Online brokers compared for fees, trading platforms, safety and more. See how Oanda stacks up against Passfolio!
Last update of data—Dec 2022
Oanda is a US forex broker. It is regulated by top-tier authorities like the UK FCA and Australia's ASIC.
Passfolio is a US-based commission-free stockbroker focusing on Brazil. It is regulated by both FINRA and SEC, and is available globally for clients.
Recommended for forex traders who value a user-friendly platform and great research tools.
Recommended for beginners and long-term investors focusing on the US stock market.
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.
Passfolio
Passfolio is a US-based commission-free stockbroker focusing on Brazil. It is regulated by both FINRA and SEC, and is available globally for clients.
Recommended for beginners and long-term investors focusing on the US stock market.
Oanda's service is on par with Passfolio's and a comparison of their fees shows that Oanda's fees are similar to Passfolio's.
Account opening takes somewhat more effort at Oanda compared to Passfolio, deposit and withdrawal processes are more seamless at Oanda, while customer service quality is similar to Passfolio's.
Our experts rated the trading platform of Oanda as being of the same quality as the platform of Passfolio, found that clients have access to slightly less markets and products with Oanda, while Passfolio provides less useful 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.