OANDA
Trusted forex and CFD broker since 1996 with award-winning research and tools.
Min Deposit
$0
Spreads From
0.6 pips
Max Leverage
1:50
Start Trading with OANDA
Join thousands of traders who trust OANDA
⚠️ Risk Warning: Trading involves risk of loss. Your capital is at risk.
Rating Breakdown
Overall Rating
Broker Information
- Year Founded
- 1996
- Headquarters
- New York, USA / Toronto, Canada
- Official Website
- Visit OANDA→
- Regulation
- CFTC, NFA, FCA, ASIC, IIROC
Pros & Cons
Pros
- Nearly 30 years of experience (founded 1996)
- Regulated by CFTC and NFA (US clients accepted)
- No minimum deposit required
- Fractional pip pricing for precision
- Award-winning research and analysis tools
- Proprietary platform plus MT4 support
- Extensive historical forex data available
- Powerful API for algorithmic trading
- Excellent educational resources
- 24/5 customer support in multiple languages
Cons
- Spreads higher than ECN brokers
- No MT5 or cTrader support
- Inactivity fee after 12 months
- Limited leverage for US clients (1:50)
- No crypto trading
- Platform less advanced than MT5
About OANDA
Features & Offerings
Demo Account
Free demo account available
MetaTrader 4
MT4 support (MT5 not available)
MetaTrader 5
Full MT5 platform support
Mobile Trading
iOS and Android trading apps
Web Trading
Advanced web-based platform
Proprietary Platform
OANDA Trade platform with advanced tools
Automated Trading (EA)
Full EA and algo trading support
API Access
Powerful REST and streaming APIs
Forex Trading
68+ currency pairs
API Trading
REST and Streaming API for algo trading
Copy Trading
Not available
US Clients Accepted
CFTC/NFA regulated for US clients
Educational Resources
Comprehensive education center
Social Trading
Not available
Automated Trading
Expert Advisors supported on MT4/MT5
Historical Data
Extensive historical forex data
Forex
70+ currency pairs
Indices
Major global indices via CFDs
Commodities
Gold, silver, oil, and more
Bonds
Government bond CFDs
Stocks
Not available
Cryptocurrencies
Bitcoin and major crypto CFDs
Advanced Charting
TradingView charts integrated
Technical Analysis
50+ technical indicators
Economic Calendar
Real-time economic events calendar
Market Analysis
Daily market insights and research
Risk Management Tools
Stop loss, take profit, trailing stops
Negative Balance Protection
Account cannot go below zero
Flexible Position Sizing
Trade from 1 unit (micro lots)
Premium Research
Autochartist and MarketPulse insights
Visit OANDA
Start trading today
⚠️ Your capital is at risk
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Disclaimer: Trading forex and CFDs involves significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources, and other relevant circumstances.
Quick Facts
- Founded
- 1996
- Headquarters
- New York, USA / Toronto, Canada
- Min Deposit
- $0
- Max Leverage
- 1:50
- Spreads From
- 0.6 pips
Regulation
Ready to Start?
Open an account with OANDA today
⚠️ Your capital is at risk
Start Trading with OANDA
Join thousands of traders who trust OANDA
⚠️ Risk Warning: Trading involves risk of loss. Your capital is at risk.