Quick Comparison
| Feature | OANDA | FOREX.com |
|---|---|---|
| Rating | ⭐ 4.5/5 | ⭐ 4.5/5 |
| Spreads | From 1.0 pips | From 0.8 pips |
| Regulation | FCA, ASIC, CFTC/NFA, MAS | FCA, ASIC, CFTC/NFA, CIRO |
| Min. Deposit | $0 | $100 |
| Platforms | OANDA Platform, MT4, TradingView | Advanced Trading, MT4, MT5 |
Detailed Analysis
The top two choices for US-based forex traders. Both are CFTC/NFA registered with long track records and strong reputations.
Spreads & Trading Costs
OANDA offers spreads from From 1.0 pips, while FOREX.com starts from From 0.8 pips. For active traders, even small spread differences compound significantly over thousands of trades.
Regulation & Safety
OANDA is regulated by FCA, ASIC, CFTC/NFA, MAS. FOREX.com holds licenses from FCA, ASIC, CFTC/NFA, CIRO. Both provide segregated client funds and negative balance protection for retail clients.
Trading Platforms
OANDA offers OANDA Platform, MT4, TradingView, while FOREX.com provides Advanced Trading, MT4, MT5. Platform choice often depends on whether you use Expert Advisors or automated strategies.
Minimum Deposit
OANDA requires $0, compared to $100 for FOREX.com. Lower minimums make it easier to start, but don't mistake minimum deposit for recommended starting capital.
Our Verdict
The Bottom Line
OANDA edges ahead on flexibility with no minimum deposit and TradingView integration. FOREX.com offers tighter spreads and a more powerful desktop platform.
Read Full Reviews
OANDA
Full in-depth review with detailed analysis of features, fees, and trading conditions.
Read OANDA Review →FOREX.com
Complete review covering regulation, platforms, costs, and our expert verdict.
Read FOREX.com Review →Not Sure Which Broker Is Right for You?
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