Written by ForexBrokers.com
In this head to head comparison of Capital.com vs OANDA, 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.
When comparing the online brokers Capital.com and OANDA, both firms exhibit unique strengths grounded in their regulatory frameworks. Capital.com, established in 2016, operates under 3 Tier-1 licenses and 1 Tier-2 license, signifying a trusted status in the trading community. While not publicly traded or operating as a bank, Capital.com has garnered a respectable Trust Score of 87 out of 99 from ForexBrokers.com, indicating a strong position within the "trusted" category.
OANDA, which has been in operation since 1996, surpasses Capital.com in terms of regulatory licenses, holding 7 Tier-1 licenses. Like Capital.com, OANDA is privately held and not a bank. This robust regulatory compliance has earned OANDA an impressive Trust Score of 93, categorizing it as highly trusted according to ForexBrokers.com rankings. Both brokers boast significant regulatory oversight, yet OANDA's longer history and additional Tier-1 licenses contribute to its higher trust rating.
| Feature |
Capital.com
|
OANDA
|
|---|---|---|
| Year Founded | 2016 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 7 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When it comes to commissions and fees, Capital.com outshines many competitors, offering pricing that's slightly better than the industry average. With a typical spread of 0.67 pips on the EUR/USD pair as of April 2024, retail traders and qualified professional clients benefit from lower trading costs, making it an attractive option for low-cost forex trading. Capital.com has been lauded for its competitive rates, receiving a 5-star rating for commissions and fees and securing the #3 spot in the rankings out of 62 brokers by ForexBrokers.com.
In contrast, OANDA's forex trading costs are on the higher side, as indicated by bid/ask spreads that are generally higher than those of leading brokers. The average spread for non-core pricing was 1.61 pips on the EUR/USD pair in July 2024. Despite not being a discount broker, OANDA competes by offering automated execution and a core pricing option that features lower spreads but includes a commission. This core pricing approach offers a slightly more favorable all-in cost when commissions are included, but still falls behind some other platforms, earning OANDA a 4-star rating for its commissions and fees and a #34 rank in the same broker survey.
OANDA does offer some perks, such as reduced minimum trade sizes and a tiered rebate program for high-volume traders, but its transparency efforts fall short by lacking fixed-period average spread reporting. Meanwhile, Capital.com maintains its edge with straightforward pricing and consistently low spreads, solidifying its position as a top choice for traders seeking affordability and clarity.
| Feature |
Capital.com
|
OANDA
|
|---|---|---|
| Minimum Deposit | $20 | $0 |
| Average Spread EUR/USD - Standard | 0.67 | 1.61 |
| All-in Cost EUR/USD - Active | 0.67 | 1.61 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Capital.com to OANDA in terms of the available range of investments, both platforms offer forex trading as either a CFD or spot contract, catering to traders interested in currency pairs. Capital.com provides access to 3007 tradeable symbols, while OANDA goes a step further with 3928 symbols. In the realm of forex, Capital.com offers a more extensive selection with 125 tradeable forex pairs, compared to OANDA's 68 pairs. However, neither brokerage allows for the purchase of exchange-traded securities, such as shares of Apple or Vodafone, on either U.S. or international exchanges.
The platforms diverge in other areas: Capital.com lacks copy trading, whereas OANDA supports it, and only OANDA allows buying actual, delivered cryptocurrency, while both brokers offer cryptocurrency derivatives. Capital.com is rated slightly higher with 4.5 stars for its range of investments, while OANDA holds a 4-star rating. According to ForexBrokers.com, Capital.com ranks #22 out of 62 brokers in this category, eclipsing OANDA, which comes in at #27. Overall, both platforms have unique strengths, giving traders diverse options for investment strategies.
| Feature |
Capital.com
|
OANDA
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 3007 | 3928 |
| Forex Pairs (Total) | 125 | 68 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | Yes |
| Cryptocurrency (Derivative) | 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.
When comparing Capital.com and OANDA for their trading platforms and tools, both brokers offer a solid range of features that cater to different trader needs. Capital.com provides a free virtual demo account for beginners eager to test strategies without risking real money, alongside a proprietary platform, a Windows desktop platform, and a web-based platform. OANDA matches these offerings, but it also includes the advantage of copy trading, which is missing from Capital.com. Both brokers support MetaTrader 4, although OANDA extends its platform range by offering MetaTrader 5, giving traders a wider selection of tools for intricate analyzation. However, neither broker supports DupliTrade or ZuluTrade.
In terms of charting tools, Capital.com provides 18 drawing tools, which pales compared to OANDA's impressive 431 options. Both brokers allow trading directly from stock charts, making for a seamless trading experience. When it comes to watch lists, Capital.com edges ahead with 11 columns compared to OANDA's six, offering more detailed data for traders to track. Capital.com enjoys a slightly higher rating of 4.5 stars for its trading platforms and tools, ranked 11th out of 62 brokers by ForexBrokers.com. OANDA, though ranked 15th and rated 4 stars, still provides a comprehensive trading toolset that appeals to both novice and experienced traders.
| Feature |
Capital.com
|
OANDA
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 83 | 81 |
| Charting - Drawing Tools (Total) | 18 | 431 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing mobile trading apps, both Capital.com and OANDA offer fully functional iPhone and Android apps with features designed to meet the needs of modern traders. Each platform provides price alerts for both stock and forex, a must-have for staying updated on market movements. Although neither app allows for watchlist symbol syncing between the mobile app and client’s online account, they both support 30 technical studies for in-depth chart analysis, including the ability to draw trendlines. Traders can also view multiple time frames on stock or forex charts, and any drawings made on these charts are automatically saved, ensuring no loss of work.
In terms of user ratings, OANDA receives a perfect 5-star score, while Capital.com closely follows with 4.5 stars for their mobile trading apps. Both apps facilitate the creation of watchlists with real-time quotes, enhancing their usability. When it comes to industry rankings, ForexBrokers.com places OANDA at seventh out of 62 brokers for mobile trading apps, while Capital.com holds the twelfth spot. This reflects the slight edge OANDA has in terms of user satisfaction and overall performance in the mobile trading environment.
| Feature |
Capital.com
|
OANDA
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Capital.com and OANDA, both brokers impress with their comprehensive resources but cater to slightly different needs. Both firms provide daily market commentary for investors seeking timely insights. However, OANDA takes the lead in forex news, delivering updates from well-regarded sources like Bloomberg and Reuters, which might appeal to traders looking for in-depth news coverage. In contrast, Capital.com stands out with its sentiment-based trading tool and exclusive market research from TipRanks. This could be a decisive factor for traders interested in gauging market sentiment and accessing proprietary insights.
In terms of additional analysis tools, OANDA edges out Capital.com by providing technical analysis resources from Autochartist. Although neither broker offers tools from Trading Central or resources from Acuity Trading, they both feature economic calendars that keep traders informed about significant global events. OANDA's superior resource offerings result in a perfect 5-star research rating and a notable ranking of #5 out of 62 brokers according to ForexBrokers.com. Meanwhile, Capital.com still holds a respectable research rating of 4.5 stars, ranking #14. These distinctions indicate that OANDA might be more suitable for traders who prioritize extensive market analysis, while Capital.com could serve those who value specific sentiment tools and exclusive research insights.
| Feature |
Capital.com
|
OANDA
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Capital.com and OANDA, both brokers provide engaging educational resources for beginners interested in forex and CFDs. Capital.com and OANDA each offer a wide range of educational materials, including more than 10 educational pieces such as articles and videos that focus on forex and CFDs. Moreover, both platforms boast a searchable archive of past webinars, alongside a collection of beginner and advanced educational videos, aiding traders at different skill levels. Each broker also includes a comprehensive investor dictionary with over 50 investing terms, making complex trading concepts more accessible.
However, there are some distinct differences. Capital.com falls short by not hosting monthly webinars, while OANDA consistently offers these online sessions, enhancing the ongoing learning experience for their clients. As a result, OANDA earns an impressive education rating of 5 stars, slightly ahead of Capital.com's 4.5-star score. Interestingly, despite OANDA's higher education rating, Capital.com holds the #8 spot on ForexBrokers.com's ranking for education among 62 brokers, while OANDA ranks at #22. This comparison highlights that while both brokers are equipped with valuable learning tools, their approach and emphasis on interactive education differ, particularly in the context of live webinars.
| Feature |
Capital.com
|
OANDA
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Capital.com is better than OANDA. Capital.com finished with an overall rank of #10, while OANDA finished with an overall rank of #12.
Capital.com stands out for its quality research, strong educational content, and innovative web platform. Capital.com holds fewer regulatory licenses and offers a narrower range of markets than some of the best brokers, but still significantly outperforms the industry average.
| Feature |
Capital.com
|
OANDA
|
|---|---|---|
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| Trust Score | 87 | 93 |
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While OANDA offers the ability to purchase actual, delivered cryptocurrency alongside cryptocurrency derivatives, Capital.com is limited to providing access only to cryptocurrency derivatives, not the actual coins.
When comparing online brokers, Capital.com does not support ACH or SEPA transfers for funding accounts, unlike OANDA which does, although both brokers offer a variety of options including PayPal, Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals.
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.
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0 of 5| Overall Rating | Capital.com | OANDA | |
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| Trust Score | 87 | 93 | |
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| Review | Capital.com Review | OANDA Review |
| Broker Screenshots | Capital.com | OANDA | |
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| Regulation | Capital.com | OANDA | |
|---|---|---|---|
| Trust Score | 87 | 93 | |
| Year Founded | 2016 | 1996 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 7 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Capital.com | OANDA | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | Yes | |
| Singapore (MAS Authorised) | No | Yes | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | Yes | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Capital.com | OANDA | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Capital.com | OANDA | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 3007 | 3928 | |
| Forex Pairs (Total) | 125 | 68 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | Yes | |
| Cryptocurrency (Derivative) | 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 | Capital.com | OANDA | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.67 | 1.61 | |
| All-in Cost EUR/USD - Active | 0.67 | 1.61 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Capital.com | OANDA | |
|---|---|---|---|
| Minimum Deposit | $20 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Capital.com | OANDA | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Capital.com | OANDA | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 6 | |
| Charting - Indicators / Studies (Total) | 83 | 81 | |
| Charting - Drawing Tools (Total) | 18 | 431 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Capital.com | OANDA | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Capital.com | OANDA | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Capital.com | OANDA | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Capital.com | OANDA | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Capital.com Review | OANDA Review |
| Overall | Capital.com | OANDA | |
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| Trust Score | 87 | 93 | |
| Winner | check_circle | ||
| Review | Capital.com Review | OANDA Review |
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