IronFX vs OANDA 2026
By Akash · Facts re-checked (UTC)
Here is how IronFX and OANDA compare on regulation, costs and platforms.
IronFX is a multi-entity CFD broker whose Cyprus entity Notesco Financial Services Limited is CySEC-licensed (125/10), offering MT4, WebTrader and copy/PAMM tools.
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
| IronFX | OANDA | |
|---|---|---|
| Regulators | CySEC | FCA |
| Minimum deposit | – | No minimum deposit (OANDA Europe Limited, UK) |
| Spreads from | 0 pips (Raw ECN, with commission); 1.2 pips average on Standard accounts | 0.6 pips EUR/USD (UK) |
| 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: IronFX review · OANDA review.
Frequently asked questions
Are IronFX and OANDA regulated?
IronFX: CySEC. OANDA: FCA.
Which has tighter spreads, IronFX or OANDA?
Published spreads start from 0 pips (Raw ECN, with commission); 1.2 pips average on Standard accounts at IronFX and 0.6 pips EUR/USD (UK) at OANDA.
More IronFX 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