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.
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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