PUPRIME vs OANDA, Who's The Best?
Read our In-Depth PUPRIME vs OANDA Review - Updated for 2023
This PUPRIME vs OANDA review has been revised for 2023 by seasoned professionals boasting years of expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of PUPRIME vs OANDA does not apply to all countries as follows:
PUPRIME Excluded Countries
Singapore, United States of America, Australia, Afghanistan, Albania, American Samoa, Belarus, Bermuda, Bosnia and Herzegovina, Botswana, Central African Republic, China, Cuba, Democratic Republic of the Congo, Egypt, Eritrea, Guinea Bissau, Iran, Iraq, Lebanon, Libya, Montenegro, Myanmar, Democratic Peoples Republic of Korea, Russian Federation, Serbia, Sierra Leone, Somalia, Sudan, Syrian Arab Republic, Tunisia, Ukraine, US Virgin Islands, Yemen, and Zimbabwe.
OANDA Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare PUPRIME vs OANDA
Each online trading platforms feature some pros and cons, so a complete PUPRIME and OANDA review cannnot be complete without embracing an objective perspective.
Assess OANDA and PUPRIME to understand how they stack up with each other prior to you open an account. Conducting a comprehensive comparison can put things into perspective so that you remain cognizant of what you should anticipate.
So you are looking for a broker and are choosing between PUPRIME or OANDA. Which one is best in 2023?
This PUPRIME vs OANDA comparison contains the latest information so you can easily compare OANDA against PUPRIME.
If you are a new entrant in the realm of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You will acquire adept at all the concepts of brokerage since you continue trading. For starters, you need to select the ideal agent who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. PUPRIME and OANDA are two such trading platforms that will take you and your investment into great heights. It's important that you compare PUPRIME vs OANDA before you trust them with your money.
Our PUPRIME vs OANDA comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust PUPRIME and OANDA side by side.
Our full PUPRIME vs OANDA Review covers everything you need to know about trading using either PUPRIME or OANDA. A good agent can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investing goals.
There is no sure-fire way to ensure profits; thus, you must carefully analyze your broker before you select them. It's a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can set your investments in danger.
PUPRIME and OANDA are both brokers that have forged their way successfully into the brokerage world. In this review, we have tried to collate some of the important aspects of both PUPRIME and OANDA. This review can help you to understand whether either OANDA or PUPRIME is a fantastic match for your investments or not. We have tried to breakdown all the features and charges for your convenience.
Benefits of PUPRIME and OANDA Compared
PUPRIME has a minimum deposit of $50 while OANDA has a $1 minimum deposit.
Why smaller minimum deposits are good and how PUPRIME and OANDA compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
PUPRIME allows you to trade around 1500 financial instruments whilst OANDA allows you to trade around 1500 financial instruments on their platform.
The more financial instruments you can trade on the PUPRIME and OANDA trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of PUPRIME or OANDA.
PUPRIME and OANDA Contact Details
Being able to contact your broker simply is important. PUPRIME and OANDA have the following contact details and social medias that you can use.
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Broker | PUPRIME | OANDA |
Telephone Number | +248 4671 948 | |
info@puprime.com | ||
Address | 9A, CT House, Providence, Mahe, Seychelles. | |
PUPRIME Twitter Account | OANDA Twitter Account | |
PUPRIME Facebook Page | OANDA Facebook Page | |
PUPRIME Instagram Account | OANDA Instagram Account | |
PUPRIME LinkedIn Page | OANDA LinkedIn Page | |
YouTube | PUPRIME YouTube Channel | OANDA YouTube Channel |
Find Out More |
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OANDA and PUPRIME Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of PUPRIME and OANDA we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
PUPRIME vs OANDA - Awards
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Broker | PUPRIME | OANDA |
Awards |
PUPRIME have won numerous industry awards over the years they have been running as an online trading platform. We detail the most recognised awards for PUPRIME here.
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At the time of writing this OANDA review, and despite OANDA’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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PUPRIME vs OANDA - Frequently Asked Questions
PUPRIME vs OANDA - Headquarters And Year Of Founding
PUPRIME was founded in 2015 and has its head office in Seychelles.
OANDA was founded in 1996 and has its head office in United States, Canada.
What is the minimum deposit for OANDA or PUPRIME
The minimum deposit for PUPRIME is $50.
The minimum deposit for OANDA is $1.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both PUPRIME and OANDA are a good choice.
PUPRIME vs OANDA - Regulation And Licencing In More Detail
PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218.
OANDA is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).
Both PUPRIME and OANDA have a strong collection of rules for ensuring fair trading onto their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare PUPRIME vs OANDA Commission And Fees
PUPRIME and OANDA are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. In other words, an internet broker isn't necessarily affected by the amount of clients they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of penalties for this objective.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In such instances, you are paying a spread, funding rate, or even a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight prices are those who are billed when you hold a leveraged position for more than daily.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your account. They're charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither PUPRIME or OANDA charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who regularly trade, for example weekly or daily trading.
However, non-trading fees charged by PUPRIME and OANDA are relatively greater. Consequently, you're charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These are not about the purchase and sale of assets.
This PUPRIME vs OANDA review for 2023 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For PUPRIME And OANDA
What Languages Do PUPRIME And OANDA Support?
Being able to communicate easily with your online broker is a key part of comparing brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you will find all the languages that both PUPRIME and OANDA support.
How Many Clients Do PUPRIME and OANDA Have?
Both PUPRIME and OANDA are well known and trusted. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers PUPRIME and OANDA have
What Payment Methods Do PUPRIME and OANDA Accept?
PUPRIME and OANDA both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at PUPRIME and OANDA
What Can You Trade With PUPRIME and OANDA?
PUPRIME offers 1500 trading instruments while OANDA offers 100.
Below you will find a full breakdown of what both PUPRIME and OANDA offer.
PUPRIME Review
PUPRIME vs OANDA:
Table Of Contents
- Compare PUPRIME vs OANDA
- Benefits of PUPRIME and OANDA Compared
- OANDA and PUPRIME Mobile App Comparison
- PUPRIME vs OANDA - Awards
- PUPRIME vs OANDA - Frequently Asked Questions
- What is the minimum deposit for OANDA or PUPRIME
- PUPRIME vs OANDA - Regulation And Licencing In More Detail
- Compare Broker Fees For PUPRIME And OANDA
- What Languages Do PUPRIME And OANDA Support?
- How Many Clients Do PUPRIME and OANDA Have?
- What Payment Methods Do PUPRIME and OANDA Accept?
- What Can You Trade With PUPRIME and OANDA?