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Best Oanda Alternatives 2025

In this article we have grouped the best alternatives to Oanda.

The alternatives include both competitors to Oanda and brokers offering different services than Oanda.

What are the best alternative brokers and platforms to Oanda?

The best alternatives to Oanda include similar brokers that are listed below:

  1. FBS
  2. Pepperstone
  3. eToro
  4. XTB
  5. IC Markets
  6. Plus500
  7. FP Markets
Open Account
74-89% of retail CFD accounts lose money
Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: MIFID-ESMA, ASIC, CYSEC, IFSC (Belize)
Minimum Deposit: 5
79
Rated: High
Read Review
+ Add To Compare
Open Account
74-89% of retail investor accounts lose money when trading CFDs
Platforms: cTrader desktop, cTrader web, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: FCA, MIFID-ESMA, ASIC, DFSA, CYSEC, SCB (Bahamas)
Minimum Deposit:
91
Rated: High
Read Review
+ Add To Compare
Open Account
51% of retail CFD accounts lose money
Platforms: Proprietary Web Platform
Regulations: FCA, MIFID-ESMA, ASIC, SEC, CYSEC, Offshore, FSA (Seychelles)
Minimum Deposit: 50
79
Rated: High
Read Review
+ Add To Compare
Open Account
CFDs are not available to residents in the United States
Platforms: MT4 Dekstop, MT5 Desktop, MT5 Web, Proprietary Desktop Platform, Proprietary Web Platform, MAC Platforms
Regulations: FSA, MAS, FCA, CFTC, MIFID-ESMA, ASIC, CIRO
Minimum Deposit:
81
Rated: High
Read Review
+ Add To Compare
Open Account
74-89% of retail CFD accounts lose money
Platforms: cTrader desktop, cTrader web, Mirror Trader, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web
Regulations: ASIC, CYSEC, FSA (Seychelles), SCB (Bahamas)
Minimum Deposit:
91
Rated: High
Read Review
+ Add To Compare
Open Account
82% of retail investor accounts lose money
Platforms: Proprietary Web Platform
Regulations: MAS, FCA, MIFID-ESMA, ASIC, FMA, CYSEC, ISA, FSA (Seychelles)
Minimum Deposit: 100
74
Rated: High
Read Review
+ Add To Compare
Open Account
74-89% of retail CFD accounts lose money
Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, Proprietary Desktop Platform, MAC Platforms
Regulations: MIFID-ESMA, ASIC, FSCA, CYSEC
Minimum Deposit: 100
88
Rated: High
Read Review
+ Add To Compare

What is the most similar broker to Oanda?

The most similar broker to Oanda is FBS.

Both Oanda and FBS offer very low minimum trading sizes: FBS differentiates itself by allowing trading with nano lots, while Oanda allows traders to trade with single currency units.

The accessibility of both brokers is further highlighted by their low minimum deposit requirements, with both setting the threshold below $10.

However, FBS is better than Oanda in terms of the variety of account types offered.

For a deeper understanding of both brokers, read our FBS review and our Oanda review.

What are the best alternatives to Oanda by category?

You can find other brokers similar to Oanda according to a specific feature.

Some specific features of Oanda and the corresponding ranking of the best brokers according to that feature are listed below:

Which similar brokers provide the services missing from Oanda?

Oanda does not provide some services or does not have some characteristics that other brokers have.

The features that Oanda does not have and rankings of the best brokers that have that feature are listed below:

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