EFG Hermes ONE vs Oanda 2026: which is better?

We compared EFG Hermes ONE and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.

Key differences

Oanda holds 7 licences from strong regulators, against 0 for EFG Hermes ONE.
Oanda offers copy trading; EFG Hermes ONE does not.
Oanda offers MetaTrader 4, MetaTrader 5, which EFG Hermes ONE does not.

Comparison table

Comparison table	EFG Hermes ONE Broker	Oanda Broker
Licences	FRA	FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best
Minimum deposit	—	$0
Maximum leverage	—	1:888
Trading platforms	EFG Hermes ONE	MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App
Markets	Stocks	Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices
Demo account	—	✓ Yes
Copy trading	—	✓ Yes
Founded	—	1996
Headquarters	Egypt	—
	Read the review	Read the review

Data is for information only and may change; always check the official website before opening an account.

Add a third broker to the comparison

Choose Oanda if you

want more licences from strong regulators
want to copy other traders
use MetaTrader 4, MetaTrader 5

Full Oanda review

Frequently asked questions

Which is better, EFG Hermes ONE or Oanda?

We compared EFG Hermes ONE and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Oanda holds 7 licences from strong regulators, against 0 for EFG Hermes ONE. Oanda offers copy trading; EFG Hermes ONE does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are EFG Hermes ONE and Oanda regulated?

EFG Hermes ONE licences: FRA. Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG).

What is the minimum deposit at EFG Hermes ONE and Oanda?

EFG Hermes ONE: not available. Oanda: $0.

Do EFG Hermes ONE and Oanda offer an Islamic account?

EFG Hermes ONE: No. Oanda: No.