Oanda Vs. AAATrade - Compare and Choose the Right One

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.

AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.

• Forex traders of all levels (from beginner to advanced)

• Beginner traders looking for a simple web and mobile platform to get started
• Passive investors looking for real equity

• CFTC (U.S)
• NFA (U.S)
• ASIC (Australia)
• FCA (UK)
• MAS (Singapore)
• IIROC (Canada)
• FFAJ (Japan)
• BVI (British Virgin Islands)

• CySec (Cyprus)

• High trustworthiness, regulated by the best regulators in the world
• Fast, simple and professional trading platforms
• Competitive spreads in their currency pairs

• Simple and friendly proprietary trading platform
• Intuitive overview of account analytics
• Wide variety of CFDs and real equities

• Extremely limited offering of assets (104)
• No ability to purchase real stocks or cryptocurrencies, only CFDs

• Above-average FX spreads
• High fees (depending on the deposit / withdrawal methods)
• High deposit requirements for advanced services ($25,000 , $100,000)

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

• 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.

• Visa
• Mastercard
• Bank Transfer
• Paypal

• Credit Card
• Debit Card
• Wire Transfer
• Skrill
• Neteller
• FasaPay
• UnionPay
• Giropay
• QIWI
• Cryptocurrencies

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.

US, AS, AI, BB, FJ, GU, PW, PA, WS, SC, TT, VU, AL, BS, BW, KH, GH, JM, MU, MM, NI, PK, UG, SY, YE, ZW, IR, KR, AF, IQ, MN.

$10 after 1 year of inactivity.

€15 after 3 months of inactivity.

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.

From 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.

Wire transfers have a €10 fee.

• No commissions on novice accounts.
• Commission free trading for stock ETFs on Experienced accounts
• FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.