Basic data of broker
Recommended for Forex traders who value a user-friendly platform and great research tools
Recommended for Options and futures traders focusing on US markets
Best options trading platform
USA
USA
Fees
Low CFD and forex trading fees, average non-trading fees
Low trading and non-trading fees, no inactivity fee
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
9
1
Deposit type
Withdrawal type
Account opening
$0
$0
1-3 days
1 day
Proof of identity: ID / passport Proof of residency: bank statement / utility bill
Proof of identity: ID / passport Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 78.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
£85k to UK, €20k to EU clients, CAD 1mn to Canadian, and $0 to other clients
$500k (securities up to $500k, cash up to $250k)
£85k to UK, €20k to EU clients, CAD 1mn to Canadian, and $0 to other clients
$500k (securities up to $500k, cash up to $250k)
1996
2017
US, UK, Australia, Singapore, Canada, Malta, Japan, British Virgin Islands
USA
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
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.
Oanda's service is on par with tastytrade's and a comparison of their fees shows that Oanda's fees are similar to tastytrade's.
Account opening takes somewhat more effort at Oanda compared to tastytrade, deposit and withdrawal processes are more seamless at Oanda, while customer service quality is similar to tastytrade's.
Our experts rated the trading platform of Oanda as somewhat better than the platform of tastytrade, found that clients have access to less markets and products with Oanda, while tastytrade provides somewhat better research and education.