| Trust Score | 93 | 61 |
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OANDA provides the option to purchase both actual cryptocurrency and cryptocurrency derivatives, whereas Markets4you exclusively offers cryptocurrency derivatives without the ability to buy actual cryptocurrencies.
When comparing online brokers OANDA and Markets4you, OANDA stands out by offering more flexible deposit and withdrawal options, including ACH, SEPA, and PayPal, in addition to Skrill, Visa, Mastercard, and bank wires, whereas Markets4you provides options for Skrill, Visa, Mastercard, and bank wires but lacks support for ACH, SEPA, and PayPal transactions.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | OANDA | Markets4you | |
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| Trust Score | 93 | 61 | |
| Winner | check_circle | ||
| Review | OANDA Review |
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| Regulation | OANDA | Markets4you | |
|---|---|---|---|
| Trust Score | 93 | 61 | |
| Year Founded | 1996 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 0 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | OANDA | Markets4you | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | OANDA | Markets4you | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | OANDA | Markets4you | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 3928 | 150 | |
| Forex Pairs (Total) | 68 | 43 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | OANDA | Markets4you | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.61 | N/A | |
| All-in Cost EUR/USD - Active | 1.61 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | OANDA | Markets4you | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | OANDA | Markets4you | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | OANDA | Markets4you | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 81 | 30 | |
| Charting - Drawing Tools (Total) | 431 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | Markets4you | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | OANDA | Markets4you | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | Markets4you | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | OANDA | Markets4you | |
|---|---|---|---|
| GBP/USD | Yes | No | |
| USD/JPY | Yes | No | |
| EUR/USD | Yes | No | |
| USD/CHF | Yes | No | |
| USD/CAD | Yes | No | |
| NZD/USD | Yes | No | |
| AUD/USD | Yes | No | |
| Review | OANDA Review |
| Overall | OANDA | Markets4you | |
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| Trust Score | 93 | 61 | |
| Winner | check_circle | ||
| Review | OANDA Review |
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