Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| OANDA | FP Markets | |
|---|---|---|
| Overall score | 3.84 / 5 | 3.59 / 5 |
| Regulation | FCA No. 542574 OANDA was acquired by FTMO (the Czech "funded trader" prop-trading firm) from CVC Capital Partners effective 1 December 2025; FTMO says it will run OANDA as a standalone business -- a very recent ownership change worth confirming hasn't affected service before relying on it. |
CySEC No. 371/18 + FSA Seychelles No. SD130 FP Markets group also holds a Seychelles FSA licence and a Saint Lucia registration, both offshore and excluded here. |
| Entity | OANDA Europe Limited | First Prudential Markets Ltd |
| Founded | 1996 | 2005 |
| Headquarters | New York, USA (deep Canadian roots -- co-founded by a University of Toronto professor, with a long-standing Toronto presence) | Sydney, Australia |
| Minimum deposit | Not independently confirmed | $100 |
| Avg. spread (EUR/USD) | Not independently confirmed | 1 pips |
| Platforms | MT4, MT5, Proprietary (OANDA Trade / fxTrade) | MT4, MT5, cTrader, TradingView |
| Other Tier-1 regulators | ASIC, NFA/CFTC (US), CIRO, MAS | ASIC, FSCA |
| Instruments | 70+ forex pairs plus indices, metals/commodities, share CFDs, ETF CFDs, and crypto CFDs (crypto CFDs not available to UK/EU retail clients), per OANDA's own instrument-specification page. No official total instrument count; one third-party estimate of ~1,700 symbols is unverified. | 10,000+ instruments across forex, indices, commodities and shares CFDs (plus direct Australian share trading via the third-party IRESS platform) |
| Visit | Visit OANDA | Visit FP Markets |
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