CMC Markets
Oanda

Regulations and Licenses

Feature
CMC Markets
Oanda
ASIC (Australia)
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
CIRO / IIROC (Canada)
FMA (New Zealand)
DFSA (Dubai)
BaFin (Germany)
FSC (Mauritius)
IFSC (Belize)
FSC BVI (British Virgin Islands)
Other Regulators

Brokerage

Feature
CMC Markets
Oanda
EUR/USD Avg. Raw Spread
0.5
-
GBP/USD Avg. Raw Spread
0.9
0.2
AUD/USD Avg. Raw Spread
0.6
0.2
EUR/USD Standard Spread
1.12
0.6
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.32
0.9
AUD/USD Avg. Standard Spread
1.64
0.7
Commissions (USD Base)
$2.50
-
Minimum Deposit
$0
$0
Swap Free Account
No Inactivity Fees
Funding Methods
6+
6+
No Funding Fees

Markets and Instruments

Feature
CMC Markets
Oanda
Currency Pairs
338+
70+
Cryptocurrency CFDs*
19+
4+
Index CFDs
46+
16+
Share CFDs
9,000+
-
Commodities CFD
124+
34+
Stockbroking
9,000+
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
100:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
500:1
100:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
100:1
Retail Max. Leverage (UAE)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (UAE)
-
100:1
Retail Max. Leverage (USA)
-
Major Pairs 50:1
Minor Pairs 33:1
Retail Max. Leverage (Canada)
Major Pairs: 52:1
Minor Pairs 16:1
Major Pairs 50:1
Minor Pairs 33:1
Retail Max. Leverage (Singapore)
Major Pairs 20:1
Minor Pairs 10:1
Major Pairs 20:1
Pro. Max. Leverage (Singapore)
500:1
100:1
Retail Max. Leverage (With offshore regulators)
Major Pairs 500:1
-
Professional Leverage
500:1
100:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
CMC Markets
Oanda
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

CMC Markets
Oanda
Our Rating
69
91
 

Our full comparison covers the 10 most essential trading factors between CMC Markets and OANDA.

  • CMC Markets offers a vast range of 9,500 CFD products, while OANDA provides fewer CFDs but 70 forex pairs.
  • OANDA boasts spreads as low as 0.1 pips for EUR/USD, whereas CMC Markets starts from 0.3 pips for the same pair. CMC Markets is considered the clear winner for tighter spreads on most major currency pairs compared to OANDA.
  • OANDA provides a Standard or Premium retail investor account, while CMC Markets offers a choice between a CFD or Corporate account.