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Oanda vs 12Trader

OANDA vs 12Trader Comparison Table 2023
OANDA 12Trader
WINNER
OANDA is the better broker
Review
4.5

OANDA is #1 in our broker rankings.

Review
Not Yet Rated
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

OANDA offers 70 forex pairs with two competitive pricing models and a substantial welcome deposit bonus

12Trader is a regulated online broker offering trading in forex & CFDs.

OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
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)
Bonus
$5,000 welcome bonus with a deposit of $500
Instruments
Forex Forex, CFDs, indices, stocks, commodities, cryptocurrency
Demo Account
Yes Yes
Minimum Deposit
$0 $500
Payment Methods
Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits
Minimum Trade
$0 0.01 lots
Regulator
CFTC, NFA CySEC, VFSC
Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
FxTrade, MT4 Yes
Auto Trading
EAs
Copy Trading
No No
Social Trading
No Yes
Trade Signals
Yes - daily
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • HKD
  • SGD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered CFDs available on indices, stocks, FX, commodities, and crypto pairs
Leverage
1:30 EU, 1:200 Global 1:400
FTSE Spread
1.0 1
GBPUSD Spread<
3.4 0.6
Oil Spread
3.0 0.05
Stocks Spread
Not offered Variable
Forex Trading
Take positions on major, minor and exotic currency pairs with competitive trading conditions. Forex trading on dozens of majors, minors and exotics
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
3.4 0.5
EURUSD Spread
1.6 0.6
EURGBP Spread
1.7 0.5
Assets
70 41
Cryptocurrency
Speculate on the world's biggest cryptos by market cap Trade cryptocurrency CFDs
Spread
$100 Variable
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • PAXG
  • LINK
  • MATIC
  • UNI
  • AAVE
  • SOL
  • BTC
  • XRP
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Review
Review
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
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