OANDA vs SBI Sumishin Net Bank: 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 | OANDA | SBI Sumishin Net Bank |
|---|---|---|
| Licence Score | 82Very strong | 59Moderate |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 8 | 1 |
| 1 FCA United Kingdom | Licensed | — |
| 1 ASIC Australia | Licensed | — |
| 1 JFSA Japan | Licensed | Licensed |
| 1 CFTC / NFA United States | Licensed | — |
| 1 MAS Singapore | Licensed | — |
| 1 CIRO Canada | Licensed | — |
| 2 MFSA Malta | Licensed | — |
| 4 BVI FSC British Virgin Islands | Licensed | — |
| Founded | 1996 | 2007 |
| Headquarters | United States | Japan |
| Type | Forex & CFD broker | Trading bank |
| Publicly listed | No | No |
| Platforms | Proprietary, MT4, MT5, TradingView | Proprietary |
| Minimum deposit | No minimum | — |
| Visit | Visit site | Visit site |
Frequently asked questions
Is OANDA or SBI Sumishin Net Bank better regulated?
OANDA has the higher Licence Score (82 vs 59), based on the number and tier of licences, operating history and public listing.
Which regulators license both OANDA and SBI Sumishin Net Bank?
Both are matched to licences from JFSA.