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BROKER COMPARISON TOOL

XS Markets vs OANDA

Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.

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vs
XS MarketsOANDA
Overall score 3.35 / 5 3.84 / 5
Regulation CySEC No. 412/22 + FSA Seychelles No. SD089 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 XS Markets Ltd OANDA Europe Limited
Founded 2010 1996
Headquarters Not independently confirmed New York, USA (deep Canadian roots -- co-founded by a University of Toronto professor, with a long-standing Toronto presence)
Minimum deposit No minimum Not independently confirmed
Avg. spread (EUR/USD) Not independently confirmed Not independently confirmed
Platforms MT4, MT5 MT4, MT5, Proprietary (OANDA Trade / fxTrade)
Other Tier-1 regulators ASIC, FSCA ASIC, NFA/CFTC (US), CIRO, MAS
Instruments 700-1,100+ instruments (sources disagree) across forex, metals, energy/commodities, indices, shares, crypto CFDs, and futures. No official total instrument count was found. 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.
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How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.