Spread betting carries a high level of risk. Between 51-82% of retail investor accounts lose money. You should consider whether you can afford to take the risk of losing your money.
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OANDA

Most trustedEst. 1996 · FCA #542574

Forex pioneer since 1996 with Autochartist, API access, and TradingView. Below is our full breakdown of how OANDA scores across the six factors that matter most to UK spread bettors.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Figure published by OANDA Europe Ltd, verified 2026-07-26. Providers update this quarterly.

Affiliate link (#ad) — we may be paid a commission if you open an account. This does not affect OANDA’s score or ranking; see our methodology.

79/100
BTS Score · rank #9 of 15
BTS Score79/100
Founded1996
Min deposit£0
FTSE 100 spreadfrom 1 pt
RegulationFCA #542574
Tax statusTax-free (UK)
Scorecard

How OANDA scores

Each category rated 0–10, then weighted into the overall BTS score.

Spreads
8.0
Platform
8.3
AI Tools
7.6
Markets
6.0
Education
6.8
Regulation
9.6

Strengths

No minimum deposit — stakes from 1p per point
Three strong platforms (OANDA Trade, MT4, TradingView)
Autochartist pattern recognition included free
30 years of operation — established 1996
Regulated by 7 tier-1 authorities
REST API for custom algo trading

Trade-offs

Limited spread betting range (~100 instruments)
No individual share spread betting
£10/month inactivity fee after 12 months
Forex spreads wider than raw-spread competitors
Education resources less comprehensive than IG/CMC
Trading platforms
OANDA TradeMetaTrader 4TradingViewOANDA Mobile