Oanda vs EasyMarkets: Complete Comparison for Pakistan Traders (2026)
Which broker is better for Pakistan traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Pakistan Traders
For Pakistan traders looking to enter the forex market, choosing between Oanda and EasyMarkets can be challenging. Both brokers are well-established globally and accept clients from Pakistan, offering local payment methods like JazzCash, Easypaisa, USDT TRC20, and Bank Transfer. Oanda, with a score of 3.6/5, is known for its advanced trading tools and tight spreads, while EasyMarkets (3.4/5) appeals to beginners with fixed spreads and guaranteed stop-loss. In Pakistan, where high leverage and Islamic accounts are in demand, both brokers cater to these needs. Oanda offers leverage up to 50:1, while EasyMarkets provides up to 400:1 for certain instruments. This comparison will help you decide based on your trading style, local payment preferences, and regulatory comfort with the SECP.
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 Pakistan traders, Oanda’s floating spreads start from 0.6 pips on EUR/USD, while EasyMarkets offers fixed spreads from 1.0 pips. For a Pakistan trader executing 10 standard lots per month, Oanda’s tighter spreads can save approximately $40-60 in spreads compared to EasyMarkets. However, EasyMarkets charges no commission on forex pairs, whereas Oanda has a small commission on certain account types. For scalpers in Pakistan, Oanda’s lower spreads are more cost-effective, but for traders who prefer predictable costs, EasyMarkets’ fixed spreads eliminate surprise slippage. Both brokers offer competitive swap rates, but Islamic accounts remove overnight charges.
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 - Pakistan Traders
| Entity / Asset | Oanda | EasyMarkets |
|---|---|---|
| Pakistan (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 the proprietary Oanda Trade platform and MetaTrader 4 (MT4), both popular among Pakistan traders for their advanced charting and automated trading capabilities. EasyMarkets offers its own web-based platform and MT4, but lacks MT5. For Pakistan traders, Oanda’s platform is more robust for technical analysis and algorithmic trading, while EasyMarkets’ platform is simpler and ideal for beginners. Both platforms are available in English and support mobile trading, which is crucial for traders in Pakistan who rely on smartphones. Oanda’s platform also includes advanced risk management tools like trailing stops.
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 No Dealing Desk (NDD) execution with market order fills, offering fast execution speeds of under 50ms on average. EasyMarkets also uses NDD execution but with fixed spreads, leading to slightly slower execution during volatile markets. For Pakistan traders, Oanda’s execution is better for scalping and high-frequency trading, while EasyMarkets’ execution is reliable for standard trades. Both brokers have no requotes, but Oanda’s execution is more consistent across all market conditions.
Regulation & Safety for Pakistan 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 (USA), providing strong investor protection. EasyMarkets is regulated by CySEC (Cyprus) and ASIC. For Pakistan traders, neither broker is directly regulated by the SECP, but they are allowed to operate as international brokers. Oanda’s FCA regulation offers compensation up to £85,000, while EasyMarkets’ CySEC regulation covers up to €20,000. This means Oanda provides a higher safety net for Pakistan traders. However, both brokers must comply with local laws, and traders should verify their status with the SECP for any updates on cross-border trading.
Deposits & Withdrawals for Pakistan
| 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) |
Pakistan traders can fund their accounts using JazzCash, Easypaisa, USDT TRC20, and Bank Transfer at both Oanda and EasyMarkets. Oanda accepts minimum deposits of $1 via USDT TRC20, making it accessible for small traders. EasyMarkets requires a minimum deposit of $100 via bank transfer or $50 via USDT. Withdrawals are processed within 1-3 business days for bank transfers and instantly for USDT TRC20. JazzCash and Easypaisa deposits are processed within minutes, but withdrawals to these methods may incur fees. Oanda supports PKR conversion through bank transfers, while EasyMarkets converts to USD automatically. USDT TRC20 is the most cost-effective method for both brokers, with low fees and fast processing.
Islamic Accounts - Swap-Free for Pakistan 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 accounts (swap-free) for Pakistan traders, in compliance with Sharia law. Oanda provides Islamic accounts upon request, with no swap charges on overnight positions for Muslim clients. EasyMarkets automatically applies swap-free conditions to all accounts from Pakistan, with no hidden fees. For Pakistan traders who trade frequently or hold positions overnight, Islamic accounts are essential to avoid interest-based charges. Oanda’s Islamic account is available on all account types, while EasyMarkets offers it on standard accounts. Both brokers ensure transparency, but EasyMarkets’ automatic application is more convenient.
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 English as the primary language. EasyMarkets provides 24/7 support via live chat, email, and phone, also in English. For Pakistan traders, both brokers have responsive support, but EasyMarkets’ 24/7 availability is advantageous for those trading outside standard hours. Oanda’s support team is known for technical expertise, while EasyMarkets focuses on account-related queries. Neither broker offers Urdu support, but response times are generally under 5 minutes for live chat.
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? - Pakistan Guide
Choose Oanda if you...
- Are a scalper or day trader needing tight spreads and fast execution
- Want access to advanced platforms like MT4 and Oanda Trade
- Prefer a broker with top-tier FCA regulation for extra security
- Have a small deposit (starting from $1) and use USDT TRC20 for funding
Choose EasyMarkets if you...
- Are a beginner trader who values fixed spreads and guaranteed stop-loss
- Need 24/7 customer support and automatic Islamic accounts
- Prefer a simple web-based platform without complex features
- Trade with higher leverage (up to 400:1) and use JazzCash or Easypaisa for deposits
FAQ - Oanda vs EasyMarkets in Pakistan
Final Verdict - Pakistan 2026
For Pakistan traders, Oanda (score 3.6/5) edges out EasyMarkets (3.4/5) due to tighter spreads, stronger regulation, and lower minimum deposits. However, EasyMarkets is a solid choice for beginners who prefer fixed costs and automatic Islamic accounts. Both brokers support local payment methods like JazzCash, Easypaisa, USDT TRC20, and Bank Transfer, making them accessible. If you are a high-volume trader seeking low costs and advanced tools, choose Oanda. If you are a new trader wanting simplicity and guaranteed protection, EasyMarkets is better. Always verify with the SECP for any regulatory updates on international trading.