Oanda Vs. Trading 212 - Compare and Choose the Right One


Visit 74-89% of retail CFD accounts lose money.	Visit 74-89% 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.	Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.
Best For
Forex traders of all levels (from beginner to advanced)	Passive investors looking to buy stocks or ETFs with their investing account Traders of all levels of experience looking to trade CFDs on shares
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 1 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)	FCA (UK) CySec (Cyprus) FSC (Bulgaria)
The Good
High trustworthiness, regulated by the best regulators in the world Fast, simple and professional trading platforms Competitive spreads in their currency pairs	Broad asset offering in their investing account (more than 10,000 assets) Friendly, smooth and simple proprietary platforms (both web and mobile) Great spreads on stocks and no commissions on investing accounts
The Bad
Extremely limited offering of assets (104) No ability to purchase real stocks or cryptocurrencies, only CFDs	Despite both platforms being beautiful, they are gamified for engagement. Clicking on the buy button on mobile platform will trigger a random order without asking for confirmation Asides from stocks, their asset offering lacks variety Very high forex spreads (1.4 Pips on EUR/USD)
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	2004
💳 Minimum Deposit
$, €, £, - 0.	1 to 10 €, £
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Visa Mastercard Bank Transfer Paypal Neteller Skrill iDeal Apple Pay
💵 Account Base Currencies
9 - USD, EUR, GBP, SGD, CHF, JPY, AUD, CAD, HKD.	9 - USD, EUR, GBP, RON, PLN, CHF, SEK, NOK, CZK.
🗽 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, CA.
📊 STP Account
No	No
📊 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, commodities and indices.
📙 Stocks
N/A	10,000+ Real stocks / 1,526 CFDs
📘 Currency Pairs
68	179
📗 Commodities
13	25
📕 Indices
16	35
📔 ETFs
N/A	1,800 Real ETFs / 50 CFDs
💸 Cryptocurrencies
4	N/A
📒 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.	Trading 212 provides 2 different accounts: Stock investing where users can buy real stocks or ETFs and CFD accounts.
Trading Experience
📈 Minimum Stock Trade Size
N/A	Fractional Share trading - 0.1 Units of a share
📉 Minimum ETFs Trade Size
N/A	Fractional ETF trading - 0.1 Units of an ETF
📈 Minimum Crypto Trade Size
Varies by crypto (Eg: 0.01 BTC)	N/A
📉 Minimum FX Trade Size
1 unit of any currency pair (Eg: 1 Euro, 1 Usd, 1 GBP, etc)	$500
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold)	Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 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 1:30
💪 Professional Leverage
Up to 1:100	Up to 1:500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes (Investing Account)
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 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	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.	No
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips	Dynamic - From 1.4 Pips
📉 SP500
Dynamic - From 30 Pips	Dynamic - From 166 Pips
📈 GOLD
Dynamic - From 26 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
N/A	Dynamic - Dynamic - From $0.6
📈 XLK (ETF - CFD)
N/A	N/A
📉 BTC
Dynamic - From $100	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No