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Website URLhttps://www.oanda.com/
HeadquartersUnited States
Support Number1 416 593 9436
Support Typesemail , phone
Languages9 languages supported
Trading PlatformWeb platform | Oanda Desktop platform | Metatrader 4
Minimum 1st Deposit1$
Minimum Trade Amount0.01
BonusNo bonus
Free Demo Account Open Demo
Regulated Yes
RegulationRegulated By: CFTC, DFSA, IIROC, MAS, NFA and FSA
Fees Yes
Account TypesStandard
Deposit MethodsWire Transfer , Credit/Debit Card
Withdrawal MethodsWire Transfer , Credit/Debit Card
Number of Assets200+
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score

Brief description

Oanda is one of the first brokers from the online brokerage industry, being established back in 1996. It is a financial services and CFD broker + a market maker. It is also estimated that Oanda servers are processing around 20% of all the spot daily forex trades that are being done globally.

Back in 2001, Oanda launched the FxTrade platform, one of the first web trading platforms in history. Oanda also has the most accurate datebase of currency rates, due to its long track record and existence. The company had gone through ups and downs, but managed to adapt and it currently exists today as well.

In terms of the trading accounts, Oanda does not have a differentiated offer and it treats its customers the same. The company only has a standard account and no minimum deposit required.

To ensure that their clients’ funds are in a safety place, Oanda works with tier 1 banks like: Deutsche Bank, J.P. Morgan Chase and Royal Bank of Scotland.

Trading Platforms

The Web trading platform offers advanced charting that helps to analyze market trends using over 100 leading edge chart types, indicators, drawing tools and overlays. It can also help you keep track of fresh forex news from leasing news providers like: Dow Jones International, 4CAST and Oanda Marketpulse.


Clients trading with Oanda can benefit from the Metatrader 4 platform as well. They can have access to all features and sophisticated tools. For those of you who that want to get rid of the negative consequences of a slow internet connection, the metatrader 4 is a better choice than the web trading platform.

By using the mt4 you can also trade from your mobile phone or tablet, since Oanda had developed apps for both Android and iOS users.

Customer Service

Customer support is available 5 days a week and for the benefit of their clients, Oanda has offices in Singapore, USA, Japan, UK and Canada.

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