# OANDA vs PTrader terminal

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.

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

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.

OANDA ships an update every 11 days, PTrader terminal every 2 weeks. The most recent releases landed on October 30, 2026 and October 25, 2026 respectively.

## The numbers

| Metric | OANDA | PTrader terminal |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.7 (24K ratings)](https://appshunter.io/ios/app/oanda-forex-trading/id370922777/reviews) | **[5.0 (1 ratings)](https://appshunter.io/ios/app/ptrader-terminal/id6774378143/reviews)** |
| Number of ratings | **24K** | 1 |
| Positive reviews | 64.1% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Every 11 days** | Every 2 weeks |
| Monetization | Free with in-app purchases | **Free** |
| Size | 172 MB | 8 MB |
| Requires iOS | **15.0** | 16.0 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPad |
| Age rating | 4+ | 17+ |
| Developer | [OANDA Corporation](https://appshunter.io/developer/326884238) | [FxUnifyPro](https://appshunter.io/developer/6774378145) |

## What reviewers say

### OANDA

[App page](https://appshunter.io/ios/app/oanda-forex-trading/id370922777)

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:** macOS Compatibility, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 🚀 Easy to use
- 👍 User-friendly interface
- 🚀 Smooth execution
- 🚀 Convenient mobile trading
- 👍 Great charting features

**What reviewers complain about**

- 🐛 Frequent crashes
- 🐛 Unreliable price alerts
- 🐛 Slow app performance
- 🐛 Inconsistent login issues
- 🐛 Withdrawal difficulties

**Reported bugs**

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

**Requested features**

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


### PTrader terminal

[App page](https://appshunter.io/ios/app/ptrader-terminal/id6774378143)

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:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked 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 30, 2026 and PTrader terminal on October 25, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*