OANDA
Matched to regulator records
FCA
Other entities and evidence →What the sources show →Side-by-side regulation, licences, protection facts and source coverage.
What will you pay for?
GB · OANDA Europe Limited
EUR/USD from 0.6 pips; financing costs are separate.
Public documents for the named entity/account. Confirm residence acceptance when applying.
AU · Pepperstone Group Limited
Razor FX/gold: from USD3.50/lot/side. Standard FX: no separate commission.
Australian entity disclosures; check account/product applicability.
Costs table: Standard EUR/USD minimum 1 pip. The account overview’s 0.1 is not pair-specific. Holding costs are separate.
Costs and fees — account types / EURUSD table ↗ · 2026-09-29Which tools can you use?
GB · OANDA Europe Limited
OANDA web/app, MT4, MT5 and TradingView.
Public documents for the named entity/account. Confirm residence acceptance when applying.
AU · Pepperstone Group Limited
MT4, MT5, cTrader, TradingView and Pepperstone platform.
Australian entity disclosures; check account/product applicability.
Who is covered, and how?
GB · OANDA Europe Limited
UK retail clients have negative balance protection.
Public documents for the named entity/account. Confirm residence acceptance when applying.
Not extended to professional accounts or foreign entities.
Platforms FAQ — retail losses ↗ · 2026-09-29AU · Pepperstone Group Limited
January 2026 TMD: retail negative balance protection.
Australian entity disclosures; check account/product applicability.
Client qualification applies. Check Pro terms separately.
TMD v6 January 2026 — pages 2–3 ↗ · 2026-09-29Swipe horizontally to compare the same field.
| Costs | OANDAGB · OANDA Europe LimitedSources and caveats ↗ · 2026-09-29 | PepperstoneAU · Pepperstone Group LimitedSources and caveats ↗ · 2026-09-29 |
|---|---|---|
| Published minimum spread | FX0.6 pips EUR/USD | Standard1 pip EUR/USD |
| Trading commission | Figure not recorded | Razor · FX / goldUSD3.50 per lot / side Standard · FX0 |
| Holding charges | Additional; check instrument and holding period | Additional; check instrument and holding period |
| Currency conversion | Figure not recorded | Figure not recorded |
| Other charges | Figure not recorded | Figure not recorded |
Compare only matching accounts, instruments and currencies. Unrecorded does not mean free. Minimums are not observed averages.
OANDA Europe Limited: EUR/USD from 0.6 pips; financing costs are separate.
Our pricing — spreads / financing ↗ · 2026-09-29Pepperstone Group Limited: Razor FX/gold: from USD3.50/lot/side. Standard FX: no separate commission.
Costs table: Standard EUR/USD minimum 1 pip. The account overview’s 0.1 is not pair-specific. Holding costs are separate.
Costs and fees — account types / EURUSD table ↗ · 2026-09-29Where should you start?
This comparison lacks the verified information needed to identify a candidate.
Find candidates by residence →First read the legal company name in your account agreement. Open the matching entity below; if it is not listed, check the other entities on the detail page. No residence-to-entity assignment is inferred.
Other group entities are outside this table; see the company details. Licence counts describe evidence coverage, not safety or superiority.
Matched to regulator records
FCA
Other entities and evidence →What the sources show →Matched to regulator records
CySEC
Other entities and evidence →What the sources show →Candidates have recorded active status, regulator verification, a licence number, source and check date. These are dated records, not a safety or account-opening guarantee. Display order follows your selection.
Comparable verified regulatory evidence in this comparison scope
A stored legal entity is not catalog-applicable to this website.
A stored legal entity is not catalog-applicable to this website.
A summary of the research covered here. Unconfirmed does not mean there is no issue.
1 slot open
2 brokers in this comparison
Recorded evidence depth differs. Every broker here is compared in the same catalog-applicable scope, but the selected files do not record evidence to the same depth.
This comparison covers recorded entities. Country eligibility is confirmed separately in Finder.
2 not catalog-applicable
3 not catalog-applicable
File completeness / evidence coverage. Not a safety rating.
A legal entity is stored, but it is not catalog-applicable to this website.
A legal entity is stored, but it is not catalog-applicable to this website.
Stored website URL. Not an open-account destination.
Each licence stays attached to its legal entity.
1 entity
1 licence · 1 verified of 1 · FCA
OANDA Europe Limited
United Kingdom · 07110087
Catalog-applicable to this website
FCA · 542574
Matched to regulator records · Authorised since 17/05/2011 on FCA Register firm page. Do not confuse with cancelled Payment Services FRN 530877.
FCA register1 entity
1 licence · 1 verified of 1 · CySEC
Pepperstone EU Limited
Cyprus · 398429
Catalog-applicable to this website
CySEC · 388/20
Matched to regulator records · listed on CySEC CIF register
CySEC register1 of 1 confirmed
OANDA Europe Limited
United Kingdom
Confirmed
1 of 1 confirmed
Pepperstone EU Limited
Cyprus
Confirmed
1 of 1 confirmed
OANDA Europe Limited
United Kingdom
Confirmed
1 of 1 confirmed
Pepperstone EU Limited
Cyprus
Confirmed
1 of 1 confirmed
OANDA Europe Limited
United Kingdom
Confirmed
Financial Services Compensation Scheme (FSCS) · Up to GBP 85,000 per eligible person, per firm for investment claims against firms that fail after 1 April 2019
1 of 1 confirmed
Pepperstone EU Limited
Cyprus
Confirmed
CySEC Investor Compensation Fund (ICF) · Lower of 90% of the covered claim or EUR 20,000
| Compare brokers | 1 verified of 11 unresolved | 1 verified of 11 unresolved |
|---|---|---|
Evidence SnapshotCatalog-applicable coverage counts currently recorded for each file. | ||
| Recorded legal entitiesDifferent | 3 recorded | 4 recorded |
| Catalog-applicable entitiesDifferent | 1 displayed 2 not catalog-applicable | 1 displayed 3 not catalog-applicable |
| Recorded licencesSame recorded value | 1 recorded | 1 recorded |
| Verified catalog licencesSame recorded value | 1 of 1 recorded licences | 1 of 1 recorded licences |
| Unverified catalog licencesSame recorded value | 0 unverified | 0 unverified |
| Primary regulator sourcesSame recorded value | 1 source available | 1 source available |
| Protection recordsSame recorded value | Recorded for 1 of 1 entities | Recorded for 1 of 1 entities |
| Regulatory eventsSame recorded value | Not recorded in this file | Not recorded in this file |
| Evidence freshnessDifferent | Sep 19, 2026 | Sep 12, 2026 |
| Unresolved comparison issuesSame recorded value |
|
|
| Research confidenceDifferentFile completeness / evidence coverage. Not a safety rating. | Medium | High |
| Profile facts checkedDifferent | Aug 20, 2026 | Aug 20, 2026 |
| Data coverageDifferent | Basic profile A legal entity is stored, but it is not catalog-applicable to this website. | Regulation monitored A legal entity is stored, but it is not catalog-applicable to this website. |
| Evidence limitationsSame recorded value |
|
|
| Official websiteDifferentStored website URL. Not an open-account destination. | oanda.com | pepperstone.com |
Entities & RegulationLicences attach to legal entities, not marketing brands. | ||
| Legal entitiesDifferentEach licence stays attached to its legal entity. | 1 entity 1 licence · 1 verified of 1 · FCA View entity detail
| 1 entity 1 licence · 1 verified of 1 · CySEC View entity detail
|
| Stored regulatory eventsAbsence of a stored event is not a finding. | Not in this file yet | Not in this file yet |
Client ProtectionClient-money facts are stored by legal entity. | ||
| Negative balance protectionDifferent | 1 of 1 confirmed OANDA Europe Limited
| 1 of 1 confirmed Pepperstone EU Limited
|
| Segregated client fundsDifferent | 1 of 1 confirmed OANDA Europe Limited
| 1 of 1 confirmed Pepperstone EU Limited
|
| Investor compensationDifferent | 1 of 1 confirmed OANDA Europe Limited
| 1 of 1 confirmed Pepperstone EU Limited
|
Trading & PlatformsAdvertised account figures and recorded platforms on file. | ||
| Execution modelSame recorded valueNot recorded as a separate field in this file. | Not in this file yet | Not in this file yet |
| Advertised spreadSame recorded value | Not in this file yet | Not in this file yet |
| CommissionSame recorded value | Not in this file yet | Not in this file yet |
| LeverageSame recorded value | Not in this file yet | Not in this file yet |
| Minimum depositSame recorded value | Not in this file yet | Not in this file yet |
| Instrument coverageSame recorded value | Not in this file yet | Not in this file yet |
| PlatformsSame recorded value | Not in this file yet | Not in this file yet |
| Account typesSame recorded value | Not in this file yet | Not in this file yet |
| Base currenciesSame recorded value | Not in this file yet | Not in this file yet |
Catalog-applicable coverage counts currently recorded for each file.
Recorded legal entities
DifferentCatalog-applicable entities
DifferentRecorded licences
Same recorded valueVerified catalog licences
Same recorded valueUnverified catalog licences
Same recorded valuePrimary regulator sources
Same recorded valueProtection records
Same recorded valueRegulatory events
Same recorded valueEvidence freshness
DifferentUnresolved comparison issues
Same recorded valueResearch confidence
DifferentFile completeness / evidence coverage. Not a safety rating.
Profile facts checked
DifferentData coverage
DifferentA legal entity is stored, but it is not catalog-applicable to this website.
A legal entity is stored, but it is not catalog-applicable to this website.
Evidence limitations
Same recorded valueOfficial website
DifferentStored website URL. Not an open-account destination.
Licences attach to legal entities, not marketing brands.
Legal entities
DifferentEach licence stays attached to its legal entity.
1 entity
1 licence · 1 verified of 1 · FCA
OANDA Europe Limited
United Kingdom · 07110087
Catalog-applicable to this website
FCA · 542574
Matched to regulator records · Authorised since 17/05/2011 on FCA Register firm page. Do not confuse with cancelled Payment Services FRN 530877.
FCA register1 entity
1 licence · 1 verified of 1 · CySEC
Pepperstone EU Limited
Cyprus · 398429
Catalog-applicable to this website
CySEC · 388/20
Matched to regulator records · listed on CySEC CIF register
CySEC registerStored regulatory events
Absence of a stored event is not a finding.
Client-money facts are stored by legal entity.
Negative balance protection
Different1 of 1 confirmed
OANDA Europe Limited
United Kingdom
Confirmed
1 of 1 confirmed
Pepperstone EU Limited
Cyprus
Confirmed
Segregated client funds
Different1 of 1 confirmed
OANDA Europe Limited
United Kingdom
Confirmed
1 of 1 confirmed
Pepperstone EU Limited
Cyprus
Confirmed
Investor compensation
Different1 of 1 confirmed
OANDA Europe Limited
United Kingdom
Confirmed
Financial Services Compensation Scheme (FSCS) · Up to GBP 85,000 per eligible person, per firm for investment claims against firms that fail after 1 April 2019
1 of 1 confirmed
Pepperstone EU Limited
Cyprus
Confirmed
CySEC Investor Compensation Fund (ICF) · Lower of 90% of the covered claim or EUR 20,000
Advertised account figures and recorded platforms on file.
Execution model
Same recorded valueNot recorded as a separate field in this file.
Advertised spread
Same recorded valueCommission
Same recorded valueLeverage
Same recorded valueMinimum deposit
Same recorded valueInstrument coverage
Same recorded valuePlatforms
Same recorded valueAccount types
Same recorded valueBase currencies
Same recorded valueCheck the contracting entity and current terms on the official website before applying. A website link does not confirm account approval.
Category-level differences drawn from the evidence recorded in this comparison. A category is held by one broker or by none, and the page never adds them into an overall result.
More complete current research file
Pepperstone
Pepperstone's research file currently records the most evidence within this comparison scope.
More recently checked evidence
OANDA
OANDA carries the most recent evidence timestamp in this scope.
Thinner current research coverage
OANDA
OANDA's research file is smaller and records fewer sources at this time. A thinner file is a coverage limit, not a finding.
These are category-level recorded differences, not overall ratings.
For a more complete current research file
Pepperstone
This research file currently records the most evidence in the current scope.
See related evidenceFor more recently checked evidence
OANDA
This file currently carries the most recent evidence timestamp in the current scope.
See related evidenceFor monitoring a thinner research file
OANDA
This research file is currently smaller. A thinner file is a coverage limit, not a finding.
See related evidenceOur view is based on catalog-applicable evidence only.
Always review the full research files and official sources.
2 of 7 differ
Legal entities recorded
Same recorded valueVerified catalog licences
Same recorded valueLicence records with source links
Same recorded valueUnresolved comparison issues
Same recorded valueClient-protection evidence
Same recorded valueResearch confidence
DifferentLast verified (current scope)
DifferentSide-by-side recorded values only. This summary does not score, rank or determine an evidence advantage.
Rows where the recorded values are not identical carry a neutral marker. It shows that the files differ, not which value is preferable.
Research still outstanding
These cards list open comparison issues in the current research files. They are research still outstanding — not findings against a broker.
More open research issues does not mean a broker is less safe.
Unresolved comparison issuesIssue types found in the current research file. Each issue counts once, not once per licence. Unresolved is not the same as adverse. These are issue categories, not licence counts. Catalog-applicable licence counts are listed separately below.
Missing coverageRows marked Not in this file yet in the table above are missing coverage, which is a different gap from an unresolved comparison issue.
OANDA
1 unresolved comparison issue
Pepperstone
1 unresolved comparison issue
Jump to a chapter of the audit record below. Every section is rendered in full on this page.
Blue = verified record · Orange = unresolved / incomplete research · Gray = not in file / not monitored / not applicable · Colors indicate evidence status, not broker safety.
OANDA
1 legal entity in scope, 1 of 1 licence verified, and client-protection evidence on file.
Pepperstone
1 legal entity in scope, 1 of 1 licence verified, and client-protection evidence on file.