Oanda vs EasyMarkets: Which Broker is Better for Czech Republic Traders in 2026?

For Czech traders, trading costs are a key differentiator. Oanda offers variable spreads starting from 0.8 pips on EUR/USD, which can be lower than EasyMarkets’ fixed spreads of around 1.2–1.5 pips on the same pair. However, Oanda charges a small commission on some account types, while EasyMarkets includes all costs in the spread. If you trade high volumes (e.g., 10+ lots per month), Oanda’s lower spreads can save significant costs. For smaller, occasional trades, EasyMarkets’ fixed spreads provide predictability, especially during Czech koruna (CZK) cross-pair trading or news events.

Oanda provides its proprietary platform, Oanda Trade, plus MetaTrader 4 (MT4) and TradingView integration, which Czech traders favor for advanced charting and automated trading. EasyMarkets offers its own web-based platform and MT4, but lacks MT5 or TradingView. For Czech traders who rely on custom indicators or Expert Advisors (EAs), Oanda’s MT4 and TradingView support is a clear advantage. EasyMarkets’ platform is simpler and includes a free guaranteed stop-loss, which is useful for risk-averse beginners.

Oanda uses No Dealing Desk (NDD) execution with no requotes, offering fast order fills even during high volatility. EasyMarkets uses market maker execution, which can lead to slippage but includes a free guaranteed stop-loss. For Czech traders trading major pairs like EUR/CZK or EUR/USD, Oanda’s execution is more reliable for scalping and day trading. EasyMarkets is better for traders who prioritize risk management over speed.

Oanda is regulated by top-tier authorities including the FCA (UK), ASIC (Australia), and CFTC (US), offering strong client fund protection. EasyMarkets is regulated by CySEC (Cyprus) and the FSA (Seychelles), which provides less stringent oversight. For Czech Republic traders, neither broker is supervised by the local financial regulator (CNB). However, Oanda’s FCA regulation gives it an edge in safety, as it adheres to strict capital requirements and negative balance protection. EasyMarkets’ CySEC license does offer some EU-level protections, but its offshore license carries higher risk.

Both brokers support the same local payment methods for Czech traders: Bank Transfer, Skrill, Neteller, and USDT TRC20. Oanda processes withdrawals via Skrill and Neteller within 24 hours, while bank transfers take 1–3 business days. EasyMarkets offers similar speed but also allows deposits via credit/debit cards. USDT TRC20 deposits are instant at both brokers, with no additional fees. Czech traders should note that Oanda does not charge deposit fees, while EasyMarkets may impose a small fee for certain withdrawal methods. Minimum deposits are $0 at Oanda and $100 at EasyMarkets, making Oanda more accessible for smaller accounts.

Both Oanda and EasyMarkets provide Islamic (swap-free) accounts for Czech Muslim traders. Oanda requires you to contact support to activate the account, after which no swap fees are charged on overnight positions. EasyMarkets offers Islamic accounts by default during registration, which is more convenient. Both accounts comply with Sharia law, meaning no interest is earned or paid. However, Oanda may restrict certain instruments on Islamic accounts, while EasyMarkets applies it to all forex and CFD products.

Oanda offers 24/5 multilingual support via live chat, email, and phone, with quick response times. EasyMarkets provides 24/5 support in English and limited local languages, plus a callback service. For Czech traders, Oanda’s faster live chat and comprehensive FAQ are more helpful. EasyMarkets’ support is adequate but slower during peak hours.