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Broker comparison · 6 min read

OANDA vs IG: regulation and evidence comparison

Compare cited OANDA Europe and IG Markets records and identify account, fee and regional facts that remain unverified.

Quick answer

No winner is selected. Current files cite FCA register matches for OANDA Europe Limited and IG Markets Limited. These entries are specific to those entities; they do not establish the company assigned to every customer or verify current trading conditions.

Published: Not recorded

Last reviewed: Not recorded

Author: FXBrokerAlert Research Team

Research methodology: How research and evidence are handled

Sources checked: 2026-10-23, 2026-10-29, 2026-10-30

Reading time: 6 minutes

Evidence snapshot

Evidence fieldOANDAIG
Official register matches
  • OANDA Europe LimitedFCA · reference 542574 · checked 2026-10-29Official source
  • IG Markets LimitedFCA · reference 195355 · checked 2026-10-29Official source
Provider disclosures
  • OANDA Europe Limited · reference 542574Provider disclosure; not regulator confirmation · checked 2026-10-30Provider source
  • IG Markets Ltd · reference 195355Provider disclosure; not regulator confirmation · checked 2026-10-23Provider source
External review reference7.6 / 10 · third-party reference3 source(s) · checked 2026-10-288.5 / 10 · third-party reference3 source(s) · checked 2026-10-28
FXBrokerAlert Evidence RatingNot issuedNot issued
Fees, leverage, deposit, platform and withdrawalsNot independently verifiedFees, Maximum leverage, Minimum deposit, Platforms, Withdrawal termsNot independently verifiedFees, Maximum leverage, Minimum deposit, Platforms, Withdrawal terms
FXBrokerAlert-submitted reviews0 submitted0 submitted

Entity records are limited to their cited source and jurisdiction. No winner, safety ranking or endorsement is implied.

This page compares recorded evidence for OANDA and IG, not their full product ranges or the likely result of trading. The cited records concern OANDA Europe Limited and IG Markets Limited. Each must be checked against the actual entity offered to the client.

Scope of the cited records

The FCA entries provide sources for the named entities and their recorded status and permissions. They do not prove that another group company has the same permissions or identify the contracting entity for every country and account type.

What a fair comparison would require

  1. The same country, client category and contract entity.
  2. The same instrument, trade size, holding period and account currency.
  3. Dated spread, commission, financing and other fee documents.
  4. Current deposit, withdrawal and platform terms.
  5. Permission scope and local restrictions.

Open evidence gaps

The files do not independently verify a common fee example, minimum deposit, leverage, platform access, payment availability or withdrawal timing for both entities. Those fields are unknown here, not evidence that either provider lacks a feature.

See the OANDA research file

See the IG research file

Research limitations

Only cited entity records are compared. This does not establish all group entities, client assignment, current fees or eligibility.

Frequently asked questions

Are OANDA and IG both authorised by the FCA?

These files cite FCA entries for OANDA Europe Limited and IG Markets Limited. Check current records and the entity in your agreement; this does not cover every affiliate.

Does this show which provider is cheaper?

No. Comparable current fees for the same entity, product, account and country have not been independently verified.

Does an entity match guarantee protection?

No. Protections depend on the entity, client status, product and applicable rules.

Not advice

This article is general education. Leveraged trading carries a high risk of loss.

Official sources & research notes

Official sources

  • Regulator register: OANDA: FCA official register / search · Regulator

    Checked 2026-10-29 · Scope: The current FCA register result identifies OANDA Europe Limited, FRN 542574, as authorised for specific activities and product types; permissions are activity- and product-specific.

  • Regulator register: IG: FCA official register / search · Regulator

    Checked 2026-10-29 · Scope: The FCA record lists IG Markets Limited, FRN 195355, as authorised for specific activities and product types; this capture is dated 29 October 2026 and was not refreshed on 30 October. The separate FCA warning published 19 October 2018 names ig.com as the genuine firm’s website; current register status and permissions were not freshly extracted in the final gap check.

  • Regulator register: IG: FCA warning — genuine IG firm details · Regulator

    Checked 2026-10-30 · Scope: Published 19 October 2018. The FCA notice identifies IG Markets Limited, FRN 195355, and http://www.ig.com/ as the genuine firm’s details. This supports the historical entity/domain link, not current permissions or client-specific routing.

Provider sources

  • Provider disclosure: OANDA: Official broker website · OANDA

    Checked date not recorded · Scope: Official website destination only. This website has not been independently reviewed as evidence in this file.

  • Provider disclosure: OANDA: Provider legal disclosure · OANDA

    Checked 2026-10-30 · Scope: The UK legal page fetched on 30 October 2026 identifies OANDA Europe Limited and states FCA reference 542574. This is provider disclosure, not a fresh FCA record match.

  • Provider disclosure: IG: Official broker website · IG

    Checked date not recorded · Scope: Official website destination only. This website has not been independently reviewed as evidence in this file.

  • Provider disclosure: IG: Provider legal disclosure · IG

    Checked 2026-10-23 · Scope: UK provider disclosure identifies IG Markets Ltd and gives FCA Register number 195355.

Last material update: Not recorded

Methodology: FXBrokerAlert research methodology. Publication dates are not inferred from unrelated profile checks.