Oanda vs Coinbase

Oanda or Coinbase – which is better for UK traders 2025? Compare Oanda and Coinbase in this detailed breakdown of their platforms, features and fees.

Oanda vs Coinbase Comparison Table 2025
Oanda Coinbase
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4.3
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3.5
Oanda is ranked #13 among CFD brokers. Coinbase is ranked #71 among crypto brokers.
Review
Review
OANDA is an award-winning global broker, established in 1996. The hugely respected brand offers competitive trading accounts and serves clients from 196 countries. It remains a popular option with both beginners and experienced traders thanks to its user-friendly and sophisticated web platform, no minimum deposit and premium currency products and services. The company is also overseen by reputable regulators, including the FCA, ASIC and CIRO. Launched in 2012 as a platform enabling users to buy and sell Bitcoin via bank transfers, Coinbase has emerged as a crypto behemoth, expanding its services to include 240+ crypto assets, developing sophisticated trading platforms for retail investors, listing on the US Nasdaq, and securing licenses with multiple regulators.
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Pros
  • The OANDA Trade web platform serves serious traders, with 100+ technical indicators, an economic overlay and a Dow Jones news feed
  • OANDA recently improved its prop trading service, OANDA Labs Prop Trader, offering an 80% profit share to skilled traders
  • The guaranteed stop loss order (GSLO) is a useful risk management tool not available at many alternatives
  • There are no restrictions on short-term trading strategies with scalping, hedging and netting permitted
  • OANDA has enhanced its suite of stocks, now providing exposure to over 2,200 US and European shares
  • With 68 forex pairs and access to a premium MT4 upgrade, the broker will serve active forex traders
  • Oversight from tier-one regulators like the FCA and ASIC makes the broker reliable and trustworthy
  • The $0 minimum deposit will appeal to newer traders
  • Spreads are tight and there are zero hidden fees
  • As a Nasdaq-listed company, Coinbase follows strict financial regulations, with licensing across the US, UK, and Europe. Security includes FDIC insurance for USD balances (up to $250,000) and two-factor authentication (2FA).
  • Coinbase supports 240+ cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and newly listed altcoins like $Trump, giving early access to emerging tokens.
  • There are platforms for all levels: beginners can use the simple Coinbase app, while Advanced Trade provides lower fees and pro-level tools.
Cons
  • The range of payment methods trail competitors, only offering a handful vs the 10+ available at alternatives like AvaTrade
  • It's a shame that social and copy trading tools aren't supported for traders who want to explore other ways to trade
  • High-volume traders get limited fee rebates or perks compared to leading brands
  • Weekend customer support and extended hours trading aren't available
  • High crypto fees based on tests, especially compared to competitors like Kraken and BitMEX, and notably on the standard dealing platform.
  • There are woeful research tools; Advanced Trade has TradingView charts but lacks features like news feeds, economic calendars, and AI market insights.
  • Frustrating customer support during testing, with most help options hidden behind login, making it tough for locked-out users or non-account holders to get assistance.
Awards
  • Best Trading Tools winner 2021 - Online Personal Wealth Awards
  • Awarded highest overall client satisfaction 2021 - Investment Trends US Leverage Trading Report, Margin Forex
  • Awarded highest client satisfaction for mobile platform/app 2021 - Investment Trends US Leverage Trading Report, Margin Forex
  • Voted Most Popular Broker 2021 - TradingView Broker Awards
  • Voted Best Forex and CFD Broker 2021 - TradingView Broker Awards
FCA Regulated
Yes Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, ETFs, Spread Betting Crypto
Demo Account
Yes No
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
0.01 Lots $2
Regulator
FCA, ASIC, KNF, MAS, CIRO, FFAJ, BVI, CIRO FinCEN, FCA, CBoI, MAS, OAM, DNB, BdE
Mobile Apps
OANDA Trade, MT4 iOS & Android
Trading App

Coinbase offers an intuitive and regularly updated app that’s generally fast, reliable and matches the desktop experience.

It provides powerful tools for crypto investors with advanced trading features, real-time market analysis, staking rewards, secure portfolio management, and educational incentives, all backed by top-notch security and regulatory compliance.

However, ratings from Android users show the interface trails its Apple counterpart, with issues relating to the user experience and notifications.
iOS App Rating
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4.7
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4.7
Android App Rating
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3.7
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4
Margin Trading
Yes No
Margin Rate
2%
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
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader and OANDA API
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$10 $0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
Commodities
  • Corn
  • Palladium
  • Platinum
  • Copper
  • Wheat
  • Gold
  • Silver
  • Oil
  • Natural Gas
  • Soybeans
  • Sugar
CFD
You can speculate on popular financial assets covering forex, commodities, indices, metals and bonds. You can get started with $0 minimum deposit, making the broker a good pick for beginners. There’s also over 130 technical indicators available collectively in the MT4 and OANDA Trade platforms.
Leverage
1:30
FTSE Spread
1.0
GBPUSD Spread<
1.4
Oil Spread
3.0
Stocks Spread
12 (Apple Inc)
Forex
OANDA offers 68 currency pairs, which is above the industry average. You can speculate on majors, minors and exotics, with spreads from 0.8 pips on popular pairs. There are no commissions and leverage is available up to 1:200. Average execution speeds are fast based on tests, at 12 milliseconds.
Assets
68
GBPUSD Spread
1.4
EURUSD Spread
0.8
EURGBP Spread
0.9
Cryptocurrency
OANDA offers trading on leading cryptocurrencies, including Bitcoin. You can place trades in the app hassle-free and practice in the unlimited demo account. The broker offers guaranteed stop-loss orders to help protect you against crypto market volatility. Coinbase excels in its user-friendly crypto trading environment, complete with over 240 digital assets, from Bitcoin to emerging altcoins, and terrific tools through its TradingView-powered platform and Advanced Trade, providing advanced charts and market data for crypto traders.
Spread
$100 0.5% - 1% (BTC)
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • PAXG
  • LINK
  • UNI
  • AAVE
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
  • FIL
  • WBTC
  • SHIB
  • BNB
  • TRUMP
Crypto Lending
No Yes
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
Oanda Coinbase
Review
Review
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