Greenlight vs OANDA

Greenlight is a solid financial literacy app and debit card for kids. How does it compare to OANDA? Read our comparison chart below.

	Greenlight	OANDA

	Visit Site	Visit Site
	SPECIAL OFFER Greenlight Debit Card for Kids - Learn More Read Greenlight Review	SPECIAL OFFER Earn Cash Rebates of up to $17 per Million - Learn More Read OANDA Review
	Benefits and Features
Savings	2% savings reward (3% for Greenlight Max, 5% for Greenlight Infinity) on an average daily savings balance of up to $5,000 per family
Stock Trading		No
Options Trading		No
Minimum Deposit	$1	$0
Checking	Debit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases
Mutual Fund Trading		No
Kids Debit Card
Banking		No
Mobile App	iOS & Android	Yes
Forex Trading		Yes
Futures Trading		No
	CreditDonkey® Reviews

Savings
Minimum Deposit
Checking
Price
Mobile App
Customer Service
Ease of Use
Education
Spread
Forex Trading
Trading Platform
Trustworthy
Pros & Cons	Pros: Free one-month trial, then start at $4.99/month for whole family Great parental controls Teaches money management for kids Excellent education and savings tools Cons: Can't deposit physical cash Difficult to close account	Pros: $0 minimum Exceptional customer service User-friendly platform Cons: Only 1:50 leverage Slow withdrawal processing Incomprehensive educational videos
Bottom Line	Solid financial literacy app and debit card for kids... Read full review	Regulated forex broker with no minimum deposit... Read full review
	Visit Site	Visit Site
	Greenlight Debit Card for Kids All Ages - Banking and Invest in One App Greenlight Banking and Educational App for Kids	Earn Cash Rebates of up to $17 per Million Reduce Trading Cost by Up to 34% with Cash Rebates Get a TradingView plan for free with OANDA
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. OANDA: OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States. OANDA CORPORATION IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. OANDA Corporation is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company exchange. Any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of OANDA Corporation. Digital assets held with Paxos are not protected by SIPC. Paxos is not an NFA member and is not subject to the NFA's regulatory oversight and examinations. Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.

Greenlight Debit Card for Kids

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All Ages - Banking and Invest in One App

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Flexible controls, spending notifications, in-app chore list
Age: No minimum age
Fees: Starts at $4.99/month, per family (up to 5 kids). $9.98/month for Greenlight Max. $14.98 per month for Greenlight Infinity.

Your funds will be held at Community Federal Savings Bank, an FDIC-insured institution.

Greenlight Banking and Educational App for Kids

Get Started

Spend, save, invest, and learn all in one app
Cashback & up to 5% savings rewards
Investing platform just for kids
Financial literacy games for the real world
Starts from $4.99/mo (1-month free trial)

Your funds will be held at Community Federal Savings Bank, an FDIC-insured institution.

Which is Better: Greenlight or OANDA?

In short: Greenlight's ease of use and education are impressive. OANDA's customer service is outstanding.

Articles on Greenlight

Greenlight

Looking to teach your kids or tweens how banks and debit cards really work? Greenlight may be for you. Learn the pros, cons, fees, and more in this review.