Updated September 29, 2026 · BrokerCue Editorial Team
OANDA vs quirion
OANDA vs quirion: the differences
| Compare |  OANDA |  quirion |
|---|---|---|
| Minimum deposit | $0 | €25 |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, Bonds | ETFs, Funds |
| Regulators | FCA, CFTC | Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Retail accounts that lose money | 72% | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | free deposits and withdrawals |
| Account types | Not confirmed | Joint |
| Maximum retail leverage | 1:30 | Not confirmed |
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Key differences
- OANDA scores higher overall: 9.5 vs 9.2.
- Regulators: only OANDA offers FCA, CFTC.
- Regulators: only quirion offers Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).
- Founded is lower at OANDA: 1996 vs 2013.
- OANDA is licensed in 1 more country.
- Markets: only OANDA offers Stocks, Forex, CFDs.
- Markets: only quirion offers Funds.
- Support channels: only quirion offers Chat, Help centre.
- Features: only OANDA offers Demo account.
Our verdict on each
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.
quirion
quirion suits German and European savers who want a ready-made portfolio, with regulation by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and money held under the EU investor compensation scheme. A minimum investment of €0 makes it easy to begin, though the ongoing fee is higher than at some rivals.
Score breakdown
| Area | OANDA | quirion |
|---|---|---|
| Cost | 9.7Higher | 9.4Management fee of 0.48% with a minimum investment of €0 and no charge on deposits or withdrawals. |
| Offer | 9.3Higher | 9.2 |
| Trust | 9.5Higher | 9.0 |
Licences and countries
| Country | OANDA | quirion |
|---|---|---|
| Germany | Not confirmed | |
| United Kingdom | FCA 542574 | Not confirmed |
| United States | CFTC 0325821 | Not confirmed |
Feature by feature
| Markets | OANDA | quirion |
|---|---|---|
| Stocks | Yes | No |
| ETFs | Yes | Yes |
| Forex | Yes | No |
| CFDs | Yes | No |
| Crypto | Yes | No |
| Bonds | Yes | No |
| Funds | No | Yes |
Sources behind this comparison
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
quirion
- quirion.de: 9 facts, checked September 26, 2026
- bafin.de: 2 facts, checked September 26, 2026
How they place
| Ranking | OANDA | quirion |
|---|---|---|
| Stock and ETF brokers | 51 of 471 | 102 of 471 |
Every fact side by side
| Fact | OANDA | quirion |
|---|---|---|
| Features | Demo account, Mobile appCovers more | Mobile app |
| Legal entity | OANDA TMS Brokers S.A. | quirion AG |
| Headquarters | United States | Germany |
| Founded | 1996Lower | 2013 |
| Support channels | Email, Phone | Email, Chat, Phone, Help centreCovers more |
Where each stands against the rest
| Fact | OANDA | quirion | Median |
|---|---|---|---|
| Retail accounts that lose money | 72%below the median | Not confirmed | 72.21% |
Median across 49 listed brokers.
Pros and cons
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.
quirion
Pros
- Regulated by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), with money held under the EU investor compensation scheme up to the limit that scheme states
- Portfolio types cover etf, esg and cash, so a cash option sits alongside the ETF and ESG portfolios
- Support runs on email, chat and phone, and a mobile app covers the everyday account tasks
Cons
- The management fee of 0.48% is above the robo-advisor median of 0.35%, so the gap grows with the balance
- Investing covers etfs and funds only, so there is nothing here for readers who want to deal in individual shares
Who each suits
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.
quirion
Who it suits
- First-time investors who would rather not choose funds and ETFs themselves
- German and European savers who want a regulated provider with a joint account option
- People who want part of their money in a cash portfolio and the rest managed
Who should look elsewhere
- Readers who want to deal in individual shares: quirion covers etfs and funds, so eToro is the closer fit for self-directed trading
- Readers who prefer to commit a larger sum from the start: Axos Invest asks for a minimum investment of $100, against €0 here
Current offers
quirion
Current offer
Bonus
Studierendendepot: 50 EUR bonus for your first ETF portfolio: 50 EUR
For students, campaign runs until 16.11.2026
Source, checked September 26, 2026
Country by country
| Country | OANDA | quirion |
|---|---|---|
| Germany | No | Yes |
Questions about each
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.
quirion
What does quirion cost?+
The management fee is 0.48%, taken on the portfolio rather than per trade. Deposits and withdrawals carry no charge, and support comes through email, chat and phone. The fee sits above the robo-advisor median of 0.35%, so a large balance costs more than it would at a lower-fee rival.
Is quirion regulated, and what happens to my money if the firm fails?+
quirion is regulated by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), the German financial supervisor, so it operates under supervision rather than as an informal saving scheme. Money with quirion is covered by the EU investor compensation scheme up to the limit that scheme states. That protection concerns the firm failing, not the market moving against a portfolio.
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