OANDA has been around since 1996 and is well-regulated, but retail leverage tops out at 1:20 to 1:30 on most entities, and there are no crypto deposit rails.
$3 per side commission, $10 minimum deposit, 1:500 leverage and crypto deposits in BTC, ETH and USDT. Withdrawals are typically processed in under 20 minutes.
LHFX vs OANDA at a glance.
| Feature | LHFX | OANDA |
|---|---|---|
| Commission | $3 per side | $5 per side (Core Pricing) |
| Minimum Deposit | $10 | $0 (no minimum) |
| Spreads | From 0.0 pips | From 0.0 pips (Core), 0.6 pips (Standard) |
| Leverage | Up to 1:500 | 1:20 to 1:50 retail across US, UK, EU and AU. 1:100 to 1:200 on BVI entity |
| Platforms | MT5 | OANDA Trade, MT4, TradingView, web, mobile |
| Instruments | 144 (41 forex pairs) | 120+ (68 forex pairs, indices, metals, bonds, 4 crypto CFDs) |
| Execution | STP/ECN | Market maker on Standard, agency-style on Core |
| Regulation | FSC Mauritius (GB23202204), FSCA South Africa (FSP 52816) | CFTC/NFA 0325821, FCA 542574, ASIC 412981, MAS, IIROC, BVI FSC SIBA/L/20/1130 |
| Crypto Deposits and Withdrawals | Yes, BTC, ETH, USDT and others | Not supported |
| Islamic Account | Yes, swap-free with holding fee after grace period | Not publicly offered |
The areas where LHFX offers a clear advantage over OANDA.
$3 per side at LHFX versus $5 per side on OANDA Core Pricing. Across 100 lots a month that is a $400 difference, and OANDA's Standard account builds the cost into 0.6 pip spreads instead.
OANDA caps retail leverage at 1:20 in the UK and EU, 1:30 in Australia and 1:50 in the US. LHFX clients outside those regions can use up to 1:500 on majors.
Fund and withdraw in BTC, ETH, USDT and other coins at LHFX. OANDA does not accept crypto deposits and only offers a handful of crypto CFDs for trading.
LHFX auto-payouts are typically processed in under 20 minutes. OANDA bank wires and card withdrawals typically take one to three business days depending on the destination.
Swap-free trading is available on all LHFX accounts on request. OANDA does not openly market an Islamic option across its main entities.
OANDA has genuine strengths. Here is where they come out ahead.
OANDA has run currency operations since 1996 and pioneered the online retail FX model. LHFX launched the current LHFX brand more recently.
OANDA holds CFTC and NFA in the US, FCA in the UK, ASIC in Australia, MAS in Singapore, IIROC in Canada and JFSA in Japan. LHFX holds FSC Mauritius and FSCA South Africa.
OANDA's Standard account has no required minimum, so you can start with any amount. LHFX requires a $10 minimum to open.
OANDA built one of the first direct TradingView broker integrations and ships a long-running proprietary web and desktop platform. LHFX runs MetaTrader 5 only.
Moving from OANDA to LHFX takes minutes, not days.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. $3 per side commission. 1:500 leverage. Withdrawals typically under 20 minutes. Crypto deposits supported.