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

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Data refreshed 25 Sep 2026 · Compiled by David Ispiryan

JustMarkets

Trust rank #25 · Editorial rating 9 / 10 · Founded 2012

JustMarkets is a forex and CFD broker offering broad market access on MetaTrader platforms with multiple account options and flexible conditions. It provides education, market insights, and multilingual support in a straightforward,…

Read the JustMarkets 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

JustMarkets (Mauritius, founded 2012) holds 3 regulatory licences (FSA Seychelles, FSC Mauritius, SVGFSA), offers MT4, MT5 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 48 countries; JustMarkets is available in 178 countries where OANDA is not, and OANDA in 5 where JustMarkets is not.

Verdict at a glance

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

JustMarkets vs OANDA: side-by-side data

CriteriaJustMarketsOANDA
Editorial rating9 / 10Not verified
Trust rank#25#19
Founded20121996
HeadquartersMauritiusCanada
RegulatorsFSA Seychelles, FSC Mauritius, SVGFSAASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA
Broker typeECN, STPMarket Maker
PlatformsMT4, MT5MT4, Proprietary, TradingView
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Forex, Indices, Metals
Countries accepted226 countries53 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading, Spot Trading
Best-for use casesCopy 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

JustMarkets

  • High leverage up to 1:3000
  • Raw spread accounts with 0.0 pip spreads
  • Multiple account types: Cent, Standard, Pro, Raw
  • MT4/MT5 platform support
  • Copy trading available

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

JustMarkets

  • Offshore regulation (Seychelles FSA, Mauritius FSC)
  • No top-tier licenses (no FCA/ASIC/NFA)
  • No investor compensation scheme on offshore entities
  • Negative balance protection not consistent across entities
  • Limited platform choice (MT4/MT5 only)

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

JustMarkets

  • MT4 and MT5 platforms
  • Wide range of forex crypto indices commodities and stocks CFDs
  • Raw spread ECN accounts
  • Leverage up to 3000 to 1
  • Copy trading platform
  • Negative balance protection and segregated client funds

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: JustMarkets vs OANDA

Available at both (48): American Samoa, 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, Latvia, Lithuania, Luxembourg, Macao, Malaysia, Malta, Mexico, Netherlands, Norfolk Island, Northern Mariana Islands, Philippines, Poland, Portugal, Puerto Rico, Romania, Singapore, Slovakia and 8 more.

Only JustMarkets (178): 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 153 more.

Only OANDA (5): Australia, Canada, Japan, United Kingdom, 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.

JustMarkets vs OANDA: common questions

Which broker is more regulated, JustMarkets or OANDA?

OANDA holds more regulatory licences: JustMarkets (FSA Seychelles, FSC Mauritius, SVGFSA) versus OANDA (ASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA). Tier-1 licences: JustMarkets 0, OANDA 7.

Which trading platforms do JustMarkets and OANDA offer?

JustMarkets offers MT4, MT5; OANDA offers MT4, Proprietary, TradingView.

Which has lower fees, JustMarkets 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, JustMarkets or OANDA?

OANDA is the older of the two, founded in 1996; JustMarkets was founded in 2012.

Are JustMarkets and OANDA available in the same countries?

They overlap in 48 countries. JustMarkets is additionally available in 178 countries (Afghanistan, Albania, Algeria, Andorra, Angola, Anguilla and 172 more) and OANDA in 5 countries (Australia, Canada, Japan, United Kingdom, United States of America).

Keep comparing

JustMarkets

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.