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Al Rajhi Capital vs Oanda 2026: which is better?

We compared Al Rajhi Capital and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.

Key differences

Comparison table

Comparison table Al Rajhi Capital Al Rajhi Capital Broker Oanda Oanda Broker
Licences CMA (SA) FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best
Minimum deposit — $0
Maximum leverage — 1:888
Trading platforms Al Rajhi eTadawul, Al Rajhi Capital App MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App
Markets Stocks, Exchange-Traded Funds (ETFs) Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices
Islamic account ✓ Yes —
Demo account — ✓ Yes
Copy trading — ✓ Yes
Founded — 1996
Headquarters Riyadh, Saudi Arabia —
Read the review Read the review

Data is for information only and may change; always check the official website before opening an account.

Add a third broker to the comparison

Choose Al Rajhi Capital if you

  • need a swap-free Islamic account
Full Al Rajhi Capital review

Choose Oanda if you

  • want more licences from strong regulators
  • want to copy other traders
  • use MetaTrader 4, MetaTrader 5
Full Oanda review

Frequently asked questions

Which is better, Al Rajhi Capital or Oanda?

We compared Al Rajhi Capital and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Al Rajhi Capital offers a swap-free Islamic account; Oanda does not. Oanda holds 7 licences from strong regulators, against 0 for Al Rajhi Capital. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are Al Rajhi Capital and Oanda regulated?

Al Rajhi Capital licences: CMA (SA). Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG).

What is the minimum deposit at Al Rajhi Capital and Oanda?

Al Rajhi Capital: not available. Oanda: $0.

Do Al Rajhi Capital and Oanda offer an Islamic account?

Al Rajhi Capital: Yes. Oanda: No.