FXOpen 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.

AttributeFXOpenOANDA
Licence Score69Strong82Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record38
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia LicensedLicensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States —Licensed
1 MAS Singapore —Licensed
1 CIRO Canada —Licensed
2 CySEC Cyprus Licensed—
2 MFSA Malta —Licensed
4 BVI FSC British Virgin Islands —Licensed
Founded20051996
HeadquartersUnited KingdomUnited States
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, TradingViewProprietary, MT4, MT5, TradingView
Minimum depositUS$1No minimum
VisitVisit siteVisit site

Frequently asked questions

Is FXOpen or OANDA better regulated?

OANDA has the higher Licence Score (82 vs 69), based on the number and tier of licences, operating history and public listing.

Which regulators license both FXOpen and OANDA?

Both are matched to licences from ASIC and FCA.

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.