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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.

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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
OANDA

oanda.com

CFD BrokerCrypto BrokerCrypto
IC Markets

icmarkets.com

Forex BrokerMulti Asset BrokerStock CFD
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.