Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of AvaTrade's Ireland entity and Oanda's Poland entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of AvaTrade's Ireland entity and Oanda's Poland entity.
AvaTrade
76% of retail investor accounts lose money when trading CFDs with this provider.
Oanda
76.6% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders AvaTrade and Oanda are best suited to, based on what each one actually offers in .AvaTrade is better than Oanda for high-volume traders and options traders, while Oanda is better for long-term investors. Professional traders, scalpers and swing traders can choose either AvaTrade or Oanda.
| Overall score | AvaTrade 85 Best not offered | Oanda 82 -3 77 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise AvaTrade and the ones that supervise Oanda.AvaTrade and Oanda are both regulated by top-tier authorities, AvaTrade by CBI Ireland, ASIC (Australia) and the CIRO (Canada) and Oanda by KNF, ASIC (Australia) and the CFTC (United States).
| Section score | AvaTrade 100 not offered | Oanda 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | CBI (Ireland) | KNF (Poland) |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that AvaTrade and Oanda have in place to protect your money in .Both AvaTrade and Oanda offer segregated client funds and an investor compensation scheme.
| Section score | AvaTrade 78 -1 not offered | Oanda 79 79 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2006 | 1996 |
| Parent company i | Ava Trade Ltd | OANDA Group |
| CEO i | Dáire Ferguson | Gavin Bambury |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | National Westminster Bank, J.P. Morgan SE | mBank |
| Brand power | ||
| Number of customers worldwide i | 9,000,000 | |
| Annual revenue i | USD 16,900,000 | |
| Monthly website search traffic i | ||
Costs
What we compare A comparison of what it costs to trade with AvaTrade and with Oanda in , both on each trade and on holding the account.Oanda is better than AvaTrade for CFD/FX costs, as Oanda is cheaper on EUR/USD, at 5.85 USD per lot (against AvaTrade's 9 USD). Neither AvaTrade nor Oanda charges account maintenance fees or deposit fees.
Oanda and AvaTrade cannot be compared for real stock costs, because Oanda is a broker offering both CFDs and stocks while AvaTrade is a CFD broker.
| Section score | AvaTrade 66 -6 not offered | Oanda 72 Best 67 |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | FreeAbout this value. This is the forex commission per lot at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: Free (Canada, the UK, other accepted countries, Japan), USD 3 (Australia). |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 9 | USD 5.85 |
| S&P 500 fees (CFD) i | 0.5 points | 0.7 points |
| Gold fees (CFD) i | 0.34 points | 0.56 points |
| Bitcoin fees (CFD) i | USD 62.1 | |
| US stocks fees (CFD) i | Free | USD 0.06 |
| Fees on stocks | ||
| Stock fee type i | Spread | Percentage, Free |
| US stocks fees (real) i | Free | |
| ETF fees (real) i | USD 2 | |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 1.75 | |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | Free | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with AvaTrade and with Oanda in , and of how many instruments each one gives access to.AvaTrade and Oanda are equally good for CFD/FX markets, as AvaTrade offers CFDs on ETFs, and offers futures on commodities and indices. On the other hand, Oanda gives access to 1,500 tradable symbols (against AvaTrade's 1,250), and lets you own stocks and ETFs outright. Both AvaTrade and Oanda offer CFDs on commodities, crypto, forex, indices and stocks, and offer futures on crypto and forex.
There is no like-for-like comparison for real stock markets, as AvaTrade is a CFD broker and does not offer real stocks.
| Section score | AvaTrade 100 not offered | Oanda 100 60 |
|---|---|---|
| Total tradable symbols i | 1,250 | 1,500 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, ETF, Forex, Indices, Stocks | Commodities, Crypto, Forex, Indices, Stocks |
| Futures i | Commodities, Crypto, Forex, Indices | Crypto, Forex |
| Options i | Forex | |
| Assets you can own i | Stocks, ETF |
Platform
What we compare A comparison of the trading platforms that AvaTrade and Oanda make available to their clients in .AvaTrade and Oanda are equally good for platforms, as AvaTrade offers social trading and copy trading while Oanda offers TradingView and AutoChartist. AvaTrade and Oanda both offer a proprietary platform and MetaTrader 5.
There is no like-for-like comparison for platforms, as AvaTrade is a CFD broker and does not offer real stocks.
| Section score | AvaTrade 92 not offered | Oanda 91 -1 91 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of AvaTrade and Oanda in , and of what each one lets you do from your phone.AvaTrade is better than Oanda for mobile trading, as AvaTrade offers a social trading app, a copy trading app and mobile trading signals, which Oanda does not. AvaTrade and Oanda both offer a proprietary mobile app and the MetaTrader 5 app.
Oanda and AvaTrade cannot be compared for mobile trading, because Oanda is a broker offering both CFDs and stocks while AvaTrade is a CFD broker.
| Section score | AvaTrade 100 Best not offered | Oanda 86 -14 86 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that AvaTrade and Oanda allow on their platforms in .There is little between AvaTrade and Oanda on CFD/FX trading features, as both offer negative balance protection and trailing stops. Oanda has a slight edge, as it offers tier-1 liquidity providers and API access.
AvaTrade does not offer real stocks, being a CFD broker, so Oanda and AvaTrade cannot be compared for real stock trading features.
| Section score | AvaTrade 84 not offered | Oanda 83 -1 77 |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | Agency |
| Average execution time i | ||
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1About this value. This is the major fx pairs leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 30:1 (Australia, the UAE), 25:1 (Japan), 400:1 (other accepted countries). | 30:1About this value. This is the major fx pairs leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 50:1 (Canada), 30:1 (Australia, the UK), 888:1 (other accepted countries), 25:1 (Japan). |
| Minor/Exotic FX pairs leverage i | 20:1About this value. This is the minor/exotic fx pairs leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 20:1 (Australia, the UAE), 25:1 (Japan), 400:1 (other accepted countries). | 20:1About this value. This is the minor/exotic fx pairs leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 33:1 (Canada), 20:1 (Australia, the UK), 888:1 (other accepted countries), 25:1 (Japan). |
| Major indices leverage i | 20:1About this value. This is the major indices leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 20:1 (Australia, the UAE), 200:1 (other accepted countries). | 20:1About this value. This is the major indices leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 10:1 (Canada, Japan), 20:1 (Australia, the UK), 888:1 (other accepted countries). |
| Minor indices leverage i | 10:1About this value. This is the minor indices leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 10:1 (Australia, the UAE), 100:1 (other accepted countries). | 10:1About this value. This is the minor indices leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 10:1 (Canada, Australia, the UK, Japan), 200:1 (other accepted countries). |
| Gold leverage i | 20:1About this value. This is the gold leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 20:1 (Australia, the UAE), 200:1 (other accepted countries). | 20:1About this value. This is the gold leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 5:1 (Canada), 20:1 (Australia, the UK, Japan), 888:1 (other accepted countries). |
| Commodities leverage i | 10:1About this value. This is the commodities leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 10:1 (Australia, the UAE), 200:1 (other accepted countries). | 10:1About this value. This is the commodities leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 17:1 (Canada), 10:1 (Australia, the UK), 100:1 (other accepted countries), 20:1 (Japan). |
| Equities leverage i | 5:1About this value. This is the equities leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 5:1 (Australia, the UAE), 10:1 (other accepted countries). | 5:1About this value. This is the equities leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 5:1 (Australia, the UK), 20:1 (other accepted countries). |
| Cryptocurrency leverage i | 2:1About this value. This is the cryptocurrency leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 2:1 (Australia, the UAE), 100:1 (other accepted countries). | 2:1About this value. This is the cryptocurrency leverage at OANDA TMS Brokers S.A. (KNF). At Oanda's other companies: 2:1 (Australia), 10:1 (other accepted countries). |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at AvaTrade and at Oanda in , and of who each one is meant for.AvaTrade is better than Oanda for CFD/FX account types, because AvaTrade offers an Islamic account, a copy trading account and a swap-free account, which Oanda does not. Both AvaTrade and Oanda offer a demo account and a professional traders account.
Only Oanda can be assessed for real stock account types, since AvaTrade is a CFD broker and does not offer real stocks.
| Section score | AvaTrade 72 Best not offered | Oanda 53 -19 50 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with AvaTrade and with Oanda in .AvaTrade is better than Oanda for account opening, as AvaTrade offers 6 account base currencies (against Oanda's 1), and credits deposits faster, within the same day (against Oanda's 2 days). However, Oanda does not require a minimum deposit at all (against AvaTrade's 100 USD).
Only Oanda can be assessed for account opening, since AvaTrade is a CFD broker and does not offer real stocks.
| Section score | AvaTrade 72 Best not offered | Oanda 65 -7 65 |
|---|---|---|
| Minimum deposit i | USD 100About this value. This is the minimum deposit at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: USD 70 (Australia), USD 0 (Japan), USD 100 (other accepted countries, the UAE). | USD 0 |
| Minimum withdrawal i | USD 0 | USD 0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | ||
| Local payment methods i | ||
| Account base currencies i | AUD, EUR, GBP, JPY, USD, ZARAbout this value. This is the account base currencies at AVA Trade EU Ltd (CBI). It is different at AvaTrade's companies in Australia. | USDAbout this value. This is the account base currencies at OANDA TMS Brokers S.A. (KNF). It is different at Oanda's companies in Australia. |
| Deposit waiting time i | Instant | up to 2 business days |
| Withdrawal waiting time i | up to 10 business days | up to 2 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of AvaTrade and Oanda in , in how it can be reached and how fast it answers.AvaTrade is better than Oanda for customer care, because AvaTrade offers customer support in 22 languages (against Oanda's 5), and has a website in 22 languages (against Oanda's 7). AvaTrade and Oanda both offer phone support and live chat.
AvaTrade does not offer real stocks, being a CFD broker, so Oanda and AvaTrade cannot be compared for customer care.
| Section score | AvaTrade 67 Best not offered | Oanda 46 -21 46 |
|---|---|---|
| Number of languages supported i | 22 | 7 |
| Website languages i | Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese | German, English, French, Italian, Russian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese | German, English, Russian, Spanish, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that AvaTrade and Oanda provide to their clients in .AvaTrade is better than Oanda for learning, given that AvaTrade offers daily market commentary, which Oanda does not. Both AvaTrade and Oanda offer education for advanced traders and webinars.
Oanda and AvaTrade cannot be compared for learning, because Oanda is a broker offering both CFDs and stocks while AvaTrade is a CFD broker.
| Section score | AvaTrade 83 Best not offered | Oanda 80 -3 80 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
AvaTrade vs Oanda: which one should you choose?
AvaTrade
CFD/FX Choose AvaTrade if you want a CFD and forex broker with fixed-spread accounts and copy trading.
Open Account 76% of retail investor accounts lose money when trading CFDs with this provider.
Oanda
CFD/FX Choose Oanda if you want a forex brokerage service with low trading costs, TradingView and no minimum deposit.
Stocks Choose Oanda if you want a broker for securities investing with retirement accounts and commission-free US stocks.
Open Account 76.6% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include AvaTrade or Oanda, each scored with the same data and method as this page.
