Updated September 29, 2026 · BrokerCue Editorial Team
Markets.com vs OANDA
What sets them apart
| Compare |  Markets.com |  OANDA |
|---|---|---|
| Minimum deposit | $100 | $0Lower |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, Bonds, Spread bettingCovers more | Stocks, ETFs, Forex, CFDs, Crypto, Bonds |
| Regulators | CySEC, FCA, FSCA, ASIC | FCA, CFTC |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Retail accounts that lose money | 72.4% | 72% |
| Stock trade fee | $0 | Not confirmed |
| Account fee | $0 | Not confirmed |
| Inactivity fee | $10 | Not confirmed |
| Currency conversion fee | 0.6% | Not confirmed |
| Deposit and withdrawal fees | no deposit or withdrawal fees | Not confirmed |
| Platforms | Web Platform, Mobile App, MT4, MT5 | Not confirmed |
| Maximum retail leverage | Not confirmed | 1:30 |
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Key differences
- Regulators: only Markets.com offers CySEC, FSCA, ASIC.
- Regulators: only OANDA offers CFTC.
- Markets.com is licensed in 2 more countries.
- Minimum deposit is lower at OANDA: $0 vs $100.
- Markets: only Markets.com offers Spread betting.
- Support channels: only Markets.com offers Help centre.
- Features: only Markets.com offers Copy trading, Crypto.
Our verdict on each
Markets.com
Markets.com suits retail traders who want stocks, forex, cfds, crypto and spread betting under a single account with no commission charged on share dealing. Stock trades carry fees of $0 and the account fee is $0, though the $100 minimum deposit and an inactivity charge of $10 are the figures to weigh.
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 | Markets.com | OANDA |
|---|---|---|
| Cost | 8.9Commission-free model: stock trades at fees of $0, account fee of $0, currency conversion of 0.6%. | 9.7Higher |
| Offer | 9.7Higher | 9.3 |
| Trust | 9.9Higher | 9.5 |
Where they rank in our lists
| Ranking | Markets.com | OANDA |
|---|---|---|
| Stock and ETF brokers | 40 of 490 | 42 of 490 |
| Forex brokers | 16 of 147 | 17 of 147 |
| Low-spread forex brokers | 14 of 145 | 15 of 145 |
| CFD brokers | 13 of 122 | 14 of 122 |
Which one suits you
Pick Markets.com if offer, trust, and markets matter most.
Pick OANDA if cost and minimum deposit matter most.
Feature by feature
| Markets | Markets.com | OANDA |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
| Bonds | Yes | Yes |
| Spread betting | Yes | No |
Every fact side by side
| Fact | Markets.com | OANDA |
|---|---|---|
| Features | Mobile app, Copy trading, Demo account, CryptoCovers more | Demo account, Mobile app |
| Pricing model | Commission free | Not confirmed |
| Audience | Beginners, Experienced | Not confirmed |
| Legal entity | Finalto Financial Services Limited | OANDA TMS Brokers S.A. |
| Headquarters | Not confirmed | United States |
| Founded | Not confirmed | 1996 |
| Support channels | Email, Phone, Help centreCovers more | Email, Phone |
Where each stands against the rest
| Fact | Markets.com | OANDA | Median |
|---|---|---|---|
| Minimum deposit | $100above the median | $0below the median | $10 |
| Stock trade fee | $0at the median | Not confirmed | $0 |
| Account fee | $0at the median | Not confirmed | $0 |
| Inactivity fee | $10above the median | Not confirmed | $0 |
| Retail accounts that lose money | 72.4%above the median | 72%above the median | 70.375% |
| Currency conversion fee | 0.6%above the median | Not confirmed | 0.4% |
Median across 99 listed brokers.
Pros and cons
Markets.com
Pros
- Stock trades carry fees of $0 on a commission-free model, so placing a share trade is not chargeable
- The account fee is $0, which ranks Markets.com at 1 of 138 brands on that measure
- Deposits and withdrawals carry no deposit or withdrawal fees, so moving money on and off the account stays cheap
Cons
- An inactivity charge of $10 catches dormant balances, placing Markets.com at 35 of 56 brands on that measure
- The minimum deposit of $100 is heavy, ranking at 148 of 213 brands, so a smaller opening balance rules it out
- A currency conversion fee of 0.6% sits on top of the commission-free model, so currency trades cost more than the share trades priced at $0
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
Markets.com
Who it suits
- Retail traders who want stocks, forex, cfds, crypto and spread betting inside a single account
- Investors who trade often enough to clear the $100 minimum and steer clear of the $10 inactivity charge
- UK residents who want the account run by Finalto Financial Services Limited under the FCA
Who should look elsewhere
- Anyone opening with a small balance, since the $100 minimum deposit compares with a site median of €4.64 while CFI takes $0 and Vantage takes $5
- Long term holders of an idle balance, because an inactivity charge of $10 applies
- Traders who mainly want forex and the lowest way in, since CFI and Vantage set minimum deposits at $0 and $5
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
Markets.com
Does Markets.com charge commission on shares?+
The pricing model is commission-free, and stock trades carry fees of $0 on the trade itself. Currency conversion of 0.6% and an inactivity charge of $10 sit outside that figure, so regular traders should build both into the running cost.
Is there a monthly or annual account fee?+
Fees run $0 on the account, which ranks Markets.com at 1 out of 138 brands on that measure. Deposits and withdrawals carry no deposit or withdrawal fees as well, so funding the account and taking money back out stay clear of extra charges.
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.
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