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. |
Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading. |
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 2 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 | 2004 |
💳 Minimum Deposit | |
$, €, £, - 0. | 1 to 10 €, £ |
💰 Payment Methods | |
💵 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 | |
📙 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 |