IG 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.

AttributeIGOANDA
Licence Score93Very strong82Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record118
1 FCA United Kingdom Licensed · FRN 195355Licensed
1 ASIC Australia LicensedLicensed
1 JFSA Japan LicensedLicensed
1 CFTC / NFA United States LicensedLicensed
1 MAS Singapore LicensedLicensed
1 BaFin Germany Licensed—
1 CIRO Canada —Licensed
1 FINMA Switzerland Licensed—
2 FSCA South Africa Licensed · FSP 41393—
2 DFSA United Arab Emirates Licensed—
2 FMA (NZ) New Zealand Licensed—
2 MFSA Malta —Licensed
3 BMA Bermuda Licensed—
4 BVI FSC British Virgin Islands —Licensed
Founded19741996
HeadquartersUnited KingdomUnited States
TypeSpread betting & CFD providerForex & CFD broker
Publicly listedLSE:IGGNo
PlatformsProprietary, MT4, ProRealTime, TradingViewProprietary, MT4, MT5, TradingView
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is IG or OANDA better regulated?

IG has the higher Licence Score (93 vs 82), based on the number and tier of licences, operating history and public listing.

Which regulators license both IG and OANDA?

Both are matched to licences from ASIC, CFTC / NFA, FCA, JFSA 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.