OANDA vs Public.com 2026: Which Broker is Better?
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 | 4.3/5 ✓ | 3.0/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:50 ✓ | 1:1 |
| Regulation | CFTC, FCA, ASIC ✓ | SEC |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Mobile |
OANDA is the better choice overall, scoring 4.3/5 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 vs Public.com: Key Differences
OANDA
WinnerPublic.com
Still deciding between OANDA and Public.com?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
OANDA
Public.com
Lower feesBrokerRank Verdict
Who Should Choose Which?
OANDA
4.3/5
Choose OANDA if you want…
- Higher overall rating (4.3/5)
- Higher leverage (up to 1:50)
- More regulatory licences (7)
- More market types (4)
Public.com
3.0/5
Choose Public.com if you want…
- Tighter spreads (from 0 pips)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both OANDA & Public.com are available in
Frequently Asked Questions
1Is OANDA better than Public.com?
OANDA scores higher overall on our independent rating system. OANDA holds a 4.3/5 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.
2Which has lower fees, OANDA or Public.com?
OANDA offers spreads from 0.6 pips, while Public.com starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for OANDA vs Public.com?
OANDA requires a minimum deposit of $0. Public.com requires $0.
4Which broker is safer, OANDA or Public.com?
OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while Public.com holds licences from SEC.
5What trading platforms do OANDA and Public.com support?
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Public.com supports Proprietary Mobile.
6Can I use both OANDA and Public.com?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
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.
Featured
Deriv
4.0Capital at risk · T&Cs apply