FXT vs Oanda 2026: which is better?
We compared FXT and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Oanda holds 7 licences from strong regulators, against 1 for FXT.
- The minimum deposit at Oanda is $0, against $50 at FXT.
- Oanda offers TradingView, which FXT does not.
Comparison table
| Comparison table |
FXT
Broker
|
Oanda
Broker
|
|---|---|---|
| Licences | ASIC, VFSC | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best |
| Minimum deposit | $50 | $0 Best |
| Maximum leverage | 1:2000 | 1:888 |
| Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | ✓ Yes |
| Founded | 2014 | 1996 |
| 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 Oanda if you
- want more licences from strong regulators
- want to start with less money
- use TradingView
Frequently asked questions
Which is better, FXT or Oanda?
We compared FXT and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Oanda holds 7 licences from strong regulators, against 1 for FXT. The minimum deposit at Oanda is $0, against $50 at FXT. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are FXT and Oanda regulated?
FXT licences: ASIC, VFSC. Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG).
What is the minimum deposit at FXT and Oanda?
FXT: $50. Oanda: $0.
Do FXT and Oanda offer an Islamic account?
FXT: No. Oanda: No.