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CMC Markets vs Oanda : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

CMC Markets

CMC Markets

VS
Oanda

Oanda

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

Market maker

Years of Existence / Established Year

1989

1996

Customer Base / Number of Accounts

265k+

50M


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Regulation & Security

Regulations (governing bodies)

FCA, ASIC, CIRO, MAS, FMA

CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI

Awards Won (count for the last 2 years)

Best Mobile Trading Platform, No.1 Most Currency Pairs, Best for CFDs -2024, No.1 Web Platform, Best Forex Broker, Best In-House Analysts 2023

Broker of the year by TradingView Awards 2023 Most popular broker 3 years in a row in TradingView Awards 2020, 2021, 2022

Security Measures

FSCS

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

12,000+ tradable instruments including shares, Treasuries

68+ major currency pairs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

No

Yes

Options

No

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

CMC web platform, iOS and Android app

Oanda Mobile and Tablet apps

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Spread betting, CFD account , FX active, Corporate account

Standard account Corporate account Professional trading account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$0

Leverage Available

30:1 to 1:500

50:1

Trade Limit (maximum per trade)

No information

Varies by instrument

Commission (per account type)

Standard - No commission, FX active account- $2.50

Standard - $50/M Premium - $50/M Premium Plus - $40/M

Best Suited For (e.g., beginners, experienced traders)

Professional and retail traders

Only experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, Debit/credit card, Online banking

Bank Wire Transfer ACH Debit card

Withdrawal Methods

Bank transfer, Debit/credit card, Online banking

Debit card Bank Wire transfer

Other E-Wallets Supported

No

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learn spread betting, Learn to trade CFDs, Learn forex trading, technical indicators, Fundamental analysis, Webinars & events, Platform guides, Trading guides

Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators


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Fees & Commissions

Trading-Related Fees

CFD trading -US shares from $10; FX active - US shares from $10; Typical STP: Spread of 1.2 pips, Typical ECN: Spread of 0.2 pips, Spread- starts from 0.0 to 0.6 pips, Overnight holding costs: 0.0027%

Spread starts from 0.0, commission- $30 per 1M

Spread (typical, fixed, variable)

Fixed/Variable

Typical

Per Lot Fees

$2.50

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

$5.00 per $100,000 in nominal value

NA

Guaranteed Stop Loss Fees

Crude Oil Brent $0.02 per unit, Apple Inc $0.41 per unit, US 30 $1.50 per unit, GBP/USD $0.00015 per

NA

Maximum Leverage

1:500

50:1


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Non-Trading Fees

Dormant Fees

$0

10 units of the currency for inactivity atleast 12 months.

Subscription Fees (for premium features, data feeds)

ASX Dynamic Data package $41.25 a month (non-professional investors) $118.80 a month, International Data service fees (US) $11, International Data service fees (NZ) $11, Live Data package Free

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

NA

Vary on instruments and change on a daily basis

Statement or Document Fee

NA

$0

Account Opening Fee

$0

$0

Account Maintenance Fee

NA

$0

Deposit Fee

$0

$0

Currency Conversion Fee

0.50%

0.50%

Withdrawal Fee

$0

USD - First withdrawal fee in a calendar month Bank transfer / wire transfer - $20 Debit card - no feeUSD - additional withdrawals in a calendar month Bank transfer / wire transfer - fee + $15 Debit card - $15ACH - No fee


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

All FX products - Sunday 17:05 - Friday 16:59 Cryptocurrency - 24/7


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

Monday to Friday from 8am to 8pm

24x5

Customer Support Methods (phone, email, live chat)

Email: [email protected], Phone: +44 (0)20 7170 8200

Email: mailto:[email protected] Monday to Friday - 8:00 to 20:00 CET Poland (+48)799366830 Malta (+356)20345018 Spain (+34)910479707 France (+33)182884361 Germany (+49)6995019607

Support Languages

12+

4


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Additional Information

Headquarters Location

CMC Markets UK plc, 133 Houndsditch, London, EC3A 7BX, United Kingdom

Dashwood House 64, Old Broad Street London EC2M 1QS

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
While CMC Markets maintains low trading fees with no minimum deposit, Oanda includes some charges for premium features and certain asset trades, making CMC Markets the better option for budget-focused traders.
While CMC Markets prioritizes fast registration with minimal steps, Oanda focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
If you're trading on-the-go, CMC Markets mobile platform is fluid and intuitive. Oanda desktop and web apps are more robust, making them suitable for in-depth trading sessions.
If you're after professional-grade platforms, CMC Markets may be ideal. For casual investors, Oanda offers a low-barrier entry.