FXTM vs OANDA
Side-by-side comparison of regulation, trading costs, platforms, and account types for FXTM and OANDA.
FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius
Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.
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: FXTM is tighter on EUR/USD.
Side-by-side comparison
| Feature | FXTM | OANDA |
|---|---|---|
| Trust score | 8.0 | 9.0 |
| Regulators | FCA, CySEC, FSCA, FSC-Mauritius, CMA | ASIC, FCA, CFTC-NFA, IIROC, MAS, FSA-Japan |
| Headquarters | Cyprus | — |
| Founded | 2011 | — |
| Min deposit | $10 | $0.00 |
| Max leverage | 1:1000 | 1:200 |
| EUR/USD spread | 0.00 pips | 0.30 pips |
| Commission per lot | $4 | $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 | Bank Wire, Credit/Debit Card, Skrill, Neteller | — |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | — |
| Withdrawal speed | 24h | — |
| Base currencies | USD, EUR, GBP, NGN | — |
FXTM is best for
High-volume traders
Day traders
Copy traders
OANDA is best for
Beginners
US traders
API/algo developers
Long-term traders