Markets.com vs OANDA (2026): regulation, platforms and costs compared
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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Markets.com is a well‐regarded forex and CFD broker offering broad access to currency pairs and multi‐asset CFDs on intuitive web and mobile platforms. It provides built‐in research, education, and risk management tools…
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…
Markets.com (Cyprus, founded 2008) holds 5 regulatory licences (ASIC, BVI FSC, CySEC, FCA, FSCA), 2 of them tier-1, offers 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 37 countries; Markets.com is available in 138 countries where OANDA is not, and OANDA in 16 where Markets.com is not.
Verdict at a glance
Markets.com leads on trust rank, instrument range and country coverage.
OANDA leads on track record, regulatory coverage and tier-1 licences.
Level on platform choice 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.
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.
No minimum deposit; flexible position sizing (1-unit trades)
Core Pricing + Commission option
Free REST/Streaming API; TradingView integration
Cons
Markets.com
No raw/commission pricing; wider spreads
Not available to U.S. clients
Protections vary by entity; weaker safeguards offshore
No cTrader or DMA/ECN access
Currency conversion fees apply
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
Markets.com
Multi jurisdiction regulation and client fund segregation
Forex and CFD trading across major asset classes
Proprietary web and mobile platforms with MT4 and MT5
Advanced research sentiment and event tools
Negative balance protection and risk management
Spread betting for UK clients
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: Markets.com vs OANDA
Available at both (37): Austria, Bulgaria, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Indonesia, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Netherlands, Norfolk Island, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Taiwan, United Arab Emirates, Vietnam.
Only Markets.com (138): Afghanistan, Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Aruba, Bahamas, Bahrain, Barbados, Benin, Bermuda, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Burkina Faso, Burundi, Cabo Verde, Cameroon, Cayman Islands, Central African Republic and 113 more.
Only OANDA (16): American Samoa, Australia, Belgium, Canada, Guam, Hong Kong, Japan, Macao, Northern Mariana Islands, Philippines, Puerto Rico, Singapore, Thailand, United Kingdom, United States of America, Virgin Islands (U.S.).
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
Which is older, Markets.com or OANDA?
OANDA is the older of the two, founded in 1996; Markets.com was founded in 2008.
Are Markets.com and OANDA available in the same countries?
They overlap in 37 countries. Markets.com is additionally available in 138 countries (Afghanistan, Albania, Algeria, Andorra, Angola, Anguilla and 132 more) and OANDA in 16 countries (American Samoa, Australia, Belgium, Canada, Guam, Hong Kong and 10 more).
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.