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


Visit 74-89% of retail CFD accounts lose money.	Visit 70% 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.	Markets.com is an international broker that offers share dealing and CFD trading accounts through their own proprietary platform or MT4 and MT5.
Best For
Forex traders of all levels (from beginner to advanced)	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
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 2 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) FCA (UK) ASIC (Australia) FSCA (South Africa)
The Good
High trustworthiness, regulated by the best regulators in the world Fast, simple and professional trading platforms Competitive spreads in their currency pairs	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
The Bad
Extremely limited offering of assets (104) No ability to purchase real stocks or cryptocurrencies, only CFDs	Minimum trade sizes larger than average Spreads above average
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	2008
💳 Minimum Deposit
$, €, £, - 0.	$, €, £ - 100
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Visa Mastercard Bank Transfer Neteller Paypal Skrill
💵 Account Base Currencies
9 - USD, EUR, GBP, SGD, CHF, JPY, AUD, CAD, HKD.	11 - USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CZK, CHF, AUD.
🗽 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, JP, CA, BE.
📊 STP Account
No	No
📊 DMA Account
No	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on currencies, commodities, cryptocurrencies, indices and bonds.	Real stocks and ETFs CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and bonds
📙 Stocks
N/A	2,008 CFDs / 7,008 Real Stocks
📘 Currency Pairs
68	67
📗 Commodities
13	28
📕 Indices
16	40
📔 ETFs
N/A	66
💸 Cryptocurrencies
4	25
📒 Bonds
6	4
📓 Options
N/A	NA
📗 Futures
N/A	NA
📝 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.	Markets.com also offers share dealing account with real stocks from 16 exchanges worldwide.
Trading Experience
📈 Minimum Stock Trade Size
N/A	1 Stock
📉 Minimum ETFs Trade Size
N/A	1 ETF
📈 Minimum Crypto Trade Size
Varies by crypto (Eg: 0.01 BTC)	Varies by Crypto (Eg: 0.01 BTC)
📉 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)	Varies by Commoditty (Eg: 1 Gold Contract)
📉 Minimum Bonds Trade Size
1 unit of any Bond contract	Varies by Bond (Eg: 10 GER10Y Bond contracts)
📈 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 1:100	Up to 1:300
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 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
Yes	Yes
💻 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	No
Fees
💰 Inactivity Fee
Yes, $10 after 1 year of inactivity	Yes, $10 each month after 3 months of inactivity
💰 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.	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)
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 30 Pips	Dynamic - From 100 Pips
📈 GOLD
Dynamic - From 26 Pips	Dynamic - From 50 Pips
📉 TSLA (Stock CFD)
N/A	Dynamic - From $1.81
📈 XLK (ETF - CFD)
N/A	Dynamic - From $0.31
📉 BTC
Dynamic - From $100	Dynamic - From $104.10
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No, but Investment Strategy Builder is offered
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No