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Oanda vs Scalable Capital 2026: which is better?

We compared Oanda and Scalable Capital 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 Oanda Oanda Broker Scalable Capital Scalable Capital Broker
Licences FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best BaFin
Minimum deposit $0 —
Maximum leverage 1:888 —
Trading platforms MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App Scalable Broker
Markets Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices Stocks, Cryptocurrencies, Exchange-Traded Funds (ETFs)
Demo account ✓ Yes —
Copy trading ✓ Yes —
Founded 1996 2014
Headquarters — Munich, Germany
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 copy other traders
  • use MetaTrader 4, MetaTrader 5
Full Oanda review

Frequently asked questions

Which is better, Oanda or Scalable Capital?

We compared Oanda and Scalable Capital 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 Scalable Capital. Oanda offers copy trading; Scalable Capital does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are Oanda and Scalable Capital regulated?

Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG). Scalable Capital licences: BaFin.

What is the minimum deposit at Oanda and Scalable Capital?

Oanda: $0. Scalable Capital: not available.

Do Oanda and Scalable Capital offer an Islamic account?

Oanda: No. Scalable Capital: No.