FOREX.com vs OANDA
By Akash · Facts re-checked (UTC)
Here is how FOREX.com and OANDA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FOREX.com | OANDA | |
|---|---|---|
| Regulators | FCA, NFA/CFTC | FCA |
| Minimum deposit | $100 (US); £100 (UK) | No minimum deposit (OANDA Europe Limited, UK) |
| Spreads from | 0.8 pips EUR/USD (Standard account) | 0.6 pips EUR/USD (UK) |
| Commission | RAW Spread account: EUR/USD from 0.2 points plus commission | – |
| Max leverage | 50:1 (US entity, NFA/CFTC) | – |
| Platforms | FOREX.com web platform, FOREX.com mobile app, TradingView, MetaTrader 4, MetaTrader 5 | OANDA web, OANDA mobile, MetaTrader 4, MetaTrader 5, TradingView |
| Retail accounts losing money | – | 76.6% |
Full reviews: FOREX.com review · OANDA review
Frequently asked questions
What is the minimum deposit at FOREX.com and OANDA?
FOREX.com: $100 (US); £100 (UK). OANDA: No minimum deposit (OANDA Europe Limited, UK).
Are FOREX.com and OANDA regulated?
FOREX.com: FCA, NFA/CFTC. OANDA: FCA.
Which has tighter spreads, FOREX.com or OANDA?
Published spreads start from 0.8 pips EUR/USD (Standard account) at FOREX.com and 0.6 pips EUR/USD (UK) at OANDA; commission: FOREX.com RAW Spread account: EUR/USD from 0.2 points plus commission, OANDA none listed.
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