eToro vs OANDA, 2025 Update
Read our In-Depth eToro vs OANDA Review - 2025 Update
This comprehensive analysis of eToro and OANDA has been refreshed for 2025 from industry experts with significant expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of eToro vs OANDA does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
OANDA Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs OANDA
Every trading platforms feature certain pros and cons, so any comprehensive review of eToro and OANDA should not be complete without having an objective perspective.
Compare OANDA and eToro to get a better understanding of just how they compare with each other before you open an account. A comprehensive comparison helps to bring aspects in perspective to ensure that you're informed about what you should anticipate.
So you are looking for a broker and are choosing between eToro or OANDA. Who is better in 2025?
Our eToro vs OANDA comparison contains the most recent information so you can easily compare OANDA against eToro.
If you are a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You'll get proficient at all of the concepts of broker as you keep trading. For starters, you have to choose the ideal agent who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. eToro and OANDA are two such platforms that will take you along with your investment to great heights. It's crucial to compare eToro vs OANDA before you trust them with your money.
Our eToro vs OANDA comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and OANDA side by side.
Our entire eToro vs OANDA Review covers everything you will need to know about trading with either eToro or OANDA. A good broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you select them. It's a common misconception that all agents are the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
eToro and OANDA are both brokers which have paved their way successfully to the broker world. Within this review, we've tried to collate a number of the vital aspects of both eToro and OANDA. This review will help you to know whether either OANDA or eToro is a good fit for your own investments or not. We have tried to breakdown all the qualities and charges for your convenience.
Benefits of eToro and OANDA Compared
eToro offers a minimum deposit of $50 while OANDA offers a $1 minimum deposit.
Why smaller minimum deposits are good and how eToro 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.
eToro allows you to trade around 100 financial instruments whilst OANDA has around 100 financial instruments on their platform.
The more instruments you can trade on the eToro 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 should never want to miss out on a trading opportunity due to the limitations of eToro or OANDA.
eToro and OANDA Contact Details
Being able to contact your broker easily is important. eToro and OANDA have the following contact details and social medias that you can use.
Broker | eToro | OANDA |
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Telephone Number | ||
support@etoro.com | ||
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
eToro Twitter Account | OANDA Twitter Account | |
eToro Facebook Page | OANDA Facebook Page | |
eToro Instagram Account | OANDA Instagram Account | |
eToro LinkedIn Page | OANDA LinkedIn Page | |
YouTube | eToro YouTube Channel | OANDA YouTube Channel |
Find Out More |
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OANDA and eToro 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.
This part of comparing eToro and OANDA will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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?
eToro vs OANDA - Awards
Broker | eToro | OANDA |
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Awards |
eToro have won several industry awards over the time they have been operating as an online trading platform. We detail the most notable awards for eToro 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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eToro vs OANDA - Frequently Asked Questions
eToro vs OANDA - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
OANDA was founded in 1996 and has its head office in United States, Canada.
What is the minimum deposit for OANDA or eToro
The minimum deposit for eToro is $50.
The minimum deposit for OANDA is $1.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and OANDA are a good choice.
eToro vs OANDA - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
OANDA is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).
Both eToro and OANDA have a strong collection of rules for ensuring honest trading on their platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare eToro vs OANDA Commission And Fees
eToro and OANDA are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an online broker is not necessarily affected by the number of customers they have.
However, this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily three different types of fees for this purpose.
The first kind of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In these instances, you're spending a spread, financing rate, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are those that are charged when you maintain a leveraged position for longer than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake in your account. They're billed for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither eToro or OANDA charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often trade, for example weekly or daily trading.
But, non-trading fees charged by eToro and OANDA are relatively lower. As a result, you're billed more for non-trading actions in your trading accounts, such as deposits and withdrawal. These aren't about the sale and purchase of assets.
This eToro vs OANDA review for 2025 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For eToro And OANDA
What Languages Do eToro And OANDA Support?
Being able to chat completely with your online platform is a key way of comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you can find all the languages that both eToro and OANDA offer communication in.
How Many Clients Do eToro and OANDA Have?
Both eToro and OANDA are well established with their client base. It is important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients eToro and OANDA are working with
What Payment Methods Do eToro and OANDA Accept?
eToro 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 eToro and OANDA
What Can You Trade With eToro and OANDA?
eToro offers 100 trading instruments whilst OANDA offers 100.
Below you will find a full breakdown of what both eToro and OANDA offer.
eToro Review
eToro vs OANDA:
Table Of Contents
- Compare eToro vs OANDA
- Benefits of eToro and OANDA Compared
- OANDA and eToro Mobile App Comparison
- eToro vs OANDA - Awards
- eToro vs OANDA - Frequently Asked Questions
- What is the minimum deposit for OANDA or eToro
- eToro vs OANDA - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And OANDA
- What Languages Do eToro And OANDA Support?
- How Many Clients Do eToro and OANDA Have?
- What Payment Methods Do eToro and OANDA Accept?
- What Can You Trade With eToro and OANDA?