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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

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 
$0.65 per contract
Cryptocurrency Trading 
Yes
Minimum Deposit
$0
$0
Mutual Fund Trading Up to $49.95 or $74.95 for buys. $0 for sells
Commission Free ETFs 
550+ Commission-Free ETFs
Live Chat Support
Yes
Yes
Penny Stocks 
Check
Broker Assisted Trades 
$25
Customer Service 
(800) 669-3900 (Open 24/7)
Inactivity Fee 
$0
Maintenance Fee 
$0
Online Platform
Yes
Yes
Banking 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 
Thinkorswim
Withdrawal Fee$20 for bank transfer (first withdrawal processed within calendar month) and $35 (additional withdrawals)
$0
Forex Trading 
Yes
Futures Trading $2.25 per contract (plus exchange & regulatory fees)
Bond Trading 
Yes
CFD TradingYes(CFD trading is not permitted in the US.)
No
Currency Trading
Yes
Yes
Locations More than 100 locations in 34 states
Seminars 
Online webcast
Trading PlatformMT4 and MT5(MT5 is not available in the U.S. for OANDA clients)
thinkorswim
Virtual Trading
Yes
Yes
 

CreditDonkey® Reviews

SpreadStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarStar
Mobile AppStarStarStarStarEmpty StarStarStarStarStarStar
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

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

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 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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