Fortrade 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.
| Attribute | Fortrade | OANDA |
|---|---|---|
| Licence Score | 71Strong | 82Very strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 4 | 8 |
| 1 FCA United Kingdom | Licensed | Licensed |
| 1 ASIC Australia | Licensed | Licensed |
| 1 JFSA Japan | — | Licensed |
| 1 CFTC / NFA United States | — | Licensed |
| 1 MAS Singapore | — | Licensed |
| 1 CIRO Canada | Licensed | Licensed |
| 2 CySEC Cyprus | Licensed | — |
| 2 MFSA Malta | — | Licensed |
| 4 BVI FSC British Virgin Islands | — | Licensed |
| Founded | 2013 | 1996 |
| Headquarters | United Kingdom | United States |
| Type | Forex & CFD broker | Forex & CFD broker |
| Publicly listed | No | No |
| Platforms | Proprietary, MT4 | Proprietary, MT4, MT5, TradingView |
| Minimum deposit | US$100 | No minimum |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Fortrade or OANDA better regulated?
OANDA has the higher Licence Score (82 vs 71), based on the number and tier of licences, operating history and public listing.
Which regulators license both Fortrade and OANDA?
Both are matched to licences from ASIC, CIRO and FCA.