Oanda vs ActivTrades (2024)

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Oanda vs ActivTrades (2024) In a Nutshell

Oanda

Founded by Drs. Stumm and Olsen in the USA in 1996, Oanda is one of the oldest and most experienced forex brokers in the world. The broker expanded into Asia in 2007, opened its London office in 2011, and its Sydney office in 2014. On its platforms, you can trade over 3000 forex, CFDs, and even real stocks.

Oanda Overview
  • Founded In: 1996
  • Founded By:  Dr. Stumm (a computer scientist), and Dr. Olsen (an economist)
  • Trading Instruments: 100+ trading Instruments including forex, indices, shares, commodities, metals, cryptocurrencies, metals
  • Minimum Deposit: No minimum Deposit is required. You may deposit as low as $1
  • Maximum Leverage: 1:50 (US), 1:30 (EU), 1:200 (other regions)
  • Regulations: ASIC, CFTC, IIROC, FCA, PFSA, MAS in Singapore, FSA in Japan, FSC in BVI
  • Trading platform: MT4, MT5, fxTrade app, Tradingview
  • Account Types: Standard, Elitetrader
  • Trading Fees: Spreads starting from 0.6 pips (EUR/USD pair)
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, ACH Payments (echeck), BPAY, CHAPS, Check, DBS Bill Payment, Local Bank Deposits, Local Bank Transfers, Neteller, Payment Asia, PayNow, PayPal, SEPA Credit Transfer (SCT), Skrill
  • US Traders:  Accepted 

ActivTrades

ActivTrades is an online forex and CFD broker that offers MT4, MT5, and the ActivTrader proprietary web and mobile trading platforms. Alex Pusco founded ActivTrades as a stock brokerage in Switzerland in 2001. Later he moved to London in 2005. The broker added MetaTrader 4 in 2007. It also added CFDs on indices and commodities to its offer in 2008. ActivTrades offers over 45 currency pairs, Indexes, ETFs, as well as Commodities and Shares CFDs for your personal investment and trading options.

ActivTrades At a Glance

ActivTrades At a Glance
  • Founded In: 2005
  • Minimum Deposit: $10 
  • Maximum Leverage: 1:500
  • Regulations:FCA,CSSF,SCB
  • Trading platform: MT4, MT5, ActivTrader and Tradingview
  • Account Types: Professional, Individual, Demo and Standard Account
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Ngan Luong, PayPal, Skrill, SOFORT
  • US Clients : Not Accepted

Oanda vs ActivTrades: Pros and Cons

Oanda

Oanda
ThinkMarkets
Product
Founded In
Founded In
1996
2010
Founded By
Founded By
Dr. Michael Stumm & Dr. Richard Olsen
Nauman and Faizan Anees
Headquarters
Headquarters
New York, New York, United States
London, England
Regulations
Regulations
ASIC, CFTC, FCA,PFSA,MAS, FSA
FCA, CySEC, FSA, ASIC ,FSCA
Min Deposit
Min Deposit
None
None (Standard Account), $500 (ThinkZero account)
Max Leverage
Max Leverage
500:1
1:500
Tradable Assets
Tradable Assets
Forex, Indices , Metals , Shares, Commodities, Cryptocurrencies
Forex , Stock Indices, Commodities, Bonds, Cryptocurrencies, Stocks
Fees
Fees
Spread from 0.8 pips
Spread from 0.4 pips (Standard Account) or Commission $3.5 per side
Platforms and Tools
Platforms and Tools
MT4, MT5, fxTrade app
MT4, MT5, ThinkTrader, ThinkCopy
US Traders
US Traders
Allowed
Not Allowed

ActivTrades

Pros
  • Regulated by FCA, SCB, CMVM.
  • There is no Minimum Deposit. You may deposit as low as possible
  • The maximum leverage is as high as 200:1.
  • Free deposit and withdrawal.
  • Allows scalping, news trading, and EA trading.
  • Has MT4, MT5, TradingView, and ActivTrades platforms.
  • Offers 1000+ trading instruments.
  • Spreads start from 0.5 pips.
  • Provides fast order execution.
  • Lloyds of London insurance up to $1,000,000.
  • Offers 24-hour customer support in 14 languages.
  • Supports a variety of bank accounts.
  • Available to customers in more than 140 countries
Cons
  • Not regulated by ASIC or CySEC.
  • Only forex and CFDs are offered; no real tradable instruments are available.
  • No passive investment programs like PAMM or MAM accounts.
  • Mediocre customer support.
  • Not authorized to trade real stocks.
  • Offers 24/5 support.
  • A bank wire withdrawal fee is applicable.
  • Wide spreads in crypto pairs.
  • An inactivity fee may be charged.
  • The minimum deposit for Brazilian and Chinese traders is $500.

Oanda vs ActivTrades: Side-by-Side Comparison

Oanda
ActivTrades
Product
Founded In
Founded In
1996
2005
Founded By
Founded By
Dr. Michael Stumm & Dr. Richard Olsen
Matthew Murphie
Headquarters
Headquarters
New York, New York, United States
London, E1W 1YN, United Kingdom.
Regulations
Regulations
ASIC, CFTC, FCA,PFSA,MAS, FSA
FCA,CSSF,SCB, BACEN,CVM and CMVM
Min Deposit
Min Deposit
None
$10
Max Leverage
Max Leverage
500:1
1:400
Tradable Assets
Tradable Assets
Forex, Indices , Metals , Shares, Commodities, Cryptocurrencies
Forex, Shares, Indices, Cryptocurrencies, ETFs, Commodities.
Fees
Fees
Spread from 0.8 pips
Spread from 0.5 pips
Platforms and Tools
Platforms and Tools
MT4, MT5, fxTrade app
MT4, MT5, ActivTrader and Tradingview
US Traders
US Traders
Allowed
Not Allowed

Oanda Vs ActivTrades: Our Scores and Ratings

We rated both brokers, Oanda and ActivTrades, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.

Oanda

8.8
Total Score
Regulation and Security (40%)10
Fees and Commissions (20%)7
Trading (15%)8
Trading tools (10%)9
Customer Support (10%)9.2
Trading Education (5%)7

ActivTrades:

9
ActivTrades Score
Regulation and Security (40%)9
Fees and Commissions (20%)9.3
Trading (15%)9.2
Trading tools (10%)9
Customer Support (10%)9
Trading Education (5%)8

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

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