Markets.com
Visit

70% of retail CFD accounts lose money

Vs.

Oanda
Visit

74-89% of retail CFD accounts lose money

Markets.com Vs. Oanda - Compare and Choose the Right One

Updated Nov 25 2021

Visit

70% of retail CFD accounts lose money

Visit

74-89% of retail CFD accounts lose money

Overview

Markets.com is an international broker that offers share dealing and CFD trading accounts through their own proprietary platform or MT4 and MT5.

Oanda is an international Forex broker founded in 1996 with headquarters in the United States. Oanda specialises exclusively in currency trading solutions for all trader levels. Their greatest selling points are their strong regulatory framework and robust proprietary platforms.

Best For
  • Passive investors looking for share dealing services with the intent to hold shares over long perios of time
  • High volume CFD traders looking for exposure to several markets using their platform, MT4 or MT5
  • Forex traders of all levels (from beginner to advanced)
Trust

TTBTrust

6.5

Provided by TheTradingBible.com ®

Learn More

TTBTrust

9.7

Provided by TheTradingBible.com ®

Learn More
The Good
  • Clear separation between investors and Traders by offering share dealing accounts and CFD trading accounts
  • Wide range of platforms (Proprietary, MT4, MT5)
  • Wide range of stocks and stock CFDs
  • High trustworthiness, regulated by the best regulators in the world
  • Fast, simple and professional trading platforms
  • Competitive spreads in their currency pairs
The Bad
  • Minimum trade sizes larger than average
  • Spreads above average
  • Extremely limited offering of assets (104)
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 day 1 day minimum (may take longer)
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

*There is no document verification needed for gross account deposits below US$9,000.

🏛 Financial Regulators
Cyprus Securities and Exchange Commission
Financial Conduct Authority
Australian Securities and Investments Commission
Financial Sector Conduct Authority
Financial Conduct Authority
Australian Securities and Investments Commission
Monetary Authority of Singapore
Investment Industry Regulatory Organization of Canada
Financial Futures Association of Japan
📍 Year Founded
2008 1996
💳 Minimum Deposit
$, €, £ - 100 $, €, £, - 0.
💰 Payment Methods
Visa
Mastercard
Bank Transfer
Neteller
Paypal
Skrill
Visa
Mastercard
Bank Transfer
Paypal
💵 Account Base Currencies
11 - USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CZK, CHF, AUD. 9 - USD, EUR, GBP, SGD, CHF, JPY, AUD, CAD, HKD.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries
US, JP, CA, BE. AF, AL, BS, BB, BW, BF, BI, KH, KY, CF, TD, CD, CG, CU, ER, ET, GH, IR, IQ, JM, KP, LY, MU, MN, MA, MM, NI, NG, PK, PS, PA, SN, SL, SO, SS, SD, SY, TT, TN, UG, VU, YE, ZW.
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets
Stocks
Currencies
Cryptocurrencies
Commodities
ETFs
Indices
Bonds
CFDs
Currencies
Commodities
Indices
Cryptos
CFDs
📙 Stocks
7000 Stocks / 2008 Stock CFDs N/A
📘 Currency Pairs
67 68
📗 Commodities
28 13
📕 Indices
40 16
📔 ETFs
66 N/A
💸 Cryptocurrencies
25 4
📒 Bonds
4 6
📓 Options
NA N/A
📗 Futures
NA N/A
📝 Notes:
Markets.com also offers share dealing account with real stocks from 16 exchanges worldwide.

All Oanda's assets are CFDs. In the case of commodities, they only have 13, but each commodity has various trading pairs against several different currencies, eg: GOLD/EUR, GOLD/CHF, etc.

Trading Experience
📈 Minimum Stock Trade Size
1 Stock N/A
📉 Minimum ETFs Trade Size
1 ETF N/A
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC) Varies by crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 1 unit of any currency pair (Eg: 1 Euro, 1 Usd, 1 GBP, etc)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 1 Gold Contract) Varies by Commodity (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
Varies by Bond (Eg: 10 GER10Y Bond contracts) 1 unit of any Bond contract
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:300 Up to 1:100
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No - You can't log in through TradingView but their internal platform uses TradingView Charts No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
Yes, $10 each month after 3 months of inactivity Yes, $10 after 1 year of inactivity
💰 Deposit Fees
No No
💰 Withdrawal Fees
No

Credit and Debit cards are free, when it comes to Bank transfer depends on the account's base currency (eg: the first withdrawal costs $, €, £ 20 and any subsequent ones 35). In the case of SGD, there are no fees.

💰 Commissions
No comissions on CFDs. For share dealing, the first 3 months are commission free, then the structure is:
  • EU Shares = 0.1% (min €10)
  • UK Shares = 0.1% (min £8)
  • US Shares = 2c (min $15)
  • AU Shares = 0.1% (min A$10)

No, but they do charge currency conversion fees. If your account base currency is GBP and you trade the EUR/USD pair, you'll be paying a conversion fee.

Spreads
📈 EUR/USD
0.7 Pips Dynamic - From 0.8 Pips
📉 SP500
100 Pips Dynamic - From 30 Pips
📈 GOLD
50 Pips Dynamic - From 26 Pips
📉 TSLA (Stock CFD)
$1.81 N/A
📈 XLK (ETF - CFD)
$0.31 N/A
📉 BTC
$104.10 Dynamic - From $100
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No, but Investment Strategy Builder is offered No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.