Oanda vs TradeZero 2026: which is better?
We compared Oanda and TradeZero 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 4 for TradeZero.
- The minimum deposit at Oanda is $0, against $500 at TradeZero.
- Oanda offers copy trading; TradeZero does not.
- Oanda offers MetaTrader 4, MetaTrader 5, which TradeZero does not.
Comparison table
| Comparison table |
Oanda
Broker
|
TradeZero
Broker
|
|---|---|---|
| Licences | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best | SEC, FINRA, CIRO, AFM, SCB |
| Minimum deposit | $0 Best | $500 |
| Maximum leverage | 1:888 | — |
| Trading platforms | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App | Mobile App, TZ1, ZeroPro, ZeroFree, ZeroMobile |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Stocks, Exchange-Traded Funds (ETFs) |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | — |
| Founded | 1996 | 2015 |
| Headquarters | — | Brooklyn, New York, United States |
| 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 start with less money
- want to copy other traders
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Oanda or TradeZero?
We compared Oanda and TradeZero 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 4 for TradeZero. The minimum deposit at Oanda is $0, against $500 at TradeZero. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Oanda and TradeZero regulated?
Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG). TradeZero licences: SEC, FINRA, CIRO, SCB, AFM.
What is the minimum deposit at Oanda and TradeZero?
Oanda: $0. TradeZero: $500.
Do Oanda and TradeZero offer an Islamic account?
Oanda: No. TradeZero: No.