Plus500
OANDA
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
Compare Plus500 and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Plus500
OANDA
OANDA is the better choice overall, scoring 4.1/5 vs 4.0/5 on BrokerRank's independent rating. On fees, Plus500 offers lower spreads (0.6 pips).
See full side-by-side comparison belowOverall Rating
OANDA
4.0 vs 4.1
Lowest Fees
Tied
0.6 vs 0.6 pips
Regulation
Tied
4 vs 4 licences
Min. Deposit
OANDA
$100 vs $0
Plus500
OANDA
WinnerPlus500
OANDA
Plus500 scores 3.98/5 while OANDA scores 4.09/5 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.
OANDA scores higher overall on our independent rating system. Plus500 holds a 4.0/5 rating vs OANDA's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Plus500 offers spreads from 0.6 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
Plus500 requires a minimum deposit of $100. OANDA requires $0.
Plus500 is regulated by FCA, CySEC, ASIC, MAS, while OANDA holds licences from FCA, CFTC, ASIC, MAS.
Plus500 supports Proprietary Web, Proprietary Mobile. OANDA supports MT4, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.