CMC MarketsSpreads from 0.7 pip on forex, no commission on standard account
- Published fee
- Spreads from 0.7 pip on forex, no commission on standard account
- Minimum deposit
- 0 €
- Inactivity
- £10/month after 12 months of inactivity
Broker comparison
CMC Markets vs.
Oanda
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
See comparisonCMC Markets
OandaVS
Summary
Your goal decides.
CMC Markets has a higher rating of 4.3/5 compared to Oanda (4.2/5). CMC Markets is BaFin-regulated, while Oanda is supervised by FCA/NFA. CMC Markets has been in the market since 1989, making it the more experienced provider. On spreads, CMC Markets offers EUR/USD from 0.7 pip (typical), while Oanda offers EUR/USD from 1.0 pip (Standard), 0.2 pip (Core) + commission.
CMC MarketsAward-winning Next Generation platform with over 12,000 products
OandaForex specialist with advanced technology since 1996
At a glance
The key differences
| Criterion | CMC Markets | Oanda |
|---|---|---|
| Platforms | Next Generation, MT4, CMC Mobile | OANDA Trade, MT4, MT5, TradingView |
| Product types | CFDs, Forex, Indices, Commodities, Stocks CFDs, Treasuries | Forex, CFDs, Indices, Commodities, Bonds, Metals |
| Options trading | No, CFDs and spread betting | No, forex and CFD trading |
| Fee model | Spreads from 0.7 pip on forex, no commission on standard account | Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing) |
| Minimum deposit | 0 € | 0 € |
| Regulation | BaFin/FCA | FCA/NFA |
| More information | Details | Details |
Platforms
CMC Markets
Next Generation, MT4, CMC Mobile
Oanda
OANDA Trade, MT4, MT5, TradingView
Product types
CMC Markets
CFDs, Forex, Indices, Commodities, Stocks CFDs, Treasuries
Oanda
Forex, CFDs, Indices, Commodities, Bonds, Metals
Options trading
CMC Markets
No, CFDs and spread betting
Oanda
No, forex and CFD trading
Fee model
CMC Markets
Spreads from 0.7 pip on forex, no commission on standard account
Oanda
Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing)
Minimum deposit
CMC Markets
0 €
Oanda
0 €
Regulation
CMC Markets
BaFin/FCA
Oanda
FCA/NFA
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
CMC MarketsOandaSpreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing)
- Published fee
- Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing)
- Minimum deposit
- 0 €
- Inactivity
- $10/month after 12 months of inactivity
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
CMC MarketsCheck the provider’s execution policy and available order types for your account.
Provider informationOandaCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
CMC MarketsCFDsForexIndicesCommoditiesStocks CFDsTreasuries
OandaForexCFDsIndicesCommoditiesBondsMetals
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
CMC MarketsNext Generation · MT4 · CMC Mobile
CMC Markets offers the Next Generation platform, MT4, and the CMC Mobile app. Next Generation is the award-winning main platform with over 115 technical indicators, modular chart layout, pattern recognition tools, integrated Reuters news, and client sentiment analysis. MT4 is available for automated trading with Expert Advisors. The CMC Mobile app provides the full range of features on the go, including all charting capabilities and push notifications.
Explore platformOandaOANDA Trade · MT4 · MT5 · TradingView
Oanda offers the OANDA Trade platform, MT4, MT5, and TradingView. The OANDA Trade platform is the proprietary development with an intuitive interface, advanced charting tools, technical analysis indicators, and integrated market analyses. MT4 and MT5 support automated trading with Expert Advisors. TradingView offers a community-based charting environment. All platforms support Oanda's unique flexible lot sizes and provide mobile versions.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
CMC MarketsAward-winning Next Generation platform with over 12,000 products
- Award-winning Next Generation platform
- Over 12,000 CFD products
- BaFin-regulated
- Only CFD trading, no real stocks
- Inactivity fee after 12 months
OandaForex specialist with advanced technology since 1996
- No minimum deposit required
- Flexible lot sizes from 1 unit
- Advanced analysis tools
- Limited product range
- No stocks or ETFs
Find the broker that fits
CMC Markets oder Oanda?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Your questions
Frequently asked questions
How do fees differ between CMC Markets and Oanda?
CMC Markets: Spreads from 0.7 pip on forex, no commission on standard account. Oanda: Spreads from 0.6 pip (Standard), from 0.2 pip (Core Pricing). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: CMC Markets or Oanda?
CMC Markets offers CFDs, Forex, Indices, Commodities, Stocks CFDs, Treasuries. Oanda offers Forex, CFDs, Indices, Commodities, Bonds, Metals.
How are CMC Markets and Oanda regulated?
The broker profiles list BaFin/FCA for CMC Markets and FCA/NFA for Oanda. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is CMC Markets or Oanda better for beginners?
CMC Markets lists a 0 € minimum deposit and offers Next Generation, MT4, CMC Mobile. Oanda lists 0 € and offers OANDA Trade, MT4, MT5, TradingView. Compare usability, available products and costs for your intended use.
CMC Markets vs Oanda: Which broker is better overall?
The choice between CMC Markets (4.3/5, 1400 reviews) and Oanda (4.2/5, 1500 reviews) depends on your needs. CMC Markets: Award-winning Next Generation platform with over 12,000 products. Oanda: Forex specialist with advanced technology since 1996.
How do spreads compare between CMC Markets and Oanda?
CMC Markets offers typical spreads of EUR/USD from 0.7 pip (typical). Oanda offers EUR/USD from 1.0 pip (Standard), 0.2 pip (Core) + commission. Tighter spreads reduce trading costs especially for active trading.
Do CMC Markets or Oanda charge an inactivity fee?
CMC Markets: £10/month after 12 months of inactivity. Oanda: $10/month after 12 months of inactivity.
Your next step
Your next step
CMC MarketsAward-winning Next Generation platform with over 12,000 products
Open accountRead reviewOandaForex specialist with advanced technology since 1996
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.