Oanda vs EasyMarkets: Taiwan Trader Comparison 2026
Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Taiwan Traders
For Taiwan traders exploring forex brokers, Oanda and EasyMarkets represent two distinct approaches to online trading. Oanda, with a score of 3.6/5, is a well-established broker known for its advanced trading tools, tight spreads, and strong regulatory oversight from authorities like the FCA and ASIC. EasyMarkets, scoring 3.4/5, offers a more beginner-friendly experience with fixed spreads, guaranteed stop-loss orders, and a simplified platform. Both brokers accept Taiwan residents and support local deposit methods such as Bank Transfer and Credit Card, making them accessible for TWD-based traders. However, they cater to different trader profiles: Oanda is ideal for experienced retail traders who want low costs and flexibility, while EasyMarkets appeals to those seeking predictability and ease of use. This comparison will help you decide which broker aligns with your trading style and goals in the Taiwan market.
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 Taiwan traders, Oanda generally offers lower variable spreads, starting from 0.6 pips on EUR/USD, which can significantly reduce costs for high-volume traders. EasyMarkets uses fixed spreads averaging 1.2 pips on the same pair, providing cost certainty but higher per-trade expenses. Oanda also has no commission on standard accounts, while EasyMarkets includes spreads only. For Taiwan traders who trade frequently or in large sizes, Oanda’s lower spreads can lead to substantial savings over time. However, EasyMarkets’ fixed spreads protect against widening during volatile news events, which may appeal to risk-averse traders.
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 - Taiwan Traders
| Entity / Asset | Oanda | EasyMarkets |
|---|---|---|
| Taiwan (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 popular MT4 platform along with its proprietary web and mobile platforms, offering advanced charting, custom indicators, and automated trading via Expert Advisors. This suits experienced Taiwan traders who need powerful analysis tools. EasyMarkets offers a proprietary web-based platform and mobile app that are intuitive and beginner-friendly, with features like deal cancellation and guaranteed stop-loss. For Taiwan traders who prioritize simplicity and risk management over advanced functionality, EasyMarkets’ platform is more accessible. Both brokers support multi-device access, but Oanda’s platform ecosystem is more comprehensive for professional use.
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, especially on major forex pairs. EasyMarkets is a market maker with fixed spreads, which can lead to requotes during volatile periods but also guarantees execution at the quoted price. For Taiwan traders who prioritize speed and transparency, Oanda’s execution is superior. EasyMarkets’ model suits those who value price certainty over speed.
Regulation & Safety for Taiwan 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 client protection and negative balance protection. EasyMarkets is regulated by CySEC (Cyprus) and ASIC, with additional oversight from the FSA (Seychelles). While neither broker is directly regulated by the FSC Taiwan, both operate under internationally recognized licenses that offer a level of security. For Taiwan traders, Oanda’s stricter regulatory framework may offer greater peace of mind, especially regarding fund segregation and dispute resolution. EasyMarkets’ CySEC regulation also provides investor compensation up to €20,000 under EU rules.
Deposits & Withdrawals for Taiwan
| 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) |
Taiwan traders can fund their accounts at both Oanda and EasyMarkets using Bank Transfer and Credit Card, both supporting TWD deposits. Oanda has no minimum deposit, making it very accessible, while EasyMarkets requires a minimum of around $100 USD equivalent. Bank Transfers may take 1-3 business days, while Credit Card deposits are instant. Withdrawals are processed similarly: Oanda offers free withdrawals via Bank Transfer (subject to bank fees), and EasyMarkets charges a small fee for wire transfers. For Taiwan traders, using a local TWD bank account for transfers can reduce currency conversion costs. Both brokers also support e-wallets like Skrill and Neteller, but Bank Transfer and Credit Card remain the most popular local options.
Islamic Accounts - Swap-Free for Taiwan 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 |
EasyMarkets explicitly offers Islamic (swap-free) accounts for Taiwan Muslim traders, allowing them to trade without earning or paying overnight interest (swap fees). This is a straightforward process that can be requested upon account opening. Oanda, however, does not advertise Islamic accounts as a standard offering; traders who need swap-free trading must contact customer support to inquire about possible exemptions, which are not guaranteed. For Taiwan traders requiring Sharia-compliant trading, EasyMarkets is the more reliable and transparent choice.
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 provides 24/5 customer support via phone, email, and live chat, with multilingual agents including Mandarin Chinese support for Taiwan traders. EasyMarkets offers 24/5 live chat and email support, with phone support during business hours. Both brokers have comprehensive FAQ sections and educational resources. Oanda’s Mandarin support is a clear advantage for Taiwan traders who prefer communicating in Chinese, while EasyMarkets’ support is responsive but primarily in English.
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? - Taiwan Guide
Choose Oanda if you...
- Are an experienced trader needing advanced charting and automated trading via MT4.
- Trade high volumes and benefit from tight variable spreads.
- Prefer a broker with top-tier regulation (FCA, ASIC) for added security.
- Want to deposit with no minimum and use TWD Bank Transfers.
Choose EasyMarkets if you...
- Are a beginner or casual trader who wants a simple, intuitive platform.
- Prefer fixed spreads and guaranteed stop-loss for predictable costs.
- Need an Islamic (swap-free) account option.
- Value risk management features like deal cancellation.
FAQ - Oanda vs EasyMarkets in Taiwan
Final Verdict - Taiwan 2026
For Taiwan traders, the choice between Oanda and EasyMarkets depends on your experience and priorities. Oanda (score 3.6/5) is the better option for experienced retail traders who want low spreads, advanced platforms, and strong regulation. It supports TWD deposits via Bank Transfer and Credit Card with no minimum, making it highly accessible. EasyMarkets (score 3.4/5) is ideal for beginners or those who prefer fixed costs and a simpler experience, especially if you need an Islamic account. While neither broker is regulated by the FSC Taiwan, Oanda’s tier-1 licenses offer greater reassurance. Overall, Oanda edges ahead for most Taiwan traders due to its cost efficiency and flexibility.