FBS vs Oanda 2026: which is better?
We compared FBS and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- FBS offers a swap-free Islamic account; Oanda does not.
- Oanda holds 7 licences from strong regulators, against 0 for FBS.
- The minimum deposit at Oanda is $0, against $5 at FBS.
- Oanda offers copy trading; FBS does not.
- Oanda offers TradingView, Web Trader, which FBS does not.
Comparison table
| Comparison table |
FBS
Broker
|
Oanda
Broker
|
|---|---|---|
| Licences | CySEC, FSC | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best |
| Minimum deposit | $5 | $0 Best |
| Maximum leverage | 1:3000 | 1:888 |
| Trading platforms | MetaTrader 4, MetaTrader 5, Mobile App, FBS App | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App |
| Markets | Forex, Stocks, Crypto, Commodities & gold, Indices | Forex, Stocks, Crypto, Commodities & gold, Indices |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✗ No | ✓ Yes |
| Founded | 2009 | 1996 |
| Headquarters | Belize City, Belize | — |
| 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 FBS if you
- need a swap-free Islamic account
Choose Oanda if you
- want more licences from strong regulators
- want to start with less money
- want to copy other traders
- use TradingView, Web Trader
Frequently asked questions
Which is better, FBS or Oanda?
We compared FBS and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. FBS offers a swap-free Islamic account; Oanda does not. Oanda holds 7 licences from strong regulators, against 0 for FBS. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are FBS and Oanda regulated?
FBS licences: CySEC, FSC. Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG).
What is the minimum deposit at FBS and Oanda?
FBS: $5. Oanda: $0.
Do FBS and Oanda offer an Islamic account?
FBS: Yes. Oanda: No.