Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| OANDA | Pepperstone | |
|---|---|---|
| Overall score | 3.84 / 5 | 3.75 / 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. 388/20 + FCA No. 684312 + FSA Seychelles-licensed (licence number unconfirmed) FSA Seychelles-licensed via Pepperstone International Markets Limited; exact SD number not independently confirmed |
| Entity | OANDA Europe Limited | Pepperstone EU Limited |
| Founded | 1996 | 2010 |
| Headquarters | New York, USA (deep Canadian roots -- co-founded by a University of Toronto professor, with a long-standing Toronto presence) | Melbourne, Australia |
| Minimum deposit | Not independently confirmed | $10 |
| Avg. spread (EUR/USD) | Not independently confirmed | 1.1 pips |
| Platforms | MT4, MT5, Proprietary (OANDA Trade / fxTrade) | MT4, MT5, cTrader, TradingView |
| Other Tier-1 regulators | ASIC, NFA/CFTC (US), CIRO, MAS | ASIC, DFSA |
| 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. | 1,300+ instruments across forex, indices, commodities, shares |
| Visit | Visit OANDA | Visit Pepperstone |
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