OANDA vs Forex.com 2026: Which Broker is Better?
Compare OANDA and Forex.com side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
OANDA
Forex.com
| OANDA | Forex.com | |
|---|---|---|
| BrokerRank Score | 4.3/5 | 4.4/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.6 pips ✓ | 0.8 pips |
| Max Leverage | 1:50 | 1:200 ✓ |
| Regulation | CFTC, FCA, ASIC ✓ | FCA, CFTC, ASIC |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Web |
Forex.com is the better choice overall, scoring 4.4/5 vs 4.3/5 on BrokerRank's independent rating. On fees, OANDA offers lower spreads (0.6 pips).
See full side-by-side comparison belowOANDA vs Forex.com: Key Differences
OANDA
WinnerForex.com
Still deciding between OANDA and Forex.com?
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Fees Comparison
OANDA
Lower feesForex.com
BrokerRank Verdict
OANDA scores 4.34/5 while Forex.com scores 4.40/5 in our independent rating.
Forex.com edges ahead overall, but OANDA 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?
OANDA
4.3/5
Choose OANDA if you want…
- Tighter spreads (from 0.6 pips)
- No minimum deposit
- More regulatory licences (7)
- More established (est. 1996)
Forex.com
4.4/5
Choose Forex.com if you want…
- Higher overall rating (4.4/5)
- Higher leverage (up to 1:200)
- More market types (6)
- More platforms (4 supported)
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 & Forex.com are available in
Frequently Asked Questions
1Is OANDA better than Forex.com?
Forex.com scores higher overall on our independent rating system. OANDA holds a 4.3/5 rating vs Forex.com's 4.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, OANDA or Forex.com?
OANDA offers spreads from 0.6 pips, while Forex.com starts at 0.8 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for OANDA vs Forex.com?
OANDA requires a minimum deposit of $0. Forex.com requires $100.
4Which broker is safer, OANDA or Forex.com?
OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while Forex.com holds licences from FCA, CFTC, ASIC, MAS.
5What trading platforms do OANDA and Forex.com support?
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Forex.com supports MT4, MT5, Proprietary Web, Proprietary Mobile.
6Can I use both OANDA and Forex.com?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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