Oanda vs Trade Republic 2026: which is better?
We compared Oanda and Trade Republic on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Oanda holds 7 licences from strong regulators, against 1 for Trade Republic.
- Oanda offers copy trading; Trade Republic does not.
- Oanda offers MetaTrader 4, MetaTrader 5, which Trade Republic does not.
Comparison table
| Comparison table |
Oanda
Broker
|
Trade Republic
Broker
|
|---|---|---|
| Licences | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best | BaFin |
| Minimum deposit | $0 | — |
| Maximum leverage | 1:888 | — |
| Trading platforms | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App | Trade Republic App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Stocks, Cryptocurrencies, Exchange-Traded Funds (ETFs) |
| Demo account | ✓ Yes | — |
| Copy trading | ✓ Yes | — |
| Founded | 1996 | 2015 |
| Headquarters | — | Berlin, Germany |
| 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
- want to copy other traders
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Oanda or Trade Republic?
We compared Oanda and Trade Republic 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 1 for Trade Republic. Oanda offers copy trading; Trade Republic 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 Republic regulated?
Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG). Trade Republic licences: BaFin.
What is the minimum deposit at Oanda and Trade Republic?
Oanda: $0. Trade Republic: not available.
Do Oanda and Trade Republic offer an Islamic account?
Oanda: No. Trade Republic: No.