OANDA forex broker review and detailed information

OANDA forex broker review and detailed information

How does OANDA compare with its competitors? Check out also our comprehensive and fully interactive comparison of forex brokers. If you do not know what the terms in the following tables mean, read the tutorial about forex brokers first.

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Basic information

Website Visit Oanda
Type MM
Regulated by NFA, CFTC
Country USA
Established in 1995
Live chat no

Trading terms

Commission (pips) 0.00
Fixed spread no
Variable spread yes
Spread on majors (pips) 0.9-3.0
Leverage 50:1
Minimum deposit (USD) 100
Minimum trade size (USD) 1

Available features

Number of currency pairs 46
Precious metals yes
Oil no
Hedging no
Trailing stop no
Free automated trading no
MetaTrader 4 no
Mobile trading yes

Forex account

Demo account yes
Interest on unused balance yes
Islamic swap-free accounts no
Accepts U.S. citizens yes
Payment by Bank wire yes
Payment by Credit card no
Payment by PayPal yes
Payment by check yes
Other payment options
Account in USD yes
Account in Euro yes
Account in GBP yes
Account in CHF yes
Account in JPY yes
Account in AUD yes
Account in CAD yes
Account in NZD no
Account in CZK no
Account in DKK no
Account in HKD no
Account in ILS no
Account in NOK no
Account in PLN no
Account in RMB no
Account in RUR no
Account in SEK no
Account in SGD no
Account in ZAR no

Languages

Arabic no
Chinese no
Czech no
Dutch no
English yes
French no
German no
Greek no
Hebrew no
Indonesian no
Italian no
Japanese no
Korean no
Malaysian no
Polish no
Portuguese no
Russian no
Spanish no
Turkish no

See also: OANDA expert review on the Forex Learning Blog.



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OANDA customer reviews

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