OANDA vs FXTM 2026
Both are regulated. The right choice depends on your trading style.
OANDA suits traders who value lower minimum deposit (None vs $10). FXTM suits traders who prioritise tighter spreads, copy trading, more instruments (1,000 vs 300).
Head to head
| OANDA | FXTM | |
|---|---|---|
| Primary regulator | FCA 542574 | CySEC 185/12 |
| Regulation tier | tier-1 | tier-1 |
| Min deposit | None | $10 |
| EUR/USD spread | 1.2 pips | 0.1 pips |
| Instruments | 300+ | 1,000+ |
| MetaTrader | Yes (MT4+MT5) | Yes (MT4+MT5) |
| Copy trading | No | Yes |
| Real stocks | No — CFDs only | No — CFDs only |
| Inactivity fee | $10/mo after 12mo | $5/mo after 6mo |
| Founded | 1996 | 2011 |
| Headquarters | New York, USA | Limassol, Cyprus |
Regulation: OANDA vs FXTM
OANDA is regulated by FCA under licence 542574 (OANDA Europe Ltd). The FCA is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.
FXTM is regulated by CySEC under licence 185/12 (Forextime Ltd). The CySEC is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.
Both brokers are regulated by tier-1 authorities. Neither has a significant regulatory advantage over the other.
Spreads and fees
OANDA's EUR/USD spread is 1.2 pips. FXTM's EUR/USD spread is 0.1 pips. FXTM offers tighter spreads on this pair.
OANDA charges an inactivity fee of $10/month after 12 months without trading. FXTM charges an inactivity fee of $5/month after 6 months.
Platforms and tools
Both OANDA and FXTM support MetaTrader 4 and 5, so algorithmic traders and EA users can use either.
FXTM offers copy trading, OANDA does not.
Minimum deposit
OANDA requires a minimum deposit of None. FXTM requires $10. OANDA has the lower barrier to entry. Traders who want to start with less capital should consider OANDA.
Note that minimum deposits can vary by account type and by which regulatory entity serves your country. Some offshore entities allow lower deposits than the tier-1 entity.
Which is better for beginners?
FXTM is generally better for beginners because it offers copy trading. OANDA also has the lower minimum deposit of None, making it easier to start with a small amount. Both platforms are accessible to new traders, though neither is specifically designed as a beginner-only broker.
Which is better for experienced traders?
Both OANDA and FXTM support MetaTrader, so experienced traders can use either without restriction. FXTM's tighter spreads (0.1 pips) make it better for high-frequency and scalping strategies. FXTM offers more instruments (1,000) for portfolio diversification.
Verdict: OANDA vs FXTM
Choose OANDA if you want lower minimum deposit (None vs $10). The FCA licence (542574) gives it strong tier-1 regulatory backing.
Choose FXTM if you want tighter spreads, copy trading, more instruments (1,000 vs 300). The CySEC licence (185/12) means strong tier-1 regulatory protection.
Both brokers are legitimate and regulated. The choice comes down to your specific trading requirements.
Frequently asked questions
OANDA vs FXTM: which is better?
OANDA is better for lower minimum deposit (None vs $10). FXTM is better for tighter spreads, copy trading, more instruments (1,000 vs 300). If regulation quality is your priority, both have comparable regulation.
Is OANDA or FXTM safer?
Both OANDA (FCA 542574) and FXTM (CySEC 185/12) are regulated by tier-1 authorities. Both segregate client funds.
What is the minimum deposit for OANDA and FXTM?
OANDA minimum deposit: None. FXTM minimum deposit: $10. Minimums vary by entity and account type.
Do OANDA and FXTM have MetaTrader?
Yes, both support MetaTrader 4 and MT5.