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OANDA vs TD Ameritrade

OANDA is a regulated forex broker with no minimum deposit . How does it compare to TD Ameritrade? Read our comparison chart below.

 

OANDA

TD Ameritrade

SPECIAL OFFER
Earn Cash Rebates of up to $17 per Million - Learn More

Read OANDA Review

OFFER
Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More

Read TD Ameritrade Review

 

Benefits and Features

Stock Trading
No
$0 commission for online stock, ETF, and option trades
Options Trading
No
$0.65 per contract
Cryptocurrency TradingYes (0.25% fee, minimum fee of US$0.01)
Yes
Minimum Deposit
$0
$0
Mutual Fund Trading
No
Up to $49.95 or $74.95 for buys. $0 for sells
Commission Free ETFs
Not available
550+ Commission-Free ETFs
Live Chat Support
Yes
Yes
Penny Stocks
Not available
Check
Broker Assisted Trades
Not available
$25
Inactivity Fee
$10/month
$0
Maintenance Fee
None
$0
Online Platform
Yes
Yes
Banking
No
Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
Mobile App
Yes
Yes
Desktop App
Yes (fxTrade)
Thinkorswim
Withdrawal Fee$20 for bank transfer (first withdrawal processed within calendar month) and $35 (additional withdrawals)
$0
Forex Trading
Yes
Yes
Futures Trading
No
$2.25 per contract (plus exchange & regulatory fees)
Bond Trading
No
Yes
CFD Trading
Yes
No
Currency Trading
Yes
Yes
Customer ServiceLocal number +1 212 858 7690;
Toll-free number 1 877 OANDA FX (1 877 626 3239)
Sunday 4PM ET to Friday 6PM ET
(800) 669-3900 (Open 24/7)
Locations
Online only
More than 100 locations in 34 states
Online Community
Yes
 
Seminars
Yes
Online webcast
Trading PlatformOANDA Web, OANDA Mobile, TradingVIew, MetaTrader4
thinkorswim
Virtual Trading
Yes
Yes
 

CreditDonkey® Reviews

SpreadStarStarStarStarEmpty Star
Mobile AppStarStarStarStarEmpty StarStarStarStarStarStar
Customer ServiceStarStarStarStarStar
Ease of UseStarStarStarStarEmpty StarStarStarStarStarStar
EducationStarStarStarEmpty StarEmpty Star
Forex TradingStarStarStarStarHalf Star
Trading PlatformStarStarStarStarHalf StarStarStarStarStarStar
TrustworthyStarStarStarStarStar
Stock TradingStarStarStarHalf StarEmpty Star
Options TradingStarStarStarStarEmpty Star
BankingStarStarStarStarEmpty Star
Commissions and FeesStarStarStarHalf StarEmpty Star
Online CommunityStarStarStarEmpty StarEmpty Star
ResearchStarStarStarStarStar
Pros & ConsPros:
  • $0 minimum
  • Exceptional customer service
  • User-friendly platform
Cons:
  • Only 1:50 leverage
  • Slow withdrawal processing
  • Incomprehensive educational videos
Pros:
  • Easy to Use
  • Thinkorswim Platform
  • Customer Service
Cons:
  • Trade Fees
Bottom LineRegulated forex broker with no minimum deposit... Read full reviewGood online broker for long-term investors... Read full review

Earn Cash Rebates of up to $17 per Million

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

OANDA: Information sourced from the published website as of 04/22/2024.

TD Ameritrade: Pricing information from published website as of 09/05/2023.

Which is Better: OANDA or TD Ameritrade?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing OANDA or Robinhood.

In short: TD Ameritrade's mobile app and ease of use are impressive.


Articles on OANDA

OANDA Review

OANDA is one of the leading forex and CFD trading providers. But what does it offer? Read on to discover how OANDA elevates your trading journey.

OANDA Spreads

OANDA is one of the world's top forex brokers. But does it have competitive spreads? Read on to find out.

OANDA Withdrawal

Trading is no fun if you can't withdraw your earnings. So how do you withdraw funds at OANDA? Read on to find out.

OANDA Minimum Deposit

OANDA is a suitable forex broker for traders of all levels. Wondering if it has a minimum deposit requirement? Read on to find out.

OANDA Approval Time

OANDA is one of the world's most reputable forex brokers. But how long does it take to get your account approved? Read on to find out.

OANDA vs FOREX.com

OANDA and FOREX.com are both highly regulated and trusted forex brokers. But one of them is a better option. Which one?

Articles on TD Ameritrade

Ameritrade

TD Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review.

TD Ameritrade Customer Service

TD Ameritrade offers 24/7 customer service - both online and on the phone. But the best way to actually contact TD Ameritrade may surprise you. Read on.

Which Do You Think is Best?





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