FP Markets vs OANDA, for 2025

Compare FP Markets vs OANDA

All platforms for online trading feature certain pros and cons, so a complete review of FP Markets and OANDA should not be complete without embracing an objective perspective.

Compare FP Markets and OANDA to get a better understanding of how they compare to each before you make an account. A comparative analysis helps to put things into perspective in order that you're aware of the expectations.

So you are looking for a professional broker and are choosing between FP Markets or OANDA. Who should you choose?

Our FP Markets vs OANDA comparison contains the latest information so you can easily compare OANDA against FP Markets.

If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will get adept at all the concepts of brokerage since you keep trading. For starters, you have to choose the ideal agent who will be transparent with you always.

In this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. FP Markets and OANDA are just two such platforms that will take you along with your investment to great heights. It is crucial to compare FP Markets vs OANDA before you trust them with your money.

Our FP Markets vs OANDA comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and OANDA side by side.

Our full FP Markets vs OANDA Review covers everything you will need to learn about trading using either FP Markets or OANDA. A fantastic agent can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a broker service that contrasts with your investment goals.

There's absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your broker before you select them. It is a frequent misconception that all agents are exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.

FP Markets and OANDA are both brokers which have paved their way successfully to the broker world. In this review, we've tried to collate a number of the important facets of both FP Markets and OANDA. This review will help you to know whether either OANDA or FP Markets is a good fit for your own investments or not. We've tried to breakdown all of the features and fees for your convenience.

Benefits of FP Markets and OANDA Compared

FP Markets offers a minimum deposit of $100 while OANDA offers a $1 minimum deposit.

Why smaller minimum deposits are good and how FP Markets and OANDA compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

FP Markets allows you to trade around 100 financial instruments while OANDA has around 100 financial instruments available.

The more instruments you can trade on the FP Markets and OANDA trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of FP Markets or OANDA.

FP Markets and OANDA Contact Details

Being able to contact your broker through many ways is important. FP Markets and OANDA have the following contact details and social medias that you can use.

OANDA and FP Markets Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

This part of comparing FP Markets and OANDA will examine whether their mobile app meets all our requirements.

We rate overall the user-friendliness of the apps as Better than the average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

FP Markets vs OANDA - Awards

FP Markets vs OANDA - Frequently Asked Questions

FP Markets vs OANDA - Headquarters And Year Of Founding

FP Markets was founded in 2005 and has its headquaters in Australia.

OANDA was founded in 1996 and has its head office in United States, Canada.

What is the minimum deposit for OANDA or FP Markets

The minimum deposit for FP Markets is $100.

The minimum deposit for OANDA is $1.

Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FP Markets and OANDA are a good choice.

FP Markets vs OANDA - Regulation And Licencing In More Detail

FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).

OANDA is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).

Both FP Markets and OANDA have a strong collection of rules for ensuring honest trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).

As per their privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare FP Markets vs OANDA Commission And Fees

FP Markets and OANDA are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker is not necessarily affected by the number of clients they have.

However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily three different types of fees for this purpose.

The first kind of fees to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In such cases, you are paying a spread, funding speed, or even a commission. The sorts of trading charges and the prices vary from broker to broker.

Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling price. Financing or overnight rates are those that are billed when you hold a leveraged position for longer than daily.

Aside from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake in your accounts. They're billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.

Generally, neither FP Markets or OANDA charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who often exchange, for example weekly or daily trading.

But, non-trading fees charged by FP Markets and OANDA are comparatively lower. As a result, you're charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These are not related to the sale and purchase of resources.

This FP Markets vs OANDA review for 2025 breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees For FP Markets And OANDA

What Languages Do FP Markets And OANDA Support?

Being able to talk completely with your trading broker is a key element when comparing brokers to find the best trading partner. Not only for support but to be sure you understand everything on their website and inside their application as it is a key part of success when trading forex.

Here you can find the languages that both FP Markets and OANDA support.

How Many Clients Do FP Markets and OANDA Have?

Both FP Markets and OANDA are well known and trusted. It is really important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many customers are using their services.

Below you will find details of how many customers FP Markets and OANDA have

What Payment Methods Do FP Markets and OANDA Accept?

FP Markets and OANDA both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at FP Markets and OANDA

What Can You Trade With FP Markets and OANDA?

FP Markets offers 100 trading instruments whilst OANDA offers 100.

Below you will find a full breakdown of what both FP Markets and OANDA offer.