Online brokers compared for fees, trading platforms, safety and more. See how Oanda stacks up against TradeStation!
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.
TradeStation is a US stockbroker regulated by FINRA, a top-tier US regulatory body.
Recommended for forex traders who value a user-friendly platform and great research tools.
Recommended for traders focusing on US markets and buy-and-hold investing.
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.
TradeStation
TradeStation is a US stockbroker regulated by FINRA, a top-tier US regulatory body.
Recommended for traders focusing on US markets and buy-and-hold investing.
Oanda's service is on par with TradeStation's and a comparison of their fees shows that Oanda's fees are similar to TradeStation's.
Account opening takes somewhat more effort at Oanda compared to TradeStation, deposit and withdrawal processes are more seamless at Oanda, while customer service quality is somewhat better than TradeStation's.
Our experts rated the trading platform of Oanda as somewhat better than the platform of TradeStation, found that clients have access to less markets and products with Oanda, while TradeStation provides just about the same quality of 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.