OANDA
Sarwa
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
Choosing between OANDA and Sarwa depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while Sarwa operates from Dubai, UAE. OANDA has the longer track record, established in 1996, compared to Sarwa which was founded in 2017. 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
Sarwa
| OANDA | Sarwa | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $500 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:50 ✓ | 1:1 |
| Regulation | FCA, CFTC, ASIC ✓ | DFSA, SEC |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.1/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Sarwa offers lower spreads (0 pips).
See full side-by-side comparison belowOANDA
WinnerSarwa
OANDA
Sarwa
Lower feesOANDA holds licences from FCA, CFTC, ASIC. Sarwa is regulated by SEC, DFSA.
OANDA additionally covers Forex, Cfd, Indices, Commodities. Sarwa adds Etf, Stocks, Crypto.
On spreads, Sarwa is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at OANDA.
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Sarwa offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
OANDA requires no minimum deposit, while Sarwa sets a minimum deposit of $500. This makes OANDA accessible to traders with any budget.
BrokerRank scores OANDA at 4.09/5 and Sarwa at 3.34/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. OANDA leads overall with a clear advantage.
OANDA
4.1/5
Choose OANDA if you want…
Sarwa
3.3/5
Choose Sarwa if you want…
OANDA scores higher overall on our independent rating system. OANDA holds a 4.1/5 rating vs Sarwa's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
OANDA offers spreads from 0.6 pips, while Sarwa starts at 0 pips. Check the fees section above for a full breakdown.
OANDA requires a minimum deposit of $0. Sarwa requires $500.
OANDA is regulated by FCA, CFTC, ASIC, MAS, while Sarwa holds licences from DFSA, SEC.
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Sarwa supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.