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Oanda vs Trade Nation 2026: which is better?

We compared Oanda and Trade Nation on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.

Key differences

Comparison table

Comparison table Oanda Oanda Broker Trade Nation Trade Nation Broker
Licences FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best FCA, ASIC, FSCA, CMVM, FSA, SCB
Minimum deposit $0 $0
Maximum leverage 1:888 1:500
Trading platforms MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App TN Trader, MetaTrader 4, TradingView, Mobile App, TradeCopier
Markets Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices
Demo account ✓ Yes ✓ Yes
Copy trading ✓ Yes ✓ Yes
Founded 1996 2014
Read the review Read the review

Data is for information only and may change; always check the official website before opening an account.

Add a third broker to the comparison

Choose Oanda if you

  • want more licences from strong regulators
  • use MetaTrader 5, Web Trader
Full Oanda review

Frequently asked questions

Which is better, Oanda or Trade Nation?

We compared Oanda and Trade Nation on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Oanda holds 7 licences from strong regulators, against 2 for Trade Nation. Oanda offers MetaTrader 5, Web Trader, which Trade Nation does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are Oanda and Trade Nation regulated?

Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG). Trade Nation licences: FCA, ASIC, FSA, FSCA, SCB, CMVM.

What is the minimum deposit at Oanda and Trade Nation?

Oanda: $0. Trade Nation: $0.

Do Oanda and Trade Nation offer an Islamic account?

Oanda: No. Trade Nation: No.