CMC 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.

AttributeCMC MarketsOANDA
Licence Score86Very strong82Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record68
1 FCA United Kingdom Licensed · FRN 173730Licensed
1 ASIC Australia Licensed · AFSL 238054Licensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States —Licensed
1 MAS Singapore LicensedLicensed
1 BaFin Germany Licensed—
1 CIRO Canada LicensedLicensed
2 FMA (NZ) New Zealand Licensed—
2 MFSA Malta —Licensed
4 BVI FSC British Virgin Islands —Licensed
Founded19891996
HeadquartersUnited KingdomUnited States
TypeSpread betting & CFD providerForex & CFD broker
Publicly listedLSE:CMCXNo
PlatformsProprietary, MT4, MT5, TradingViewProprietary, MT4, MT5, TradingView
Minimum depositNo minimumNo minimum
VisitVisit siteVisit site

Frequently asked questions

Is CMC Markets or OANDA better regulated?

CMC Markets has the higher Licence Score (86 vs 82), based on the number and tier of licences, operating history and public listing.

Which regulators license both CMC Markets and OANDA?

Both are matched to licences from ASIC, CIRO, FCA and MAS.

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.