freetrade vs OANDA, 2025 Update

Compare freetrade vs OANDA

Every trading platforms has a few pros and cons, so a complete analysis of freetrade vs OANDA should not be complete without adopting an objective perspective.

Examine OANDA and freetrade to understand the way they stack up to each before you decide to make an account. A side-by-side comparison can put things into perspective so that you're cognizant of the expectations.

So you are looking for an online trading platform and are choosing between freetrade or OANDA. Who is better in 2025?

Our freetrade vs OANDA comparison contains the latest information so you can easily compare OANDA against freetrade.

If you're a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of brokerage since you continue trading. For starters, you have to choose the ideal agent who will be transparent with you always.

Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to create hefty returns. freetrade and OANDA are just two such stages that will take you and your investment to great heights. It's important to compare freetrade vs OANDA before you trust them with your cash.

Our freetrade vs OANDA comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and OANDA side by side.

Our full freetrade vs OANDA Review covers everything you will need to learn about trading using either freetrade or OANDA. A fantastic agent can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investing goals.

There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully assess your agent before you select them. It's a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.

freetrade and OANDA are both brokers which have found their way successfully into the brokerage world. Within this review, we've tried to collate a number of the important aspects of both freetrade and OANDA. This review will allow you to know whether either OANDA or freetrade is a good fit for your investments or not. We've attempted to breakdown all of the qualities and fees for your convenience.

Benefits of freetrade and OANDA Compared

freetrade offers a minimum deposit of $0 while OANDA offers a $1 minimum deposit.

Why smaller minimum deposits are good and how freetrade 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.

freetrade has around 115 financial instruments whilst OANDA allows you to trade around 115 financial instruments on their platform.

The more financial instruments you can trade on the freetrade 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 freetrade or OANDA.

freetrade and OANDA Contact Details

Being able to contact your broker simply is a sign of a professional broker. freetrade and OANDA have the following contact details and social medias that you can use.

OANDA and freetrade 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 freetrade and OANDA we'll check whether either of their mobile apps tick all the boxes.

Overall, we rate the user-friendliness of both apps as better than average.

It is important that any trading app has user friendly capabilities especially with the

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?

freetrade vs OANDA - Awards

freetrade vs OANDA - Frequently Asked Questions

freetrade vs OANDA - Headquarters And Year Of Founding

freetrade was founded in 2016 and has its headquaters in United Kingdom.

OANDA was founded in 1996 and has its head office in United States, Canada.

What is the minimum deposit for OANDA or freetrade

The minimum deposit for freetrade is $0.

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 freetrade and OANDA are a good option.

freetrade vs OANDA - Regulation And Licencing In More Detail

freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).

OANDA is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).

Both freetrade and OANDA have a strong collection of rules for ensuring honest trading on their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).

In accordance with their own privacy policies, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare freetrade vs OANDA Commission And Fees

freetrade and OANDA are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the number 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 primarily three different types of fees for this objective.

The first sort 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're billed trading fees. In these instances, you are spending a spread, financing speed, or a commission. The kinds of trading charges and the prices vary 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. Funding or overnight prices are people who are billed when you maintain a leveraged position for longer than daily.

Apart from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake on your account. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.

In general, neither freetrade or OANDA charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who often trade, for example daily or weekly trading.

But, non-trading fees charged by freetrade and OANDA are comparatively greater. As a result, you are charged more for non-trading actions in your trading account, such as deposits and withdrawal. These are not related to the sale and purchase of resources.

This freetrade vs OANDA review for 2025 breaks down each of the applicable non-trading charges for you in detail.

Compare Broker Fees For freetrade And OANDA

What Languages Do freetrade And OANDA Support?

Being able to chat easily with your online broker is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key part of success when trading online.

Below you will find all the languages that both freetrade and OANDA offer communication in.

How Many Clients Do freetrade and OANDA Have?

Both freetrade and OANDA are well known and trusted. It is important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many clients are using their services.

Below you will find details of how many users freetrade and OANDA are active on their platform

What Payment Methods Do freetrade and OANDA Accept?

freetrade 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 freetrade and OANDA

What Can You Trade With freetrade and OANDA?

freetrade offers 115 trading instruments while OANDA offers 100.

Below you will find a full breakdown of what both freetrade and OANDA offer.