Comparison

OANDA vs PTrader terminal

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

OANDA

Trade major and minor forex pairs on the go with instant quotes and free charting. Customize your platform for real-time notifications, risk management, and profitability monitoring. Stay updated with market news and analysis from a regulated global broker.

Highlights
  • Trade major and minor forex pairs
  • Instant quotes and free charting
  • Real-time notifications and risk management
  • Over 50 technical tools
  • Market signals and global newsfeeds
  • Fast order execution
Features
Read full description

Instantly trade on the go with the user-friendly, award-winning OANDA forex trading app. Trade major and minor forex pairs, such as EUR/USD, USD/CAD, USD/JPY, AUD/USD and GBP/USD. Get instant quotes and free charting on the OANDA forex trading app, with tight spreads and low commissions. Apply, fund, trade. Join other smart traders alongside an award-winning* global forex broker with over 25 years of experience. Discover OANDA, the smarter forex trading app. Download the free OANDA app in a few simple steps and start investing today. Instantly react to trading opportunities - Customize your platforms to receive notifications, manage positions, control risk, and monitor account profitability in real-time. - Quick and exceptional forex trading execution. - Place market orders directly through charts in just a few clicks. - Personalize your default parameters using a customizable interface. - The OANDA mobile trading app is engineered for reliability and speed, ensuring fast order execution. - Trade FX by adding funds through the OANDA mobile app**. Discover the forex markets - Trade popular forex pairs, such as EUR/USD, USD/CAD, USD/JPY, AUD/USD and GBP/USD. - Access over 50 technical tools (32 overlay indicators, 11 drawing tools, and 9 chart types). - Manage orders, risk exposure and technical analysis through a click. - Set up pending orders while seeing the potential profit or loss impact on your account. Stay up to date with market trends Access OANDA's events calendar, market signals, and global newsfeeds such as Dow Jones and OANDA MarketPulse and ensure you're up to date with trading news and forex analysis. Why you should trade with OANDA - We’re a fully regulated forex broker, with offices in nine regions globally. - We support regulatory oversight of the retail trading industry and the protection of our clients. - We care about fairness and transparency so you always know how much you’re paying when you trade with us. - Our FX trading app comes with a wide range of currency pairs including EUR/USD, USD/CAD, AUD/USD and GBP/USD. - We don’t use software designed to push trades in our favor. - We provide multilingual 24/5 customer support during market hours. Download the free OANDA trading app. Apply for a live account today. *Awarded highest overall client satisfaction and best mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex). References to awards obtained by OANDA are for our business as a forex broker and do not relate to our digital assets business. *References to awards obtained by OANDA are for our business as a forex broker and do not relate to our digital assets business. **Funding options vary by region. The information contained on this website is not intended for a specific country audience and is not intended for distribution to countries where the distribution or use of this information would be contrary to local laws, requirements and regulations. Trading FX on margin is high risk and not suitable for everyone. Losses can exceed investments. OANDA Corporation has its office at 17 State Street, Suite 300, New York, NY 10004-1501.

About

PTrader terminal

This professional trading platform offers advanced tools for prop firm traders. It provides real-time execution, account monitoring, and performance analytics within proprietary trading firm environments. The app is designed for serious traders and does not act as a broker or financial institution.

Highlights
  • Real-time trading interface
  • Prop firm account management
  • Trading analytics and performance tracking
  • Fast execution environment
  • Secure account access
  • Multi-device trading experience
Features
Read full description

PTrader is a professional trading platform built specifically for prop firm traders. The app provides advanced tools for trade execution, account monitoring, analytics, and performance management across proprietary trading firm environments. PTrader is NOT a broker, exchange, investment advisor, or financial institution. The platform does not hold client funds, provide investment services, or facilitate deposits. Features: • Real-time trading interface • Prop firm account management • Trading analytics and performance tracking • Fast execution environment • Secure account access • Multi-device trading experience Built for serious traders operating within proprietary trading firm ecosystems.

Screenshots

OANDA4 screens
PTrader terminal3 screens

Verdict

The call

The clearest difference is monetization model: PTrader terminal at free against OANDA's free with in-app purchases. PTrader terminal also leads on rating (5.0 vs 4.7). OANDA's advantage is ratings volume (24K vs 1). On price, update cadence, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

PTrader terminal holds the better App Store score, 5.0 against 4.7. That said, the two scores are not equally well evidenced: OANDA has 24K ratings behind it against 1, so its average is the more settled of the two.

UpkeepUpdate frequency

OANDA ships an update every 11 days, PTrader terminal every 2 weeks. The most recent releases landed on October 29, 2026 and October 25, 2026 respectively.

Scorecard3 real differences · 7 level
OANDA versus PTrader terminal: the parameters behind the verdict, then further details
ParameterOANDAPTrader terminal
PriceFreeFree
Rating4.7 (24K ratings)5.0 (1 ratings) — better
Positive reviews64.1% of reviews—
Number of ratings24K — better1
Update frequencyEvery 11 days — betterEvery 2 weeks
AdsNoNo
In-app purchasesNoNo
MonetizationFree with in-app purchasesFree — better
DevicesiPhone, iPad, iPod — betteriPhone, iPad
Requires iOS15.0 — better16.0
Further details — not scored
Size172 MB8 MB
Age rating4+17+
DeveloperOANDA CorporationFxUnifyPro

Bugs and requests

OANDA

Reported bugs

5 issues
  • Freezing on login screen
  • Incorrect price data displayed
  • Disappearing trade history
  • Incompatibility with newer iOS versions
  • Unreliable push notifications

Requested features

5 requests
  • Add price alert functionality
  • Improve chart customization options
  • Implement a dark mode theme
  • Streamline withdrawal process
  • Enhance portfolio tracking and reporting

PTrader terminal

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

OANDA

No in-app purchases

None

PTrader terminal

No in-app purchases

Questions

Is OANDA free?
OANDA is free to download, with no in-app purchases.
Is PTrader terminal free?
PTrader terminal is free to download, with no in-app purchases.
Which has better reviews, OANDA or PTrader terminal?
PTrader terminal is rated higher. OANDA averages 4.7 out of 5 from 24K ratings, while PTrader terminal averages 5.0 from 1 ratings.
Do OANDA or PTrader terminal have ads?
Neither OANDA nor PTrader terminal shows ads.
Which is updated more often, OANDA or PTrader terminal?
OANDA ships an update every 11 days, and PTrader terminal every 2 weeks. Most recently, OANDA was updated on October 29, 2026 and PTrader terminal on October 25, 2026.

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