ThinkMarkets
Oanda
Our Rating
7.67
8.83
75.5% of retail investor accounts lose money when trading CFDs with this provider
76.6% of retail investor accounts lose money when trading CFDs

Regulations and Licenses

Feature
ThinkMarkets
Oanda
ASIC (Australia)
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
FSCA (South Africa)
CYSEC (Cyprus)
CIRO / IIROC (Canada)
FSA (Seychelles)

Brokerage

Feature
ThinkMarkets
Oanda
EUR/USD Avg. Raw Spread
0.1
-
GBP/USD Avg. Raw Spread
0.3
-
AUD/USD Avg. Raw Spread
0.2
-
EUR/USD Standard Spread
1.1
0.6
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
1.3
0.9
AUD/USD Avg. Standard Spread
1.1
0.7
Commissions (USD Base)
$3.50
-
Minimum Deposit
$0
$0
Swap Free Account
No Inactivity Fees
Funding Methods
6+
6+
No Funding Fees

Markets and Instruments

Feature
ThinkMarkets
Oanda
Currency Pairs
46+
70+
Cryptocurrency CFDs*
21+
4+
Index CFDs
21+
16+
Share CFDs
1200+
-
Commodities CFD
15+
34+
Stockbroking
-
-
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 (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)
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 50:1
Minor Pairs 33:1
Retail Max. Leverage (Singapore)
-
Major Pairs 20:1
Pro. Max. Leverage (Singapore)
-
100:1
Pro. Max. Leverage (South Africa)
500:1
-
Retail Max. Leverage (With offshore regulators)
500:1
100:1
Professional Leverage
-
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
ThinkMarkets
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

ThinkMarkets
Oanda
Our Rating
7.67
8.83
 

ThinkMarkets and OANDA stand out as two of the most respected brokers in the world of forex trading. In our detailed breakdown of ThinkMarkets vs OANDA, we delve deep into these aspects and more, offering a holistic view to assist you in making an informed decision. Find out which broker aligns best with your trading ambitions by exploring our thorough comparison.