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AvaTrade vs Oanda: Comparison and Analysis

Trying to figure out whether to use AvaTrade or Oanda? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of AvaTrade and Oanda side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
76% of retail investor accounts lose money
AvaTrade review
Open Account
CFDs are not available to residents in the United States
Oanda review

Overall Ratings


Rated
92
Rated
80

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • AvaTrade
  • Oanda

Security 94
Security 94

Cost 78
Cost 73

Trading 100
Trading 71

Education 85
Education 80

Company Info


Foundation
2006
1996
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, chi(t/s), de, es, fi, fr, hu, ne, po, pol, ru, thai, ko, ind, mal, it, nig, es(chi), po(br), afrk, tu, sve, mon, fr(can), en(can), en(aus), ur
en, de, es, fr, ru, it, chi

Leverage


Non-EU Leverage ?
400:1
50:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
0
50:1
Canadian Leverage ?
400:1
50:1

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
119731
10515
SimilarWeb - Total Visits
464620
8370000
Facebook Likes
103098
66508
Twitter Likes
9813
18400
Instagram Likes
5290
562

Deposit and Withdrawal


Minimum Deposit ?
100 USD
Minimum Withdraw ?
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
WebMoney
Deposit Waiting Time ?
instant
1-2 business days
Withdraw Waiting Time ?
1 business day
1-2 business days
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
AUD, EUR, GBP, USD, ZAR, JPY
USD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
0.03
3.0
Natural Gas ?
0.002
0.6
Silver ?
0.029
277.0
Platinum ?
1.10
833.4
Copper ?
0.005
Soybeans ?
0.25
1.0
Corn ?
1.0
2.0
Gold ?
0.34
205.6

Forex Fixed Spreads


EUR/GBP Spread
1.5
EUR/USD Spread
0.9
USD/JPY Spread
1.5
GBP/USD Spread
2.0
USD/CHF Spread
2.0
AUD/USD Spread
2.2
USD/CAD Spread
2.0
NZD/USD Spread
1.8

Forex Variable Spreads


EUR/USD Average Spread
0.1
USD/JPY Average Spread
0.2
USD/CHF Average Spread
0.2
GBP/USD Average Spread
0.2
USD/CAD Average Spread
0.2
AUD/USD Average Spread
0.2
NZD/USD Average Spread
0.2
EUR/GBP Average Spread
0.2

Fees on Stocks


Apple
Facebook
Alphabet
Snapchat
BP
Tesco
Barclays
Lloyds

Fees on Indices


FTSE100
0.50
0.8
S&P500
0.25
0.3
Dow Jones
3.0
Nasdaq
1.0
0.5
CAC40
1.0
1.2
DAX30
1.5
0.9
Nikkei 225
10.0
Euro Stoxx 50
1.0
0.9

Fees on Cryptocurrencies


Bitcoin
1
0
Ethereum
0.60%
0
Ripple
0.95%
0
Litecoin
0.60%
0
Bitcoin Cash
0.80%
0
Dash
2.00%
0
Monero
0
0
Neo
2.00%
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, de, fr, heb, it
en, de, es, fr, ru, ko, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
60
55
Crypto ?
20
55
Commodities ?
16
31
Stocks ?
100
Indices ?
20
16
ETF ?
5
Futures ?
Options ?
44
Bonds ?
2
6
Metal ?
4
5
Agricultural ?
8
4
Energies ?
4
3
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
0.00001 lots
Maximum Trade Size ?
100 lots
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
51
51
Number Chart Drawing Tools ?
31
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ar, chi(t/s), de, es, fi, fr, hu, ne, po, pol, ru, thai, ko, ind, mal, it, nig, es(chi), po(br), afrk, tu, sve, mon, fr(can), en(can), en(aus), ur
en, de, es, ru, chi

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

AvaTrade vs Oanda: A Comprehensive Broker Comparison

When looking for a brokerage service, one of the most important things to consider is the security of your funds. Both AvaTrade and Oanda are highly regulated and secure, with AvaTrade being regulated by ASIC, FSCA, CBI (Ireland), IIROC, JFSA, BVI (British Virgin Island) and Oanda being regulated by ASIC, MAS, FSA, FCA, NFA, IIROC, BVI. Both brokers have a security rating of 94.

Demo Accounts

AvaTrade offers a demo account with a duration of 21 days and virtual funds of $10,000. The virtual funds can be restored by contacting customer support. On the other hand, Oanda offers an unlimited demo account with virtual funds of $100,000, which can also be restored by contacting customer support.

Account Opening

AvaTrade requires a minimum deposit of $100, while Oanda has no minimum deposit requirement. AvaTrade accepts payment methods such as wire transfers, credit/debit cards, and eWallets. Account currency options include USD, EUR, GBP, JPY, AUD, CAD, and ZAR. AvaTrade offers several account types, including Standard, Spread Betting, Islamic, and Professional accounts. Oanda, on the other hand, offers Standard, Premium, Core, Spread Betting, and Professional accounts. Payment methods and account currencies are similar to AvaTrade.

Social-Copy Trading

AvaTrade offers copy-social trading via third-party platforms such as ZuluTrade and DupliTrade, as well as its own proprietary platform called AvaSocial. Oanda, on the other hand, allows traders to engage in copy-social trading through third-party platforms such as Tradingview. Additionally, traders can use EAs on the MT4 and MT5 platforms to engage in copy trading.

Markets

AvaTrade offers 53 forex pairs, 19 commodities, 31 indices, 20 crypto assets, 610+ stocks, 60+ ETFs, and 54+ futures and options. Oanda offers 68 forex pairs, 31 commodities, 18 indices, 18 crypto assets, 1600+ stocks, 40 ETFs, and 6 bonds. Both brokers offer CFDs on all assets, making them suitable for short-term investment. European traders can also access real stocks through Oanda.

Trading Fees

AvaTrade offers fixed spreads, starting from 0.9 pips on forex. On the other hand, Oanda offers variable spreads, starting from 1.2 pips on forex. While AvaTrade’s spreads are generally lower than Oanda’s, they are higher than the market average. Oanda does not charge any commission on stocks for EUR accounts.

Platforms

AvaTrade offers a proprietary platform available via web, desktop, and mobile, as well as MetaTrader 4 and 5 via web, desktop, and mobile. AvaTradeGo is the mobile app for Android and iOS, while AvaOptions is designed for trading options on desktop and mobile. AvaSocial is designed for social-copy trading on mobile. Oanda offers its proprietary platform called Oanda Trade Platform, available via desktop, web, and mobile, as well as MetaTrader 4 and 5 via web, desktop, and mobile in the European Union.

Education and Customer Care

AvaTrade offers a strong education offering with a focus on beginner traders, including in-depth webinars for professional traders. Customer care is easy to contact via phone, email, and live chat in over 25 available languages. Oanda offers a range of technical and fundamental analysis tutorials, webinars, and events. Customer care is easy to contact via phone, email, and live chat.

Conclusion

In conclusion, both AvaTrade and Oanda are highly regulated and secure brokers that offer similar payment methods and account currency options. AvaTrade offers a demo account with a duration of 21 days and virtual funds of $10,000, while Oanda offers an unlimited demo account with virtual funds of $100,000. AvaTrade offers a proprietary social-copy trading platform called AvaSocial, while Oanda allows traders to engage in copy trading via third-party platforms such as Tradingview. AvaTrade offers fixed spreads starting from 0.9 pips on forex, while Oanda offers variable spreads starting from 1.2 pips on forex. Both brokers offer CFDs on all assets, making them suitable for short-term investment, while European traders can access real stocks through Oanda. AvaTrade offers a strong education offering with a focus on beginner traders, while Oanda offers a range of technical and fundamental analysis tutorials, webinars, and events. Overall, the choice between AvaTrade and Oanda ultimately depends on the individual trader’s specific needs and preferences.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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20143

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