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Side-by-Side Comparison Independent Updated Oct 28, 2026

FXGT vs OANDA 2026: Which Broker is Better?

Compare FXGT and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

FXGT

OANDA

FXGTOANDA
BrokerRank Score3.2/54.3/5 ✓
Min. Deposit$5$0 ✓
Spread from0 pips ✓0.6 pips
Max Leverage1:1000 ✓1:50
RegulationCySEC, FSCACFTC, FCA, ASIC ✓
PlatformsMT5MT4, Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
OANDAFXGT
Best for Low Fees
FXGTOANDA
Best for Regulation
OANDAFXGT
Best Overall
OANDAFXGT
Quick Answer

OANDA is the better choice overall, scoring 4.3/5 vs 3.2/5 on BrokerRank's independent rating. On fees, FXGT offers lower spreads (0 pips).

See full side-by-side comparison below

FXGT vs OANDA: Key Differences

Feature

FXGT

OANDA

Winner
Our Rating
3.2 / 5
4.3 / 5
Min. Deposit
$5
$0
Max Leverage
Spread From
0 pips
0.6 pips
Commission
None
None
Regulated By
CFTCFCAASICMASCIROBVI FSCKNF
Platforms
MT5
MT4, Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Indices, Commodities
Forex, Cfd, Indices, Commodities
Founded
2019
1996
Headquarters
Limassol, Cyprus
New York, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

FXGT

Lower fees

OANDA

Spread From
0 pips
0.6 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

FXGT scores 3.16/5 while OANDA scores 4.34/5 in our independent rating.

OANDA edges ahead overall, but FXGT may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

FXGT

FXGT

3.2/5

Choose FXGT if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:1000)
  • More market types (5)
OANDA

OANDA

4.3/5

Top pick

Choose OANDA if you want…

  • Higher overall rating (4.3/5)
  • No minimum deposit
  • More regulatory licences (7)
  • More established (est. 1996)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both FXGT & OANDA are available in

Frequently Asked Questions

1

Is FXGT better than OANDA?

OANDA scores higher overall on our independent rating system. FXGT holds a 3.2/5 rating vs OANDA's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, FXGT or OANDA?

FXGT offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FXGT vs OANDA?

FXGT requires a minimum deposit of $5. OANDA requires $0.

4

Which broker is safer, FXGT or OANDA?

FXGT is regulated by CySEC, FSCA, while OANDA holds licences from CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF.

5

What trading platforms do FXGT and OANDA support?

FXGT supports MT5. OANDA supports MT4, Proprietary Web, Proprietary Mobile.

6

Can I use both FXGT and OANDA?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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