Markets.comvs
OANDAForex Broker Comparison
Markets.com and OANDA clash on regulation, pricing, and platform depth. The matchup tests whether a low-deposit broker can rival a platform-rich provider.
Who should choose Markets.com vs OANDA?
Find out which broker best suits your trader profile.
Choose if…
Choose Markets.com if you want a $25 minimum deposit and four-regulator protection. You also access 2,200+ instruments and MT4/MT5 plus a proprietary platform.
Choose if…
Choose OANDA if you want no minimum deposit and MT4, MT5, TradingView access. You also benefit from NFA and FCA/ASIC oversight plus strong research.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Markets.com vs OANDA: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.8 / 5▲ |
Markets.com vs OANDA Forex Broker Pros & Cons
Pros
CySEC, FCA, ASIC, and FSCA four-jurisdiction regulation
$25 minimum deposit - lowest among brokers with this regulatory stack
2,200+ instruments including shares CFDs
FSCS protection (UK) and ICF compensation (EU)
Client funds held in segregated accounts
Markets.com vs OANDA: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Markets.com
criteria win
0
OANDA
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Markets.com | OANDA |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Markets.com vs OANDA: Frequently Asked Questions
OANDA rates 4.6/5 versus 4/5 for Markets.com. OANDA edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Markets.com starts from 0.6 pips, tighter than OANDA's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
OANDA has no minimum deposit, while Markets.com requires at least $25. This makes OANDA more accessible for traders with limited starting capital.
Both Markets.com and OANDA hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: OANDA has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Markets.com lists maximum leverage of 30:1, while OANDA lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Markets.com supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5, while OANDA supports Proprietary Web/Mobile, TradingView, MetaTrader 4, MetaTrader 5. Both provide Proprietary Web/Mobile and MetaTrader 4 and MetaTrader 5. OANDA has exclusive access to TradingView.
