Updated October 13, 2026 · BrokerCue Editorial Team
Anzo Capital vs OANDA
Facts checked September 26, 2026.
What sets them apart
| Compare | Anzo Capital ReviewSee alternativesSee alternatives |  OANDA |
|---|---|---|
| Minimum deposit | $100 | $0Lower |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, Metals | Stocks, ETFs, Forex, CFDs, Crypto, Bonds |
| Regulators | Financial Services Commission (FSC), Capital Markets Authority (CMA), ASIC | FCA, CFTC |
| Maximum retail leverage | 1:1000 | 1:30 |
| Investor protection | Not confirmed | FSCS up to GBP 85,000 |
| Retail accounts that lose money | Not confirmed | 72% |
| Platforms | MetaTrader 4, MetaTrader 5 | Not confirmed |
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Key differences
- Regulators: only Anzo Capital offers Financial Services Commission (FSC), Capital Markets Authority (CMA), ASIC.
- Regulators: only OANDA offers FCA, CFTC.
- Founded is lower at OANDA: 1996 vs 2015.
- Anzo Capital is licensed in 1 more country.
- Minimum deposit is lower at OANDA: $0 vs $100.
- Markets: only Anzo Capital offers Metals.
- Markets: only OANDA offers Bonds.
Our verdict on each
Anzo Capital
Anzo Capital across stocks, ETFs, forex, CFDs, crypto and metals gives retail clients MetaTrader 4 and MetaTrader 5 with app trading and a practice account. It suits traders who want familiar platform tools and preparation space while managing varied orders through one broker relationship.
OANDA
OANDA fits traders who want to open an account without a minimum deposit and sit under regulators on both sides of the Atlantic. Its overall score is 8.4 with a cost score of 8.4, though the retail loss rate of 72% is a reminder that most balances do not survive the trading.
Score breakdown
| Area | Anzo Capital | OANDA |
|---|---|---|
| Cost | 8.5 | 9.7Higher |
| Offer | 9.2 | 9.3Higher |
| Trust | 9.2 | 9.5Higher |
What each covers
| Markets | Anzo Capital | OANDA |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
| Bonds | No | Yes |
| Metals | Yes | No |
Positions in our rankings
| Ranking | Anzo Capital | OANDA |
|---|---|---|
| Stock and ETF brokers | 230 of 471 | 51 of 471 |
| Forex brokers | 91 of 147 | 20 of 147 |
| Low-spread forex brokers | 89 of 145 | 18 of 145 |
| CFD brokers | 73 of 122 | 16 of 122 |
Availability and regulation
| Country | Anzo Capital | OANDA |
|---|---|---|
| Australia | ASIC 362215 | Not confirmed |
| Belize | Financial Services Commission (FSC) 000331/469 | Not confirmed |
| Kenya | Not confirmed | |
| United Kingdom | Not confirmed | FCA 542574 |
| United States | Not confirmed | CFTC 0325821 |
Where these facts come from
Anzo Capital
- dailyforex.com: 2 facts, checked September 26, 2026
- investing.co.uk: 2 facts, checked September 26, 2026
- tradingfinder.com: 2 facts, checked September 26, 2026
- bouncewatch.com: 1 fact, checked September 26, 2026
- tradersunion.com: 1 fact, checked September 26, 2026
OANDA
- oanda.com: 4 facts, checked September 26, 2026
- brokersway.com: 3 facts, checked September 26, 2026
- tradingpedia.com: 3 facts, checked September 26, 2026
- en.wikipedia.org: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Anzo Capital | OANDA |
|---|---|---|
| Features | Demo account, Mobile app | Demo account, Mobile app |
| Legal entity | Anzo Capital Ltd | OANDA TMS Brokers S.A. |
| Headquarters | Not confirmed | United States |
| Founded | 2015 | 1996Lower |
| Support channels | Not confirmed | Email, Phone |
Where each stands against the rest
| Fact | Anzo Capital | OANDA | Median |
|---|---|---|---|
| Minimum deposit | $100above the median | $0below the median | $25 |
| Retail accounts that lose money | Not confirmed | 72%below the median | 72.05% |
Median across 134 listed brokers.
Pros and cons
Anzo Capital
Pros
- Supports both MetaTrader options for charting and order management.
- Provides mobile trading alongside demo access for flexible preparation.
OANDA
Pros
- No minimum deposit: $0 means the account opens without putting money in first, and OANDA sits at the top of our minimum deposit ranking, ahead of Vantage and its $5.
- Regulated in Britain and the US: FCA and CFTC covers an FCA licence 542574 and a CFTC registration 0325821.
- UK balances sit under protection of FSCS up to GBP 85,000, which pays compensation if the firm cannot return the money.
Cons
- Support runs on email and phone only, which leaves anyone wanting a live chat desk looking at other brokers.
- A retail loss rate of 72% is no better than the site figure of 70.15%, so the risk sits at the sector norm.
- Retail leverage of 1:30 magnifies losses as quickly as gains, and a $0 entry point makes it easy to size positions too large.
Who each suits
Anzo Capital
Who it suits
- Traders who prefer MetaTrader layouts on desktop.
- Traders who want app use with time to practise first.
OANDA
Who it suits
- Traders who want to open an account and start small: the minimum deposit of $0 removes the barrier to funding later.
- Anyone who checks regulators before depositing, since FCA and CFTC and protection of FSCS up to GBP 85,000 are both on record.
- Forex traders who also want shares, ETFs, CFDs, crypto and bonds under one roof: stocks, etfs and forex.
Who should look elsewhere
- Futures traders, who get a longer list at eToro, where stocks, etfs and forex adds futures to the stocks, etfs and forex on offer here.
- Traders who want nothing beyond shares, ETFs, forex, CFDs and crypto, since CFI's stocks, etfs and forex covers that core without the bonds.
Questions about each
Anzo Capital
Which markets can you trade with Anzo Capital?+
Anzo Capital covers stocks, ETFs, forex, CFDs, crypto and metals. The range spans share based products alongside currencies and contracts. Digital assets and metals complete the line up for varied order activity.
Which trading platforms does Anzo Capital support?+
Anzo Capital supports MetaTrader 4 and MetaTrader 5. Both platforms handle charting, order placement and position monitoring. You can choose the version that matches your personal workflow and trading preference.
OANDA
What is the minimum deposit for an OANDA account?+
OANDA lists a minimum deposit of $0, so you can open an account without funding it and add money later. On our minimum deposit ranking that places OANDA at position 1 of 213 brands, well clear of the field. Vantage, by contrast, asks for $5 before trading starts.
How is my money protected if something goes wrong?+
UK clients sit under investor protection of FSCS up to GBP 85,000, the compensation paid if the firm cannot return the balance. The regulator behind that cover is named in FCA and CFTC, and the FCA licence number is 542574. US clients fall under the CFTC registration, 0325821, which is a separate arrangement.