OANDA
Public.com
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
In this comparison of OANDA and Public.com, we explore two distinct brokerage models catering to different types of traders. OANDA, established in 1996, is a seasoned broker offering forex and CFD trading with a comprehensive regulatory framework, appealing to traders who value a no-minimum deposit policy and historical data access. In contrast, Public.com, launched in 2019, targets investors interested in commission-free stock and crypto trading, with a focus on social investing and a mobile-first experience. While OANDA provides a broader range of trading instruments and platforms like MT4, Public.com excels in offering a simplified, community-driven approach to investing without the complexities of leverage or margin trading.
OANDA
Public.com
| OANDA | Public.com | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.0/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:50 ✓ | 1:1 |
| Regulation | FCA, CFTC, ASIC ✓ | SEC |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Mobile |
OANDA is the better choice overall, scoring 4.1/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Public.com offers lower spreads (0 pips).
See full side-by-side comparison belowOANDA
WinnerPublic.com
OANDA
Public.com
Lower fees
OANDA
4.1/5
Choose OANDA if you want…
Public.com
3.0/5
Choose Public.com if you want…
OANDA scores higher overall on our independent rating system. OANDA holds a 4.1/5 rating vs Public.com's 3.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
OANDA offers spreads from 0.6 pips, while Public.com starts at 0 pips. Check the fees section above for a full breakdown.
OANDA requires a minimum deposit of $0. Public.com requires $0.
OANDA is regulated by FCA, CFTC, ASIC, MAS, while Public.com holds licences from SEC.
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Public.com supports Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.