Oanda vs 101Investing Broker Comparison

Does Oanda or 101Investing have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive Oanda and 101Investing are, we first considered the common fees on Standard Accounts. At Oanda the average spread for the EUR/USD currency pair is 0 pips, whilst at 101Investing the spread is 0.7.

This shows that Oanda is the better option for low-cost forex trading.

When it comes to non-trading fees, Oanda charges for . 101Investing charges for inactivity, withdrawal. With this in mind, Oanda has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that 101Investing is the better option.

*Based on Standard account type.

Which broker is safer, Oanda or 101Investing?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

Oanda is regulated by FCA, ASIC, FSA(SVG), NFA, IIROC, MAS and does not offer client protection. 101Investing is regulated by CySec and does not offer client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that 101Investing is the safer broker.

How many trading instruments are available at Oanda and 101Investing?

Oanda provides traders with 126 instruments. This includes 45 currency pairs, cryptocurrencies, and stocks and shares. With Oanda, you cannot trade CFDs.

In comparison, 101Investing boasts 350+ tradable instruments. 101Investing offers 50 currency pairs, 30+ cryptocurrencies, and 100+ stocks and shares. 101Investing also allows CFD trading.

As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.

Which broker offers the best trading platform, Oanda or 101Investing?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

Oanda provides you with the ability to trade via 3 trading platforms, and 101Investing has 2 trading platforms. Both brokers also offer research and trading tools, however 101Investing has more.

Overall, our experts agree that Oanda boasts the better trading platform offering.

Which is better for beginners, Oanda or 101Investing?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that 101Investing is the better broker for beginner traders as it offers a larger range of educational tools and materials. 101Investing also has a minimum deposit of $.

Which broker is better overall?

Overall, our tested reviewing methodology proves that 101Investing is the better broker in a range of key areas. You can learn more by reading our Oanda and 101Investing reviews.