IG vs OANDA
Side-by-side comparison of regulation, trading costs, platforms, and account types for IG and OANDA.
IGTrust 9.1/10
ASIC
FCA
BaFin
MAS
Worlds largest CFD provider. LSE-listed (IGG) since 1974. Regulated globally including US CFTC. ProRealTime, MT4, and own platforms.
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: IG has the higher trust score.
- EUR/USD spread: OANDA is tighter on EUR/USD.
Side-by-side comparison
| Feature | IG | OANDA |
|---|---|---|
| Trust score | 9.1 | 9.0 |
| Regulators | ASIC, FCA, BaFin, MAS, CFTC-NFA, JFSA | ASIC, FCA, CFTC-NFA, IIROC, MAS, FSA-Japan |
| Headquarters | — | — |
| Founded | — | — |
| Min deposit | $0.00 | $0.00 |
| Max leverage | 1:200 | 1:200 |
| EUR/USD spread | 0.60 pips | 0.30 pips |
| Commission per lot | $0.00 | $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 | — | — |
IG is best for
Long-term CFD traders
US clients
Multi-asset traders
OANDA is best for
Beginners
US traders
API/algo developers
Long-term traders