Forex.com vs OANDA
Side-by-side comparison of regulation, trading costs, platforms, and account types for Forex.com and OANDA.
Forex.comTrust 8.8/10
CFTC-NFA
FCA
ASIC
CIRO
StoneX Group subsidiary. Strong US presence with CFTC-NFA regulation. Raw account with 0.0 pips spread plus $5/lot commission.
OANDATrust 9.0/10
ASIC
FCA
CFTC-NFA
IIROC
One of the most trusted forex brokers worldwide. Founded 1996, regulated by 6+ tier-1 authorities including US CFTC. No minimum deposit, transparent pricing, deep institutional liquidity.
Quick verdict
- Trust: OANDA has the higher trust score.
- EUR/USD spread: Forex.com is tighter on EUR/USD.
Side-by-side comparison
| Feature | Forex.com | OANDA |
|---|---|---|
| Trust score | 8.8 | 9.0 |
| Regulators | CFTC-NFA, FCA, ASIC, CIRO, MAS, JFSA | ASIC, FCA, CFTC-NFA, IIROC, MAS, FSA-Japan |
| Headquarters | — | — |
| Founded | — | — |
| Min deposit | $100 | $0.00 |
| Max leverage | 1:400 | 1:200 |
| EUR/USD spread | 0.20 pips | 0.30 pips |
| Commission per lot | $5 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | — | — |
| Withdrawal methods | — | — |
| Withdrawal speed | — | — |
| Base currencies | — | — |
Forex.com is best for
US traders
Multi-asset traders
Cost-conscious raw spread users
OANDA is best for
Beginners
US traders
API/algo developers
Long-term traders