Are you confused about whether to choose OANDA vs Libertex as a broker for your investing needs?
In this side-by-side comparison, we analyse OANDA vs Libertex to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
OANDA vs Libertex: In a Nutshell
For CFD investors valuing access to MetaTrader 5
OANDA Corporation is a reputable online forex and CFD broker known for its advanced trading technology and robust platform.
OANDA offers a wide range of trading instruments, including major and minor currency pairs, commodities, indices, and precious metals.
The trading platform is designed to cater to both novice and experienced traders, providing a seamless trading experience. OANDA accepts US clients only for forex.
Traders focused on CFDs only
Libertex Broker is a popular online trading platform that offers a simplified and user-friendly trading experience to its clients.
The platform is designed to be intuitive and easy to navigate, making it suitable for both beginners and experienced traders.
The broker operates on a commission-based fee structure (spreads apply), with pricing that varies depending on the asset class and trading volume.
Pros and Cons
OANDA
Pros
- 0% commissions on real US stocks, Forex and CFDs on cryptocurrencies, indices and commodities
- Access to MetaTrader 5
- Good research tools
- Well-designed investment platforms
Cons
- OANDA accepts US clients, but only for forex
- Medium-to-high CFD fees
Libertex
Pros
- Access to MetaTrader 4 and 5
- Low minimum deposit
- Educational Materials
- Readily available customer service
Cons
- Low product offering (mostly CFDs)
- Inactivity fee
- Unavailable in major markets (Germany, France, Finland and others)
OANDA vs Libertex: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
