Alchemy Markets vs OANDA: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAlchemy MarketsOANDA
Licence Score44Weak82Very strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record18
1 FCA United Kingdom —Licensed
1 ASIC Australia —Licensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States —Licensed
1 MAS Singapore —Licensed
1 CIRO Canada —Licensed
2 MFSA Malta LicensedLicensed
4 BVI FSC British Virgin Islands —Licensed
Founded20141996
HeadquartersMaltaUnited States
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5Proprietary, MT4, MT5, TradingView
Minimum deposit—No minimum
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Frequently asked questions

Is Alchemy Markets or OANDA better regulated?

OANDA has the higher Licence Score (82 vs 44), based on the number and tier of licences, operating history and public listing.

Which regulators license both Alchemy Markets and OANDA?

Both are matched to licences from MFSA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.