Oanda Vs. XTB - Compare Trustworthiness, Capabilities, Fees and Legitimacy

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.

XTB is an international broker specialised in CFD trading and low cost forex spreads.

• Forex traders of all levels (from beginner to advanced)

• Experienced forex traders looking for low spreads
• Experienced stock traders looking for trading particular stocks under low spreads (with commission)

• CFTC (U.S)
• NFA (U.S)
• ASIC (Australia)
• FCA (UK)
• MAS (Singapore)
• IIROC (Canada)
• FFAJ (Japan)
• BVI (British Virgin Islands)

• CySec (Cyprus)
• FCA (UK)
• CMNV (Spain)
• UKNF (Poland)

• High trustworthiness, regulated by the best regulators in the world
• Fast, simple and professional trading platforms
• Competitive spreads in their currency pairs

• Low forex & stock spreads
• Professional platform with customisable layouts

• Extremely limited offering of assets (104)
• No ability to purchase real stocks or cryptocurrencies, only CFDs

• No ability to remove or customise leverage
• High commissions on stocks & ETFs
• All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)

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• 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.

• 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.

• Visa
• Mastercard
• Bank Transfer
• Paypal

• Visa
• Mastercard
• Bank Transfer
• Sofort
• Neteller
• Paypal
• Skrill

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, SY, IR.

$10 after 1 year of inactivity.

$10 monthly after 1 year of inactivity.

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.

For Stocks and ETFs there is an 0.08% commission with $8 minimum.