OANDA vs P2B: Fees, Security, Features & Which to Choose (2025)

Trying to choose between OANDA and P2B This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 27, 2025

OANDA

P2B

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Available Countries

United States

Yes

Europe

Yes

Latin America

Yes

India

Yes

China

Yes

Canada

Yes

United Kingdom

Yes

United States

Yes

Europe

Yes

Latin America

India

China

Canada

United Kingdom

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OANDA is ideal if:

Highly trusted, globally regulated – OANDA holds licenses from top-tier authorities (like CFTC, FCA, ASIC), giving you peace of mind in reliability and oversight.
Robust multi-platform flexibility – Access powerful and customizable trading environments across web, mobile, MT4, MT5, and TradingView.
Exceptional educational resources – Comprehensive learning tools, webinars, and research make OANDA especially supportive for continuous trader development.

P2B is ideal if:

Offers a high-performance launchpad engine that’s launched over 2,000 crypto projects without token-holding requirements—perfect if you’re a founder or eager early-stage investor.
Built for both beginners and businesses, it blends approachable trading with go-to-market support—ideal if you want a trading platform with strategic listing expertise.
Packs robust multilingual support, fast interface, and loyalty tiers—suiting you if you appreciate accessible, efficient trading plus escalating benefits for active users.

OANDA isn’t ideal if:

Limited asset variety outside forex: If you're focused on trading individual stocks or ETFs, OANDA doesn’t support direct equity access in most regions, making it less suitable for equity-centric investors.
No guaranteed stops in some regions: Traders in the U.S. or U.K. won’t benefit from guaranteed stop-loss orders, which may be a concern if strict risk control matters to you.
Platform differences by location: Access to MT4, MT5, or advanced APIs varies by jurisdiction, so if you rely on specific tools or automation, check tool availability based on your region before choosing OANDA.

P2B isn’t ideal if:

Limited regulatory clarity, which may cause uncertainty and higher perceived legal risk if you prefer fully regulated platforms.
Basic trading tools only, lacking advanced features like margin trading or sophisticated order types—less suited for power users or active traders.
Occasional withdrawal delays or support gaps, meaning if fast access to funds and responsive customer service are vital to you, P2B may fall short.

Fees & Total Costs

Spot Maker/Take

OANDA charges a flat crypto trading commission of around 0.25% per transaction, based on your 30-day trading volume tier; there’s no native token to offer discounts nor separate maker/taker pricing structure.

P2B uses a tiered structure based on 30-day trading volume, starting at 0.2 % for both maker and taker, decreasing gradually to as low as 0.01 % maker and 0.1 % taker at the highest volume tiers.

Futures/Derivatives

OANDA does not support crypto futures or derivatives; derivative trading (like CFDs or futures) is offered on other asset classes (e.g., forex, indices), but crypto is limited to spot trading with no funding or Rollover/Funding cost structure.

P2B does not currently offer futures or derivatives trading on its platform.

Average Spreads on Liquid Pairs

Exact spreads for crypto aren’t published as benchmarks like forex pairs; instead, costs are embedded into the price you see when you buy or sell, offering transparent execution without separate spread disclosures.

Typical spread data isn’t publicly listed, but high liquidity in top pairs like BTC/USDT and ETH/USDT suggests spreads are likely competitive and in line with other major spot exchanges.

Fiat Deposits & Withdrawals

You can fund or withdraw via bank transfer, credit/debit card, or instant bank (depending on region) with no fees charged by OANDA—though your own bank or payment provider may levy conversion or processing costs, and processing times vary from instant to a few business days.

Users can deposit fiat via wire transfer or credit card; withdrawals are available for fiat but come with percentage-based fees (e.g., 1 % for USD, 5 % for EUR) and processing time varies by method and currency.

On-chain Withdrawals

Crypto withdrawals via OANDA (partnering with Paxos/itBit) include a network fee that varies by blockchain (e.g., BTC, ETH, TRX), and while OANDA may not charge an internal fee, the dynamic network cost is passed on as part of the withdrawal.

Crypto withdrawals such as BTC are charged a fixed network-based fee (for example, around 0.0005 BTC), with similar fixed fees applied across supported blockchains like Ethereum and Tron.

Hidden Costs

While there are no surprise management or sign-up fees, you should note potential costs like currency conversion charges (if funding currency differs), monthly inactivity fees after a long dormancy period, or expedited KYC processing (if applicable)—though none are exorbitant.

Users may encounter extra charges—including currency conversion fees, inactivity penalties, or expedited KYC service fees—though specifics are not always disclosed, and should be factored into overall costs.

Real-World Cost Example: “€500 BTC

If you bought €500 worth of Bitcoin, the cost would include the 0.25% commission (approx. €1.25), the embedded execution spread in the quoted price, and a separate network fee for withdrawal—making the total cost a mix of commission, implicit price margin, and blockchain fee.

If you purchased €500 worth of BTC, you’d pay the trading fee (~0.2 %) plus any embedded spread, and then send funds on-chain—incurring the fixed BTC withdrawal fee—resulting in a slightly lower net amount of BTC received than the nominal purchase suggests.

Crypto Offering & Trading Features

Number of Coins & Pairs

OANDA offers a small, curated selection of around 9–10 spot cryptocurrencies—such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Aave, Chainlink, Uniswap, PAX Gold, and Solana—without a full rank-by-volume list, but includes the most popular coins by market activity.

P2B currently supports around 118 to 120 cryptocurrencies and approximately 185 trading pairs, with its top 20 pairs including highly liquid ones such as ETH/USDT, BTC/USDT, BTC/USD, LTC/USDT, BNB/USDT, SOL/USDT, ADA/USDT, AVAX/USDT, and XRP/USDT.

Product Range

OANDA supports only spot crypto trading via Paxos (no margin, perpetuals, options, crypto ETFs, staking, loans, copy trading, bots, or automatic DCA features are available).

The platform offers spot trading, access to launchpad/IEO/IDO participation, staking/earning opportunities, API-based trading, but does not offer margin, futures or derivatives like perpetuals, options, ETFs, lending, copy trading, grid bots, or automated DCA.

Liquidity

While exact figures aren’t public, liquidity is robust and consistently tight due to execution via the regulated Paxos itBit exchange, particularly on BTC and ETH pairs—ensuring reliable execution and minimal slippage.

P2B delivers notable liquidity, with 24-hour volumes exceeding one billion USD; ETH/USDT alone often sees hundreds of millions in daily volume, while BTC/USDT also ranks among the most traded, indicating solid order book depth.

Tools

The platform offers basic and advanced tools—including “Quick Buy/Sell” (a market-style limit order) and limit orders, stop orders, live alerts, in-app charting, full TradingView integration, and API/WebSocket access for automated strategies.

P2B’s trading interface includes limit and market orders (stop, OCO not clearly offered), customizable charts with drawing tools, real-time API access, but lacks native TradingView integration and order alerts as detailed features.

Geographic Restrictions by Product

Crypto services are limited in some jurisdictions—spot crypto is accessible only through the mobile and TradingView platforms, and availability may vary; likewise, services like CFDs or derivatives on crypto are not offered in several regions.

Some advanced offerings like derivatives are simply not available globally—P2B lacks complex products, and certain country-specific access (e.g., full product access in the U.S.) may be limited by regulation and platform policy.

Innovation

OANDA does not offer crypto launchpads/pools or flexible versus locked “earn” products; the focus remains firmly on straightforward spot trading, without DeFi-style or automated yield innovations.

P2B distinguishes itself with a launchpad (IEO/IDO) that has grown over 2,000 projects and raised significant funds, supports multiple blockchains (24 integrated) and offers both flexible and structured earn/staking opportunities for users and projects.

Security, Regulation & Custody

Operating Entity & Jurisdiction

OANDA Crypto is operated by OANDA Coinpass Limited, a UK-registered company (Company No. 11164834) based in London, while the broader OANDA Group was founded in 1996 and is headquartered in New York. It operates through regulated entities across multiple regions.

P2B is operated by a Lithuania-based company (often referenced as Partida Services), established around 2018, with links also to Ukraine and Spain, while ambiguously listing the UK as a “competent jurisdiction” despite lacking clear legal basis there.

Licenses/Registration

In the UK, OANDA Coinpass is registered with the FCA as both a Crypto-asset Exchange Provider and Custodian Wallet Provider, and other OANDA entities are regulated in major jurisdictions including the US (CFTC/NFA), EU (FCA/KNF), Canada (CIRO), Singapore (MAS), Australia (ASIC), Japan (FSA), and the BVI (FSC).

P2B is not officially licensed under top-tier global regulators or registered as a Virtual Asset Service Provider (VASP) under EU MiCA or equivalent frameworks, making its regulatory standing opaque and reinforcing its classification among less-regulated platforms.

Custody

Crypto holdings are entrusted to the third-party custodian Paxos (via Paxos Trust Company), not held by OANDA itself; while formal proof-of-reserves or audit summaries aren’t publicly shared, assets are maintained separately in user-named Paxos accounts.

There is no public evidence that P2B uses third-party custody services, publishes standard Proof of Reserves (PoR), or discloses the percentage of assets in cold storage—indicating limited transparency in how user assets are safeguarded.

Insurance & Protection Funds

No dedicated crypto insurance, fund protection, or compensatory schemes (like FSCS or SIPC) are in place; crypto assets are not covered by traditional financial protections in the event of platform or custodian insolvency.

P2B does not advertise any insurance coverage or protective funds for user assets, such as those that might cover losses from hacks or insolvency, which implies users bear most of the custodial risk themselves.

Incident History

There appears to be no record of past hacks, major outages, wallet freezes, or official fines affecting OANDA’s crypto services—indicating a clean operational track record thus far.

There are no recorded instances of major hacks or service suspensions publicly documented, but the platform’s downgraded compliance rating and warnings from regulators like the Canadian BCSC raise concerns about its operational risk profile.

Risk Controls

Robust security measures are offered including mandatory (or strongly encouraged) two-factor authentication, internal security monitoring, a dedicated bug bounty via ethical disclosures, and Paxos-level safeguards such as withdrawal whitelisting and secure custody.

P2B generally supports basic safety features including two-factor authentication (2FA) and KYC processes, though more advanced security tools like API key whitelisting, sub-account structure, anti-phishing protection, or fine-grained API permissions are either limited or not clearly detailed.

Transparency

OANDA provides detailed legal and risk documentation via its Crypto Legal pages, but public disclosures such as monthly audits, wallet addresses, or service-level SLA guarantees are not made openly accessible.

The exchange lacks routine public reporting such as monthly transparency reports, does not offer a publicly verifiable wallet address list, and does not present any formal service-level agreements (SLA), making its transparency practices minimal.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

Deposits are made via debit/credit card, wire transfer, ACH, BPay (Australia), or online banking—card deposits are almost instant (with monthly caps), while bank methods take 1–5 business days; no explicit minimums stated, and e-wallets are generally not supported for crypto accounts.

Users can fund their account via credit/debit cards (e.g., Visa/Mastercard via Simplex), third-party e-wallets like ADVcash or Perfect Money, and bank wire transfers; deposit minimums vary by provider while processing ranges from near-instant (cards) to a few days (wires).

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

Levels & Limits

KYC is optional; unverified users face a daily withdrawal cap (~$1,000–$2,000), while completing full identity verification—providing documents, selfie, address—removes these limits and unlocks full account functionality.

Withdrawals

Fiat withdrawals can be made with no set caps (GBP/EUR to originating bank) though large sums undergo extra review; crypto withdrawals require 2FA and whitelisting of destination addresses, with withdrawal networks (like ERC-20) chosen depending on the coin.

Withdrawal time depends on the asset and wallet (up to 24 hours or 36 hours for cold storage); users choose networks (e.g., ERC20, TRC20, BEP20) when available, with limits and speeds tied to asset and verification level.

Customer Support

Support runs seven days per week (roughly 7 AM–midnight GMT) via email and phone; crypto-specific FAQs and legal resources are available online for self-help.

Support is offered 24/7 via live chat, email, Telegram, and a comprehensive knowledge base, with response times generally fast; resource materials and FAQs help resolve most routine inquiries quickly.

Languages & Localization

The platform supports native Spanish (among other languages), displays fees in local currencies like €, and adapts regulatory compliance regionally—especially in the UK and EU.

The platform interface is available in several languages (including English, Spanish, Korean, Russian, Turkish, Thai), displays fees and balances in EUR or USD, but doesn’t tailor regulatory details per region beyond the general operating framework.

App Quality & Stability

The mobile app (on both Android and iOS) provides secure, responsive crypto trading—including auto-trade/DCA, advanced charting, and regular updates—though explicit crash rate or stability metrics aren’t published.

The web interface is modern and robust with advanced charting and API stability, but mobile apps are inconsistently available—Android is claimed but hard to find, and iOS may be missing—possibly affecting mobile reliability.

Experience, Performance & Ecosystem

UX/UI

OANDA delivers a clean, intuitive interface that balances simplicity with powerful tools—while there’s no explicit “Lite/Pro” mode, the mobile app is designed for both beginners and seasoned traders, offering quick buy/sell alongside advanced charting options.

The interface is crafted to balance simplicity with functionality—while there’s no explicit “Lite/Pro” toggle, the trading dashboard presents a clean design with candlestick charts, multiple technical indicators, and customizable layout elements, allowing both newcomers and more experienced users to tailor their view.

Performance

Thanks to OANDA’s partnership with Paxos’ itBit and TradingView integration, the platform ensures fast execution and reliable uptime, even during volatile periods—though, as with any high-demand service, minor responsive delays can occur under extreme market surges.

Thanks to its high-speed matching engine capable of handling up to 10,000 transactions per second, P2B maintains notably fast order executions even during high-volatility periods; user reports indicate the platform remains stable with minimal latency spikes, though KYC delays can occur during sharp bull runs.

Education

OANDA supplements its platform with helpful learning materials, including an education portal and demo capabilities (for other asset classes), but the crypto side currently offers fewer dedicated Spanish-language guides or simulation tools.

The platform lacks a formal academy or demo simulator, but it does offer educational value through blog content, project launch tutorials, and insights in Spanish and other languages—though no structured demo or Spanish-language academy currently exists.

Community

While OANDA doesn’t run official crypto-focused forums or Discord/Telegram communities, it leverages TradingView’s vast trader base for idea sharing, and offers standard referral incentives globally across its platform.

P2B supports community engagement via official Telegram and live support messaging, has a referral program and periodic airdrop or trading competition incentives, but lacks a formal forum or Discord-based discussion hub for broader peer interaction.

Integrations

The platform shines in integration—offering seamless real-time trading via TradingView’s charts, with API access for automation; however, it does not currently support external bot marketplaces, tax tools, or integrated accounting features.

The exchange offers its own graphical trading tools and APIs, yet it doesn’t provide direct integration with TradingView or external trading bots, nor specialized tax or accounting tool integrations at this time.

Who Each One Is Best For

OANDA is especially well-suited for traders who value a trusted, regulated environment with smooth TradingView access and dependable execution—less ideal for those seeking rich educational content in crypto or advanced automation and tax/reporting tools.

P2B suits traders who value a fast, intuitive trading experience with easy token launch participation—especially project creators or early investors—while those seeking advanced educational tools, trading automation, or social trading features may find it less fitting.