OANDA
PUPRIME
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
OANDA was founded in 1996 and is headquartered in United States, Canada, while PUPRIME was established in 2015 and is based in Seychelles. OANDA holds licences including Financial Conduct Authority (FCA), while PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd among others. OANDA serves 10,000+ clients worldwide; PUPRIME has 200,000+. The minimum deposit is $1 at OANDA and $50 at PUPRIME.
| Feature | OANDA | PUPRIME |
|---|---|---|
| Min. Deposit | $1 | $50 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218 |
| Founded | 1996 | 2015 |
| Country | United States, Canada | Seychelles |
| Clients | 10,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between OANDA and PUPRIME, directly affecting your bottom line as a trader. OANDA has a lower barrier to entry with a minimum deposit of $1 (vs $50 at PUPRIME). PUPRIME charges withdrawal fees while OANDA does not, giving OANDA an edge for frequent withdrawers. The two brokers are broadly comparable on fee structure.
| Feature | OANDA | PUPRIME |
|---|---|---|
| Min. Deposit | $1 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
OANDA offers MT4, MT5, cTrader, while PUPRIME supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. PUPRIME supports social and copy trading features, which OANDA does not offer. OANDA edges ahead on platform breadth and functionality in our scoring.
| Feature | OANDA | PUPRIME |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | No |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, OANDA Desktop, OANDA Web, OANDA Mobile | MT4, MT5, WebTrader, PU Prime App, PU Social |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how OANDA and PUPRIME 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. PUPRIME scores higher overall in education and research.
| Feature | OANDA | PUPRIME |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. OANDA accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while PUPRIME supports 4 (bank transfer, credit/debit card, Skrill, Neteller). PUPRIME uniquely supports Skrill and Neteller among the two brokers. PUPRIME scores higher on deposit and withdrawal flexibility.
| Feature | OANDA | PUPRIME |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both OANDA and PUPRIME offer live chat support. Both provide phone support. Email support is available at both brokers. OANDA supports 2 languages and PUPRIME supports 1, giving OANDA broader global reach. Both brokers are comparable on support quality.
| Feature | OANDA | PUPRIME |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |