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Head to head

OANDA vs STB Provider

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. STB Provider has no licence we could confirm on a regulator's register. 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 $0 at OANDA and $10 at STB Provider. Both offer negative balance protection and segregated client money.

Facts last checked: OANDA on 20 October 2026, STB Provider on 20 October 2026.

OANDA profileSTB Provider 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
OANDAStrictly regulatedRead the profile
STB ProviderRead the profile
Comparing
OANDAUnited States
STB Provider

Overview

Founded
Not yet checked
2021
Headquarters
Not yet checked
Gros Islet, Saint Lucia (office in Sofia, Bulgaria)
Official websites
  • oanda.com
  • oanda.sg
  • stbbrokers.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
OANDA Corporation
No licence listed
Regulator
CFTC / NFA
United States
No licence listed
Regulation level
Strictly regulated
No licence listed
Licence number
NFA ID 0325821
Check the register
No licence listed
Clients this company serves
US residents (retail forex; registered futures commission merchant and retail foreign exchange dealer)
No licence listed
All licences held
  • CFTC / NFA (United States)
  • FCA (United Kingdom)
  • KNF (European Union)
  • CIRO (Canada)
  • ASIC (Australia)
  • MAS (Singapore)
  • JFSA (Japan)
  • FSC (BVI) (British Virgin Islands)
None listed
Segregated client money
Yes
Yes
Negative balance protection
Yes
Yes
Compensation scheme
FSCS (UK, OANDA Europe Limited clients); CIPF (Canada); other countries have their own schemes or none
None

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
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
Not yet checked
Yes

Leverage and margin

Maximum retail leverage
1:30 on major currency pairs (UK and EU retail clients); other companies set their own limits
Up to 1:400 (1:200 on Prime), reduced as position size grows
Retail leverage by asset class
  • Major currency pairs: 1:30
  • Other currency pairs: 1:20
  • Other commodities and non-major indices: 1:10
  • Share CFDs: 1:5
  • FX majors and gold (Standard, ECN, Prime): Full account leverage up to $799.99K notional, then 33%, 10% and 5%
  • FX minors, metals, indices and commodities: 50% of account leverage up to $199.99K notional, then lower
  • Crypto: 1:75 for small positions, down to 1:3.75
  • Stocks: 1:20 for small positions, down to 1:1
Margin call level
Not yet checked
Not yet checked
Stop-out level
Not yet checked
30% (Standard, ECN, Prime); 60% (Zero)

Account

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

Platforms and features

Platforms
  • OANDA Trade web
  • OANDA Trade mobile app
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
  • MetaTrader 5
Markets
Currency pairs, indices, commodities, metals, bonds, shares and ETFs as CFDs and spread bets (UK)
350+ CFD and spot instruments, including forex, metals, indices, energies, crypto and stocks
Demo account
Not yet checked
Yes
Copy trading
Not yet checked
Yes
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Yes
Not yet checked

Deposits and withdrawals

Deposit methods
  • Debit or credit card
  • Bank transfer
  • USDT (BEP20 and TRC20)
  • Top Change exchange
  • Farsi Change exchange
Withdrawal fee
No deposit or withdrawal fees from OANDA (UK); your bank may charge
$5 by USDT TRC20, $1 by USDT BEP20, minimum $2 via Top Change
Inactivity fee
Monthly fee after 12 months without trading, capped at £20 a month per client (UK)
Not yet checked

Support

Customer support
Not yet checked
24/7 support

Our notes

Strengths
  • 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)
  • Four account types from $10, with commissions published per asset class
  • Says client funds are segregated and that every account has negative balance protection
  • Publishes its dynamic leverage tiers and stop-out levels
Watch out for
  • 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
  • The "Licence No. 2023-00478" on its site is the company number on its Saint Lucia certificate of incorporation (International Business Companies Act), not a financial licence
  • It also shows a US FinCEN money services business registration; that is an anti-money-laundering registration, not a licence to offer forex or CFDs, and STB does not serve US residents
  • No licence from any regulator that we could confirm
  • Funding only by USDT and two exchange services; no cards or bank transfer

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:

  • 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.
  • STB Provider: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs, FX, or any of our other products 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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