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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
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
Trust rank #7 · Founded 2002
XTB is a forex and CFD broker offering a proprietary platform, broad instrument coverage, and integrated research and education. It is regulated in multiple jurisdictions.
Read the XTB reviewOANDA (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. XTB (Poland, founded 2002) holds 5 regulatory licences (DFSA, FCA, FSCA, IFSC, KNF), 1 of them tier-1, offers Proprietary and sits in our low-fee bracket. The two overlap in 36 countries; OANDA is available in 17 countries where XTB is not, and XTB in 12 where OANDA is not.
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.
| Criteria | OANDA | XTB |
|---|---|---|
| Trust rank | #19 | #7 |
| Founded | 1996 | 2002 |
| Headquarters | Canada | Poland |
| Regulators | ASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA | DFSA, FCA, FSCA, IFSC, KNF |
| Broker type | Market Maker | Market Maker |
| Platforms | MT4, Proprietary, TradingView | Proprietary |
| Instruments | Commodities, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices |
| Countries accepted | 53 countries | 48 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading |
| Best-for use cases | Professional Trading, Retail Trading | Professional 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.
Available at both (36): Austria, Belgium, Bulgaria, Canada, Chile, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Indonesia, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Netherlands, Philippines, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Thailand, United Arab Emirates, United Kingdom, Vietnam.
Only OANDA (17): American Samoa, Australia, Christmas Island, Cocos (Keeling) Islands, Colombia, Guam, Hong Kong, Japan, Macao, Mexico, Norfolk Island, Northern Mariana Islands, Puerto Rico, Singapore, Taiwan, United States of America, Virgin Islands (U.S.).
Only XTB (12): Angola, Bermuda, Georgia, Mauritania, Moldova, Montenegro, North Macedonia, Saint Kitts and Nevis, Serbia, South Africa, Trinidad and Tobago, Zambia.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
OANDA holds more regulatory licences: OANDA (ASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA) versus XTB (DFSA, FCA, FSCA, IFSC, KNF). Tier-1 licences: OANDA 7, XTB 1.
OANDA offers MT4, Proprietary, TradingView; XTB offers Proprietary.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
OANDA is the older of the two, founded in 1996; XTB was founded in 2002.
They overlap in 36 countries. OANDA is additionally available in 17 countries (American Samoa, Australia, Christmas Island, Cocos (Keeling) Islands, Colombia, Guam and 11 more) and XTB in 12 countries (Angola, Bermuda, Georgia, Mauritania, Moldova, Montenegro and 6 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.