OANDA vs Plus500: 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.

AttributeOANDAPlus500
Licence Score82Very strong92Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record810
1 FCA United Kingdom LicensedLicensed · FRN 509909
1 ASIC Australia LicensedLicensed
1 JFSA Japan Licensed—
1 CFTC / NFA United States LicensedLicensed
1 MAS Singapore LicensedLicensed
1 CIRO Canada Licensed—
2 CySEC Cyprus —Licensed
2 FSCA South Africa —Licensed
2 DFSA United Arab Emirates —Licensed
2 FMA (NZ) New Zealand —Licensed
2 MFSA Malta Licensed—
2 EFSA Estonia —Licensed
4 FSA (Seychelles) Seychelles —Licensed
4 BVI FSC British Virgin Islands Licensed—
Founded19962008
HeadquartersUnited StatesIsrael
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoLSE:PLUS
PlatformsProprietary, MT4, MT5, TradingViewProprietary
Minimum depositNo minimumUS$100
VisitVisit siteVisit site

Frequently asked questions

Is OANDA or Plus500 better regulated?

Plus500 has the higher Licence Score (92 vs 82), based on the number and tier of licences, operating history and public listing.

Which regulators license both OANDA and Plus500?

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