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Pick up to four brokers and quickly spot the differences that change a decision: trust, fees, platforms, withdrawals, restrictions, and notes you should verify.
Built for final-shortlist moments: select brokers, scan the trade-offs, then open the profile for deeper source notes.
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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.
Broker 1
Broker 2
| VS field | ![]() | |
|---|---|---|
Decision summary | ||
| Overall score | 87 | 90 |
| Trust score | 100 | 99 |
| Cost score | 71 | 85 |
| Platform score | 94 | 94 |
| Withdrawal score | 83 | 86 |
| Best for | Needs verification | Experienced forex/CFD traders · Scalpers, day traders and algorithmic traders comfortable with high-risk leveraged products · Users who specifically need MT4/MT5, cTrader or Tradi… |
| Watch out | Needs verification | Long-term investors seeking physical stocks/ETFs · Beginners who need strong statutory investor compensation or negative balance protection · Residents of restricted countries or… |
Trust & regulation | ||
| Regulators | CFTC/NFA, FCA, KNF/PFSA, MAS, CIRO, ASIC, Japan FSA, BVI FSC. Source | Financial Services Authority of Seychelles (FSA) Source |
| License numbers | Selected disclosed registration/license numbers: NFA 0325821; FCA 542574; ASIC AFSL 412981; MAS company registration 200704926K/CMS licence; OANDA TMS authorization of April 26, 2004 (KPWiG-4021-54-1/2004). Source | Securities Dealer license number SD018 Source |
| Regulated entities | OANDA Corporation; OANDA Europe Limited; OANDA TMS Brokers S.A.; OANDA Asia Pacific Pte Ltd; OANDA (Canada) Corporation ULC; OANDA Australia Pty Ltd; OANDA Japan Inc; OANDA Global Markets Ltd. Source | Raw Trading Ltd, registered in Seychelles (registration number 8419879-1), regulated by the Financial Services Authority of Seychelles with Securities Dealer license SD018. Source |
| Negative balance protection | Jurisdiction-dependent; verified for Canada/EU, not verified as general US trading protection. Source | No negative balance protection found for the reviewed global entity; IC says clients bear negative consequences and are responsible for any negative balance. Source |
| Investor compensation | Entity-dependent investor compensation/protection; US forex accounts not SIPC protected; Canada CIPF protection disclosed. Source | Client funds insurance up to US$1,000,000; no statutory investor compensation scheme found in reviewed official sources. Source |
| Restricted countries | OANDA discloses that it does not accept clients from some countries and that distribution/use may be restricted by local law, but a complete official restricted-country list was not found in the checked sources. Source | Raw Trading Ltd does not provide services to residents of the United States of America, Canada, New Zealand, Iran, North Korea (DPRK), or countries where distribution/use would be contrary to local law or regulation. Source |
Costs & account conditions | ||
| Minimum deposit | US official funding page states no minimum for ACH and no minimum or maximum for wire transfer; debit card has a $20,000 monthly maximum. Australia says standard/raw accounts require no minimum initial deposit. Global Markets account verification is not needed below US$9,000, but Premium eligibility starts at USD 10,000 deposit or volume criteria. Source | No minimum deposit requirement disclosed for opening a trading account. Source |
| Spread from | US spread-only pricing table lists EUR/USD at 1.4, USD/JPY at 1.4, etc.; non-US CFD accounts disclose lower from-spreads depending on entity/account. Source | Spreads from 0.0 pips on MetaTrader/cTrader Raw Spread platforms; Standard account spread starts from 0.8 pip. Source |
| Commission | Commission varies by jurisdiction/account/pricing plan; do not collapse into a single fee. Source | Standard: no commission, 0.8 pip markup. Raw Spread MetaTrader: USD $3.50 per lot per side / $7 round turn. cTrader/TradingView: USD $3 per $100,000 traded per side. Source |
| Maximum leverage | Maximum leverage is jurisdiction/instrument dependent; US maximum in checked examples is 50:1 on certain major FX pairs. Source | IC offers flexible leverage from 1:1 to 1:5000; leverage is dynamic and may change at any time. Source |
| Deposit fee | Deposit fees vary by method/entity; ACH no OANDA fee verified; bank/intermediary wire fees may apply. Source | IC does not charge additional deposit fees; bank/intermediary fees may apply. Source |
| Withdrawal fee | Withdrawal fees are method/account/entity dependent; debit card no-fee verified for US, bank transfer may have fees. Source | IC does not charge additional withdrawal fees, but third-party/intermediary/bank fees can apply; one Help Centre example mentions 20 AUD bank fee for some bankwire paths. Source |
| Inactivity fee | US current charges page says 20 USD/month after 12 months inactivity; page content has variation in older/global FAQ text, so review before publication. Source | No account inactivity fees. Source |
Markets, platforms & payments | ||
| Tradable assets | OANDA product set is jurisdiction-dependent: US forex and crypto via Paxos; non-US OANDA entities offer CFDs across forex, indices, metals, shares, commodities, cryptocurrencies and (Australia) bonds CFDs. Source | Forex CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, Bonds CFDs, Cryptocurrency CFDs, Futures CFDs. Source |
| Trading platforms | US offers OANDA Web, OANDA Mobile, TradingView, MT4, and OANDA Paxos Mobile for crypto. Australia also lists MT5 and OANDA API; BVI account comparison lists MT5, fxTrade, TradingView. Source | MetaTrader 5, MetaTrader 4, cTrader, TradingView, MetaTrader WebTrader/cTrader Web and social/copy tools IC Social, Signal Start, ZuluTrade. Source |
| Account types | US: Standard account and Elite Trader loyalty program, plus corporate/demo onboarding. Australia: standard and raw accounts. BVI Global Markets: Standard, Premium, Premium Plus. Source | Official pages list Standard, Raw Spread, cTrader Raw Spread and Swap Free; account overview also shows Raw Pro and Raw Pro+ entries. Source |
| Deposit methods | Funding methods vary by entity; US verified debit card, wire and ACH. Source | Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, wire transfer, Bpay, broker-to-broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, cryptocurrency. Source |
| Withdrawal methods | US withdrawals use same method as deposit and are subject to a hierarchy rule; debit card and bank wire are specifically described. Source | Withdrawal methods depend on original deposit method; examples include Visa/Mastercard/card routes, bank wire, Neteller, Skrill and PayPal. Source |
| Withdrawal processing time | US withdrawal processing times: debit card up to 3 business days; domestic bank wire 1-2 business days; international up to 5 business days. Source | Same-business-day processing cutoff before 12:00 AEST/AEDT; after processing allow at least 3 business days depending on method. Source |
BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.
