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OANDA vs Skilling

Side-by-side comparison of regulation, trading costs, platforms, and account types for OANDA and Skilling.

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.

SkillingTrust 8.2/10
CySEC
FSA-Seychelles

Scandinavian-built broker (CySEC and FSA-Seychelles regulated) with a clean modern platform and cTrader integration. Premium account spreads from 0.1 pips with $3.50 commission, and Nordic clients can verify with BankID for instant onboarding.

Quick verdict

  • Trust: OANDA has the higher trust score.
  • EUR/USD spread: OANDA is tighter on EUR/USD.

Side-by-side comparison

FeatureOANDASkilling
Trust score9.08.2
RegulatorsASIC, FCA, CFTC-NFA, IIROC, MAS, FSA-JapanCySEC, FSA-Seychelles
HeadquartersLimassol, Cyprus
Founded2016
Min deposit$0.00$100
Max leverage1:2001:500
EUR/USD spread0.30 pips0.70 pips
Commission per lot$0.00$4
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit Card, Skrill, Neteller, Trustly
Withdrawal methodsBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal speed24h
Base currenciesUSD, EUR, GBP

OANDA is best for

Beginners
US traders
API/algo developers
Long-term traders

Skilling is best for

Beginners
Day traders
Scalpers