Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of Oanda's Poland entity and Trading 212's Cyprus entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of Oanda's Poland entity and Trading 212's Cyprus entity.
Oanda
76.6% of retail investor accounts lose money when trading CFDs with this provider.
Trading 212
83% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders Oanda and Trading 212 are best suited to, based on what each one actually offers in .Oanda is better than Trading 212 for scalpers, algo traders and futures traders. Both are a good fit for long-term investors, professional traders and swing traders.
| Overall score | Oanda 82 Best 77 Best | Trading 212 70 -12 74 -3 |
|---|---|---|
| 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 Oanda and the ones that supervise Trading 212.Oanda and Trading 212 are both regulated by top-tier authorities, Oanda by KNF, ASIC (Australia) and the CFTC (United States) and Trading 212 by CySEC, FSC Bulgaria and ASIC (Australia).
| Section score | Oanda 100 100 | Trading 212 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | KNF (Poland) | CySEC (Cyprus) |
| 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 Oanda and Trading 212 have in place to protect your money in .Both Oanda and Trading 212 offer segregated client funds and an investor compensation scheme.
| Section score | Oanda 79 79 | Trading 212 79 79 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 1996 | 2004 |
| Parent company i | OANDA Group | Trading 212 Ltd |
| CEO i | Gavin Bambury | Michael Byrne |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | mBank | J.P. Morgan, Barclays |
| Brand power | ||
| Number of customers worldwide i | 4,500,000 | |
| Annual revenue i | USD 16,900,000 | USD 299,000,000 |
| Monthly website search traffic i | ||
Costs
What we compare A comparison of what it costs to trade with Oanda and with Trading 212 in , both on each trade and on holding the account.Oanda is better than Trading 212 for CFD/FX costs, since Oanda is cheaper on EUR/USD, at 5.85 USD per lot (against Trading 212's 13 USD), has tighter gold CFD spreads, at 0.56 points (against Trading 212's 0.89 points), and charges lower Bitcoin CFD fees, at 62.1 USD (against Trading 212's 70.17 USD). Neither Oanda nor Trading 212 charges account maintenance fees or withdrawal fees.
Trading 212 is better than Oanda for real stock costs, as Trading 212 does not charge ETF fees (against Oanda's 2 USD), and does not charge inactivity fees, unlike Oanda. Neither Oanda nor Trading 212 charges account maintenance fees or withdrawal fees.
| Section score | Oanda 72 Best 67 -15 | Trading 212 36 -36 82 Best |
|---|---|---|
| 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 | 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). | Free |
| 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 5.85 | USD 13 |
| S&P 500 fees (CFD) i | 0.7 points | 0.42 points |
| Gold fees (CFD) i | 0.56 points | 0.89 points |
| Bitcoin fees (CFD) i | USD 62.1 | USD 70.17 |
| US stocks fees (CFD) i | USD 0.06 | Free |
| Fees on stocks | ||
| Stock fee type i | Percentage, Free | Spread, Free |
| US stocks fees (real) i | Free | Free |
| ETF fees (real) i | USD 2 | Free |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | ||
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | ||
| 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 Oanda and with Trading 212 in , and of how many instruments each one gives access to.Oanda is better than Trading 212 for CFD/FX markets, since Oanda offers futures on crypto and forex, which Trading 212 does not. Both Oanda and Trading 212 offer CFDs on commodities, crypto, forex, indices and stocks, and let you own stocks and ETFs outright.
Oanda is better than Trading 212 for real stock markets, given that Oanda offers futures on crypto and forex, which Trading 212 does not. Both Oanda and Trading 212 let you own stocks and ETFs outright, and offer CFDs on commodities, crypto, forex, indices and stocks.
| Section score | Oanda 100 Best 60 Best | Trading 212 75 -25 45 -15 |
|---|---|---|
| Total tradable symbols i | 1,500 | 10,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Crypto, ETF, Forex, Indices, Stocks |
| Futures i | Crypto, Forex | |
| Options i | ||
| Assets you can own i | Stocks, ETF | Crypto, ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that Oanda and Trading 212 make available to their clients in .Oanda is better than Trading 212 for platforms, as Oanda offers MetaTrader 5, MetaTrader 4 and TradingView, which Trading 212 does not. Oanda and Trading 212 both offer a proprietary platform and one-click trading.
| Section score | Oanda 91 Best 91 Best | Trading 212 81 -10 81 -10 |
|---|---|---|
| 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 Oanda and Trading 212 in , and of what each one lets you do from your phone.Oanda is better than Trading 212 for mobile trading, because Oanda offers the MetaTrader 5 app, the MetaTrader 4 app and mobile charting tools, which Trading 212 does not. Oanda and Trading 212 both offer a proprietary mobile app and mobile price alerts.
| Section score | Oanda 86 Best 86 Best | Trading 212 74 -12 74 -12 |
|---|---|---|
| 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 Oanda and Trading 212 allow on their platforms in .Oanda is better than Trading 212 for CFD/FX trading features, given that Oanda offers tier-1 liquidity providers, which Trading 212 does not, and allows for scalping and automated trading. Oanda and Trading 212 both offer negative balance protection and trailing stops.
Trading 212 is better than Oanda for real stock trading features, since Trading 212 offers fractional shares, which Oanda does not. Oanda and Trading 212 both offer trailing stops and API access.
| Section score | Oanda 83 Best 77 -12 | Trading 212 73 -10 89 Best |
|---|---|---|
| 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 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). | 30:1 |
| Minor/Exotic FX pairs leverage i | 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). | 20:1 |
| Major indices leverage i | 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). | 20:1 |
| Minor indices leverage i | 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). | 10:1 |
| Gold leverage i | 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). | 20:1 |
| Commodities leverage i | 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). | 10:1 |
| Equities leverage i | 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). | 5:1 |
| Cryptocurrency leverage i | 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). | 2:1 |
| 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 1 |
| 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 Oanda and at Trading 212 in , and of who each one is meant for.Oanda is better than Trading 212 for CFD/FX account types, as Oanda offers a corporate account and a raw spread account, which Trading 212 does not. Both Oanda and Trading 212 offer a demo account and a professional traders account.
Trading 212 is better than Oanda for real stock account types, since Trading 212 offers a stock investing account and a savings account, which Oanda does not. Oanda and Trading 212 both offer a demo account and a margin investing account.
| Section score | Oanda 53 Best 50 -19 | Trading 212 38 -15 69 Best |
|---|---|---|
| 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 Oanda and with Trading 212 in .Trading 212 is better than Oanda for account opening, as Trading 212 offers 12 account base currencies (against Oanda's 1), and credits deposits faster, within 1 day (against Oanda's 2 days). However, Oanda does not require a minimum deposit at all (against Trading 212's 11 USD).
| Section score | Oanda 65 -12 65 -12 | Trading 212 77 Best 77 Best |
|---|---|---|
| Minimum deposit i | USD 0 | USD 11About this value. This is the minimum deposit at Trading 212 Markets Ltd (CySEC). At Trading 212's other companies: USD 1 (Australia, the UK). |
| Minimum withdrawal i | USD 0 | USD 1 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | ||
| Local payment methods i | ||
| Account base currencies i | 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. | GBP, USD, EUR, CAD, CHF, DKK, NOK, PLN, SEK, CZK, RON, HUFAbout this value. This is the account base currencies at Trading 212 Markets Ltd (CySEC). It is different at Trading 212's companies in Australia. |
| Deposit waiting time i | up to 2 business days | up to 1 business days |
| Withdrawal waiting time i | up to 2 business days | up to 2 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of Oanda and Trading 212 in , in how it can be reached and how fast it answers.Trading 212 is better than Oanda for customer care, as Trading 212 offers customer support in 11 languages (against Oanda's 5), and has a website in 11 languages (against Oanda's 7). Both Oanda and Trading 212 offer live chat and email support.
| Section score | Oanda 46 -12 46 -12 | Trading 212 58 Best 58 Best |
|---|---|---|
| Number of languages supported i | 7 | 11 |
| Website languages i | German, English, French, Italian, Russian, Spanish, Chinese | Arabic, German, English, French, Italian, Dutch, Polish, Romanian, Russian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | German, English, Russian, Spanish, Chinese | Arabic, German, English, French, Italian, Dutch, Polish, Romanian, 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 Oanda and Trading 212 provide to their clients in .Oanda is better than Trading 212 for learning, as Oanda offers education for advanced traders, webinars and daily trading ideas, which Trading 212 does not. Oanda and Trading 212 both offer education for beginners and an education center.
| Section score | Oanda 80 Best 80 Best | Trading 212 43 -37 43 -37 |
|---|---|---|
| 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 | ||
Oanda vs Trading 212: which one should you choose?
Oanda
CFD/FX Choose Oanda if you want an online CFD broker for scalping, with low trading costs and TradingView.
Stocks Choose Oanda if you want a broker for securities investing with retirement accounts, TradingView and futures.
Open Account 76.6% of retail investor accounts lose money when trading CFDs with this provider.
Trading 212
CFD/FX Choose Trading 212 if you want a CFD/forex broker with ETFs.
Stocks Choose Trading 212 if you want a share dealing service with crypto.
Open Account 83% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include Oanda or Trading 212, each scored with the same data and method as this page.
