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TradeStation vs Oanda : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
TradeStation
Oanda
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
Market maker
Years of Existence / Established Year
1982
1996
Customer Base / Number of Accounts
226506+ clients
50M
Regulation & Security
Regulations (governing bodies)
CFTC, NFA, FINRA, SEC
CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI
Awards Won (count for the last 2 years)
Best in Class awards in StockBrockers.com 2023 Online Broker Review, Best Brokerage App at the 2023 Benzinga Global Fintech Awards, TradingView's Best Broker in the AMER Region 2023 Award
Broker of the year by TradingView Awards 2023 Most popular broker 3 years in a row in TradingView Awards 2020, 2021, 2022
Security Measures
SIPC
SIPC
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
Futures option
68+ major currency pairs
Currency Pairs
No
Yes
Commodities
No
Yes
Indices
No
Yes
Cryptocurrencies
No
Yes
CFDs
No
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
Yes
Yes
Bonds
No
Yes
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Desktop, Web trading, Mobile app, Futures Plus
Oanda Mobile and Tablet apps
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Individual, Retirement, Entity
Standard account Corporate account Professional trading account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$0
$0
Leverage Available
No
50:1
Trade Limit (maximum per trade)
Depends on asset 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 and experienced traders
Only experienced
Deposit & Withdrawal Options
Deposit Methods
Wire transfer, Check, Electronic transfer
Bank Wire Transfer ACH Debit card
Withdrawal Methods
Wire transfer, Check, Electronic transfer
Debit card Bank Wire transfer
Other E-Wallets Supported
No
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education, Market Insights, Webinars, Online Trading Courses, Strategy Development and Backtesting
Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators
Fees & Commissions
Trading-Related Fees
Commission- Stocks and ETFs- $0, Stock options- $0 Commission + $0.60 per contract, Future options- $0 Commission + $0.60 per contract, Micro futures- $0 Commission + $0.50 per contract, per side, Futures- $0 Commission + $1.50 per contract, per side
Spread starts from 0.0, commission- $30 per 1M
Spread (typical, fixed, variable)
Variable
Typical
Per Lot Fees
NA
NA
Options Contract Fees
$0 Commission + $0.60 per contract
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
No
50:1
Non-Trading Fees
Dormant Fees
$10 per month
10 units of the currency for inactivity atleast 12 months.
Subscription Fees (for premium features, data feeds)
TradeStation platform - $149.95 / month, Without Brokerage Account- $99.99 / month $199.99 for professionals, folio-level strategy back-testing tool - $59.95 / month
$0
Advisory Fees
$25
$0
Swap Fees (Overnight Financing)
NA
Vary on instruments and change on a daily basis
Statement or Document Fee
$1 per page
$0
Account Opening Fee
$0
$0
Account Maintenance Fee
$35 per year
$0
Deposit Fee
$0
$0
Currency Conversion Fee
Starts from $0.35
0.50%
Withdrawal Fee
Wire transfer- $25- $35
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
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
9:30 am ET to 4:00 pm ET
All FX products - Sunday 17:05 - Friday 16:59 Cryptocurrency - 24/7
Customer Support
Support Hours (e.g., 24/7, weekdays only)
8:00 a.m. - 5:00 p.m. ET
24x5
Customer Support Methods (phone, email, live chat)
Phone: 800.822.0512, Live chat, E-mail: [email protected]
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
1
4
Additional Information
Headquarters Location
8050 SW 10th Street, Suite 2000. Plantation, FL 33324
Dashwood House 64, Old Broad Street London EC2M 1QS
Complaints (for crypto brokers)
No
No
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