Head to head

Exness vs OANDA

Exness is licensed by FSCA in South Africa, CMA (Kenya) in Kenya, CMA (UAE) in the United Arab Emirates, FCA in the United Kingdom and 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 $10 at Exness and $0 at OANDA. Both offer negative balance protection and segregated client money.

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

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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.

Comparing
ExnessSeychelles
OANDAUnited States

Overview

Founded
Not yet checked
Not yet checked
Headquarters
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Not yet checked
Official websites
  • exness.com
  • exness.eu
  • exness.uk
  • exness.ke
  • oanda.com
  • oanda.sg
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Exness (SC) Ltd
OANDA Corporation
FSA Seychelles
Seychelles
CFTC / NFA
United States
Regulation level
Offshore registration only
Strictly regulated
Licence number
SD025 (Securities Dealer)
Check the register
Clients this company serves
Clients who sign up through exness.com (Exness assigns the company by country; it names it in the client agreement)
US residents (retail forex; registered futures commission merchant and retail foreign exchange dealer)
All licences held
  • FSA Seychelles (Seychelles)
  • FSC (BVI) (British Virgin Islands)
  • FSCA (South Africa)
  • CMA (Kenya) (Kenya)
  • CMA (UAE) (United Arab Emirates)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • CFTC / NFA (United States)
  • FCA (United Kingdom)
  • KNF (European Union)
  • CIRO (Canada)
  • ASIC (Australia)
  • MAS (Singapore)
  • JFSA (Japan)
  • FSC (BVI) (British Virgin Islands)
None
FSCS (UK, OANDA Europe Limited clients); CIPF (Canada); other countries have their own schemes or none

Costs

Your monthly cost
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Typical GBP/USD spread
Not yet checked
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Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
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Yes
Not yet checked

Leverage and margin

Up to 1:Unlimited on some accounts (offshore companies)
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
60% (Standard); 30% (Pro, Zero, Raw Spread)
Not yet checked
Stop-out level
0% (stocks differ)
Not yet checked

Account

Minimum deposit (this account)
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Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • Exness Terminal
  • Exness Trade app
  • OANDA Trade web
  • OANDA Trade mobile app
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
Markets
Currency pairs, metals, cryptocurrencies, energies, stocks and indices as CFDs
Currency pairs, indices, commodities, metals, bonds, shares and ETFs as CFDs and spread bets (UK)
Yes
Not yet checked
Copy trading
Not yet checked
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
Not yet checked
  • Debit or credit card
  • Bank transfer
Withdrawal fee
No withdrawal fees from Exness; third-party fees may apply depending on the payment method
No deposit or withdrawal fees from OANDA (UK); your bank may charge
Inactivity fee
Not yet checked
Monthly fee after 12 months without trading, capped at £20 a month per client (UK)

Support

Customer support
Not yet checked
Not yet checked

Our notes

Strengths
  • Licences confirmed with the FSCA in South Africa, the CMA in Kenya and the UAE's Capital Market Authority
  • Low $10 minimum deposit on the Standard account and no withdrawal fees from Exness
  • Exness says client money is held in segregated accounts and retail accounts have negative balance protection
  • 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
  • Most retail clients join offshore companies (FSA Seychelles or BVI FSC), and the strictly regulated UK and Cyprus companies do not accept retail clients
  • Exness also says it holds licences from the Central Bank of Curaçao and Sint Maarten (Exness B.V., 0003LSI), the FSC of Belize (Forexite Ltd., 9110312), the FSC of Mauritius (Exness (MU) Ltd, GB20025294), the Jordan Securities Commission (Exness Limited Jordan) and an FSCA ODP authorisation for Exness (SC) Ltd. We could not confirm these on the regulators' registers on 2026-10-20.
  • Leverage up to 1:Unlimited and a 0% stop-out mean a position can be closed only when your margin is gone
  • 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:

  • Exness: Risk Warning: Our services relate to complex derivative instruments requiring appropriate knowledge and understanding. Their prices may fluctuate rapidly and may become valueless. Trading involves a high risk of loss, with traders likely to incur losses exceeding the potential for profits. Losses may extend up to the full amount of funds in the trading account. Under no circumstances shall Exness have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any investing activity.
  • 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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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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