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

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

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

ScoreCM

Trust rank #11 · Founded 2024

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,…

Read the ScoreCM review

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.

OANDA vs ScoreCM: side-by-side data

CriteriaOANDAScoreCM
Trust rank#19#11
Founded19962024
HeadquartersCanadaNot verified
RegulatorsASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFAMW, DOM, PH, NG, KE, ZA, UG, TZ, GH
Broker typeMarket MakerMarket Maker
PlatformsMT4, Proprietary, TradingViewMT5
InstrumentsCommodities, Forex, Indices, MetalsCommodities, Forex, Indices, Metals
Countries accepted53 countries203 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading, Spot Trading
Best-for use casesProfessional 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

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

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.

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

OANDA vs ScoreCM: common questions

Which broker is more regulated, OANDA or ScoreCM?

OANDA holds more regulatory licences: OANDA (ASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA) versus ScoreCM (MW, DOM, PH, NG, KE, ZA, UG, TZ, GH). Tier-1 licences: OANDA 7, ScoreCM 0.

Which trading platforms do OANDA and ScoreCM offer?

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

Which has lower fees, OANDA or ScoreCM?

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).

Keep comparing

OANDA

ScoreCM

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.