Oanda vs Spreadex 2026: which is better?
We compared Oanda and Spreadex 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 Spreadex.
- The minimum deposit at Oanda is $0, against $7 at Spreadex.
- Oanda offers copy trading; Spreadex does not.
- Oanda offers MetaTrader 4, MetaTrader 5, which Spreadex does not.
Comparison table
| Comparison table |
Oanda
Broker
|
Spreadex
Broker
|
|---|---|---|
| Licences | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best | FCA |
| Minimum deposit | $0 Best | $7 |
| Maximum leverage | 1:888 | 1:30 |
| Trading platforms | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App | TradingView, Web Trader, Mobile App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Forex, Stocks, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Demo account | ✓ Yes | — |
| Copy trading | ✓ Yes | — |
| Founded | 1996 | 1999 |
| Headquarters | — | St Albans, United Kingdom |
| 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
- want to copy other traders
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Oanda or Spreadex?
We compared Oanda and Spreadex 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 Spreadex. The minimum deposit at Oanda is $0, against $7 at Spreadex. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Oanda and Spreadex regulated?
Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG). Spreadex licences: FCA.
What is the minimum deposit at Oanda and Spreadex?
Oanda: $0. Spreadex: $7.
Do Oanda and Spreadex offer an Islamic account?
Oanda: No. Spreadex: No.