Forex.com
Oanda
Our Rating
7.28
8.83
72% of retail investor accounts lose money when trading CFDs
76.6% of retail investor accounts lose money when trading CFDs

Regulations and Licenses

Feature
Forex.com
Oanda
ASIC (Australia)
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
CYSEC (Cyprus)
CIRO / IIROC (Canada)
FSC BVI (British Virgin Islands)
CIMA (Cayman Islands)

Brokerage

Feature
Forex.com
Oanda
EUR/USD Avg. Raw Spread
-
-
GBP/USD Avg. Raw Spread
-
-
AUD/USD Avg. Raw Spread
-
-
EUR/USD Standard Spread
1.2
0.6
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
1.6
0.9
AUD/USD Avg. Standard Spread
1.4
0.7
Commissions (USD Base)
$6.00
-
Minimum Deposit
$100
$0
Swap Free Account
No Inactivity Fees
Funding Methods
4+
6+
No Funding Fees

Markets and Instruments

Feature
Forex.com
Oanda
Currency Pairs
80+
70+
Cryptocurrency CFDs*
8+
4+
Index CFDs
15+ (Standard Account)
16+
Share CFDs
220+ (Standard Account)
-
Commodities CFD
26+
34+
Stockbroking
-
-
Retail Max Leverage (Australia)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
-
100:1
Retail Max. Leverage (The United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (The United Kingdom)
400:1
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)
400:1
100:1
Retail Max. Leverage (UAE)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (UAE)
-
100:1
Retail Max. Leverage (USA)
Spot 50:1
Futures 6.25:1
Major Pairs 50:1
Minor Pairs 33:1
Retail Max. Leverage (Canada)
Major Pairs 33:1
Minor Pairs 17:1
Major Pairs 50:1
Minor Pairs 33:1
Retail Max. Leverage (Singapore)
-
Major Pairs 20:1
Pro. Max. Leverage (Singapore)
-
100:1
Retail Max. Leverage (With offshore regulators)
Major Pairs 200:1
Minor Pairs 100:1
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
Forex.com
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

Forex.com
Oanda
Our Rating
7.28
8.83