Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| ThinkMarkets | OANDA | |
|---|---|---|
| Overall score | 4.01 / 5 | 3.84 / 5 |
| Regulation | CySEC No. 215/13 + FCA No. 629628 + FSA Seychelles No. SD060 All of these are held by separate TF Global Markets group entities, not by TF Global Markets (Europe) Ltd (the CySEC entity): FCA by the UK entity, ASIC by the Australian entity, FSCA by the South African entity, DFSA by a Dubai entity, and FMA by a New Zealand entity. The group also holds non-Tier-1 licences in the Cayman Islands, Mauritius and Seychelles. |
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. |
| Entity | TF Global Markets (Europe) Ltd | OANDA Europe Limited |
| Founded | 2010 | 1996 |
| Headquarters | Melbourne, Australia / London, UK (group); European entity based in Cyprus | New York, USA (deep Canadian roots -- co-founded by a University of Toronto professor, with a long-standing Toronto presence) |
| Minimum deposit | $0 (Standard account); $500 for ThinkZero account | Not independently confirmed |
| Avg. spread (EUR/USD) | 1.1 pips | Not independently confirmed |
| Platforms | MT4, MT5, TradingView, Proprietary (ThinkTrader) | MT4, MT5, Proprietary (OANDA Trade / fxTrade) |
| Other Tier-1 regulators | ASIC, FSCA, DFSA, FMA | ASIC, NFA/CFTC (US), CIRO, MAS |
| Instruments | Up to 4,000 CFD instruments across forex (40+ pairs), indices, shares, commodities and crypto, varying by platform. | 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. |
| Visit | Visit ThinkMarkets | Visit OANDA |
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