Oanda vs EasyMarkets 2026: Which Broker is Best for Norway Traders?
Which broker is better for Norway traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Norway Traders
For Norway traders looking to trade forex and CFDs, choosing between Oanda and EasyMarkets is a common dilemma. Both brokers cater to retail traders and offer local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Oanda, with a score of 3.6/5, is known for its robust trading platforms and competitive spreads, making it a favorite among active traders. EasyMarkets, scoring 3.4/5, stands out with its fixed spreads and user-friendly tools, ideal for beginners. In Norway, where the local financial regulator oversees broker activities, both platforms ensure a secure trading environment. This comparison will help you decide which broker aligns with your trading style and local needs, from deposit methods to regulatory compliance.
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 Norway traders, Oanda offers variable spreads starting from 0.5 pips on EUR/USD, which can be lower for high-volume traders. EasyMarkets provides fixed spreads averaging 1.2 pips on the same pair, ensuring predictability. For traders dealing in NOK pairs, Oanda's spreads are typically tighter, reducing costs over many trades. However, EasyMarkets' fixed spreads eliminate surprises during volatile markets. Overall, Oanda is more cost-effective for frequent traders, while EasyMarkets suits those 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 - Norway Traders
| Entity / Asset | Oanda | EasyMarkets |
|---|---|---|
| Norway (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 and MetaTrader 4 (MT4), both optimized for desktop and mobile use. This gives Norway traders flexibility in charting and analysis. EasyMarkets offers its own web-based platform and mobile app, which are intuitive but less advanced. For Norway traders who need advanced tools like automated trading or custom indicators, Oanda is the better choice. EasyMarkets' platform is simpler, ideal for beginners or those who prioritize ease of use over complexity.
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 is known for its fast execution speeds with no requotes, making it ideal for scalpers and high-frequency traders. EasyMarkets uses a market execution model with guaranteed stop-losses, preventing slippage but potentially slower fills. For Norway traders who prioritize speed and precision, Oanda is superior. EasyMarkets' guaranteed stops are better for those who want to avoid gap risk.
Regulation & Safety for Norway Traders
| 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 top-tier authorities like the FCA and CySEC, ensuring high standards of client fund protection. For Norway traders, compliance with the local financial regulator means both brokers adhere to strict anti-money laundering and data protection rules. Oanda's longer history and multi-jurisdictional regulation provide additional trust, while EasyMarkets' transparency in fixed pricing is reassuring. Neither broker is directly regulated by the local financial regulator, but they operate legally under international licenses accepted in Norway.
Deposits & Withdrawals for Norway
| 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) |
Norway traders can fund their accounts at both Oanda and EasyMarkets using Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank Transfers are reliable but take 1-3 business days, while Skrill and Neteller offer instant deposits. USDT TRC20 provides a fast, low-cost alternative for crypto-savvy traders. Oanda does not charge deposit fees, and withdrawals via Skrill/Neteller are processed within 24 hours. EasyMarkets may apply a small fee for certain methods, and withdrawals can take up to 2 business days. For Norway traders, USDT TRC20 is a standout option for speed and low fees.
Islamic Accounts - Swap-Free for Norway 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 Norway Muslim traders, in compliance with Sharia law. Oanda requires traders to request the account via support, which is then approved within 24 hours. EasyMarkets provides Islamic accounts automatically upon registration. There are no additional fees, and positions held overnight incur no swap or interest charges. This makes both brokers accessible for Norway's Muslim community, with EasyMarkets offering a more streamlined process.
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 phone and email support, with a comprehensive FAQ section. EasyMarkets provides 24/7 live chat and phone support, which is more accessible for Norway traders in different time zones. Both support English, but EasyMarkets' round-the-clock availability gives it an edge for urgent queries.
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? - Norway Guide
Choose Oanda if you...
- Want lower variable spreads on major forex pairs like EUR/USD.
- Need advanced platforms like MT4 for automated trading.
- Prefer fast execution with no requotes for scalping.
- Value a broker with a longer track record and multi-regulatory oversight.
Choose EasyMarkets if you...
- Prefer fixed spreads for predictable trading costs.
- Are a beginner looking for a simple, user-friendly platform.
- Want guaranteed stop-losses to protect against slippage.
- Need 24/7 customer support for flexible assistance.
FAQ - Oanda vs EasyMarkets in Norway
Final Verdict - Norway 2026
For Norway traders, Oanda is the better overall choice due to its higher score (3.6 vs 3.4), lower spreads, and superior platform options. It excels for active traders who need fast execution and advanced tools. EasyMarkets is a solid alternative for beginners or those who prioritize cost certainty and guaranteed stops. Both support local payments like Bank Transfer, Skrill, Neteller, and USDT TRC20, and comply with the local financial regulator. If you trade frequently, choose Oanda; if you value simplicity and predictability, EasyMarkets is a good fit.