B

Hargreaves Lansdown

7/10
OANDA logo

OANDA

8.2/10
7/10RegulationWinner9/10
8/10FeesWinner10/10
9/10PlatformsTied9/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Hargreaves Lansdown was founded in 1981 and is headquartered in UK, while OANDA was established in 1996 and is based in United States, Canada. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Hargreaves Lansdown serves 10,000+ clients worldwide; OANDA has 10,000+. The minimum deposit is $200 at Hargreaves Lansdown and $1 at OANDA.

OANDA wins this category
FeatureHargreaves LansdownOANDA
Min. Deposit$200$1
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Founded19811996
CountryUKUnited States, Canada
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Hargreaves Lansdown and OANDA, directly affecting your bottom line as a trader. OANDA has a lower barrier to entry with a minimum deposit of $1 (vs $200 at Hargreaves Lansdown). Neither broker charges withdrawal fees. Overall, OANDA scores higher on fees in our assessment.

OANDA wins this category
FeatureHargreaves LansdownOANDA
Min. Deposit$200$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Hargreaves Lansdown offers MT4, MT5, cTrader, while OANDA supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureHargreaves LansdownOANDA
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWeb Trader, Tablet & Mobile appsMT4, OANDA Desktop, OANDA Web, OANDA Mobile

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Hargreaves Lansdown and OANDA compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureHargreaves LansdownOANDA
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

Deposits & Withdrawals

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

Tied
FeatureHargreaves LansdownOANDA
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 Hargreaves Lansdown and OANDA 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
FeatureHargreaves LansdownOANDA
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese