Plus500 vs OANDA 2026: Which Broker is Better?
Compare Plus500 and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Plus500
OANDA
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| Plus500 | OANDA | |
|---|---|---|
| BrokerRank Score | 4.0/5 | 4.3/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.6 pips | 0.6 pips |
| Max Leverage | 1:30 | 1:50 ✓ |
| Regulation | FCA, CySEC, ASIC | CFTC, FCA, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.3/5 vs 4.0/5 on BrokerRank's independent rating. On fees, Plus500 offers lower spreads (0.6 pips).
See full side-by-side comparison belowPlus500 vs OANDA: Key Differences
Plus500
OANDA
WinnerStill deciding between Plus500 and OANDA?
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Fees Comparison
Plus500
OANDA
BrokerRank Verdict
Plus500 scores 3.98/5 while OANDA scores 4.34/5 in our independent rating.
OANDA edges ahead overall, but Plus500 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?
Plus500
4.0/5
Choose Plus500 if you want…
- More market types (6)
OANDA
4.3/5
Choose OANDA if you want…
- Higher overall rating (4.3/5)
- No minimum deposit
- Higher leverage (up to 1:50)
- More regulatory licences (7)
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 Plus500 & OANDA are available in
Frequently Asked Questions
1Is Plus500 better than OANDA?
OANDA scores higher overall on our independent rating system. Plus500 holds a 4.0/5 rating vs OANDA's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Plus500 or OANDA?
Plus500 offers spreads from 0.6 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Plus500 vs OANDA?
Plus500 requires a minimum deposit of $100. OANDA requires $0.
4Which broker is safer, Plus500 or OANDA?
Plus500 is regulated by FCA, CySEC, ASIC, MAS, while OANDA holds licences from CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF.
5What trading platforms do Plus500 and OANDA support?
Plus500 supports Proprietary Web, Proprietary Mobile. OANDA supports MT4, Proprietary Web, Proprietary Mobile.
6Can I use both Plus500 and OANDA?
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.
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