Trading 212 vs Oanda : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Trading 212

Oanda

Broker Overview

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

STP broker

Market maker

Years of Existence / Established Year

2003

1996

Customer Base / Number of Accounts

3 million- lifetime funded account

50M

Regulation & Security

Regulations (governing bodies)

FCA, CySEC, ASIC, FSC

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

Awards Won (count for the last 2 years)

No major awards listed

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

Security Measures

ICF

SIPC

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

13,000+ Global stocks and ETFs

68+ major currency pairs

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Yes

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Trading 212 web and mobile trading platform

Oanda Mobile and Tablet apps

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Invest, CFD, Stock ISA, and cash ISA

Standard account Corporate account Professional trading account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

£1, €1, $1

Leverage Available

1:30

50:1

Trade Limit (maximum per trade)

Depends on the assets class

Varies by instrument

Commission (per account type)

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

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

Beginners to experienced traders

Only experienced

Deposit & Withdrawal Options

Deposit Methods

Bank transfer, Instant bank transfer, Card payments, Online banking PL, Carte Bleue, Blik, Direct e-banking, e-wallets

Bank Wire Transfer ACH Debit card

Withdrawal Methods

Bank transfer, Instant bank transfer, Card payments, Online banking PL, Carte Bleue, Blik, Direct e-banking, e-wallets

Debit card Bank Wire transfer

Other E-Wallets Supported

Apple Pay, Google Pay, PayPal, iDEAL

Tools & Educational Resources

Economic Calendar

Yes

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

Trading Academy, Market News and Analysis, Webinars, Video Tutorial, Trading Guides and eBooks

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

Fees & Commissions

Trading-Related Fees

FX fees- 0.5%

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

Spread (typical, fixed, variable)

Variable

Typical

Per Lot Fees

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

1:30

50:1

Non-Trading Fees

Dormant Fees

10 units of the currency for inactivity atleast 12 months.

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Vary on instruments and change on a daily basis

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

0.70%

Currency Conversion Fee

0.15%

0.50%

Withdrawal Fee

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

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

pre-market session from 04:00 - 09:30 ET, regular trading from 09:30 - 16:00 ET, after-hours session from 16:00 - 20:00 ET

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

Customer Support

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

24/7

24x5

Customer Support Methods (phone, email, live chat)

Live chat, E-mail- [email protected] Phone- +447385762101

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

18+

Additional Information

Headquarters Location

Aldermary House, 10-15 Queen Street, London, EC4N 1TX.

Dashwood House 64, Old Broad Street London EC2M 1QS

Complaints (for crypto brokers)

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.

Trading 212 is known for competitive pricing on basic trades, especially for beginners. However, Oanda fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.

While Trading 212 prioritizes fast registration with minimal steps, Oanda focuses on a thorough vetting process that gives more flexibility in choosing account types and features.

New traders may find Trading 212 interface more welcoming, while Oanda appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.

Trading 212 delivers a robust ecosystem for seasoned traders, whereas Oanda focuses on ease of access and modern usability.

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