I used to use Oanda for 3 years before I switched to IG. There is a long story behind, but moving forward, I am quite pleased with IG so far.
I did some rudimentary comparison, compiled for my own convenience and your reference.
I have not tried other brokers yet, so I will just comment on these 2 brokers.
Let me know what you think.
Conclusion:
IG is preferred over Oanda because:
- There are more products available.
- IG fees are lower.
- IG does not have withdrawal fees.
- Both trading platforms are smooth.
- IG has local staffs to assist.
IG
Overall Pros
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Oanda | ||||
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Fees (Screenshots from websites) | |||||
and others |
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Web Trading Platform | |||||
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Available products |
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Available, local staffs | Available, overseas staffs | ||||
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https://www.ig.com/sg/news-and-trade-ideas | https://www.oanda.com/forex-trading/analysis/ | ||||