Updated May 16 2022
Overview | |
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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. |
Blueberry Markets is a young Australian broker founded in 2015 offering CFDs on all the basic asset classes with competitive low spreads. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 7 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 day minimum (may take longer) | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. *There is no document verification needed for gross account deposits below US$9,000. |
All documents must be under the account holder's name. |
📍 Year Founded | |
1996 | 2015 |
💳 Minimum Deposit | |
$, €, £, - 0. | $, €, £ - 100 |
💰 Payment Methods | |
💵 Account Base Currencies | |
9 - USD, EUR, GBP, SGD, CHF, JPY, AUD, CAD, HKD. | 7 - USD, CAD, AUD, EUR, SGD, NZD, 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. | AF, AS, AZ, BS, BI, CF, CN, CD, CG, CY, ET, ER, GU, IR, IQ, JP, KP, XK, LB, LY, MM, MP, PS, PR, SL, SO, SS, SD, SY, TT, SH, TN, UM, US, VI, VE, VN (can be accepted when referred by a partner), EH, YE, ZW |
📊 STP Account | |
No | Yes |
📊 DMA Account | |
No | No |
📊 ECN Account | |
Yes | No | Assets |
📚 Available Assets | |
📙 Stocks | |
N/A | 250 |
📘 Currency Pairs | |
68 | 45 |
📗 Commodities | |
13 | 5 |
📕 Indices | |
16 | 11 |
📔 ETFs | |
N/A | N/A |
💸 Cryptocurrencies | |
4 | 5 |
📒 Bonds | |
6 | N/A |
📓 Options | |
N/A | N/A |
📗 Futures | |
N/A | N/A |
📝 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. |
All of Blueberry Markets assets are CFDs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
N/A | 1 share |
📉 Minimum ETFs Trade Size | |
N/A | N/A |
📈 Minimum Crypto Trade Size | |
Varies by crypto (Eg: 0.01 BTC) | 0.01 |
📉 Minimum FX Trade Size | |
1 unit of any currency pair (Eg: 1 Euro, 1 Usd, 1 GBP, etc) | $1,000 |
📈 Minimum Commodities Trade Size | |
Varies by Commodity (Eg: 1 Troy ounce of Gold) | $1,000 |
📉 Minimum Bonds Trade Size | |
1 unit of any Bond contract | N/A |
📈 Minimum Futures Trade Size | |
N/A | N/A |
📉 Minimum Options Trade Size | |
N/A | N/A |
💪 Retail Leverage | |
Up to 1:30 | Up to 1:500 |
💪 Professional Leverage | |
Up to 1:100 | N/A |
✍ Customisable Leverage | |
Yes | Yes |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | No |
📱 Android App | |
Yes | No |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | Yes |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
Yes | No |
📊 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 | No |
💰 Deposit Fees | |
No | No |
💰 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 |
💰 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. |
Yes, depending on account type:
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Spreads |
📈 EUR/USD | |
Dynamic - From 0.8 Pips | Dynamic - From 0.1 Pips to 1 Pip |
📉 SP500 | |
Dynamic - From 30 Pips | Dynamic - From 50 Pips |
📈 GOLD | |
Dynamic - From 26 Pips | Dynamic - From 10 Pips |
📉 TSLA (Stock CFD) | |
N/A | Dynamic- From 18c |
📈 XLK (ETF - CFD) | |
N/A | N/A |
📉 BTC | |
Dynamic - From $100 | Dynamic - From $12 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | No |
📜 Integrated Newsfeed | |
Yes | No |
📡 Reuters Feed | |
No | No |