OANDA vs TD Ameritrade

OANDA is a regulated forex broker with no minimum deposit. How does it compare to TD Ameritrade? Read our comparison chart below.

	OANDA	TD Ameritrade

	Visit Site	Learn More
	SPECIAL OFFER Earn Cash Rebates of up to $17 per Million - Learn More Read OANDA Review	OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More
	Benefits and Features
Stock Trading	No	$0 commission for online stock, ETF, and option trades
Options Trading	No	$0.65 per contract
Minimum Deposit	$0	$0
Mutual Fund Trading	No	Up to $49.95 or $74.95 for buys. $0 for sells
Commission Free ETFs	Not available	550+ Commission-Free ETFs
Live Chat Support	Yes	Yes
Penny Stocks	Not available
Broker Assisted Trades	Not available	$25
Inactivity Fee	$10/month	$0
Maintenance Fee	None	$0
Online Platform	Yes	Yes
Banking	No	Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
Mobile App	Yes	Yes
Desktop App	Yes (fxTrade)	Thinkorswim
Withdrawal Fee	$20 for bank transfer (first withdrawal processed within calendar month) and $35 (additional withdrawals)	$0
Forex Trading	Yes	Yes
Futures Trading	No	$2.25 per contract (plus exchange & regulatory fees)
Bond Trading	No	Yes
CFD Trading	Yes (CFD trading is not permitted in the US)	No
Currency Trading	Yes	Yes
Customer Service	Local number +1 212 858 7690; Toll-free number 1 877 OANDA FX (1 877 626 3239) Sunday 4PM ET to Friday 6PM ET	(800) 669-3900 (Open 24/7)
Locations	Online only	More than 100 locations in 34 states
Online Community	Yes
Seminars	Yes	Online webcast
Trading Platform	OANDA Web, OANDA Mobile, TradingVIew, MetaTrader4	thinkorswim
Virtual Trading	Yes	Yes
	CreditDonkey® Reviews

Spread
Mobile App
Customer Service
Ease of Use
Education
Forex Trading
Trading Platform
Trustworthy
Pros & Cons	Pros: $0 minimum Exceptional customer service User-friendly platform Cons: Only 1:50 leverage Slow withdrawal processing Incomprehensive educational videos
Bottom Line	Regulated forex broker with no minimum deposit... Read full review
	Visit Site	Learn More
	Earn Cash Rebates of up to $17 per Million Reduce Trading Cost by Up to 34% with Cash Rebates Open a Forex Account	Commission-Free Trading - Online Stock, ETF and Option Trades Open an IRA in 15 minutes or less
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. OANDA: Information sourced from the published website as of 04/22/2024. TD Ameritrade: Pricing information from published website as of 09/05/2023. OANDA: OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States. Affiliate receives a commission for accounts opened through the link on this page OANDA CORPORATION IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. OANDA Corporation is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company exchange. Any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of OANDA Corporation. Digital assets held with Paxos are not protected by SIPC. Paxos is not an NFA member and is not subject to the NFA's regulatory oversight and examinations. Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing OANDA or TradeStation.

Articles on OANDA

OANDA Review

OANDA is one of the leading forex and CFD trading providers. But what does it offer? Read on to discover how OANDA elevates your trading journey.

OANDA Spreads

OANDA is one of the world's top forex brokers. But does it have competitive spreads? Read on to find out.

OANDA Withdrawal

Trading is no fun if you can't withdraw your earnings. So how do you withdraw funds at OANDA? Read on to find out.

OANDA Minimum Deposit

OANDA is a suitable forex broker for traders of all levels. Wondering if it has a minimum deposit requirement? Read on to find out.

OANDA Approval Time

OANDA is one of the world's most reputable forex brokers. But how long does it take to get your account approved? Read on to find out.

OANDA vs FOREX.com

OANDA and FOREX.com are both highly regulated and trusted forex brokers. But one of them is a better option. Which one?

OANDA vs TD Ameritrade

OANDA

TD Ameritrade

Benefits and Features

CreditDonkey® Reviews

Articles on OANDA

OANDA Review

OANDA Spreads

OANDA Withdrawal

OANDA Minimum Deposit

OANDA Approval Time

OANDA vs FOREX.com

Which Do You Think is Best?

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