OANDA vs Forex.com

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

	OANDA	Forex.com

	Visit Site	Learn More
	SPECIAL OFFER Earn Cash Rebates of up to $17 per Million - Learn More Read OANDA Review	SPECIAL OFFER 5% Cashback with New Account - Learn More Read Forex.com Review
	Benefits and Features
Stock Trading	No	Yes
Options Trading	No
Minimum Deposit	$0	$100
Mutual Fund Trading	No
Commission Free ETFs	Not available
Live Chat Support	Yes	Yes
Penny Stocks	Not available
Broker Assisted Trades	Not available
Inactivity Fee	$10/month
Maintenance Fee	None
Online Platform	Yes	Yes
Banking	No
Mobile App	Yes	Yes
Desktop App	Yes (fxTrade)
Withdrawal Fee	$20 for bank transfer (first withdrawal processed within calendar month) and $35 (additional withdrawals)	$0
Forex Trading	Yes
Futures Trading	No
Bond Trading	No
CFD Trading	Yes (CFD trading is not permitted in the US)	Yes
Currency Trading	Yes	Yes
Customer Service	Local number +1 212 858 7690; Toll-free number 1 877 OANDA FX (1 877 626 3239) Sunday 4PM ET to Friday 6PM ET
Locations	Online only
Online Community	Yes
Seminars	Yes
Trading Platform	OANDA Web, OANDA Mobile, TradingVIew, MetaTrader4	MT4 and MT5
Virtual Trading	Yes	Yes
	CreditDonkey® Reviews

Spread
Mobile App
Customer Service
Ease of Use
Education
Forex Trading
Trading Platform
Trustworthy
Pros & Cons	Pros: $0 minimum Exceptional customer service User-friendly platform Cons: Only 1:50 leverage Slow withdrawal processing Incomprehensive educational videos	Pros: Wide range of offerings No withdrawal fee Rebates for active traders Cons: Inactivity fees No fundamental data Slow email response
Bottom Line	Regulated forex broker with no minimum deposit... Read full review	Trusted global broker with a wide range of asset offerings... Read full review
	Visit Site	Learn More
	Earn Cash Rebates of up to $17 per Million Reduce Trading Cost by Up to 34% with Cash Rebates Open a Forex Account	5% Cashback with New Account Earn Up to 4.5% APY
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. Forex.com: Information sourced from the published website as of 08/13/2024. 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. Affiliate receives a commission for accounts opened through the link on this page 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.

Which is Better: OANDA or Forex.com?

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OANDA vs Forex.com

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