# OANDA vs EdgeTrader

The clearest difference is monetization model: EdgeTrader at free against OANDA's free with in-app purchases. EdgeTrader also leads on rating (5.0 vs 4.7) and update cadence (every 4 days vs every 11 days). OANDA's advantage is ratings volume (24K vs 1) and iOS requirement (15.0 vs 17.0). On price, ads, in-app purchases and device support there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

EdgeTrader holds the better App Store score, 5.0 against 4.7. That said, the two scores are not equally well evidenced: OANDA has 24K ratings behind it against 1, so its average is the more settled of the two.

OANDA ships an update every 11 days, EdgeTrader every 4 days. The most recent releases landed on October 31, 2026 and October 24, 2026 respectively.

## The numbers

| Metric | OANDA | EdgeTrader |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.7 (24K ratings)](https://appshunter.io/ios/app/oanda-forex-trading/id370922777/reviews) | **[5.0 (1 ratings)](https://appshunter.io/ios/app/edgetrader/id6469512678/reviews)** |
| Number of ratings | **24K** | 1 |
| Positive reviews | 64.1% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 11 days | **Every 4 days** |
| Monetization | Free with in-app purchases | **Free** |
| Size | 172 MB | 28 MB |
| Requires iOS | **15.0** | 17.0 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPad |
| Age rating | 4+ | 17+ |
| Developer | [OANDA Corporation](https://appshunter.io/developer/326884238) | [IT CORNER LTD](https://appshunter.io/developer/1712092559) |

## What reviewers say

### OANDA

[App page](https://appshunter.io/ios/app/oanda-forex-trading/id370922777)

Trade major and minor forex pairs on the go with instant quotes and free charting. Customize your platform for real-time notifications, risk management, and profitability monitoring. Stay updated with market news and analysis from a regulated global broker.

**Highlights:** Trade major and minor forex pairs, Instant quotes and free charting, Real-time notifications and risk management, Over 50 technical tools, Market signals and global newsfeeds, Fast order execution

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 🚀 Easy to use
- 👍 User-friendly interface
- 🚀 Smooth execution
- 🚀 Convenient mobile trading
- 👍 Great charting features

**What reviewers complain about**

- 🐛 Frequent crashes
- 🐛 Unreliable price alerts
- 🐛 Slow app performance
- 🐛 Inconsistent login issues
- 🐛 Withdrawal difficulties

**Reported bugs**

- Freezing on login screen
- Incorrect price data displayed
- Disappearing trade history
- Incompatibility with newer iOS versions
- Unreliable push notifications

**Requested features**

- Add price alert functionality
- Improve chart customization options
- Implement a dark mode theme
- Streamline withdrawal process
- Enhance portfolio tracking and reporting


### EdgeTrader

[App page](https://appshunter.io/ios/app/edgetrader/id6469512678)

Trade financial instruments with real-time quotes, advanced charting tools, and technical indicators. Perform demo trades or connect to a broker for live trading. Stay updated with financial news and communicate with other traders.

**Highlights:** Real-time financial instrument quotes, Advanced charting with technical indicators, Demo and live trading capabilities, Full set of trade orders, Financial news updates, Secure trader chats

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is OANDA free?

OANDA is free to download, with no in-app purchases.

### Is EdgeTrader free?

EdgeTrader is free to download, with no in-app purchases.

### Which has better reviews, OANDA or EdgeTrader?

EdgeTrader is rated higher. OANDA averages 4.7 out of 5 from 24K ratings, while EdgeTrader averages 5.0 from 1 ratings.

### Do OANDA or EdgeTrader have ads?

Neither OANDA nor EdgeTrader shows ads.

### Which is updated more often, OANDA or EdgeTrader?

OANDA ships an update every 11 days, and EdgeTrader every 4 days. Most recently, OANDA was updated on October 31, 2026 and EdgeTrader on October 24, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*