AvaTrade vs OANDA: Which Broker Is Better in 2026?
AvaTrade, founded 2006 in Dublin, is regulated by ASIC, CBI, FSA, FSCA, ADGM. OANDA, founded 1996 in New York, is regulated by FCA, ASIC, CFTC, NFA, MAS. Here is how the two brokers compare on spreads, fees, leverage, platforms, and regulation, and which one is the better fit for your trading.
OANDA is the choice for US traders since it is CFTC and NFA regulated and accepts US clients, but its leverage is capped at 1:50 and it has no Islamic account. AvaTrade does not serve the US, but everywhere else it offers 1:400 leverage, swap-free accounts, copy trading, and the AvaTradeGO app. Outside the US, AvaTrade is the stronger all-round broker.
| Feature | AvaTrade | OANDA |
|---|---|---|
| Overall Score | 4.6/5 | 4.3/5 |
| Regulation | ASIC, CBI, FSA, FSCA, ADGM | FCA, ASIC, CFTC, NFA, MAS |
| Min Deposit | $100 | $0 |
| EUR/USD Spread | 0.9 pips | 1.1 pips |
| Commission | $0 | $0 |
| Platforms | MT4, MT5, AvaTradeGO | MT4, fxTrade |
| Max Leverage | 1:400 | 1:50 (US), 1:30 (EU) |
| Withdrawal Time | 1-2 days | 2-3 days |
| Withdrawal Fee | $0 | $0 |
| Inactivity Fee | $50 after 3 months | $10/mo after 12 months |
| Islamic Account | Yes | No |
| US Clients | No | Yes |
| Founded | 2006 | 1996 |
| Headquarters | Dublin | New York |
Where AvaTrade wins
- Higher overall rating (4.6/5)
- Tighter EUR/USD spread (0.9 pips)
- Lower inactivity fee ($50 after 3 months)
- Swap-free Islamic accounts
Where OANDA wins
- Lower minimum deposit ($0)
Bottom line
OANDA is the choice for US traders since it is CFTC and NFA regulated and accepts US clients, but its leverage is capped at 1:50 and it has no Islamic account. AvaTrade does not serve the US, but everywhere else it offers 1:400 leverage, swap-free accounts, copy trading, and the AvaTradeGO app. Outside the US, AvaTrade is the stronger all-round broker. Read the full reviews or compare other brokers before you open an account.