IFC 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.

AttributeIFC MarketsOANDA
Licence Score35Weak82Very strong
Strongest licence 3 Tier 3 1 Tier 1
Licences on record28
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 —Licensed
3 Labuan FSA Malaysia (Labuan) Licensed—
4 BVI FSC British Virgin Islands LicensedLicensed
Founded20061996
HeadquartersBritish Virgin IslandsUnited States
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, NetTradeXProprietary, MT4, MT5, TradingView
Minimum deposit—No minimum
VisitVisit siteVisit site

Frequently asked questions

Is IFC Markets or OANDA better regulated?

OANDA has the higher Licence Score (82 vs 35), based on the number and tier of licences, operating history and public listing.

Which regulators license both IFC Markets and OANDA?

Both are matched to licences from BVI FSC.

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.