OANDA vs Plus500 2026
By Akash · Facts re-checked (UTC)
Here is how OANDA and Plus500 compare on regulation, costs and platforms.
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.
Plus500 offers CFDs through its own WebTrader and app via entities regulated by the FCA, CySEC and ASIC.
Side by side
| OANDA | Plus500 | |
|---|---|---|
| Regulators | FCA | FCA, CySEC, ASIC |
| Minimum deposit | No minimum deposit (OANDA Europe Limited, UK) | – |
| Spreads from | 0.6 pips EUR/USD (UK) | – |
| Max leverage | – | 1:30 on forex CFDs for retail clients |
| Platforms | OANDA webOANDA mobile | Plus500 WebTraderPlus500 app |
| Retail accounts losing money | 76.6% | – |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: OANDA review · Plus500 review.
Frequently asked questions
Are OANDA and Plus500 regulated?
OANDA: FCA. Plus500: FCA, CySEC, ASIC.
More OANDA comparisons
More Plus500 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