Online brokers compared for fees, trading platforms, safety and more. See how AvaTrade stacks up against Oanda!
Last update of data—Sep 2022
AvaTrade is a global forex and CFD broker. It is regulated by several financial authorities globally, including the Central Bank of Ireland and Australia's ASIC.
Oanda is a US forex broker. It is regulated by top-tier authorities like the UK FCA and Australia's ASIC.
Recommended for forex and CFD traders looking for an option to use MetaTrader platforms.
Recommended for forex traders who value a user-friendly platform and great research tools.
AvaTrade
AvaTrade is a global forex and CFD broker. It is regulated by several financial authorities globally, including the Central Bank of Ireland and Australia's ASIC.
Recommended for forex and CFD traders looking for an option to use MetaTrader platforms.
Oanda
Oanda is a US forex broker. It is regulated by top-tier authorities like the UK FCA and Australia's ASIC.
Recommended for forex traders who value a user-friendly platform and great research tools.
AvaTrade's service is on par with Oanda's and a comparison of their fees shows that AvaTrade's fees are slightly higher than Oanda's.
Account opening takes somewhat less effort at AvaTrade compared to Oanda, deposit and withdrawal processes are about the same quality at AvaTrade, while customer service quality is similar to Oanda's.
Our experts rated the trading platform of AvaTrade as somewhat worse than the platform of Oanda, found that clients have access to slightly more markets and products with AvaTrade, while Oanda provides just about the same quality of research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Brokers displayed might not be available in United States.