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Head to head

Errante vs OANDA

Errante is licensed by CySEC in the European Union, and also has an offshore registration. OANDA is licensed by CFTC / NFA in the United States, FCA in the United Kingdom, KNF in the European Union, CIRO in Canada, ASIC in Australia, MAS in Singapore and JFSA in Japan, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $50 at Errante and $0 at OANDA. Both offer negative balance protection and segregated client money.

Facts last checked: Errante on 20 October 2026, OANDA on 20 October 2026.

Errante profileOANDA profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
ErranteStrictly regulatedRead the profile
OANDAStrictly regulatedRead the profile
Comparing
ErranteEuropean Union
OANDAUnited States

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Mahé, Seychelles (EU company in Cyprus)
Not yet checked
Official websites
  • errante.com
  • errante.eu
  • oanda.com
  • oanda.sg
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Notely Trading Ltd
OANDA Corporation
Regulator
CySEC
European Union
CFTC / NFA
United States
Regulation level
Strictly regulated
Strictly regulated
Licence number
383/20
Check the register
NFA ID 0325821
Check the register
Clients this company serves
Residents of EU and EEA countries, through errante.eu
US residents (retail forex; registered futures commission merchant and retail foreign exchange dealer)
All licences held
  • CySEC (European Union)
  • FSA Seychelles (International)
  • CFTC / NFA (United States)
  • FCA (United Kingdom)
  • KNF (European Union)
  • CIRO (Canada)
  • ASIC (Australia)
  • MAS (Singapore)
  • JFSA (Japan)
  • FSC (BVI) (British Virgin Islands)
Segregated client money
Yes
Yes
Negative balance protection
Yes
Yes
Compensation scheme
Investor Compensation Fund (Cyprus) for eligible clients of Notely Trading Ltd; none for clients of the Seychelles company
FSCS (UK, OANDA Europe Limited clients); CIPF (Canada); other countries have their own schemes or none

Costs

Your monthly cost
No accounts listed
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Cost per lot (EUR/USD)
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Spread from
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Typical EUR/USD spread
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Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Not yet checked

Leverage and margin

Maximum retail leverage
Up to 1:1000 (Seychelles company); 1:30 on major pairs for EU retail clients
1:30 on major currency pairs (UK and EU retail clients); other companies set their own limits
Retail leverage by asset class
Not yet checked
  • Major currency pairs: 1:30
  • Other currency pairs: 1:20
  • Other commodities and non-major indices: 1:10
  • Share CFDs: 1:5
Margin call level
100%
Not yet checked
Stop-out level
20%
Not yet checked

Account

Minimum deposit (this account)
No accounts listed
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Base currencies
No accounts listed
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Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • Errante client portal app
  • OANDA Trade web
  • OANDA Trade mobile app
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
Markets
50+ currency pairs, metals, energies and commodities, indices, shares and cryptocurrency CFDs
Currency pairs, indices, commodities, metals, bonds, shares and ETFs as CFDs and spread bets (UK)
Demo account
Yes
Not yet checked
Copy trading
Yes
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Yes

Deposits and withdrawals

Deposit methods
  • Bank wire (SWIFT and SEPA)
  • Debit and credit card
  • E-wallets
  • Cryptocurrency
  • Debit or credit card
  • Bank transfer
Withdrawal fee
Depends on the method. The terms also allow a fee of up to 5% if you withdraw without significant trading or within three months of funding without trading
No deposit or withdrawal fees from OANDA (UK); your bank may charge
Inactivity fee
$15 one-off, then $5 a month, after 150 days with no activity (Seychelles terms)
Monthly fee after 12 months without trading, capped at £20 a month per client (UK)

Support

Customer support
24/7 support by live chat and email (support@errante.com)
Not yet checked

Our notes

Strengths
  • EU company Notely Trading Ltd is licensed by CySEC (licence 383/20, checked on the CySEC register)
  • Negative balance protection is written into the Seychelles terms, so losses are capped at your account balance
  • Client money held separately from company funds, plus a civil liability insurance policy of up to €1,000,000
  • Choice of MetaTrader 4, MetaTrader 5, cTrader and TradingView
  • Licensed by strict regulators in the US, UK, EU, Canada, Australia, Singapore and Japan
  • No minimum account balance and no deposit or withdrawal fees on the UK site
  • Guaranteed stop-loss orders available in the UK (for a fee)
Watch out for
  • Clients outside the EU join the Seychelles company, which holds only an offshore licence and offers leverage up to 1:1000
  • Minimum deposits and spreads for the Premium, VIP and Tailor Made accounts are not shown on the public account page
  • Dormant accounts pay $15 and then $5 a month, and a fee of up to 5% can apply to withdrawals made without trading
  • Clients outside the countries with a local OANDA company may be placed with OANDA Global Markets Ltd, which holds only an offshore licence from the BVI FSC
  • UK inactivity fee after 12 months without trading, up to £20 a month
  • The NFA's BASIC record for OANDA Corporation lists past NFA and CFTC regulatory actions; read them there before you open a US account

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Errante: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
  • OANDA: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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