Written by ForexBrokers.com
In this head to head comparison of OANDA vs AvaTrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
OANDA and AvaTrade are well-recognized online brokers with a strong presence in the financial market. Founded in 1996, OANDA has established itself as a trusted entity, holding seven Tier-1 licenses. This reflects its commitment to maintaining high regulatory standards. AvaTrade, founded in 2006, also shows a substantial level of trustworthiness with four Tier-1 licenses and three Tier-2 licenses. Both brokers are not publicly traded and do not operate as banks, focusing solely on providing comprehensive trading services.
When considering trust scores, OANDA has earned a highly respectable rating of 93 out of 99, indicating a strong level of security and reliability. AvaTrade slightly surpasses this with a score of 94 out of 99, showcasing its dedication to maintaining a secure trading environment. These scores suggest that both OANDA and AvaTrade are considered highly trusted brokers, offering traders a secure platform backed by solid regulatory credentials.
| Feature |
OANDA
|
AvaTrade
|
|---|---|---|
| Year Founded | 1996 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 4 |
| Tier-2 Licenses | 0 | 3 |
| Tier-3 Licenses | 0 | 1 |
| Tier-4 Licenses | 1 | 1 |
AvaTrade generally offers lower typical trading costs than OANDA for forex. As of June 2024, AvaTrade’s average spread is about 0.9 pips (near the industry average), while OANDA’s average non-core EUR/USD spread was 1.61 pips in July 2024. Ratings and rankings reflect this gap: AvaTrade earns 4.5/5 stars and ranks #13 of 63 brokers for Commissions and Fees, whereas OANDA earns 4/5 stars and ranks #35 of 63.
OANDA’s default pricing has higher effective spreads, but its “core pricing” plan can trim costs. Core pricing adds a commission of $5 per side per $100,000 traded (about $10 per round turn) and requires a $10,000 minimum deposit. Example: if default EUR/USD is 1.6 pips and core pricing is 0.4 pips, adding the commission (about 1.0 pip total) puts the all-in cost around 1.4 pips—slightly cheaper than default. OANDA also allows ultra-small trade sizes down to 1 unit, offers volume rebates of $5–$17 per million for high-volume traders (10M+), and publishes trailing average spreads (though not fixed-period averages, which can make comparisons tricky).
AvaTrade’s standard spreads sit at roughly 0.9 pips and are a touch higher than what some entry-level accounts at CMC Markets and Tickmill offer. If you qualify as a professional client, AvaTrade’s Professional account advertises spreads around 0.6 pips, comparable to FP Markets. For many retail traders, this pricing makes AvaTrade the cheaper pick versus OANDA on typical forex pairs, while professionals may see additional savings on the pro tier.
| Feature |
OANDA
|
AvaTrade
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.69 | 0.93 |
| All-in Cost EUR/USD - Active | 1.69 | 0.61 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
OANDA and AvaTrade both offer forex trading via CFDs and/or spot contracts. OANDA stands out for sheer variety, with 4,172 tradeable symbols and 69 currency pairs, compared to AvaTrade’s 1,260 symbols and 53 pairs. For Range of Investments, both are rated 4 out of 5 stars by ForexBrokers.com; OANDA ranks 28th out of 63 brokers in this category, while AvaTrade ranks 33rd.
When it comes to asset access, OANDA lets you buy exchange-traded securities on both U.S. and international exchanges—so you can purchase shares like Apple or Vodafone directly—whereas AvaTrade does not offer direct share dealing. Both support copy trading. For crypto, OANDA offers both actual (delivered) cryptocurrency and crypto CFDs, while AvaTrade offers crypto CFDs only. Availability can vary by region and account type.
| Feature |
OANDA
|
AvaTrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 1260 |
| Forex Pairs (Total) | 69 | 53 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Comparing online brokers OANDA and AvaTrade on trading platforms and tools shows plenty of overlap. Both offer a free demo account for paper trading, a proprietary platform built in-house, and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on the web or via a Windows desktop download, use copy trading, and place orders directly from charts. Each broker also includes charting with technical indicators and the ability to build watch lists.
For quality of tools, AvaTrade holds a slight edge: it earns 4.5 stars and ranks #13 out of 63 brokers for Trading Platforms and Tools on ForexBrokers.com, while OANDA earns 4 stars and ranks #15. If you want the higher-rated toolset, AvaTrade may be the better pick. If you prefer OANDA’s platform style and feature mix, it remains a strong option with wide platform coverage and key tools traders expect.
| Feature |
OANDA
|
AvaTrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 89 | 80 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and AvaTrade both offer full-featured mobile trading apps for iPhone and Android, and each supports price alerts. Key differences show up in day-to-day use: AvaTrade syncs watchlists with your online account, while OANDA does not. For charting, AvaTrade includes 73 technical studies versus OANDA’s 30. Both let you draw trendlines, but only OANDA auto-saves your drawings, which is helpful if you frequently annotate charts.
When it comes to third-party scores, OANDA earns 5 stars and ranks #7 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while AvaTrade earns 4.5 stars and ranks #13. Choose AvaTrade if you want more built-in indicators and watchlist syncing across devices. Pick OANDA if auto-saving chart drawings and a higher overall mobile app rating matter more to you.
| Feature |
OANDA
|
AvaTrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 73 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
OANDA vs AvaTrade: market research comparison. OANDA stands out with daily market commentary and a 5-star Research rating, ranking #4 out of 63 brokers by ForexBrokers.com. AvaTrade doesn’t publish daily commentary and holds a 4-star Research rating, ranked #35. Both brokers stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, helping traders stay on top of market-moving headlines.
When it comes to research tools, OANDA includes Autochartist for technical and fundamental insights, while AvaTrade offers Trading Central instead. Both brokers provide a sentiment tool showing long/short ratios and feature an economic calendar for upcoming events. Neither broker integrates TipRanks or Acuity Trading. If you value daily analysis and Autochartist, OANDA is the better fit; if you prefer Trading Central, AvaTrade is worth a look.
| Feature |
OANDA
|
AvaTrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
OANDA and AvaTrade both provide beginner-friendly forex and CFD education that meets the bar of at least 10 dedicated pieces, spanning articles, videos, and archived webinars. Each broker hosts client webinars at least once a month. For video learners, both offer at least 10 beginner videos to cover the basics, plus at least 10 advanced videos for more experienced topics, so you can grow your skills over time without switching platforms.
In independent evaluations, OANDA earns 5 stars for Education and ranks #19 out of 63 brokers on ForexBrokers.com, while AvaTrade earns 4 stars and ranks #2 out of 63. For beginners comparing OANDA vs. AvaTrade, both deliver deep learning options; OANDA stands out for its five-star score, and AvaTrade is highly placed in the category rankings. Your choice may come down to whether you value the top star rating (OANDA) or the higher overall ranking (AvaTrade).
| Feature |
OANDA
|
AvaTrade
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that OANDA is better than AvaTrade. OANDA finished with an overall rank of #12, while AvaTrade finished with an overall rank of #13.
A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.
| Feature |
OANDA
|
AvaTrade
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 94 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
OANDA vs AvaTrade: OANDA allows you to buy actual (delivered) cryptocurrencies and trade cryptocurrency CFDs, whereas AvaTrade supports cryptocurrency CFDs only and does not offer direct ownership of coins.
Comparing online brokers OANDA and AvaTrade: both support PayPal, Skrill, and bank wire deposits and withdrawals, but only OANDA offers ACH/SEPA transfers while AvaTrade does not.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | OANDA | AvaTrade | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 94 | |
| Winner | check_circle | ||
| Review | OANDA Review | AvaTrade Review |
| Broker Screenshots | OANDA | AvaTrade | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | OANDA | AvaTrade | |
|---|---|---|---|
| Trust Score | 93 | 94 | |
| Year Founded | 1996 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 4 | |
| Tier-2 Licenses | 0 | 3 | |
| Tier-3 Licenses | 0 | 1 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | OANDA | AvaTrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | Yes | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | OANDA | AvaTrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | Yes | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | OANDA | AvaTrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 1260 | |
| Forex Pairs (Total) | 69 | 53 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | OANDA | AvaTrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.69 | 0.93 | |
| All-in Cost EUR/USD - Active | 1.69 | 0.61 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | OANDA | AvaTrade | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | OANDA | AvaTrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | OANDA | AvaTrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 80 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | AvaTrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 73 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | AvaTrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | AvaTrade | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | OANDA | AvaTrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | OANDA Review | AvaTrade Review |
| Overall | OANDA | AvaTrade | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 94 | |
| Winner | check_circle | ||
| Review | OANDA Review | AvaTrade Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill