OANDA
Trade360
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Overview
OANDA was founded in 1996 and is headquartered in United States, Canada, while Trade360 was established in 2013 and is based in Cyprus. OANDA holds licences including Financial Conduct Authority (FCA), while Trade360 is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. OANDA serves 10,000+ clients worldwide; Trade360 has 10,000+. Both brokers share the same minimum deposit of $1.
| Feature | OANDA | Trade360 |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1996 | 2013 |
| Country | United States, Canada | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between OANDA and Trade360, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Trade360 charges withdrawal fees while OANDA does not, giving OANDA an edge for frequent withdrawers. Trade360 charges deposit fees; OANDA does not. The two brokers are broadly comparable on fee structure.
| Feature | OANDA | Trade360 |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
OANDA offers MT4, MT5, cTrader, while Trade360 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trade360 supports social and copy trading features, which OANDA does not offer. The two brokers are closely matched on platform offering.
| Feature | OANDA | Trade360 |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, OANDA Desktop, OANDA Web, OANDA Mobile | Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how OANDA and Trade360 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. Trade360 scores higher overall in education and research.
| Feature | OANDA | Trade360 |
|---|---|---|
| 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 Trade360 supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | OANDA | Trade360 |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both OANDA and Trade360 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.
| Feature | OANDA | Trade360 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |