eToro vs OANDA, for 2025
Read our In-Depth eToro vs OANDA Review - 2025 Update
This eToro vs OANDA review has been updated for 2025 by knowledgeable insiders boasting extensive expertise across Social Trading, Forex, & 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
Each online trading platforms will have some pros and cons, and any comprehensive review of eToro and OANDA cannnot be complete without having an objective perspective.
Compare eToro and OANDA in order to understand the way these platforms line up with each other before you open an account. Performing a comparative analysis can place factors into perspective so that you are informed about the expectations.
So you are looking for a broker and are choosing between eToro or OANDA. Which one is best in 2025?
This eToro vs OANDA comparison contains the latest information so you can easily compare OANDA against eToro.
If you are a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll get proficient at all of the concepts of broker as you keep trading. For starters, you have to select the right broker who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. eToro and OANDA are two such stages that will take you and your investment to great heights. It's crucial to compare eToro vs OANDA until 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 full eToro vs OANDA Review covers all you need to know about trading with either eToro or OANDA. A fantastic agent can multiply your first investments and provide you favorable profits. If you would like to make profits, you must trade with a broker service that contrasts with your investment goals.
There is no sure-fire method to guarantee profits; therefore, you must carefully analyze your broker before you select them. It is a common misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments in danger.
eToro and OANDA are both brokers which have found their way successfully to the brokerage world. In this review, we've attempted to collate some of the important facets of both eToro and OANDA. This review can allow you to understand whether either OANDA or eToro is a fantastic match for your investments or not. We have tried to breakdown all of the features and charges for your advantage.
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 has around 100 financial instruments while OANDA has around 100 financial instruments on their platform.
The more instruments you can trade on the eToro and OANDA 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 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 an online trading platform simply is a sign of a professional broker. eToro and OANDA have the following contact details and social medias that you can use.
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Broker | eToro | OANDA |
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
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of eToro 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 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. 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
eToro vs OANDA - Awards
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Broker | eToro | OANDA |
Awards |
eToro have won a lot of industry awards over the time they have been running as a financial broker. We detail the most recognised 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 headquaters 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 circumstances, 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 option.
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 powerful collection of rules for ensuring honest trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare eToro vs OANDA Commission And Fees
eToro and OANDA are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 types of penalties for this purpose.
The first sort of charges to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these cases, you're spending a spread, financing rate, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are those that are billed when you maintain a leveraged position for longer than a day.
Apart from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake in your account. They are charged for operations like depositing cash, not trading for long periods, or withdrawals.
Generally, neither eToro or OANDA charge high fees compared to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, such as weekly or daily trading.
But, non-trading fees billed by eToro and OANDA are relatively greater. As a result, you are billed more for non-trading activities on your trading account, such as deposits and withdrawal. These are not related to the purchase and sale of assets.
This eToro vs OANDA review for 2025 breaks down each of the applicable 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 element when comparing online brokers to find your perfect broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key part of success when trading online.
Below you can find 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 most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users eToro and OANDA are active on their platform
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?