FBS vs OANDA 2026
By Akash · Facts re-checked (UTC)
Here is how FBS and OANDA compare on regulation, costs and platforms.
FBS is a forex and CFD broker operated by FBS Markets Inc. under the Financial Services Commission of Belize, offering MetaTrader 4, MetaTrader 5 and the FBS app with a $5 minimum deposit.
OANDA Europe Limited is authorised and regulated by the FCA (FRN 542574) and offers forex and CFDs on OANDA web and mobile, MT4, MT5 and TradingView.
76.6% of retail CFD accounts lose money with this provider.
Side by side
| FBS | OANDA | |
|---|---|---|
| Regulators | FSC (Belize) | FCA |
| Minimum deposit | $5 | No minimum deposit (OANDA Europe Limited, UK) |
| Spreads from | 0.7 pips (Standard account) | 0.6 pips EUR/USD (UK) |
| Max leverage | 1:3000 on forex (FBS Markets Inc., Belize) | – |
| Platforms | OANDA webOANDA mobile | |
| Retail accounts losing money | – | 76.6% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: FBS review · OANDA review.
Frequently asked questions
What is the minimum deposit at FBS and OANDA?
FBS: $5. OANDA: No minimum deposit (OANDA Europe Limited, UK).
Are FBS and OANDA regulated?
FBS: FSC (Belize). OANDA: FCA.
Which has tighter spreads, FBS or OANDA?
Published spreads start from 0.7 pips (Standard account) at FBS and 0.6 pips EUR/USD (UK) at OANDA.
More FBS comparisons
More OANDA comparisons
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 the full risk warning