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CMC Markets vs OANDA

Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.

CMC Markets rating

4.7

OANDA rating

4.6

Score gap

1 pts

Matchup

Head to head

Winners by category

Pricing & spreads
CMC Markets leadsEdge for CMC Markets (97.6 vs 96.2).
Regulation breadth
OANDA leadsEdge for OANDA (94.5 vs 85.0).
User experience
CMC Markets leadsEdge for CMC Markets (73.5 vs 72.1).
Editorial composite
CMC Markets leadsEdge for CMC Markets (104.1 vs 102.8).

Full comparison table

Rating

CMC Markets

4.7

OANDA

4.6

Model score

CMC Markets

90

OANDA

89

Regulation

CMC Markets

FCA (UK), ASIC (Australia), BaFin (Germany), MAS (Singapore), IIROC (Canada), FMA (New Zealand), DFSA (Dubai)

OANDA

CFTC/NFA (USA), FCA (UK), ASIC (Australia), MAS (Singapore), IIROC (Canada), CIRO (Canada), JFSA (Japan)

Spreads

CMC Markets

Spreads start from 0.0 pips on major pairs via FX Active, and from 0.7 pips on Standard accounts. Automated 100% electronic execution hosted on London servers.

OANDA

Spreads start from 0.0 pips on Core + Commission accounts, and from 1.0 pips on Standard Core accounts. Fully automated V20 execution engine with zero requotes.

Fees

CMC Markets

Standard CFD Account: Spread-only pricing (average EUR/USD ~0.65 pips). FX Active Account: Raw spreads from 0.0 pips + 0.0025% commission per side ($2.50 per $100k). No minimum deposit required.

OANDA

Core Pricing: Spread-only pricing (average EUR/USD ~1.0 – 1.2 pips). Core + Commission: Raw spreads from 0.0 pips + $3.50 commission per side ($7.00 round turn). No deposit or withdrawal fees.

Platforms

CMC Markets

Next Generation Platform, CMC Mobile App, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView

OANDA

fxTrade Web/Mobile, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView

Account types

CMC Markets

Individual CFD Account, FX Active Account, Spread Betting (UK), Professional Account, Demo Account

OANDA

Standard Core, Core + Commission, Premium / Elite Trader, Demo Account

Min deposit

CMC Markets

$0 (Varies)

OANDA

($0 )No minimum in some regions