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

Trust rank #18 · Founded 2008

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…

Read the Markets.com 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

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.

Markets.com vs OANDA: side-by-side data

CriteriaMarkets.comOANDA
Trust rank#18#19
Founded20081996
HeadquartersCyprusCanada
RegulatorsASIC, BVI FSC, CySEC, FCA, FSCAASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA
Broker typeMarket MakerMarket Maker
PlatformsMT4, MT5, ProprietaryMT4, Proprietary, TradingView
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Forex, Indices, Metals
Countries accepted175 countries53 countries
Fee levelLowLow
Trading typesCFD TradingCFD Trading, Spot Trading
Best-for use casesRetail 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

Markets.com

  • Multi-jurisdiction tier-1 regulation (FCA/ASIC) + segregated client funds
  • MT4/MT5 and proprietary platforms with advanced analytics
  • 2,000+ instruments including 50+ forex pairs
  • Integrated research, sentiment, and economic calendar tools
  • Negative balance protection for retail clients

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

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.).

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

Markets.com vs OANDA: common questions

Which broker is more regulated, Markets.com or OANDA?

OANDA holds more regulatory licences: Markets.com (ASIC, BVI FSC, CySEC, FCA, FSCA) versus OANDA (ASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA). Tier-1 licences: Markets.com 2, OANDA 7.

Which trading platforms do Markets.com and OANDA offer?

Markets.com offers MT4, MT5, Proprietary; OANDA offers MT4, Proprietary, TradingView.

Which has lower fees, Markets.com 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, 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).

Keep comparing

Markets.com

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.