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Compare DEGIRO vs Oanda


Online brokers compared for fees, trading platforms, safety and more. See how DEGIRO stacks up against Oanda!

DEGIRO vs Oanda
overall rating
4.7 / 5.0
4.2 / 5.0
overall pros
  • One of the lowest fees in the market
  • Broad access to international markets
  • Easy to use web and mobile platform
  • Easy-to-use web trading platform
  • Easy and digital account opening
  • Powerful research tools
overall cons
  • Limited research and education
  • No forex trading
  • No credit/debit card deposit and withdrawal
  • Only FX, and some CFDs
  • Poor customer service
  • Pricey withdrawal
fees
5 stars
  • Low trading fees
  • Low non-trading fees
  • No withdrawal fee
  • At some ETFs, one free trade per month
  • Yearly service fee for mutual funds
  • Higher trading fees for Asian and smaller European stock exchanges
3 stars
  • Low trading fees
  • Withdrawal fee
  • High financing rate
  • Financing rate calculation is non-transparent
account opening
5 stars
  • Fully digital account opening
  • No minimum account balance
  • User-friendly
4 stars
  • Fast account opening
  • Fully digital account opening
  • No minimum account balance
  • Sales team pushy
  • It can take up to 3 business days
deposit and withdrawal
3 stars
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card deposit and withdrawal not available
4 stars
  • Several account base currencies
  • User-friendly
  • First withdrawal is free for credit/debit cards and electronic wallets
  • High withdrawal fee
  • Slow funding and withdrawal - over 3 days
web trading platform
4 stars
  • User-friendly
  • Two-step (safe) login
  • Looks nice
  • Limited customizability (for charts, workspace)
  • No price alerts
5 stars
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No price alerts
mobile trading platform
4 stars
  • User-friendly
  • Two-step (safe) login
  • Good variety of order types
  • Order confirmation
  • Available in several languages
  • No price alerts
4 stars
  • Two-step (safe) login
  • Price alerts
  • Does not look nice
desktop trading platform
-
3 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Two-step (safe) login
  • Not user-friendly
  • Poor search function
markets and products
3 stars
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
1 stars
  • Forex
  • CFD
research
2 stars
  • User-friendly
  • No analyst recommendations for stocks, bonds, etc.
  • No fundamental data available
  • No/limited set of analytic tools
4 stars
  • Good interactive chart
  • Good set of analytical tools
  • Great API offer
  • No analyst recommendations for stocks, bonds, etc.
  • No fundamental data available
  • Research tool are not at one place
customer service
3 stars
  • Available in local languages
  • Relevant and fast telephone support
  • No live chat
  • No 24/7 availability
  • Not reliable email answer
3 stars
  • Live chat
  • Available from Sunday to Friday
  • Slow support
  • Irrelevant answers
education
2 stars
  • Trading platform tutorial videos
  • Educational videos
  • No demo account
  • Only in the UK and NL
  • Missing educational texts
4 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Videos can be better organized
  • Regulated by top tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Regulated by top tier financial authority
  • High level of investor protection
  • Negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Price-sensitive buy and hold investors and traders looking for only execution Forex traders that prefer a user-friendly platform and great research tools