OANDA vs DEGIRO 2026: Which Broker is Better?
Choosing between OANDA and DEGIRO depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while DEGIRO operates from Amsterdam, Netherlands. OANDA has the longer track record, established in 1996, compared to DEGIRO which was founded in 2013. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
OANDA
DEGIRO
| OANDA | DEGIRO | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.3/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:50 ✓ | 1:1 |
| Regulation | CFTC, FCA, ASIC ✓ | FCA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.3/5 vs 3.3/5 on BrokerRank's independent rating. On fees, DEGIRO offers lower spreads (0 pips).
See full side-by-side comparison belowOANDA vs DEGIRO: Key Differences
OANDA
WinnerDEGIRO
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Fees Comparison
OANDA
DEGIRO
Regulation & Trust
OANDA holds licences from FCA, CFTC, ASIC. DEGIRO is regulated by FCA.
Markets & Assets
Both brokers offer access to Indices, Commodities markets. OANDA additionally covers Forex, Cfd. DEGIRO adds Stocks.
Fees & Spreads
On spreads, DEGIRO is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at OANDA.
Trading Platforms
OANDA supports MT4, Proprietary Web, Proprietary Mobile. DEGIRO offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
OANDA requires no minimum deposit, while DEGIRO sets no minimum deposit. This makes OANDA accessible to traders with any budget.
Overall Ratings
BrokerRank scores OANDA at 4.09/5 and DEGIRO at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. OANDA leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
OANDA
4.3/5
Choose OANDA if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- Higher leverage (up to 1:50)
- More regulatory licences (7)
DEGIRO
3.3/5
Choose DEGIRO if you want…
- Tighter spreads (from 0 pips)
Also consider
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.
Both OANDA & DEGIRO are available in
Frequently Asked Questions
1Is OANDA better than DEGIRO?
OANDA scores higher overall on our independent rating system. OANDA holds a 4.3/5 rating vs DEGIRO's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, OANDA or DEGIRO?
OANDA offers spreads from 0.6 pips, while DEGIRO starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for OANDA vs DEGIRO?
OANDA requires a minimum deposit of $0. DEGIRO requires $0.
4Which broker is safer, OANDA or DEGIRO?
OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while DEGIRO holds licences from FCA.
5What trading platforms do OANDA and DEGIRO support?
OANDA supports MT4, Proprietary Web, Proprietary Mobile. DEGIRO supports Proprietary Web, Proprietary Mobile.
6Can I use both OANDA and DEGIRO?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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