Oanda vs EasyMarkets: Brazil Broker Comparison 2026
Which broker is better for Brazil traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Brazil Traders
Brazil's growing retail trading community is increasingly turning to global forex brokers like Oanda and EasyMarkets for access to international markets. Both brokers are well-regarded, but they cater to different trader profiles. Oanda, with a score of 3.6/5, is known for its advanced trading tools, extensive research, and low variable spreads, making it a favorite among experienced Brazilian traders. EasyMarkets, scoring 3.4/5, differentiates itself with fixed spreads, a free guaranteed stop-loss, and an easy-to-use platform that appeals to beginners and risk-averse traders. For Brazilian traders, key factors include local payment methods like PIX, Bank Transfer, and Credit Card, as well as regulatory clarity—both brokers operate under international licenses and accept BRL deposits. This comparison breaks down spreads, platforms, deposit options, and more to help you decide which broker aligns with your trading style and local needs in 2025.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $25 | Oanda |
When comparing trading costs for Brazilian traders, Oanda offers lower variable spreads on major pairs like EUR/USD (from 0.6 pips), which can significantly reduce costs for high-volume traders. EasyMarkets charges fixed spreads starting from 1.0 pip, providing cost predictability but potentially higher per-trade costs. Oanda also charges a small commission on certain account types, while EasyMarkets includes all costs in the spread. For Brazilian traders trading 10+ lots per month, Oanda's lower spreads can save thousands of BRL annually. However, EasyMarkets' fixed spreads protect against slippage during volatile events, which is valuable for traders who prefer stable costs.
Account Types Comparison
| Account Type | Oanda | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✗ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $25 |
Leverage Comparison - Brazil Traders
| Entity / Asset | Oanda | EasyMarkets |
|---|---|---|
| Brazil (offshore) | Up to 1:100 | Up to 1:2000 |
| Forex major pairs | 1:100 | 1:2000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Oanda |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Oanda |
| Crypto CFDs | ✗ | 20+ | Oanda |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | Oanda | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Oanda provides its proprietary platform alongside MetaTrader 4 (MT4) and TradingView, offering Brazilian traders flexibility and advanced charting tools. EasyMarkets offers a web-based platform and mobile app, designed for simplicity with built-in risk management features like dealCancellation and free guaranteed stop-loss. For Brazilian traders, Oanda's integration with TradingView is a major advantage for technical analysis, while EasyMarkets' platform is ideal for those new to forex who want a straightforward, no-fuss experience. Both platforms are available in Portuguese, and mobile apps support trading on the go.
Execution Quality - Speed & Slippage
| Factor | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Oanda |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✗ | Tie |
Oanda uses a no-dealing desk (NDD) model with straight-through processing (STP), ensuring fast execution with minimal slippage. EasyMarkets operates as a market maker, which can lead to requotes during volatile periods but offers guaranteed stop-loss orders. For Brazilian traders, Oanda's execution is better for scalping and high-frequency strategies, while EasyMarkets' execution suits traders who prioritize order certainty over speed.
Regulation & Safety for Brazil Traders
| Safety Factor | Oanda | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Oanda is regulated by top-tier authorities including the FCA (UK), ASIC (Australia), and CFTC (US), providing strong oversight and client fund segregation. EasyMarkets is regulated by CySEC (Cyprus), ASIC, and the FSA (Seychelles), offering a mix of European and offshore regulation. Neither broker is directly regulated by the CVM in Brazil, but they comply with local laws by accepting Brazilian clients and processing BRL transactions. For Brazilian traders, Oanda's FCA regulation offers higher investor protection (up to £85,000 compensation), while EasyMarkets' CySEC regulation provides similar EU-level safeguards. Both brokers must adhere to anti-money laundering rules, ensuring a secure trading environment.
Deposits & Withdrawals for Brazil
| Payment Method | Oanda | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 to 5 business days | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) |
Brazilian traders can fund their accounts at both Oanda and EasyMarkets using PIX, Bank Transfer (TED/DOC), and Credit Card (Visa/Mastercard). Oanda supports PIX with instant deposits and no fees, while Bank Transfers take 1-2 business days. EasyMarkets also accepts PIX and Credit Card deposits, with minimum deposits of $100 via Bank Transfer or Credit Card. Withdrawals are processed similarly: Oanda offers free withdrawals via Bank Transfer, while EasyMarkets charges a small fee for certain methods. Both brokers process withdrawal requests within 1-3 business days, but PIX withdrawals are typically faster. For Brazilian traders, PIX is the most convenient option, offering instant, low-cost transactions in BRL.
Islamic Accounts - Swap-Free for Brazil Muslims
| Islamic Account Feature | Oanda | EasyMarkets |
|---|---|---|
| Swap-free available | ✗ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both Oanda and EasyMarkets offer Islamic (swap-free) accounts for Brazilian Muslim traders who wish to trade without earning or paying interest. Oanda provides swap-free accounts upon request, but availability may vary by jurisdiction—Brazilian traders should confirm with support. EasyMarkets offers a straightforward swap-free account with no hidden fees, making it a more accessible option for Brazil's Muslim community. The accounts function identically to standard accounts but with no overnight rollover charges, allowing traders to hold positions for longer periods without interest costs.
Customer Support Comparison
| Support Feature | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Oanda |
Oanda offers 24/5 customer support via live chat, email, and phone, with Portuguese-speaking agents available during business hours. EasyMarkets provides 24/5 support via live chat, email, and phone, also with Portuguese support. Both brokers have extensive FAQ sections and educational resources in Portuguese. For Brazilian traders, Oanda's support is slightly more responsive, while EasyMarkets offers a dedicated account manager for higher-tier clients.
Mobile App Comparison
| Mobile Feature | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Oanda |
| Google Play rating | 4.3 stars | 4.2 stars | Oanda |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | Oanda |
Education & Research Tools
| Resource | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Oanda |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
Oanda
EasyMarkets
Who Should Use Which Broker? - Brazil Guide
Choose Oanda if you...
- Are an experienced trader seeking low variable spreads and advanced charting tools like TradingView.
- Trade high volumes (10+ lots per month) and want to minimize costs.
- Prefer a broker with FCA regulation for maximum fund protection.
- Need a wide range of currency pairs and research resources.
Choose EasyMarkets if you...
- Are a beginner or risk-averse trader who values fixed spreads and guaranteed stop-loss.
- Want a simple, user-friendly platform with built-in risk management tools.
- Prefer predictable trading costs and a swap-free Islamic account without hassle.
- Trade lower volumes and prioritize order certainty over execution speed.
FAQ - Oanda vs EasyMarkets in Brazil
Final Verdict - Brazil 2026
For Brazilian traders in 2025, the choice between Oanda and EasyMarkets depends on your trading style and priorities. Oanda (3.6/5) is the better option for active, experienced traders who want low spreads, advanced platforms like TradingView, and strong regulatory oversight from the FCA. It also supports PIX and Bank Transfer for easy BRL deposits. EasyMarkets (3.4/5) is ideal for beginners or those who value cost predictability and risk management features like fixed spreads and guaranteed stop-loss. Both brokers accept Brazilian clients, support local payment methods, and operate under international licenses, but Oanda edges ahead with superior research and lower costs for high-volume traders. Consider your volume, risk tolerance, and platform preferences to make the best choice.