Trading 212
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74-89% of retail CFD accounts lose money.

Vs.

Oanda
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74-89% of retail CFD accounts lose money.

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

Updated May 27 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

74-89% of retail CFD accounts lose money.

Overview

Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.

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.

Best For
  • Passive investors looking to buy stocks or ETFs with their investing account
  • Traders of all levels of experience looking to trade CFDs on shares
  • Forex traders of all levels (from beginner to advanced)
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

7

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FCA (UK)
  • CySec (Cyprus)
  • FSC (Bulgaria)
  • CFTC (U.S)
  • NFA (U.S)
  • ASIC (Australia)
  • FCA (UK)
  • MAS (Singapore)
  • IIROC (Canada)
  • FFAJ (Japan)
  • BVI (British Virgin Islands)
The Good
  • 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
  • High trustworthiness, regulated by the best regulators in the world
  • Fast, simple and professional trading platforms
  • Competitive spreads in their currency pairs
The Bad
  • 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)
  • Extremely limited offering of assets (104)
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 day minimum (may take longer)
📋 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.

  • 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.

📍 Year Founded
2004 1996
💳 Minimum Deposit
1 to 10 €, £ $, €, £, - 0.
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • iDeal
  • Apple Pay
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
9 - USD, EUR, GBP, RON, PLN, CHF, SEK, NOK, CZK. 9 - USD, EUR, GBP, SGD, CHF, JPY, AUD, CAD, HKD.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries
US, CA. 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.
📊 STP Account
No No
📊 DMA Account
Yes No
📊 ECN Account
No Yes
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities and indices.

CFDs on currencies, commodities, cryptocurrencies, indices and bonds.

📙 Stocks
10,000+ Real stocks / 1,526 CFDs N/A
📘 Currency Pairs
179 68
📗 Commodities
25 13
📕 Indices
35 16
📔 ETFs
1,800 Real ETFs / 50 CFDs N/A
💸 Cryptocurrencies
N/A 4
📒 Bonds
N/A 6
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

Trading 212 provides 2 different accounts: Stock investing where users can buy real stocks or ETFs and CFD accounts.

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 Experience
📈 Minimum Stock Trade Size
Fractional Share trading - 0.1 Units of a share N/A
📉 Minimum ETFs Trade Size
Fractional ETF trading - 0.1 Units of an ETF N/A
📈 Minimum Crypto Trade Size
N/A Varies by crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$500 1 unit of any currency pair (Eg: 1 Euro, 1 Usd, 1 GBP, etc)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounce of Gold) Varies by Commodity (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
N/A 1 unit of any Bond contract
📈 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 1:500 Up to 1:100
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes (Investing Account) No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
No Yes, $10 after 1 year of inactivity
💰 Deposit Fees
No No
💰 Withdrawal Fees
No

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.

💰 Commissions
No

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.

Spreads
📈 EUR/USD
Dynamic - From 1.4 Pips Dynamic - From 0.8 Pips
📉 SP500
Dynamic - From 166 Pips Dynamic - From 30 Pips
📈 GOLD
Dynamic - From 30 Pips Dynamic - From 26 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.6 N/A
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
N/A Dynamic - From $100
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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