Compare Internaxx vs Oanda


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

Internaxx vs Oanda
overall rating
3.4
4.6
overall pros
  • Great research by Morningstar
  • Outstanding investment fund offering
  • Good customer service
  • Generally low fees
  • Easy-to-use web trading platform
  • Easy and digital account opening
overall cons
  • High fees
  • Slow and not fully digital account opening process
  • Limited education materials
  • Only FX and some CFDs
  • Poor customer service
  • High bank withdrawal fee
fees
1.5
  • Low fund fees
  • No withdrawal fee
  • High trading fees
  • High stock and ETF fees
  • Inactivity fee
4.5
  • Low trading fees
  • Low forex fees
  • No withdrawal fee
  • No withdrawal fee in most cases
  • High withdrawal fee for bank transfers
account opening
1.3
  • No minimum deposit
  • Low minimum deposit
  • Slow
  • Not fully digital
  • Not user-friendly
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Issues with ID verification can slow account opening
deposit and withdrawal
3.0
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
  • Slow withdrawal - over 3 days
4.2
  • Credit/Debit card available
  • No deposit fee
  • Withdrawal is free for PayPal and for the first debit card transaction each month
  • High withdrawal fee for bank transfers
web trading platform
2.8
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • No price alerts
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • No price alerts
mobile trading platform
3.3
  • User-friendly
  • Good search function
  • No two-step (safer) login
  • No price alerts
  • No Touch/Face ID login
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No Touch/Face ID login
desktop trading platform
3.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No price alerts
markets and products
3.1
  • Stock
  • ETF
  • Fund
  • Crypto
1.5
  • Forex
  • CFD
research
4.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
4.8
  • Good interactive chart
  • Quality news flow
  • User-friendly
  • Great API
  • Research tools are poorly organized
customer service
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
3.4
  • Phone support
  • Live chat
  • No 24/7 support
  • Speed could be improved
education
0.5
  • No demo account
  • No trading platform tutorial videos
  • No educational videos
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Materials are not well-organized
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Buy-and-hold investors with relatively large amounts to invest Forex traders who value a user-friendly platform and great research tools
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