OANDA vs Swissquote (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…
Swissquote provides forex and multi-asset trading through proprietary and third-party platforms, with research, education, and customer support. It is well-regarded for a broad product range, clear pricing, and tools suitable for different…
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. Swissquote (Switzerland, founded 1996) holds 4 regulatory licences (CSSF, DFSA, FCA, FINMA), 3 of them tier-1, offers MT4, MT5, Proprietary and sits in our low-fee bracket. The two overlap in 52 countries; OANDA is available in 1 countries where Swissquote is not, and Swissquote in 179 where OANDA is not.
Verdict at a glance
OANDA leads on regulatory coverage and tier-1 licences.
Swissquote leads on trust rank, instrument range and country coverage.
Level on track record, 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
Swissquote
FINMA-regulated Swiss bank; publicly listed (SIX)
Segregated client funds with Swiss deposit protection up to CHF 100,000
NDD/STP execution with multi-bank liquidity
MT4/MT5 and Advanced Trader; FIX API access
80+ FX pairs plus CFDs and crypto
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
Swissquote
Higher spreads than many ECN brokers
High minimum deposit for tighter pricing tiers
No cTrader platform support
No guaranteed stop-loss orders
Negative balance protection varies by entity
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
Swissquote
Swiss bank regulation FINMA and FCA oversight
Advanced Trader MT4 and MT5 platforms
Wide range of forex and CFD instruments
Deep liquidity and competitive spreads
Research and trading tools Trading Central and Autochartist
Secure client fund segregation and deposit protection
Country availability: OANDA vs Swissquote
Available at both (52): American Samoa, Australia, Austria, Belgium, Bulgaria, Canada, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Guam, Hong Kong, Hungary, Indonesia, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Macao, Malaysia, Malta, Mexico, Netherlands, Norfolk Island, Northern Mariana Islands, Philippines, Poland, Portugal, Puerto Rico and 12 more.
Only OANDA (1): United States of America.
Only Swissquote (179): 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 154 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 Swissquote?
OANDA is the older of the two, founded in 1996; Swissquote was founded in 1996.
Are OANDA and Swissquote available in the same countries?
They overlap in 52 countries. OANDA is additionally available in 1 countries (United States of America) and Swissquote in 179 countries (Afghanistan, Albania, Algeria, Andorra, Angola, Anguilla and 173 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.