TradingCritique

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EToro vs Oanda : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

EToro

EToro

VS
Oanda

Oanda

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

Market maker

Years of Existence / Established Year

2007

1996

Customer Base / Number of Accounts

20 Million

50M


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Regulation & Security

Regulations (governing bodies)

FCA, CySEC, MFSA, ADGM, ASIC, FSA, FINRA, SEC

CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI

Awards Won (count for the last 2 years)

Best Cryptocurrency Platforms by Good Money guide awards

Broker of the year by TradingView Awards 2023 Most popular broker 3 years in a row in TradingView Awards 2020, 2021, 2022

Security Measures

AML, ICF

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5545+ stocks

68+ major currency pairs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Web trading and Mobile trading apps

Oanda Mobile and Tablet apps

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Professional, Retail or Personal account, Corporate account

Standard account Corporate account Professional trading account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$50.00

$0

Leverage Available

1:2 to 1:30

50:1

Trade Limit (maximum per trade)

Depends on the assets class

Varies by instrument

Commission (per account type)

$0

Standard - $50/M Premium - $50/M Premium Plus - $40/M

Best Suited For (e.g., beginners, experienced traders)

Beginners

Only experienced


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Deposit & Withdrawal Options

Deposit Methods

Debit card, Online banking, Wire transfer, e-Wallets

Bank Wire Transfer ACH Debit card

Withdrawal Methods

Debit card, Online banking, Wire transfer, e-Wallets

Debit card Bank Wire transfer

Other E-Wallets Supported

PayPal

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

eToro Guides and eBooks, Crypto and Trading Courses, Trading Academy, Market News and Analysis, Webinars

Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators


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Fees & Commissions

Trading-Related Fees

Stocks- $1 or $2, Commission- $0, ETFs-$0, Spread-0, Crypto-2% of the transaction size; Minimum: $1 to Maximum: $100, CFD(Stocks and EFTs)- 0.15%, Crypto CFDs: 1%

Spread starts from 0.0, commission- $30 per 1M

Spread (typical, fixed, variable)

Fixed

Typical

Per Lot Fees

NA

NA

Options Contract Fees

$0

NA

Futures Contract Fees

$0

NA

Markup Fees on Spread

1% for both opening and closing a position

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

30:1

50:1


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Non-Trading Fees

Dormant Fees

$10/month after 12 months of inactivity

10 units of the currency for inactivity atleast 12 months.

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

NA

Vary on instruments and change on a daily basis

Statement or Document Fee

NA

$0

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

$0

Deposit Fee

$0

$0

Currency Conversion Fee

0.75%

0.50%

Withdrawal Fee

$5 fee for withdrawals to external accounts

USD - First withdrawal fee in a calendar month Bank transfer / wire transfer - $20 Debit card - no feeUSD - additional withdrawals in a calendar month Bank transfer / wire transfer - fee + $15 Debit card - $15ACH - No fee


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

9:30am ET until 4pm during normal business days

All FX products - Sunday 17:05 - Friday 16:59 Cryptocurrency - 24/7


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24x5

Customer Support Methods (phone, email, live chat)

Chatbot, Live chat, Ticket

Email: mailto:[email protected] Monday to Friday - 8:00 to 20:00 CET Poland (+48)799366830 Malta (+356)20345018 Spain (+34)910479707 France (+33)182884361 Germany (+49)6995019607

Support Languages

19+

4


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Additional Information

Headquarters Location

4th floor, One Canada Square Canary Wharf London, E14 5AB United Kingdom

Dashwood House 64, Old Broad Street London EC2M 1QS

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Both eToro and Oanda offer affordable fee structures, but eToro generally edges out with no inactivity fees and lower commissions on standard trades, whereas Oanda shines with bundled research and platform access.
New users will likely find eToro sign-up process more intuitive. Meanwhile, Oanda takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
eToro platform is great for fast-paced day trading, especially with features like one-click trading. Oanda platform, by comparison, is built for strategy testing and long-term portfolio management.
Advanced users will enjoy eToro capabilities, but Oanda remains a favorite for its streamlined and beginner-centric approach.