Oanda vs Tio Markets 2026: which is better?
We compared Oanda and Tio Markets 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 Tio Markets.
- The minimum deposit at Oanda is $0, against $20 at Tio Markets.
- Oanda offers TradingView, Web Trader, which Tio Markets does not.
- Tio Markets offers a swap-free Islamic account; Oanda does not.
Comparison table
| Comparison table |
|
|
|---|---|---|
| Licences | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best | FCA, FSA, MISA |
| Minimum deposit | $0 Best | $20 |
| Maximum leverage | 1:888 | — |
| Trading platforms | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App | MetaTrader 4, MetaTrader 5, Mobile App, TIOmarkets App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Islamic account | — | ✓ Yes |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | ✓ Yes |
| Founded | 1996 | 2019 |
| Headquarters | — | Limassol, Cyprus |
| 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, Web Trader
Choose Tio Markets if you
- need a swap-free Islamic account
Frequently asked questions
Which is better, Oanda or Tio Markets?
We compared Oanda and Tio Markets 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 Tio Markets. The minimum deposit at Oanda is $0, against $20 at Tio Markets. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Oanda and Tio Markets regulated?
Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG). Tio Markets licences: FCA, FSA, MISA.
What is the minimum deposit at Oanda and Tio Markets?
Oanda: $0. Tio Markets: $20.
Do Oanda and Tio Markets offer an Islamic account?
Oanda: No. Tio Markets: Yes.