Interactive Brokers vs OANDA
Pick up to 4 brokers or prop firms. Licenses, scores and trading conditions come from our reviews, checked on the regulators' registers.
Interactive Brokers
OANDA
| 2 compared | ||
|---|---|---|
| Overview | ||
| Editor score | 9.9/10 Best | 9.4/10 |
| Rank | #1 of 131 brokers | #3 of 131 brokers |
| Founded | 1978 | 1996 |
| Headquarters | Greenwich, Connecticut, US | New York, US |
| Operating entity | Interactive Brokers Group, Inc. | OANDA Global Corporation |
| Regulation | ||
| Active licenses | SECFINRANFAFCAASICCIRO |
NFACFTCFCAASICMASJFSA |
| Tier-1 regulator | Yes | Yes |
| Compensation scheme | — | — |
| Warnings or lost licenses | 0 | 0 |
| Trading conditions | ||
| Min. deposit | $0 | $0 |
| EUR/USD spread | 0.1 pip | 0.0 pip Lowest |
| Max leverage | 1:30+ | 1:50+ |
| Platforms | TWSIBKR DesktopIBKR MobileIBKR GlobalTraderWebTraderIBKR API |
OANDA TradeMT4TradingView |
| Account types | Cash AccountMargin AccountIRA (US retirement)Joint AccountInstitutionalFamily Office+2 |
StandardCoreDemo |
| Deposit methods | Bank TransferACH (US)SEPA (EU)Faster Payments (UK)Check |
Bank TransferACH (US)Visa/MastercardPayPalWire Transfer |
| MetaTrader server verified | No | Yes |
| Score breakdown | ||
| Regulation | 10.0 |
10.0 |
| License | 9.8 |
9.5 |
| Risk Control | 9.5 |
10.0 |
| Business | 10.0 |
7.5 |
| Software | 10.0 |
10.0 |
| Influence | 10.0 |
9.0 |
Figures come from each review and were checked on its review date. Spreads are the typical EUR/USD spread on the standard account; leverage is the retail maximum under the strictest regulator listed. "—" means not offered, not disclosed or not recorded in the review.