OANDA vs FXTM 2026: Which Broker is Better?
Choosing between OANDA and FXTM depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while FXTM operates from Limassol, Cyprus. OANDA has the longer track record, established in 1996, compared to FXTM which was founded in 2011. 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
FXTM
| OANDA | FXTM | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.6/5 |
| Min. Deposit | $0 ✓ | $10 |
| Spread from | 0.6 pips | 0.1 pips ✓ |
| Max Leverage | 1:50 | 1:2000 ✓ |
| Regulation | CFTC, FCA, ASIC ✓ | FCA, CySEC, FSCA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | MT4, MT5 |
OANDA is the better choice overall, scoring 4.3/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).
See full side-by-side comparison belowOANDA vs FXTM: Key Differences
OANDA
WinnerFXTM
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Fees Comparison
OANDA
FXTM
Regulation & Trust
OANDA holds licences from FCA, CFTC, ASIC. FXTM is regulated by FCA, CySEC, FSCA.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. FXTM adds Stocks.
Fees & Spreads
On spreads, FXTM is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.6 pips at OANDA.
Trading Platforms
OANDA supports MT4, Proprietary Web, Proprietary Mobile. FXTM offers MT4, MT5. Both brokers are available on MT4.
Minimum Deposit
OANDA requires no minimum deposit, while FXTM sets a minimum deposit of $10. This makes OANDA accessible to traders with any budget.
Overall Ratings
BrokerRank scores OANDA at 4.09/5 and FXTM at 3.59/5, 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
- No minimum deposit
- More regulatory licences (7)
FXTM
3.6/5
Choose FXTM if you want…
- Tighter spreads (from 0.1 pips)
- Higher leverage (up to 1:2000)
- More market types (5)
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 & FXTM are available in
Frequently Asked Questions
1Is OANDA better than FXTM?
OANDA scores higher overall on our independent rating system. OANDA holds a 4.3/5 rating vs FXTM's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, OANDA or FXTM?
OANDA offers spreads from 0.6 pips, while FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for OANDA vs FXTM?
OANDA requires a minimum deposit of $0. FXTM requires $10.
4Which broker is safer, OANDA or FXTM?
OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while FXTM holds licences from FCA, CySEC, FSCA.
5What trading platforms do OANDA and FXTM support?
OANDA supports MT4, Proprietary Web, Proprietary Mobile. FXTM supports MT4, MT5.
6Can I use both OANDA and FXTM?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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