OANDA vs Markets.com 2026: Which Broker is Better?
Choosing between OANDA and Markets.com depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while Markets.com operates from Limassol, Cyprus. OANDA has the longer track record, established in 1996, compared to Markets.com which was founded in 2008. 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
Markets.com
| OANDA | Markets.com | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.8/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.6 pips | 0.6 pips |
| Max Leverage | 1:50 | 1:300 ✓ |
| Regulation | CFTC, FCA, ASIC ✓ | CySEC, ASIC, FCA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Web |
OANDA is the better choice overall, scoring 4.3/5 vs 3.8/5 on BrokerRank's independent rating. On fees, OANDA offers lower spreads (0.6 pips).
See full side-by-side comparison belowOANDA vs Markets.com: Key Differences
OANDA
WinnerMarkets.com
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Fees Comparison
OANDA
Markets.com
Regulation & Trust
OANDA holds licences from FCA, CFTC, ASIC. Markets.com is regulated by ASIC, FCA, CySEC.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Markets.com adds Stocks.
Fees & Spreads
On spreads, OANDA is more competitive with EUR/USD spreads from 0.6 pips, compared to 0.6 pips at Markets.com.
Trading Platforms
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Markets.com offers MT4, MT5, Proprietary Web. Both brokers are available on MT4, Proprietary Web.
Minimum Deposit
OANDA requires no minimum deposit, while Markets.com sets a minimum deposit of $100. This makes OANDA accessible to traders with any budget.
Overall Ratings
BrokerRank scores OANDA at 4.09/5 and Markets.com at 3.76/5, 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 minimum deposit
- More regulatory licences (7)
- More established (est. 1996)
Markets.com
3.8/5
Choose Markets.com if you want…
- Higher leverage (up to 1:300)
- More market types (6)
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 & Markets.com are available in
Frequently Asked Questions
1Is OANDA better than Markets.com?
OANDA scores higher overall on our independent rating system. OANDA holds a 4.3/5 rating vs Markets.com's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, OANDA or Markets.com?
OANDA offers spreads from 0.6 pips, while Markets.com starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for OANDA vs Markets.com?
OANDA requires a minimum deposit of $0. Markets.com requires $100.
4Which broker is safer, OANDA or Markets.com?
OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while Markets.com holds licences from CySEC, ASIC, FCA.
5What trading platforms do OANDA and Markets.com support?
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Markets.com supports MT4, MT5, Proprietary Web.
6Can I use both OANDA and Markets.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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