TMS Brokers vs Oanda

TMS Brokers vs OANDA Comparison Table 2023
TMS Brokers	OANDA
Review 2.8	Review 4.5 OANDA is #4 in our broker rankings.
Traders from US not accepted	Traders from US accepted
TMS Brokers is a leading European brokerage that offers affordable leveraged trading on forex, indices, stocks, ETFs, commodities and crypto through the popular MetaTrader 5 as well as a proprietary platform. The award-winning brand has over 20 years in the financial markets with modern trading tools and rich market analysis.	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
"TMS Brokers is a good pick for investors seeking commission-free trading, especially on a wide selection of stocks. The rich education center and zero minimum deposit will appeal to newer traders, in particular."	"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
Regulated by Poland's KNF and a member of the Polish Compensation Scheme Choice of MetaTrader 5 or proprietary platform Transparent fees with spreads from 1 pip Pro account with perks Demo account available Award-winning brand	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
Low leverage of 1:20 Average list of assets Limited support for non-Polish speakers	Stock trading not available in all countries Customer support not available on the weekend
Awards
Best FX Broker 2020 - Invest Cuffs Forecast Accuracy Ranking Q1 2019 - Bloomberg	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, CFDs, indices, shares, commodities, cryptocurrencies, ETFs	Forex
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Payment Methods
Credit Card Mastercard Trustly Visa Wire Transfer	Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits
Minimum Trade
0.01 lots	$0
Regulator
Polish Financial Supervision Authority (KNF)	CFTC, NFA
Margin Trading
No	Yes
MetaTrader 4
No	Yes
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	Yes
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
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
Yes	FxTrade, MT4
Auto Trading
Yes	EAs
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes
VPS Hosting
No	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 JPY CHF HKD SGD
Stock Exchanges
	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
Cocoa Gold Silver Wheat	Copper Corn Gold Palladium Platinum Silver Wheat
CFD Trading
Trade CFDs on assets including stocks, indices and commodities with variable spreads and reliable trading platforms.	CFD trading not offered
Leverage
1:20	1:30 EU, 1:200 Global
FTSE Spread
2.5	1.0
GBPUSD Spread
1.3	3.4
Oil Spread
0.04	3.0
Stocks Spread
Variable	Variable
Forex Trading
42 forex pairs can be traded with a maximum 1:20 leverage. Traders benefit from zero-commission trading and average spreads starting from 1 pip.	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
1.3	3.4
EURUSD Spread
1.0	1.6
EURGBP Spread
1.0	1.7
Assets
42	70
Cryptocurrency
18 cryptocurrency CFDs are available, including Bitcoin, Ethereum and various altcoins, with maximum 1:2 leverage.	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 ETH LTC 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.
More Comparisons
TMS Brokers vs	OANDA vs