Compare Oanda vs tastyworks

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

Oanda vs tastyworks
open account	Visit broker 74-89% of retail CFD accounts lose money	Visit broker
overall rating	4.6	4.7
overall pros	Great trading platforms Outstanding research tools Fast and user-friendly account opening	Low trading fees Great educational materials Good research tools
overall cons	Only FX and CFD available No stock exchange listing and banking background Customer support is not 24/7	Limited product selection Few deposit and withdrawal options No demo account
fees	4.1 Low forex fees First credit/debit card withdrawal per month is free Average CFD fees	4.5 Low trading fees Low stock and ETF fees / Free stock trading No inactivity fee Withdrawal fee for bank (wire) transfers
account opening	4.4 Fully digital No minimum deposit	5.0 Fast Fully digital No minimum deposit
deposit and withdrawal	4.2 Credit/Debit card available Free withdrawal No deposit fee High withdrawal fee for bank transfers and PayPal	1.9 No deposit fee User-friendly Free ACH withdrawals in the US Credit/Debit card not available Only one account base currency High fee for wire withdrawals
web trading platform	4.5 User-friendly Clear fee report Two-step (safer) login No price alerts	3.4 Clear fee report Price alerts Two-step (safer) authentication for certain functions Limited customizability (for charts, workspace) Not suited for beginners
mobile trading platform	5.0 User-friendly Two-step (safer) login Good search function No Touch/Face ID login	4.2 User-friendly Touch/Face ID login Order confirmation No price alerts
desktop trading platform	4.5 User-friendly Clear fee report Good customizability (for charts, workspace) No price alerts	3.9 Clear fee report Good customizability (for charts, workspace) Price alerts Not suited for beginners
markets and products	1.6 Forex CFD	2.6 Stock ETF Options Futures
research	4.5 Good interactive chart Data on asset fundamentals Quality news flow Great API No trading ideas Research tools are poorly organized	5.0 Good interactive chart Trading ideas Quality news flow Limited fundamental data
customer service	4.5 Phone support Live chat Fast response time No 24/7 support	5.0 Phone support Fast response time Relevant answers
education	4.5 Demo account Trading platform tutorial Educational videos Materials are not well-organized	4.5 Trading platform tutorial Educational videos Good production quality No demo account
safety	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	Majority of clients belong to a top-tier financial authority High level of investor protection Financial information is publicly available No negative balance protection Does not hold a banking license Not listed on stock exchange
recommended for	Forex traders who value a user-friendly platform and great research tools	Options and futures traders focusing on US markets

Save this comparison!

Sign up and we'll send you this comparison in email so you can dig deeper later.

First name

Email address

I acknowledge that my information will be used in accordance with the Privacy Policy and Cookie Policy

About

Discover

Follow us