Comparison of Capital.com vs OANDA [ 2024 ]

The best brokers to invest in cryptocurrencies compared by their commissions, cryptos, security and much more. Here is theCapital.com vs OANDA comparison!

Your expert: Alejandro Borja

Capital.com

Your expert: Xavier Tarrasó

OANDA

Main points

Fees

Low 3,9/5

Regulated

CySEC, FCA

Demo account

Yes

Low 4,3/5

Fees

FCA, CFTC

Regulated

Yes

Demo account

Recommended for

Beginners

Yes

Trading

Yes

Passive income

Buy and hold

Yes

Beginners

Yes

Trading

Passive income

Buy and hold

Comparison of fees

Rating

4.5 – Capital.com provides excellent value with zero commissions and very tight spreads on a wide range of cryptocurrencies. The overnight financing fees are the only additional cost .

3.8 – OANDA’s fees for crypto trading are competitive with no spread markups or custody fees. However, the platform’s higher fees for certain transactions and inactivity fees can be a drawback .

Level

Low 3,9/5

Low 4,3/5

Brief explanation

Capital.com offers a competitive fee structure that makes it an attractive choice for cryptocurrency traders. The platform charges 0% commissions on trades, meaning there are no upfront costs for executing trades. However, traders should be aware of the overnight financing fees (swap rates) applied to positions held overnight. These fees vary depending on the cryptocurrency and whether the position is long or short. For example, long positions incur a fee of 0.06164% of the exposure plus the daily interest fee, while short positions receive 0.0137% of the exposure minus the daily interest fee. Additionally, while deposits and withdrawals are generally free, an inactivity fee applies after one year for clients contracting with Cyprus (CCSV) or Bahamas (SCB). Overall, Capital.com’s fee structure is transparent and competitive, but it’s important for traders to account for potential overnight fees.

OANDA offers a transparent and straightforward fee structure for cryptocurrency trading, which makes it an appealing choice for many traders. The platform charges a 0.25% fee on all executed crypto orders, with a minimum fee of $0.01. This fee is calculated based on the order quantity and fill price, ensuring that traders know exactly what they are paying upfront. Unlike many other brokers, OANDA does not apply a spread markup or custody fee on crypto trades, which can help keep trading costs lower. Deposits via credit/debit cards and electronic wallets like PayPal, Skrill, and Neteller are free, but bank transfers, which can take up to three business days to process, may incur conversion costs if the currency differs from the account base currency. Withdrawal fees are notably higher, especially for bank transfers, which can cost up to $20 or more per transaction, depending on the currency and region. While OANDA does not offer leverage for cryptocurrency trading, which could limit the potential for higher returns, this also reduces the risk of significant losses. The absence of short selling options is another limitation for those looking to profit from falling markets. Overall, OANDA’s fee structure is designed to be clear and straightforward, with no hidden costs, making it a reliable choice for crypto traders who prioritize transparency and security .

Capital.com

Year Founded: Capital.com was established in 2016. Despite being relatively new, the platform has quickly built a reputation for reliability and innovation in the trading industry.
Number of Users: Capital.com serves a large and growing user base, with over 1 million registered users globally. This extensive user adoption reflects the platform's credibility and popularity among traders.
Security Methods: Capital.com employs state-of-the-art security measures to protect user data and funds. This includes SSL encryption, two-factor authentication (2FA), and secure data storage practices. Additionally, the platform uses AI algorithms to detect and prevent fraudulent activities.
Regulation: The platform is regulated by several top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Securities Commission of the Bahamas (SCB). This multi-jurisdictional regulation ensures that Capital.com adheres to strict financial and operational standards.
Transparency: Capital.com is committed to transparency, providing clear information about fees, trading conditions, and the risks involved in CFD trading. The platform's educational resources, such as the Investmate app, further support transparency by helping users understand the trading process and make informed decisions.

OANDA

Year Founded: OANDA was founded in 1996, establishing a long track record of reliability and innovation in the financial markets. This extensive experience provides a level of confidence that newer brokers may not offer .
Number of Users: With millions of users worldwide, OANDA has built a solid reputation among both retail and institutional traders. Its wide user base is a testament to its credibility and the trust it has garnered over the years .
Security Methods: OANDA employs robust security measures, including two-factor authentication and encryption, to protect user data and funds. The partnership with Paxos ensures secure and regulated crypto trading, further enhancing trust .
Regulation: OANDA is regulated by top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) in the US, and the Australian Securities and Investments Commission (ASIC). These stringent regulatory standards provide a high level of protection and transparency for users .
Reputation and Reviews: OANDA has consistently received positive reviews for its reliability, customer service, and comprehensive trading platform. Its commitment to transparency and customer satisfaction has solidified its position as a trusted broker in the industry .

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Account Minimum

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Direct link to the website

Product selection

Native token

Capital.com does not have a native token.

OANDA does not have a native token.

Earns

Capital.com does not offer staking or earning options with cryptocurrencies. It focuses on trading crypto CFDs with leverage .

OANDA does not provide staking or other earning options for cryptocurrencies. The platform supports trading through crypto CFDs and direct trading via partnerships .

NFT marketplace

Capital.com does not have an NFT marketplace.

OANDA does not have an NFT marketplace.

Cripto/debit card

Capital.com does not have a card for its clients .

OANDA does not provide a card for its clients .

Payment methods

Transfers

Yes, Capital.com accepts bank transfers for both deposits and withdrawals .

Yes, OANDA accepts bank transfers for both deposits and withdrawals .

Mastercard

Yes, Capital.com accepts Mastercard for deposits.

Yes, OANDA accepts Mastercard for deposits.

Wire transfer

Wise is not mentioned as a supported payment method .

Card

Yes, Capital.com accepts credit/debit cards (Visa, Mastercard) .

Yes, OANDA accepts credit/debit cards .

Comparative table

Capital.com	Features	OANDA
The minimum trade amount is very low at $1, making it accessible for all types of traders.	Minimum Trade	No minimum trade requirement, making it accessible for all traders.
Capital.com offers 0% commissions on trades, but high swap rates for overnight positions.	Trading and Transaction Fees	Competitive fees, but high withdrawal costs for bank transfers.
With 377 cryptocurrencies and 490+ crypto pairs available, the selection is extensive.	Number of Cryptocurrencies	Supports 63 crypto trading pairs, offering good variety.
The platform offers numerous crypto-only pairs, allowing for extensive trading opportunities.	Crypto-to-Crypto Trading Pairs	Wide range of pairs available, enhancing trading opportunities.
Information on fees, regulations, and trading conditions is clear, but some details on spreads and swaps could be more transparent.	Website Transparency	Highly transparent with detailed information about fees, regulations, and services.
Capital.com does not have a card for its clients .	Credit/Debit Card	OANDA does not provide a card for its clients .
Capital.com only offers CFD trading, meaning users cannot store actual cryptocurrencies.	Storage Offering	No dedicated crypto wallet service; relies on Paxos integration for custody.
The platform does not support staking or rewards for holding cryptocurrencies.	Staking and Rewards	Does not offer staking or rewards programs.
Both the mobile app and desktop platform are highly intuitive and user-friendly, providing seamless trading experiences.	Mobile App and Desktop	User-friendly mobile and desktop platforms with advanced charting tools.
Customer service is available 24/7, but live chat support can be unreliable.	Customer Service	24/7 support available, though response times can vary.
Deposits and withdrawals are free and processed quickly, but the range of available currencies is limited.	Deposit and Withdraw	Multiple methods available but high fees for bank transfers.

Key features

Analysis tools

Capital.com features the Investmate app for educational purposes, offers advanced charting tools, technical indicators, and a demo mode for practice trading. Their platform supports extensive market analysis and educational resources .

OANDA offers a proprietary web platform with over 65 technical indicators powered by TradingView, advanced charting tools, and a robust mobile app. They also provide comprehensive research offerings .

Mobile APP

Yes, Capital.com offers mobile apps for iOS and Android, providing a smooth and intuitive trading experience on both platforms .

Yes, OANDA provides a mobile app for trading, which includes advanced charting and access to their full range of trading instruments .

Security

Capital.com is authorized and regulated by several top-tier regulators, including the FCA and CySEC. They offer negative balance protection, ensuring investors are protected from losing more than their account balance. However, they do not have a banking license.

OANDA is regulated by top-tier authorities such as the FCA. They offer negative balance protection for EU clients and are known for their transparency and robust security measures, including 24/7 customer support.

Additional features

Capital.com offers CFD trading on a wide range of cryptocurrencies with competitive spreads and zero commissions. They support 377 cryptocurrencies for trading and provide a user-friendly interface, both on desktop and mobile. Capital.com also includes advanced educational tools such as courses, blogs, and tutorials, and they offer negative balance protection. Their trading platform allows trading 24/7 with a low minimum deposit requirement of $20 for card payments .

OANDA offers trading on 13 popular cryptocurrency CFDs, such as Bitcoin, Ethereum, and Litecoin, through their platform. They provide a user-friendly app with advanced charting tools and the ability to manage risk using limit and stop orders. OANDA’s crypto trading is available 24/7 with competitive spreads and transparent fees .

Anonymity

Capital.com does not support anonymous accounts. Users must provide personal information, trading experience, and verification documents like an ID or passport and proof of address.

OANDA does not support anonymous accounts. Personal information, financial details, and verification documents are necessary for opening an account .

Key points

Available cryptocurrencies

Capital.com offers trading in cryptocurrency CFDs. Users can trade a wide range of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and many others, totaling 377 cryptocurrencies.

OANDA offers trading in cryptocurrency CFDs and direct trading through a partnership with Paxos. Available cryptocurrencies include Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Chainlink (LINK), EOS, Binance Coin (BNB), Stellar (XLM), Dogecoin (DOGE), Uniswap (UNI), Tezos (XTZ), Cardano (ADA), and Polkadot (DOT).

User-friendliness

Capital.com excels in providing an intuitive and seamless trading experience for cryptocurrencies. The platform’s user-friendly design, combined with robust educational resources, makes it accessible to both novice and experienced traders. Capital.com supports a wide range of cryptocurrencies and offers competitive spreads, ensuring that users have a cost-effective and efficient trading experience .

OANDA’s crypto trading experience is integrated into its well-established forex trading platform, providing a seamless and user-friendly interface. The platform supports a range of cryptocurrencies and offers easy account funding options. OANDA’s strong regulatory framework and security features add an extra layer of trust for users .

Value for money

Capital.com stands out with 0% commission on trades and very tight spreads. The broker’s comprehensive educational resources and user-friendly platform add to its value, though inactivity fees apply after one year for some clients.

OANDA provides good value with no deposit or withdrawal fees and competitive spreads on crypto CFDs. However, the platform’s above-average fees for certain transactions and inactivity fees might deter less active traders.

Countries of operation

United Kingdom, European Union, Australia, Bahamas .

United Kingdom, United States, European Union, Canada, Australia, Singapore .

Best for

Capital.com is ideal for investors looking to trade a wide variety of cryptocurrencies with competitive spreads and zero commissions. Its user-friendly platform and extensive educational resources make it a good choice for beginners and those interested in CFD trading.

OANDA is best for traders who want the flexibility to trade both crypto CFDs and underlying crypto assets. Its strong regulatory framework and user-friendly app make it a good choice for those looking for a secure trading environment.

Account

Trading

Capital.com provides extensive crypto CFD trading options, with over 370 cryptocurrencies available. The platform is user-friendly and offers low spreads, making it suitable for both beginners and experienced traders.

OANDA offers crypto CFD trading with a focus on transparency and regulation. The platform provides competitive spreads and leverage, making it a secure choice for trading cryptocurrencies.

Deposit and withdrawal

Capital.com provides a seamless deposit and withdrawal experience with no fees. Supported methods include bank transfers, credit/debit cards, and e-wallets like PayPal and Apple Pay. Transactions are typically processed quickly.

OANDA offers deposits and withdrawals via bank transfers, credit/debit cards, and e-wallets. The process is straightforward, but fees may apply for certain withdrawal methods, especially international transfers.

Account opening process

Capital.com offers a seamless account opening experience. The process is fully digital and involves filling out personal information, financial status, and trading experience. Users must also submit verification documents. Accounts are typically approved within one business day.

OANDA has a straightforward and fully digital account opening process. Users need to fill out an online form with personal and financial details and submit verification documents. Accounts are typically approved within one business day.

KYC required?

KYC is mandatory at Capital.com. Users must complete identity verification by submitting personal identification documents and proof of residence.

OANDA requires KYC verification. Users must submit personal identification documents and proof of address to open an account.

Customer Service

Capital.com offers exceptional customer service with 24/7 support via live chat, phone, and email. The support team is highly responsive and provides detailed answers, ensuring users get the help they need promptly.

OANDA provides strong customer support available 24/5 via phone, email, and live chat. The support team is generally responsive and knowledgeable, making it easy for users to resolve their issues.

Security

Which of these exchanges is for you?

Alejandro Borja

As an expert on our website, I highly recommend Capital.com for those interested in cryptocurrency trading, especially if you’re looking for a platform with a wide range of crypto options and excellent user experience. The platform’s extensive selection of 377 cryptocurrencies and 490+ crypto pairs provides ample trading opportunities, while its intuitive interfaces and robust security measures make it a reliable choice for both beginners and seasoned traders. Despite the limitation of offering only CFD trading, the low fees and fast transactions make it an appealing option for anyone looking to engage in crypto trading.

Xavier Tarrasó

As an expert on our website, I highly recommend OANDA for its reliability and robust security measures in cryptocurrency trading. OANDA’s regulation by top-tier authorities such as the FCA and CFTC ensures a secure trading environment. The platform offers a user-friendly experience with advanced charting tools and over 60 crypto trading pairs through its partnership with Paxos Trust Company. Despite its higher withdrawal fees and lack of leverage for crypto, OANDA is an excellent choice for traders seeking a trustworthy and well-regulated broker.

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How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Comparison of Capital.com vs OANDA [ 2024 ]

Capital.com

OANDA

Main points

Recommended for

Comparison of fees

Rating

Level

Brief explanation

Capital.com

OANDA

Product selection

Native token

Earns

NFT marketplace

Cripto/debit card

Company information

Full name

Regulation

Year founded

Founder

Payment methods

Transfers

Mastercard

Wire transfer

Card

Comparative table

Key features

Analysis tools

Mobile APP

Security

Additional features

Anonymity

Key points

Available cryptocurrencies

User-friendliness

Value for money

Countries of operation

Best for

Account

Trading

Deposit and withdrawal

Account opening process

KYC required?

Customer Service

Security

Which of these exchanges is for you?

How do we review crypto exchanges?

Risk Disclaimer

More comparatives Capital.com and OANDA