Oanda vs Titan FX Comparison

Oanda vs Titan FX Trading Broker Comparison
Oanda vs Titan FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
None
Minimum Deposit
MT4, MT5
Trading Platforms
800+
Markets To Trade
Oanda offers trading on MT4 and MT5 with a wide range of trading tools and allows styles such as scalping, news trading and automated trading
About
$200
Minimum Deposit
MT4, MT5
Trading Platforms
220+
Markets To Trade
Titan FX provides ECN infrastructure to support a wide range of trading including automated trading and offers a Cent account
About

Oanda vs Titan FX Comparison

This is a comparison of Oanda Global Markets Ltd based and regulated in the British Virgin Islands vs Titan FX in based and regulated in Vanuatu. Oanda has been established since 1996 and offers MT4 and MT5, with a wide range of trading tools for different types of trading. Titan FX uses ECN infrastructure for trading styles such as automated trading and scalping.

Quick comparison

Both brokers offer MT4 and MT5, while Oanda has no minimum deposit.

Minimum deposit and account features

There is no minimum deposit requirement for Oanda. The minimum deposit for Titan FX is $200.

  • Titan FX offers the Zero Standard account, the Zero Blade account and then Zero Micro. The Zero Standard account is designed for discretionary traders, the Zero Blade account for EA traders and the Zero Micro account is a Cent account for those who want to practice on a live account. Titan FX offers market analysis, Forex monthly commentary, economic news, Forex education and self improvement articles for a 'Forex Lifestyle'. Titan FX uses Equinix's NY4 Data Centre for fast order execution. Titan FX supports social and copy trading via Titan FX Social. Titan FX's Standard and Micro accounts do not charge commissions, the Blade account does charge commissions.
  • Oanda offers the following trading account types: Standard, Core, Swap-free, Premium and Premium Core. The Standard is described as suitable for all traders and has no minimum deposit requirement. The Core is described as suitable for EAs and scalpers. The Swap-free account is for traders who do not want to pay or receive interest on their account. All three of these accounts offer the Signal Center by Acuity. The Premium and Premium Core accounts are for high volume traders and require the trader to maintain a $20,000 minimum balance and trade more than $10 million notional or equivalent per month. These two accounts come with an Account Manager, Zero Deposit Fees (and reimburse bank fees), Free withdrawals, Priority support and a Free VPN.
  • The Standard account has spreads from 1.1, the Core account has spreads from 0.2 and the Swap-free account offers spreads from 1.6 pips. The Premium account has spreads from 0.8 and the Premium Core account has spreads from 0.2. The Core and Premium Core accounts charges commissions, the Standard, Premium and Swap-free accounts do not. At Oanda Global, verification documents are not needed for gross account deposits below $9000. Tools include MarketPulse, with a range of analysis and market news, technical analysis powered by AutoChartist, an Economic Calendar and MetaTrader plug-in tools. The minimum trade size is 0.01 lots.

Markets

  • Oanda offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 800+ available.
  • Titan FX offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 220+ available.

Cryptocurrency CFDs

  • Oanda offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Chainlink, Stellar, EOS, Polkadot, Dogecoin, Binance Coin, Tezos, Uniswap and Cardano CFDs.
  • Titan FX offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Chainlink, Stellar, EOS, Polkadot and Ripple CFDs.
Oanda vs Titan FX Summary Table
BrokerTrading PlatformsDescription
Oanda Global
Broker
MT4, MT5
Trading Platforms
Oanda offers MT4 and MT5 and provides a wide range of tool for different types of trading on these platforms and allows traders to deposit up to $9,000 without verification
Description
Titan FX
Broker
MT4, MT5
Trading Platforms
Titan FX provides trading via ECN infrastructure to support a wide range of styles including automated trading
Description

Leverage

Maximum leverage for Oanda (FSC regulated) is 888:1. Maximum leverage for Titan FX (VFSC regulated) is 1000:1.

Commissions

  • Oanda has a commission charge on its Core account of $4 per lot and $3.5 per lot on its Premium Core account.
  • Titan FX charges a commission of $0.035 per 0.01 lots (i.e. $3.50 per lot) per side (thus $0.07 per micro lot round trip) on the Blade ECN account. Titan FX says that it approximates the USD charges and has a monthly review of these approximations for other account currencies.

Online trading platforms

Oanda offers MT4 and MT5. Titan FX offers MT4 and MT5.

Foundation

Oanda was founded in 1996. Titan FX was founded in 2014.

Payment methods

Both brokers support Bank Transfer and Credit/Debit Cards. Oanda additionally supports Skrill and Neteller. Titan FX additionally supports American Express, bitwallet and STICPAY.

Why Oanda or Titan FX ?

Traders who want to trade on MT4 or MT5 can try either broker. Traders who want to trade a wide range of Cryptos with leverage up to 100:1 (increasing leverage increases risk) may do so at Titan FX. Traders who want to deposit up to $9,000 without needing verification documents, may do so at Oanda Global.

Comparison summary

  • Both provide CFD trading
  • Each offers MT4 and MT5
  • Titan FX offers Crypto CFD trading with leverage up to 100:1
  • Titan FX provides a Cent account
  • Oanda Global lets traders deposit up to $9,000 without verification