Quick Answer
FOREX.com and OANDA both publish US-facing forex services, but their account entities, platform choices and pricing schedules are not interchangeable. FOREX.com publishes Standard and RAW pricing, including a stated $7 commission per $100,000 traded for its US RAW account. OANDA publishes its own US pricing and platform information; this page does not claim a tested all-in cost winner. Check the current account entity and full schedule before comparing.
FOREX.com and OANDA Compared
This side-by-side view is limited to public provider disclosures checked for this review. It is not a live account test or a recommendation. The relevant price, product and protections depend on the company named in your account agreement.
| Comparison point | FOREX.com | OANDA |
|---|---|---|
| Review | US review covers GAIN Capital Group LLC and its cited NFA record. | US service page identifies a US-facing forex offering; verify the contracting company in the account documents. |
| Regulatory scope | US CFTC/NFA context applies to the named US entity, not every group company. | US regulatory disclosures are separate from OANDA’s UK, EU and other entities. |
| Platform choices | US pages describe FOREX.com platforms and MetaTrader 5 access; verify current account compatibility. | OANDA Trade and other platform integrations vary by region and account. |
| Published pricing | Standard spread-only and RAW pricing. The US RAW page states $7 per $100,000 traded; check the current schedule and commission basis. | OANDA publishes account pricing and spread information. This review does not assert a directly comparable all-in figure. |
| Markets and instruments | US product availability is narrower than the global FOREX.com range and is subject to US rules. | US offering and available instruments must be confirmed on OANDA’s US site and account terms. |
| Funding | Methods, processing times and any charges depend on the current US funding terms. | Methods and processing terms depend on the account and current OANDA US disclosure. |
Regulation and the Account Entity
A brand comparison is incomplete until the legal company is known. FOREX.com’s US service is associated with GAIN Capital Group LLC; OANDA’s US service is distinct from its UK or European companies. Search the relevant regulator register using the full entity name and verify current permissions and status.
A regulator record for a related company is not evidence that every product, account or website is covered by that record. The BrokerSafari reviews distinguish named entities from group-level marketing statements and identify the scope of each cited source.
Fees, Spreads and Account Types
FOREX.com describes a Standard account with spread-based pricing and a RAW account with a narrower quoted spread plus commission. Its US RAW disclosures state a $7 commission per $100,000 traded. Confirm whether the current account schedule describes one side or a complete transaction and include the spread, financing, conversion and payment charges.
OANDA’s published prices should be checked for the same currency pair, trade size and holding period. We did not collect synchronized quotes, reproduce typical-spread samples or open accounts, so we cannot identify a least-cost provider. “From” spreads are minimums, not typical execution prices.
Platforms, Products and Funding
Both providers publish platform information, but integrations may differ by country and account type. Check whether the specific account supports the platform you want, whether the instrument is available on it and which company executes the order. Platform availability does not establish execution quality.
Funding methods and withdrawal processing can change. Read the provider’s current terms for your entity, including third-party payment charges, currency conversion, withdrawal limits and verification requirements. BrokerSafari did not deposit or withdraw funds for this comparison.
What We Verified—and What We Did Not
We reviewed official US provider pages and the existing BrokerSafari review records. The dated sources below support the statements about advertised accounts, platforms and pricing. We did not test spreads, order execution, slippage, platform uptime, account opening, customer support or withdrawals.
This comparison is not a universal “winner” list. US residents should check the US legal company and permitted product; readers elsewhere should use the local provider site and regulator register rather than carrying US terms across borders.
Broker comparison
BrokerSafari scores describe recorded evidence, coverage and confidence. They are not investment ratings, suitability findings or guarantees.
- Evidence confidence:
- medium
- Evidence coverage:
- 56.3%
- Regulatory status:
- Verified regulator record located
- Relevant evidence:
- The BrokerSafari review identifies US entity and NFA evidence separately from group-wide disclosures.
- Scope:
- United States account context; does not establish eligibility or terms in other countries.
FOREX.com is a trading brand. This review independently matches the US legal entity GAIN Capital Group LLC, doing business as FOREX.com, with NFA BASIC ID 0339826 and the registration categories shown in the public record. It also reviews the provider’s US MT5 disclosures. Other group entities, country eligibility, and account-specific terms require separate checks.
- Evidence confidence:
- medium
- Evidence coverage:
- 71%
- Regulatory status:
- Verified regulator record located
- Relevant evidence:
- The BrokerSafari review distinguishes regulator records and pricing disclosures by OANDA legal entity.
- Scope:
- OANDA serves different markets through separate companies; confirm the US contracting entity.
OANDA is a global trading group with separate companies and permissions across multiple markets. The FCA register identifies OANDA Europe Limited (FRN 542574); OANDA’s own public disclosures list additional US, Singapore, Australian, Polish and other entities. Products, fees, payment methods and protections depend on the applicable company. BrokerSafari reviewed public documents only and did not test an account, live pricing or withdrawals.
Related research
Frequently asked questions
There is no universal winner in this evidence review. Compare the account entity, permitted products, current platform support and all-in costs for your own trading needs.
This page does not establish a lower-cost provider. Published prices use different account structures, and BrokerSafari did not collect synchronized live quotes or test execution.
FOREX.com’s US pages describe RAW pricing and a stated $7 commission per $100,000 traded. Confirm the current rate, commission basis and eligibility on the official pricing page.
Platform options differ by provider, country and account. Check each official regional platform page and confirm that the desired account supports the software and instruments.
Both are international brands, but local companies, products and terms vary. A US disclosure does not confirm service or regulatory coverage elsewhere.
No. This comparison uses public sources and does not claim an account, trading, deposit or withdrawal test.
Evidence Reviewed
Source records are shown for the claims and selection scope described on this page. A provider statement is not independent verification.