Verithiathe honest score on any app
Updated July 2026 · real, multi-region App Store reviews
Head-to-head

OANDA vs MetaTrader 4

OANDA 4.7★ · Free to download 60
Winner MetaTrader 4
MetaTrader 4 4.8★ · Free to download 85

MetaTrader 4 is generally preferred for its reliability and comprehensive trading features, while OANDA is noted for its user-friendliness but suffers from significant technical issues and platform limitations.

Full reviews: OANDA · MetaTrader 4

MetaTrader 4 (MT4) is widely praised for its robust trading capabilities and reliability, making it a go-to for many traders. OANDA, while often described as user-friendly, faces numerous complaints regarding technical glitches, slow performance, and limited features, especially in charting and asset availability.

Head to head

Ease of Use tieR2R12R17R26
OANDA OANDA is frequently described as user-friendly, straightforward, and easy to use, making it suitable for beginners R2R12R17R26.
MetaTrader 4 MetaTrader 4 is also considered easy to use, with many users finding it simple, practical, and intuitive, even for those without extensive training .
Features and Functionality edge: MetaTrader 4R3R5R9R12
OANDA OANDA users appreciate its API connection for programmatic trading R5 and integration with platforms like TradingView R12. However, many find its charting features lacking R3, wish for more products like gold and silver R9, and desire widgets for price tickers . Some also complain about limited versatility, such as not being able to view multiple charts or control Fibonacci levels .
MetaTrader 4 MetaTrader 4 is lauded for its comprehensive trading features, suitable for both beginners and advanced traders . Users appreciate its clear charts and functionalities . However, some users wish for features available in MT5, like automatic calculation of take profit and stop loss R67, price alerts , and the ability to add custom EAs to charts . There's also a notable request for a 'Close All Trades' button .
Reliability and Performance edge: MetaTrader 4R1R7R10R13
OANDA OANDA suffers from significant reliability issues, including slow responsiveness R7, frequent crashes , and persistent login problems . Users report trades being canceled R10 or not closing due to widening spreads R1R22, and an inability to modify trades R13. There are also accusations of 'criminal slippage' R33 and issues with stop-loss orders being triggered incorrectly R36.
MetaTrader 4 MetaTrader 4 is generally considered reliable, with users stating it has 'never failed' them and is 'great with trading using this app. No compilations' . However, some users report the app getting laggy and disconnecting . Recent updates have also caused issues for some, making it difficult to use for scalping .
Customer Service and Support tieR23R36R43R44
OANDA OANDA's customer service receives mixed reviews. Some users praise it as superb R23 and '100% win' R44, while others report poor service, difficulty reaching agents, and being given the 'runaround' on technical issues R36R43.
MetaTrader 4 Reviews for MetaTrader 4 do not extensively discuss customer service, but one user suggests the app needs a tutorial , implying a potential gap in user guidance.
Value for Money (Free vs Paid) edge: MetaTrader 4R1R19R22R34
OANDA OANDA is free to download, but some users express frustration with hidden costs like wide spreads R1R22R34 and accusations of the platform trying to make users lose money R19. There are also complaints about issues with welcome bonuses R43.
MetaTrader 4 MetaTrader 4 is free to download and widely used, with many users reporting significant financial success through trading on the platform . There are no direct complaints about hidden costs or unfair practices related to its free nature.
Pick OANDA if

You prioritize a straightforward, easy-to-understand interface and value API connections for programmatic trading, despite potential technical frustrations R2R5R12.

Pick MetaTrader 4 if

You need a robust, reliable trading platform with comprehensive features and clear charts, and are willing to overlook some minor lag or the absence of a 'close all trades' button .

Evidence note: MetaTrader 4 has a significantly larger number of reviews, with a high proportion of positive but brief comments. OANDA's reviews, while fewer, offer more detailed feedback, both positive and negative.

Frequently asked

Is OANDA good for crypto trading?
OANDA has limited options for cryptocurrency trading, with users expressing frustration over many cryptocurrencies, like XRP, being blocked R4R53.
Does MetaTrader 4 have advanced features like MT5?
MetaTrader 4 lacks some advanced features found in MT5, such as automatic calculation of take profit and stop loss, leading some users to wish for an upgrade R67R69.
Are there issues with OANDA's trade execution?
Yes, OANDA users report issues with trade execution, including trades not closing due to widening spreads, an inability to modify stop losses, and 'criminal slippage' where orders are filled at worse prices than displayed R1R13R22R33.

What reviewers actually said

Built only from these 120 real reviews (foreign ones translated). Superscripts jump to the quote here. Apple has no per-review links, so [ref] opens that app's reviews on the App Store.

  1. [R2] OANDA 5/5 · US User Friendly: Very straight forward and easy to use platform
  2. [R12] OANDA 3/5 · US Easy and User Friendly: I have been using this platform since MT4 was shut down. It is simple, intuitive and you are able to connect to other platforms like trading view which makes my life much easier!
  3. [R17] OANDA 5/5 · US JM: Excellent and easy to execute it all transactions, I Love it
  4. [R26] OANDA 5/5 · US Yup: Pretty easy and simple
  5. [R3] OANDA 3/5 · US Oanda panda: Charts suck and need improvement for mobile
  6. [R5] OANDA 5/5 · US Love the platform: I use the API connection extensively to trade using programs I created. The connection is easy and works very well!
  7. [R9] OANDA 3/5 · US Gold: Where is gold xau/usd ? No commodity?no gold or silver! Also still waiting for minim 500 /1 leverage !
  8. [R1] OANDA 2/5 · US Must-watch trades: Need to watch for closing quotes due to widening spreads, as the trade may not close.
  9. [R7] OANDA 1/5 · US Technical issue with the OANDA App: The OANDA App has been changed somewhat in the past two months- it responds so slowly whenever I click a new section.
  10. [R10] OANDA 1/5 · US Needs improvement: Let me deposit money but it keeps canceling my trades
  11. [R13] OANDA 1/5 · US Wont allow me to modify my trade.: I was in a trade and wanted to move my stop loss to +1 but the app wouldnt allow it. So I had to close my trade early. Trash….
  12. [R23] OANDA 4/5 · US Exceptional: The app and customer service are superb.
  13. [R36] OANDA 3/5 · GB support gives the runaround: I reported a clear execution error where my stop-loss order was triggered at a price that was never reached on the market, a phantom wick. This is a clear platform error. I provided charts, timestamps, and all the data from other exchanges as proof. A support agent named Mark was assigned my ticket. For three weeks, he has been giving me the runaround. First, he sa
  14. [R43] OANDA 1/5 · US Scam: For welcome bonus they told me you met the requirements and it will be 250 for plan of double your benefit/ cover the losses after 60 days , but after 90 days when I lost 500$ in trade at least they payed me 100$, they are not honest and untreatable , be careful, I am going to find another broker, also their customer service is really pure and always tell you Sorry there aren't any agents a
  15. [R44] OANDA 5/5 · US Perfect platform: Easy to use. Customer service is 100% win!
  16. [R19] OANDA 1/5 · US They want you too loose money: You won’t be able to close your winning trades, either on app or mt4 until you hit a lose then you are forced to close a loosing trade. Garbage
  17. [R22] OANDA 1/5 · US Spread: I get spreads have to be included but 30 points of spread is crazy to me and it literally crosses over my TP and it won’t trigger that is just crazy they got to fix something
  18. [R34] OANDA 1/5 · US I hate the changes: I’ve been with OANDA since 2006 this new platform sucks and their spreads are even worse. I hate retail platforms that’s why I’m going back to my futures institutional platform.
  19. [R4] OANDA 1/5 · US To Many One Stars: Not giving money to an app “trading platform” that can’t seem to get their crypto trading together in. Pretty frustrating Trading View adds them as a top option. That’s dishonest If most crypto currencies are blocked like xrp!
  20. [R53] OANDA 5/5 · US Crypto: Easy to use App but very few options for currency pairs and cryptocurrency available for trading.
  21. [R67] MetaTrader 4 2/5 · US NEVER UPDATED: I usually don’t write reviews, but I’ve gotta do this, this app is soooo under managed, in evolving times of AI, you still have to manually calculate your take profit and stop loss, unlike MT5 where it’s actually very good, this app is purposefully under managed, and it’s slowly going into extinction because there are competitors even against the MT5, please meta team, can you make
  22. [R69] MetaTrader 4 3/5 · GB Forexbae: It’s time for upgrade to new futures like mt5 and Ctrader!!!
  23. [R33] OANDA 3/5 · GB CRIMINAL SLIPPAGE: I am experiencing issues with trade execution on this platform with slippage. It seems that every market order I place gets filled at a worse price than what was displayed on the screen when I hit the button. This isnt just a small pip difference during volatile moments it is a consistent pattern of substantial slippage on every single trade, even in stable markets, when I set a

Synthesized from 120 recent App Store reviews · updated July 2026 · View on the App Store