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Side-by-Side Comparison Independent Updated Oct 25, 2026

Scope Markets vs OANDA 2026: Which Broker is Better?

Compare Scope Markets and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Scope Markets

OANDA

Higher ratedOANDA logo

OANDA

4.3/ 5
Visit OANDA →Full review
VS
Scope MarketsOANDA
BrokerRank Score3.0/54.3/5 ✓
Min. Deposit$10$0 ✓
Spread from0.6 pips0.6 pips
Max Leverage1:500 ✓1:50
RegulationCMA, FSCCFTC, FCA, ASIC ✓
PlatformsMT4, MT5MT4, Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
OANDAScope Markets
Best for Low Fees
Scope MarketsOANDA
Best for Regulation
OANDAScope Markets
Best Overall
OANDAScope Markets
Quick Answer

OANDA is the better choice overall, scoring 4.3/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Scope Markets offers lower spreads (0.6 pips).

See full side-by-side comparison below

Scope Markets vs OANDA: Key Differences

Feature

Scope Markets

OANDA

Winner
Our Rating
3.0 / 5
4.3 / 5
Min. Deposit
$10
$0
Max Leverage
Spread From
0.6 pips
0.6 pips
Commission
None
None
Regulated By
CMAFSC
CFTCFCAASICMASCIROBVI FSCKNF
Platforms
MT4, MT5
MT4, Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Crypto
Forex, Cfd, Indices, Commodities
Founded
2015
1996
Headquarters
Nairobi, Kenya
New York, USA
Score
0 / 3
3 / 3

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Fees Comparison

Fee

Scope Markets

OANDA

Spread From
0.6 pips
0.6 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Scope Markets scores 3.04/5 while OANDA scores 4.34/5 in our independent rating.

OANDA edges ahead overall, but Scope Markets 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?

Scope Markets

Scope Markets

3.0/5

Choose Scope Markets if you want…

  • Higher leverage (up to 1:500)
  • More market types (5)
OANDA

OANDA

4.3/5

Top pick

Choose OANDA if you want…

  • Higher overall rating (4.3/5)
  • No minimum deposit
  • More regulatory licences (7)
  • More established (est. 1996)

Also consider

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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.

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80% of retail CFD accounts lose money.

Both Scope Markets & OANDA are available in

Frequently Asked Questions

1

Is Scope Markets better than OANDA?

OANDA scores higher overall on our independent rating system. Scope Markets holds a 3.0/5 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.

2

Which has lower fees, Scope Markets or OANDA?

Scope Markets offers spreads from 0.6 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Scope Markets vs OANDA?

Scope Markets requires a minimum deposit of $10. OANDA requires $0.

4

Which broker is safer, Scope Markets or OANDA?

Scope Markets is regulated by CMA, FSC, while OANDA holds licences from CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF.

5

What trading platforms do Scope Markets and OANDA support?

Scope Markets supports MT4, MT5. OANDA supports MT4, Proprietary Web, Proprietary Mobile.

6

Can I use both Scope Markets 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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