Head-to-head comparison

FP Markets vs OANDA

A side-by-side look at FP Markets and OANDA — score, fees, platforms and who each one actually fits best.

FP Markets

Best raw-pricing candidate

★ ★ ★ ★ ★★4.7

Partner link pending; good next review candidate

OANDA

Best data-and-trust brand

★ ★ ★ ★ ★ 4.4

Partner link pending; less copy-trading focused than others

Quick verdict

FP Markets scores higher overall (4.7 vs 4.4), but a higher score doesn't automatically mean it's the right pick for you.

FP Markets is the stronger fit for eCN-style trading, MT4/MT5 users, cost-focused traders, while OANDA is built more around traders who value a long operating history and strong market data brand.

Regulation: FP Markets — ASIC, CySEC, FSCA, Seychelles and other group entities. OANDA — Major global entities; region-specific availability.

Minimum deposit: FP Markets — Often from $100, depending on account/entity. OANDA — Varies by region and entity.

Side by side

FP MarketsOANDA

Best forECN-style trading, MT4/MT5 users, cost-focused tradersTraders who value a long operating history and strong market data brand

PlatformsMT4, MT5, cTrader, TradingView, Iress in some regionsOANDA platform, MT4, TradingView integrations in supported regions

RegulationASIC, CySEC, FSCA, Seychelles and other group entitiesMajor global entities; region-specific availability

Minimum depositOften from $100, depending on account/entityVaries by region and entity

FP Markets strengths

Strong partner program
Raw pricing angle
Broad CFD range

OANDA strengths

Strong brand trust
Affiliate program
Good fit for conservative comparisons

Which one should you pick?

Pick FP Markets if you're mainly after eCN-style trading, MT4/MT5 users, cost-focused traders. It stands out for strong partner program and raw pricing angle.

Pick OANDA if you're mainly after traders who value a long operating history and strong market data brand. It stands out for strong brand trust and affiliate program.

Common questions