CMC Markets vs OANDA
By Akash · Facts re-checked (UTC)
Here is how CMC Markets and OANDA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| CMC Markets | OANDA | |
|---|---|---|
| Regulators | FCA | FCA |
| Minimum deposit | No minimum deposit to open an account | No minimum deposit (OANDA Europe Limited, UK) |
| Spreads from | 0.7 points on forex (Next Generation, UK) | 0.6 pips EUR/USD (UK) |
| Max leverage | 30:1 for retail traders (CMC Markets UK plc) | – |
| Platforms | Next Generation, MetaTrader 4, TradingView | OANDA web, OANDA mobile, MetaTrader 4, MetaTrader 5, TradingView |
| Retail accounts losing money | 68% | 76.6% |
Full reviews: CMC Markets review · OANDA review
Frequently asked questions
What is the minimum deposit at CMC Markets and OANDA?
CMC Markets: No minimum deposit to open an account. OANDA: No minimum deposit (OANDA Europe Limited, UK).
Are CMC Markets and OANDA regulated?
CMC Markets: FCA. OANDA: FCA.
Which has tighter spreads, CMC Markets or OANDA?
Published spreads start from 0.7 points on forex (Next Generation, UK) at CMC Markets and 0.6 pips EUR/USD (UK) at OANDA.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more