FxPro vs OANDA (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

FxPro

Trust rank #17 · Founded 2006

FxPro forex broker provides access to a broad range of forex and CFD markets on popular trading platforms, with an emphasis on order execution and risk management tools.

Read the FxPro review

OANDA

Trust rank #19 · Founded 1996

OANDA is a well-regarded, regulated forex broker offering broad access to major currency pairs through intuitive web and mobile trading platforms. It provides order execution, research, charting, and educational resources, with products…

Read the OANDA review

FxPro (United Kingdom, founded 2006) holds 4 regulatory licences (CySEC, FCA, FSCA, SCB), 1 of them tier-1, offers cTrader, MT4, MT5, Proprietary and sits in our low-fee bracket. OANDA (Canada, founded 1996) holds 13 regulatory licences (ASIC, BVI FSC, CFTC, CIRO, FCA…), 7 of them tier-1, offers MT4, Proprietary, TradingView and sits in our low-fee bracket. The two overlap in 51 countries; FxPro is available in 179 countries where OANDA is not, and OANDA in 2 where FxPro is not.

Verdict at a glance

  • FxPro leads on trust rank, platform choice and country coverage.
  • OANDA leads on track record, regulatory coverage and tier-1 licences.
  • Level on instrument range and fee level.

Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

FxPro vs OANDA: side-by-side data

CriteriaFxProOANDA
Trust rank#17#19
Founded20061996
HeadquartersUnited KingdomCanada
RegulatorsCySEC, FCA, FSCA, SCBASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA
Broker typeECN, STPMarket Maker
PlatformscTrader, MT4, MT5, ProprietaryMT4, Proprietary, TradingView
InstrumentsCommodities, Forex, Indices, MetalsCommodities, Forex, Indices, Metals
Countries accepted230 countries53 countries
Fee levelLowLow
Trading typesCFD TradingCFD Trading, Spot Trading
Best-for use casesCopy Trading, Professional Trading, Retail TradingProfessional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

FxPro

  • Multi-Jurisdiction Regulation (FCA, CySEC, FSCA, SCB)
  • MT4/MT5/cTrader + Proprietary Platforms
  • No Dealing Desk Execution & Deep Liquidity
  • Negative Balance Protection & Segregated Funds
  • FIX API, cTrader Open API & VPS for Algo Trading

OANDA

  • Multi-jurisdiction top-tier regulation (CFTC/NFA, FCA, IIROC, ASIC, MAS)
  • Accepts US clients
  • No minimum deposit; flexible position sizing (1-unit trades)
  • Core Pricing + Commission option
  • Free REST/Streaming API; TradingView integration

Cons

FxPro

  • Not available to U.S. clients
  • Pricing not the lowest (spreads/commissions)
  • No guaranteed stop-loss orders (GSLO)
  • Inactivity fee on dormant accounts
  • ESMA 1:30 leverage cap under EU/UK regulation

OANDA

  • Higher average spreads than ECN brokers
  • No MetaTrader 5 support
  • No guaranteed stop-loss orders
  • Inactivity fee after 12 months
  • CFDs not available in the US

Key features

FxPro

  • Multi Platform Trading MetaTrader 4 MetaTrader 5 cTrader FxPro Platform
  • No Dealing Desk Market Execution Deep Liquidity
  • Multi Jurisdiction Regulation FCA CySEC FSCA SCB Segregated Funds Negative Balance Protection
  • Broad CFD Instrument Coverage Forex Indices Shares Metals Energies Futures
  • Algorithmic and Copy Trading EAs cBots cTrader Copy VPS
  • Integrated Tools Economic Calendar Market News Advanced Charting Price Alerts

OANDA

  • Forex and CFD Trading
  • Top Tier Regulation
  • MT4 and TradingView Platforms
  • REST API and Algorithmic Trading
  • Client Sentiment and Order Book Tools
  • Flexible Unit Based Position Sizing

Country availability: FxPro vs OANDA

Available at both (51): American Samoa, Australia, Austria, Belgium, Bulgaria, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Guam, Hong Kong, Hungary, Indonesia, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Macao, Malaysia, Malta, Mexico, Netherlands, Norfolk Island, Northern Mariana Islands, Philippines, Poland, Portugal, Puerto Rico, Romania and 11 more.

Only FxPro (179): Afghanistan, Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei and 154 more.

Only OANDA (2): Canada, United States of America.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

FxPro vs OANDA: common questions

Which broker is more regulated, FxPro or OANDA?

OANDA holds more regulatory licences: FxPro (CySEC, FCA, FSCA, SCB) versus OANDA (ASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA). Tier-1 licences: FxPro 1, OANDA 7.

Which trading platforms do FxPro and OANDA offer?

FxPro offers cTrader, MT4, MT5, Proprietary; OANDA offers MT4, Proprietary, TradingView.

Which has lower fees, FxPro or OANDA?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, FxPro or OANDA?

OANDA is the older of the two, founded in 1996; FxPro was founded in 2006.

Are FxPro and OANDA available in the same countries?

They overlap in 51 countries. FxPro is additionally available in 179 countries (Afghanistan, Albania, Algeria, Andorra, Angola, Anguilla and 173 more) and OANDA in 2 countries (Canada, United States of America).

Keep comparing

FxPro

OANDA

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.