B

ETFinance

6/10
Oinvest logo

Oinvest

5.7/10
5/10RegulationTied5/10
0/10FeesWinner6/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

ETFinance was founded in 2018 and is headquartered in Cyprus, while Oinvest was established in 2019 and is based in South Africa. ETFinance holds licences including Cyprus Securities and Exchange Commission (CySEC), while Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA) among others. ETFinance serves 10,000+ clients worldwide; Oinvest has 10,000+. The minimum deposit is $215 at ETFinance and $200 at Oinvest.

ETFinance wins this category
FeatureETFinanceOinvest
Min. Deposit$215$200
RegulationCyprus Securities and Exchange Commission (CySEC)Southern African Financial Sector Conduct Authority (FSCA)
Founded20182019
CountryCyprusSouth Africa
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between ETFinance and Oinvest, directly affecting your bottom line as a trader. Oinvest has a lower barrier to entry with a minimum deposit of $200 (vs $215 at ETFinance). Neither broker charges withdrawal fees. Oinvest applies inactivity fees on dormant accounts; ETFinance does not. ETFinance charges deposit fees; Oinvest does not. Overall, Oinvest scores higher on fees in our assessment.

Oinvest wins this category
FeatureETFinanceOinvest
Min. Deposit$215$200
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

ETFinance offers MT4, MT5, cTrader, while Oinvest supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Oinvest supports social and copy trading features, which ETFinance does not offer. ETFinance edges ahead on platform breadth and functionality in our scoring.

ETFinance wins this category
FeatureETFinanceOinvest
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,iOS,MacBook,iPhoneMT4, iOS, MacBook, iPhone

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how ETFinance and Oinvest compare. ETFinance runs regular live webinars; Oinvest does not. Both provide video tutorials. ETFinance publishes daily market commentary; Oinvest does not. Both integrate third-party research tools. ETFinance maintains an archive of past webinars for on-demand viewing. ETFinance scores higher overall in education and research.

ETFinance wins this category
FeatureETFinanceOinvest
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ETFinance accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Oinvest supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureETFinanceOinvest
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ETFinance and Oinvest offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureETFinanceOinvest
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese