FXCM vs OANDA 2026
By Akash · Facts re-checked (UTC)
Here is how FXCM and OANDA compare on regulation, costs and platforms.
FXCM operates through Stratos group entities including Stratos Markets Limited (FCA, UK) and Stratos Trading Pty Ltd (ASIC, Australia), offering Trading Station, MT4 and TradingView.
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
| FXCM | OANDA | |
|---|---|---|
| Regulators | FCA | FCA |
| Minimum deposit | 50 currency units by card (UK); no minimum by wire | No minimum deposit (OANDA Europe Limited, UK) |
| Spreads from | – | 0.6 pips EUR/USD (UK) |
| Max leverage | 30:1 on major forex pairs for UK retail clients (Stratos Markets Limited) | – |
| Platforms | Trading Station | 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: FXCM review · OANDA review.
Frequently asked questions
What is the minimum deposit at FXCM and OANDA?
FXCM: 50 currency units by card (UK); no minimum by wire. OANDA: No minimum deposit (OANDA Europe Limited, UK).
Are FXCM and OANDA regulated?
FXCM: FCA. OANDA: FCA.
More FXCM 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