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OANDA — where it wins, where it loses

OANDA wins on regulatory reach, entry cost. No column in our set puts it behind the field. Priced across ten round-turn EUR/USD lots it comes 29 of 39 in this field.

$100.00Cost per 10 lots — the cheapest in the field runs $10.00
1.00pEUR/USD figure the comparison is priced from
5Tier-1 entries of 5 licence rows
NoneMinimum to open, where the broker states one

Column by column

The split

Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.

Wins on

  • regulatory reach
  • entry cost

Loses on

No column in this set puts OANDA behind the field.

Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.

Licensing

Which entity, which regulator, which number

Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.

OANDA — licence rows on file
RegulatorNumberJurisdictionTierEntityRead from
FCAUKTier 1
CFTC/NFAUSATier 1
ASICAustraliaTier 1
IIROCCanadaTier 1
MASSingaporeTier 1

Checkable

Facts the comparison runs on

On the record

    Comparison inputs
    Trading since1996
    BaseNew York, USA
    Minimum to openNone
    Leverage cap1:50 (US) / 1:30 (UK retail)
    EUR/USD1.00 pips
    TerminalsMT4, MT5, OANDA Trade, TradingView
    Account tiersStandard, Core, Swap-free
    Marketsnot verified
    Record confidencemedium
    Matchup-readyyes — enough public cost data to run a head-to-head

    Excluded from the maths

    Not verified

    Not verified

    Every input above traces to a source we can re-open. Nothing about OANDA is carried on the broker's word alone.

    Costs less

    Who beats OANDA on price

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.