4.6
4.5
9 pts
Head to head
Winners by category
Full comparison table
Rating
OANDA
4.6
Plus500
4.5
Model score
OANDA
89
Plus500
80
Regulation
OANDA
CFTC/NFA (USA), FCA (UK), ASIC (Australia), MAS (Singapore), IIROC (Canada), CIRO (Canada), JFSA (Japan)
Plus500
Heavily licensed worldwide by Tier-1 authorities including the Financial Conduct Authority (FCA, UK), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS), Cyprus Securities and Exchange Commission (CySEC), and the Commodity Futures Trading Commission (CFTC, US via Plus500 US).
Spreads
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.
Plus500
Operates on dynamic spread pricing with direct market execution via its proprietary engine. Average EUR/USD spreads start at approximately 0.8 pips.
Fees
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.
Plus500
100% commission-free trading model. The broker monetizes via spread markups, overnight financing (swap) adjustments, currency conversion fees (up to 0.7%), and a fee for optional Guaranteed Stop Loss Orders.
Platforms
OANDA
fxTrade Web/Mobile, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView
Plus500
Proprietary Plus500 WebTrader, Plus500 Mobile App (iOS/Android), and Plus500 Futures terminal for dedicated US futures contracts.
Account types
OANDA
Standard Core, Core + Commission, Premium / Elite Trader, Demo Account
Plus500
Offers a single unified Retail Trading Account, a Professional Account for qualifying traders requiring higher leverage limits under ESMA rules, and a dedicated US Futures Account.
Min deposit
OANDA
($0 )No minimum in some regions
Plus500
$100 for credit/debit cards and electronic wallets; $500 for bank wire transfers.
| Topic | OANDA | Plus500 |
|---|---|---|
| Rating | 4.6 | 4.5 |
| Model score | 89 | 80 |
| Regulation | CFTC/NFA (USA), FCA (UK), ASIC (Australia), MAS (Singapore), IIROC (Canada), CIRO (Canada), JFSA (Japan) | Heavily licensed worldwide by Tier-1 authorities including the Financial Conduct Authority (FCA, UK), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS), Cyprus Securities and Exchange Commission (CySEC), and the Commodity Futures Trading Commission (CFTC, US via Plus500 US). |
| Spreads | 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. | Operates on dynamic spread pricing with direct market execution via its proprietary engine. Average EUR/USD spreads start at approximately 0.8 pips. |
| Fees | 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. | 100% commission-free trading model. The broker monetizes via spread markups, overnight financing (swap) adjustments, currency conversion fees (up to 0.7%), and a fee for optional Guaranteed Stop Loss Orders. |
| Platforms | fxTrade Web/Mobile, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView | Proprietary Plus500 WebTrader, Plus500 Mobile App (iOS/Android), and Plus500 Futures terminal for dedicated US futures contracts. |
| Account types | Standard Core, Core + Commission, Premium / Elite Trader, Demo Account | Offers a single unified Retail Trading Account, a Professional Account for qualifying traders requiring higher leverage limits under ESMA rules, and a dedicated US Futures Account. |
| Min deposit | ($0 )No minimum in some regions | $100 for credit/debit cards and electronic wallets; $500 for bank wire transfers. |