Compare Oanda vs TradeStation Global


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

Oanda vs TradeStation Global
overall rating
4.6
4.6
overall pros
  • Generally low fees
  • Easy-to-use web trading platform
  • Easy and digital account opening
  • Low trading fees
  • Wide range of products
  • Fast and relevant customer service
overall cons
  • Only FX and some CFDs
  • Poor customer service
  • High bank withdrawal fee
  • Not user-friendly deposit and withdrawal
  • Complicated account opening
  • Limited education materials
fees
4.5
  • Low trading fees
  • Low forex fees
  • No withdrawal fee
  • No withdrawal fee in most cases
  • High withdrawal fee for bank transfers
4.1
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High fund fees
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Issues with ID verification can slow account opening
2.8
  • Fast
  • Fully digital
  • Minimum deposit is higher than $500
  • Not user-friendly
deposit and withdrawal
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
2.5
  • No deposit fee
  • Several account base currencies
  • No charge for the first withdrawal every month.
  • Credit/Debit card not available
  • Not user-friendly
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • No price alerts
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
  • Difficult to set the alerts
mobile trading platform
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No Touch/Face ID login
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
desktop trading platform
3.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No price alerts
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Overly complicated installation
markets and products
1.5
  • Forex
  • CFD
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
  • Structured Products
  • Indices
  • Metals
research
4.8
  • Good interactive chart
  • Quality news flow
  • User-friendly
  • Great API
  • Research tools are poorly organized
4.3
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Limited fundamental data
customer service
3.4
  • Phone support
  • Live chat
  • No 24/7 support
  • Speed could be improved
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Materials are not well-organized
1.8
  • Trading platform tutorial
  • No educational videos
  • 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
  • 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 Traders and investors looking for low fees and a wide selection of products
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