Oanda vs Vantage 2026: which is better?
We compared Oanda and Vantage 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 2 for Vantage.
- The minimum deposit at Oanda is $0, against $50 at Vantage.
- Vantage offers a swap-free Islamic account; Oanda does not.
Comparison table
| Comparison table |
Oanda
Broker
|
Vantage
Broker
|
|---|---|---|
| Licences | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best | FCA, ASIC, FSCA, VFSC, FSC (MU) |
| Minimum deposit | $0 Best | $50 |
| Maximum leverage | 1:888 | 1:1000 |
| Trading platforms | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App, Vantage App |
| Markets | Forex, Stocks, Crypto, Commodities & gold, Indices | Forex, Stocks, Commodities & gold, Indices, ETFs |
| Islamic account | — | ✓ Yes |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | ✓ Yes |
| Founded | 1996 | 2009 |
| Headquarters | — | Sydney, Australia |
| 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
Choose Vantage if you
- need a swap-free Islamic account
Frequently asked questions
Which is better, Oanda or Vantage?
We compared Oanda and Vantage 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 2 for Vantage. The minimum deposit at Oanda is $0, against $50 at Vantage. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Oanda and Vantage regulated?
Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG). Vantage licences: FCA, ASIC, FSCA, VFSC, FSC (MU).
What is the minimum deposit at Oanda and Vantage?
Oanda: $0. Vantage: $50.
Do Oanda and Vantage offer an Islamic account?
Oanda: No. Vantage: Yes.