FXTM vs Oanda 2026: which is better?
We compared FXTM and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- FXTM offers a swap-free Islamic account; Oanda does not.
- Oanda holds 7 licences from strong regulators, against 0 for FXTM.
- The minimum deposit at Oanda is $0, against $30 at FXTM.
- Oanda offers copy trading; FXTM does not.
- Oanda offers TradingView, which FXTM does not.
Comparison table
| Comparison table |
FXTM
Broker
|
Oanda
Broker
|
|---|---|---|
| Licences | FSCA, CMA, CMA (KE), FSC (MU) | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best |
| Minimum deposit | $30 | $0 Best |
| Maximum leverage | 1:5000 | 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, Exchange-Traded Funds (ETFs) | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | — | ✓ Yes |
| Founded | — | 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 FXTM 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
Frequently asked questions
Which is better, FXTM or Oanda?
We compared FXTM and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. FXTM offers a swap-free Islamic account; Oanda does not. Oanda holds 7 licences from strong regulators, against 0 for FXTM. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are FXTM and Oanda regulated?
FXTM licences: FSCA, CMA, CMA (KE), FSC (MU). Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG).
What is the minimum deposit at FXTM and Oanda?
FXTM: $30. Oanda: $0.
Do FXTM and Oanda offer an Islamic account?
FXTM: Yes. Oanda: No.