OANDA vs ScoreCM (2026): regulation, platforms and costs compared
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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
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…
ScoreCM is a forex broker offering online access to currency and CFD markets via web and mobile platforms, with account options, trading tools, education, and customer support. Verify its regulatory status, fees,…
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. ScoreCM (founded 2024) holds 9 regulatory licences (MW, DOM, PH, NG, KE…), offers MT5 and sits in our low-fee bracket. The two overlap in 25 countries; OANDA is available in 28 countries where ScoreCM is not, and ScoreCM in 178 where OANDA is not.
Verdict at a glance
OANDA leads on track record, regulatory coverage, platform choice and tier-1 licences.
ScoreCM leads on trust rank and country coverage.
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.
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
ScoreCM
High leverage up to 1:1000
Multiple account types: Standard, Pro, Elite
Supports MetaTrader 5 (MT5) platform
Low minimum deposit requirement
Wide range of tradable instruments
Cons
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
ScoreCM
Unclear regulatory status
No investor compensation scheme disclosed
Negative balance protection not stated
Client fund segregation not clearly disclosed
No independent audit reporting
Key features
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
ScoreCM
Trading instruments coverage
Trading platforms and analytics tools
Execution model and pricing
Security and client fund protection
Regulation and compliance standards
Account types funding and fees
Country availability: OANDA vs ScoreCM
Available at both (25): American Samoa, Australia, Canada, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Guam, Hong Kong, Indonesia, Japan, Macao, Malaysia, Mexico, Norfolk Island, Northern Mariana Islands, Philippines, Puerto Rico, Singapore, Taiwan, Thailand, United Arab Emirates, United Kingdom, Vietnam, Virgin Islands (U.S.).
Only OANDA (28): Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia and 3 more.
Only ScoreCM (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.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
Which is older, OANDA or ScoreCM?
OANDA is the older of the two, founded in 1996; ScoreCM was founded in 2024.
Are OANDA and ScoreCM available in the same countries?
They overlap in 25 countries. OANDA is additionally available in 28 countries (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia and 22 more) and ScoreCM in 178 countries (Afghanistan, Albania, Algeria, Andorra, Angola, Anguilla and 172 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.