Which broker is better for Israel traders in 2026? Expert analysis across 12 categories.
Choosing between Oanda and EasyMarkets is a critical decision for experienced retail traders in Israel. Both brokers are regulated by the Israel Securities Authority (ISA), ensuring compliance with local financial laws. Oanda, with a score of 3.6/5, is known for its advanced trading tools, competitive variable spreads, and strong global reputation. EasyMarkets, scoring 3.4/5, appeals to traders who prefer fixed spreads, a simpler platform, and built-in risk management tools like dealCancellation. For Israeli traders, local payment methods such as Bank Transfer and Credit Card are supported by both brokers, and deposits can be made in ILS. This comparison focuses on key factors like trading costs, regulation, platform usability, and deposit/withdrawal processes, all tailored to the Israeli trading environment. Whether you trade forex, indices, or commodities, understanding these differences will help you choose the broker that aligns with your trading style and local needs.
| 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 |
Oanda offers variable spreads that can be as low as 0.6 pips on major pairs like EUR/USD for high-volume Israeli traders, making it cost-effective for frequent trading. EasyMarkets provides fixed spreads averaging 1.2 pips on the same pair, with no slippage risk but higher per-trade costs. For Israel traders executing large volumes, Oanda’s tighter spreads reduce overall expenses, while EasyMarkets’ fixed rates offer predictability. Both brokers have no commission on standard forex trades, but Oanda’s variable model benefits active scalpers, whereas EasyMarkets suits traders who prefer stable costs.
| 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 |
| Entity / Asset | Oanda | EasyMarkets |
|---|---|---|
| Israel (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 |
| 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 |
| Platform | Oanda | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Oanda’s proprietary platform and MetaTrader 4 (MT4) provide advanced charting, customizable indicators, and automated trading capabilities, ideal for experienced Israeli traders. EasyMarkets offers its web-based platform and mobile app with a user-friendly interface, plus tools like dealCancellation and free guaranteed stop-loss orders. For Israeli traders who need flexibility and depth, Oanda’s MT4 integration is superior. EasyMarkets’ simplicity appeals to those who value ease of use and built-in risk controls.
| 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 variable spreads, offering fast execution with minimal slippage for Israeli traders. EasyMarkets employs a market maker model with fixed spreads, ensuring no slippage but potential requotes during volatile markets. For experienced Israeli traders, Oanda’s execution is more reliable for high-frequency trading, while EasyMarkets’ fixed spreads suit those who prioritize price certainty.
| Safety Factor | Oanda | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Oanda and EasyMarkets are regulated by the Israel Securities Authority (ISA), which enforces strict client fund segregation and transparency. Oanda holds an ISA license as a forex provider, ensuring compliance with Israeli financial laws. EasyMarkets also operates under ISA supervision, offering additional protection through the Israeli investor compensation fund. For Israel traders, this means both brokers meet high regulatory standards, but Oanda’s longer track record with the ISA may inspire more confidence.
| 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) |
Israeli traders can fund their accounts at both Oanda and EasyMarkets using Bank Transfer and Credit Card. Oanda supports ILS deposits via Bank Transfer with no fees, and the minimum deposit is $0 (or equivalent in ILS). EasyMarkets requires a minimum deposit of $100 and accepts Credit Card payments in ILS. Withdrawals are processed within 1-3 business days for both brokers, using the same methods. Oanda offers faster processing for Bank Transfers, while EasyMarkets provides instant Credit Card withdrawals. Both brokers do not charge deposit fees, making them cost-effective for Israeli traders.
| 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 |
EasyMarkets offers dedicated Islamic (swap-free) accounts for Muslim traders in Israel, eliminating overnight interest charges on forex and CFD positions. Oanda does not provide standard Islamic accounts, but Israeli traders can request a swap-free account on a case-by-case basis, though approval is not guaranteed. For Israeli traders who require a Sharia-compliant trading environment, EasyMarkets is the clear choice due to its guaranteed offering.
| 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 provides 24/5 customer support via live chat and email, with Hebrew language assistance available during business hours. EasyMarkets offers 24/5 support through live chat, phone, and email, also with Hebrew-speaking agents. Both brokers have responsive teams, but EasyMarkets’ phone support gives Israeli traders a direct line for urgent queries. Oanda’s extensive FAQ section in Hebrew helps resolve common issues quickly.
| 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 |
| Resource | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Oanda |
Choose Oanda if you...
Choose EasyMarkets if you...
For experienced Israeli traders, Oanda is the stronger choice due to its tighter spreads, advanced platforms, and ISA regulation. It suits active traders who prioritize low costs and flexibility. EasyMarkets appeals to those who prefer fixed spreads, risk management tools, and a straightforward experience, especially for Muslim traders needing Islamic accounts. Both brokers support local payment methods like Bank Transfer and Credit Card in ILS, ensuring convenience for Israeli clients. Ultimately, Oanda edges ahead for performance-focused traders, while EasyMarkets offers a safer, simpler alternative. Consider your trading style and local needs when deciding.