B
CM Trading logo

CM Trading

6.3/10
OANDA logo

OANDA

8.2/10
8/10RegulationWinner9/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

CM Trading was founded in 2011 and is headquartered in Seychelles, while OANDA was established in 1996 and is based in United States, Canada. CM Trading holds licences including Financial Sector Conduct Authority (FSCA), while OANDA is regulated by Financial Conduct Authority (FCA) among others. CM Trading serves 10,000+ clients worldwide; OANDA has 10,000+. The minimum deposit is $250 at CM Trading and $1 at OANDA.

OANDA wins this category
FeatureCM TradingOANDA
Min. Deposit$250$1
RegulationFinancial Sector Conduct Authority (FSCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Founded20111996
CountrySeychellesUnited States, Canada
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between CM Trading and OANDA, directly affecting your bottom line as a trader. OANDA has a lower barrier to entry with a minimum deposit of $1 (vs $250 at CM Trading). Neither broker charges withdrawal fees. CM Trading applies inactivity fees on dormant accounts; OANDA does not. Overall, OANDA scores higher on fees in our assessment.

OANDA wins this category
FeatureCM TradingOANDA
Min. Deposit$250$1
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

CM Trading offers MT4, MT5, cTrader, while OANDA supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CM Trading supports social and copy trading features, which OANDA does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCM TradingOANDA
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mirror Trader, Sirix, Web Trader, Tablet & Mobile appsMT4, OANDA Desktop, OANDA Web, OANDA Mobile

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how CM Trading and OANDA compare. OANDA runs regular live webinars; CM Trading does not. Both provide video tutorials. OANDA publishes daily market commentary; CM Trading does not. Both integrate third-party research tools. OANDA maintains an archive of past webinars for on-demand viewing. OANDA scores higher overall in education and research.

OANDA wins this category
FeatureCM TradingOANDA
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CM Trading accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while OANDA supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCM TradingOANDA
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both CM Trading and OANDA offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureCM TradingOANDA
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese