Oanda Vs. AAATrade - Compare and Choose the Right One


Visit 74-89% of retail CFD accounts lose money.	Visit 83.72% of retail CFD accounts lose money.
Overview
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.
Best For
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
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 7 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CFTC (U.S) NFA (U.S) ASIC (Australia) FCA (UK) MAS (Singapore) IIROC (Canada) FFAJ (Japan) BVI (British Virgin Islands)	CySec (Cyprus)
The Good
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
The Bad
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)
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 day minimum (may take longer)	1 Day
📋 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. *There is no document verification needed for gross account deposits below US$9,000.	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.
📍 Year Founded
1996	2013
💳 Minimum Deposit
$, €, £, - 0.	$500
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Credit Card Debit Card Wire Transfer Skrill Neteller FasaPay UnionPay Giropay QIWI Cryptocurrencies
💵 Account Base Currencies
9 - USD, EUR, GBP, SGD, CHF, JPY, AUD, CAD, HKD.	3 - USD, EUR, GBP.
🗽 Available to U.S Citizens
Yes	No
❌ Restricted Countries
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.
📊 STP Account
No	Yes
📊 DMA Account
No	Yes
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on currencies, commodities, cryptocurrencies, indices and bonds.	Real stocks and ETFs CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and futures.
📙 Stocks
N/A	1,000+
📘 Currency Pairs
68	80+
📗 Commodities
13	4
📕 Indices
16	12
📔 ETFs
N/A	5
💸 Cryptocurrencies
4	50+
📒 Bonds
6	4
📓 Options
N/A	N/A
📗 Futures
N/A	7
📝 Notes:
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.	Almost all assets are CFDs, except for 45 blue chip stocks
Trading Experience
📈 Minimum Stock Trade Size
N/A	1 Share
📉 Minimum ETFs Trade Size
N/A	1 ETF
📈 Minimum Crypto Trade Size
Varies by crypto (Eg: 0.01 BTC)	Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
1 unit of any currency pair (Eg: 1 Euro, 1 Usd, 1 GBP, etc)	$1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold)	$1,000 (0.01 lots)
📉 Minimum Bonds Trade Size
1 unit of any Bond contract	!00 Units
📈 Minimum Futures Trade Size
N/A	$1,000 (0.01 lots)
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
Up to 1:30	Up to 1:30
💪 Professional Leverage
Up to 1:100	Up to 1:200
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
Yes, $10 after 1 year of inactivity	Yes, €15 after 3 months of inactivity.
💰 Deposit Fees
No	Yes, from 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.
💰 Withdrawal Fees
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.	No for debit/credit card and e-payment. Wire transfer has a €10 fee.
💰 Commissions
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.	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.
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips	Dynamic - From 2 Pips
📉 SP500
Dynamic - From 30 Pips	Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 26 Pips	Dynamic - From 95 Pips
📉 TSLA (Stock CFD)
N/A	Dynamic - From $0.21
📈 XLK (ETF - CFD)
N/A	Dynamic - From $0.01
📉 BTC
Dynamic - From $100	Dynamic - From $511
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes (Partial)
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	Yes