Head-to-Head Comparison

FBS vs OANDA

Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.

FBS logo

FBS

FSC
Est. 2009
VS
Score
4:2
OANDA logo

OANDA

FCA
Est. 1996

Quick Summary

FBS (established 2009) and OANDA (established 1996) are both regulated forex and CFD brokers. OANDA offers tighter spreads starting from 0 pips, compared to FBS's 0.5 pips. FBS provides higher maximum leverage of 1:3000 versus OANDA's 200:1. FBS has a lower minimum deposit requirement of $1.

Trading Conditions

Feature
FBS
OANDA
Min. Spread
0.5 pips
0 pips
Min. Deposit
$1
$0
Max Leverage
1:3000
200:1
Execution
STP
Market Maker
Instruments
250+
100+
Founded
2009
1996
Headquarters
Belize
United States

Regulation & Licensing

FBS logo
FBS

FSC(000102/6)
Belize
CySEC(331/17)
Cyprus

OANDA logo
OANDA

FCA(461819)
United Kingdom
NFA(0325821)
United States
MAS(CMS100231)
Singapore
ASIC(412981)
Australia
CIRO
Canada
FSC(SIBA/L/20/1130)
British Virgin Islands

Platforms & Features

Feature
FBS
OANDA
Platforms
MetaTrader 4, MetaTrader 5, FBS Trader
OANDA Trade, MetaTrader 4
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account

Server Infrastructure

Metric
FBS
OANDA
Total Servers
2
2
Total Endpoints
75
7
Countries
16
4
Hosting Providers
Vultr, Metaquotes, FranTech Solutions
Liquidity Connect LLC, Cloudflare, Beeks Financial Cloud

Account Types

FBS

Standard
Spread: 0.7 pipsMin: $1Lev: 1:3000
Cent
Spread: 0.7 pipsMin: $1Lev: 1:1000
Pro
Spread: 0.5 pipsMin: $200Lev: 1:2000

OANDA

Standard
Spread: 0.6 pipsMin: $0Lev: 200:1
Core
Spread: 0 pipsMin: $0Lev: 200:1Comm: $5/100k

Verdict: FBS vs OANDA

Based on our verified data analysis, FBS has a slight edge in this comparison with a score of 4 vs 2.

Choose OANDA if you prioritize the tightest possible spreads. Choose FBS if you need higher leverage. Choose FBS for a lower entry barrier.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.