AvaTrade vs. Oanda Comparison

This parallel comparison helps users who need help choosing between AvaTrade and Oanda to pick the perfect online broker for their trading and investment needs. It analyzes the essential features of the two brokers side by side to help users compare their service and make an informed decision.

To help users pick the right broker between AvaTrade and OandA to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their main trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.

AvaTrade vs. Oanda: Summary

AVAtrade logo

AVATrade is a well trusted global online broker for forex and CFD trading. Their multi-asset trading platform and mobile trading app enable traders to access 1365+ tradable symbols overall, including 1200+ CFD’s, major currency pairs with low forex spreads and premium options.

Beside their proprietary platform AVAtradeGo and MetaTrader, AVAtrade has great selection of copy trading solutions including ZuluTrade, DupliTrade and AVAsocial.

Account opening is fast, deposits and withdrawals are free of charge. The minimum deposit is $100. 

Choose AVAtrade if you are a beginner or semi advanced forex trader, looking to trade major forex currency pairs, options or CFDs as stocks, cryptos, indices or commodities with premium services.

Oanda logo

OandA is a reputable forex and CFD forex broker founded in 1996. It is regulated by seven tier-one regulators and therefore considered safe. Their users have access to 124 tradable instruments including 71 forex pairs and a handful of CFDs on cryptos. Traders can choose between a proprietary platform (web and desktop version), MT4 and MT5. Their trading platform has an intuitive design, offers automated trade execution and multiple features for algorithmic and social trading. Market research features are powered by TradingView.

OandA’s trading fees are above average compared to similar forex and CFD brokers like AvaTrade and Pepperstone. They charge an average spread of 1.26 pips on EUR/USD on the standard account.

OandA’s customer service is available during office hours by email, live chat (chatbot) and phone.

Pros

  • Low minimum deposit ($100)
  • Fixed forex spreads from 0.9 pips
  • Wide range of platforms and third party integrations (MT4, MT5, TradingView)
  • Support for various trading styles (algorithmic, automated, copy trading)
  • Intuitive trading app

Cons

  • Comparing others relatively few trading instruments are offered; offers Forex, CFDs and Binary Options

Pros

  • MT4, MT5 and TradingView integration
  • Broad range of research and analysis tools
  • Easy account opening process
  • Feature rich mobile app
  • Various algorithmic trading options
  • Quality research and analysis articles

Cons

  • Limited assets
  • Only CFD and forex trading available
  • Customer support is only available during office hours
  • Inactivity fees

Key features

  • Access to 1250 CFDs and 44 forex options
  • Excellent copy trading features
  • Advanced mobile trading app (AvaOptions)
  • Industry average pricing
  • Perfect for casual and advanced traders
  • Access to the full meta trader suite

Key features

  • Access to 124 tradable symbols including 71 forex pairs
  • Low minimum deposit ($0)
  • Real-time currency conversion
  • MetaTrader 4 and 5 integration
  • Free VPS server
  • Trading fee and wire transfer discounts for professional traders

AvaTrade vs. Oanda Comparison

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AVAtrade logo

AVAtrade

Open account Read review

71% of retail CFD accounts lose money

Oanda logo

Oanda

Open account Read review

74-89% of retail CFD accounts lose money

BROKER COMPARISON

AVAtrade logo
Oanda logo

Overall rating

4,9/5

3,8/5

Overall rating

4,9/5

3,8/5

Trading Platform & Tools

4.9

3.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:400 1:50
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.9

3.1

See details
Withdrawal Fee 0 $20 + Fee
Deposit Fee 0 0
Inactivity Fee $50 after every 3 months and $100 after every 12 months $10 a month after 12 months
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.9 1.3
Stocks & ETF 0 0
CFD (Gold) 3.4 31
Crypto 0.35% 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.9

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

3.8

See details
Minimum deposit (in UAE) $100 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.9

1.8

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 55 70
CFD Indices & Funds 91 12
CFD Stocks 612 0
CFD Commodities 18 35
CFD Crypto 20 0
CFD Bonds 2 3
Binary Options 44 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

3.6

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.8

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

AvaTrade vs. Oanda Comparison Conclusion

The results of our comparison of AvaTrade vs. Oanda are wrapped up in the table below.

Broker:Best For:
AvaTradeForex, CFDs and Options
OandaForex and CFDs

Finding the ideal choice between AvaTrade and Oanda can be challenging. Both online brokers have similarities but differ regarding trading instruments, platforms & apps, regulation, deposit & withdrawals, and research and education. Picking the best broker depends on users’ trading & investment goals, individual preferences, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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