Global Prime vs Oanda

Global Prime vs OANDA Comparison Table 2023
Global Prime	OANDA
Review 3.8	Review 4.5 OANDA is #4 in our broker rankings.
Traders from US not accepted	Traders from US accepted
Global Prime is a multi-regulated trading broker offering 100+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation.	OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
	CFDs are not available to residents in the United States.
Bonus Offer
	$5,000 welcome bonus with a deposit of $500
Comment by Reviewer
"Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading."	"We recommend OANDA for traders seeking a user-friendly platform with premium market research and a straightforward joining process. OANDA is a particularly good pick for US traders with authorization from local regulators and a secure trading environment."
Pros
Full range of investments Multiple account currencies Multiple deposit methods MetaTrader 4 integration Good execution speed Strong regulation Copy trading	Industry-leading platforms including MT4 and TradingView Reliable, trustworthy and secure brand with authorization from tier-one regulators API facilitates access to 25 years of historical data and rates from 200+ currencies The OANDA web platform offers advanced charts plus guaranteed stop-loss orders (GSLOs) Feature-rich app with 50 indicators, 11 drawing tools and 9 charting styles Wide selection of instruments including 70+ forex pairs Transparent pricing structure with no hidden charges Low minimum deposit for beginners US clients accepted
Cons
Clients from US and Canada are not accepted No MetaTrader 5 integration	Stock trading not available in all countries Customer support not available on the weekend
Awards
	Best US Broker 2023 - DayTrading.com Best Trading Tools winner (Online Personal Wealth Awards 2021) Awarded highest overall client satisfaction (Investment Trends 2021 US Leverage Trading Report, Margin Forex) Awarded highest client satisfaction for mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex) Voted Most Popular Broker 2021 (TradingView Broker Awards) Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards)
Instruments
Forex, indices, commodities, cryptocurrencies, shares, bonds	Forex
Demo Account
Yes	Yes
Minimum Deposit
AUD $200	$0
Payment Methods
Boleto BPAY Credit Card Dragonpay FasaPay Mastercard Neteller PayPal POLi Skrill Visa Wire Transfer	Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits
Minimum Trade
0.01 lots	$0
Regulator
ASIC, VFSC, FSA	CFTC, NFA
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	Yes
Autochartist
Yes	Yes
eSignal
No	No
Trading Central
No	No
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	FxTrade, MT4
Auto Trading
Yes	EAs
Copy Trading
Yes	No
Copy Trading Platform
Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service.
Social Trading
Yes	No
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Islamic Account
No	No
Account Currencies
USD EUR GBP CAD AUD SGD	USD EUR GBP CAD AUD JPY CHF HKD SGD
Stock Exchanges
Australian Securities Exchange DAX GER 40 Index Dow Jones FTSE UK Index Nasdaq S&P 500	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng London Stock Exchange Nasdaq Russell 2000
Commodities
Copper Gold Oil	Copper Corn Gold Palladium Platinum Silver Wheat
CFD Trading
Global Prime scores highly for its competitive ECN spreads across a range of CFD markets.	CFD trading not offered
Leverage
1:200	1:30 EU, 1:200 Global
FTSE Spread
0.84	1.0
GBPUSD Spread
0.64	3.4
Oil Spread
1.6	3.0
Stocks Spread
Variable	Variable
Forex Trading
Global Prime offers online trading on a long list of major, minor and exotics currencies.	OANDA offers over 70 forex pairs, more than many alternatives. The broker's in-house platform also offers impressive execution speeds and a suite of advanced charting and analysis tools.
Forex App
	The FxTrade app is OANDA’s proprietary forex trading application. One-click trading, historical price history and straightforward account management is available. Traders can speculate on 70 major, minor and exotic currency pairs. The forex app is available to download from the Apple App Store and Google Play.
GBPUSD Spread
0.75	3.4
EURUSD Spread
0.16	1.6
EURGBP Spread
0.85	1.7
Assets
48	70
Cryptocurrency
Global Prime offers more than 35 digital coins with impressively low commissions from 0.1%.	Speculate on the world's biggest cryptos by market cap. Commissions are lower than many peers starting at 0.25%. Users can also trade digital currencies in a few taps through the iOS and Android mobile app.
Spread
Floating	$100
Coins
BTC BCH LTC ETH XRP	BTC ETH LTC BCH PAXG LINK MATIC UNI AAVE SOL
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	CFDs are not available to residents in the United States.
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Global Prime vs	OANDA vs