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OANDA

Established forex broker since 1996. 201-500 employees with global operations. Enterprise-grade tech stack with AWS, Kubernetes, extensive analytics.

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Reputation & Trust

1,162 reviews

Overview

Pricing Model
spread-based
PlatformsMetaTrader 4OANDA TradeTradingView
MarketsCryptoForex

Products & Services

Standard Trading Account

broker

Forex and crypto trading account with 68+ currency pairs, spread-based pricing, no minimum deposit.

Free tier available No minimum deposit required
  • 68+ forex pairs
  • Cryptocurrency trading
  • OANDA Trade platform
  • MetaTrader 4
  • TradingView integration
  • Mobile apps
  • 100+ technical indicators
Learn more

Elite Trader Program

broker

Premium program for high-volume traders with volume-based rebates $5-17 per million and dedicated relationship manager.

  • Volume-based rebates $5-17/million
  • TradingView discounts
  • VIP content access
  • Dedicated relationship manager
  • Market analyst insights
  • Premium tools
Learn more

OANDA API & Developer Portal

broker

REST API access for automated trading strategies and data integration with 30 years of historical exchange rate data.

Free tier available Included with trading account
  • REST API
  • Streaming prices
  • 30 years historical data
  • 38000 currency pairs
  • Automated trading
  • Custom integrations
Learn more

Company Information

Legal Name
OANDA Corporation
Headquarters
New York, USA
Team Size
500-1000
Primary Timezone
America/New_York

Founding

Founder
Michael Stumm and Richard Olsen
Background
Founded 1996, pioneers in forex data and trading technology

Broker Details

Regulation
NFA, CFTC
Commission
spread-based
NFA ID

Community Sentiment

100/100
4 positive 15 neutral 0 negative

Positive Community Feedback

A good all round forex broker is PFGBest who works really good with Ninjatrader but there are other good ones like Dukascopy who is really cheap and stable or maybe even Oanda. You can get a demo account for free over there. Make sure you pick an ECN broker, that means he will put your orders on the market instead of trading against you.
MetalTrade 17 thanks
My futures account is now setup. I’m with Ironbeam via Optimus Futures and am using CQG data. mattz, Jake, and Marilyn at Optimus have been very helpful and I’ve been extremely happy with the level of service that I’ve received. I’ve posted a review of them here. I spent Friday and the weekend getting my charts set up. All charts display the Mini contract but are setup to execute through the Micro. I’ll be spending a little bit of time in sim getting comfortable with my new setup....
MWG86 12 thanks
Im somewhat of fan of Dr. Elder and had gotten inspiration for this method from " triple screen trading system " from " Trading for a living" by Dr. Elder . The basic premise behind the method in the book is to sneak into the weekly trend with a trailing buy/sell stop on the daily according to what the oscillators have to say . I cant say Im in love with oscillators or any indicators but do have trust in MACD and have used it in place of MAs if I am in need of such a tool . My version is...
Eric j 12 thanks
Before I say a word, we need a demo account. I strongly recommend opening Oanda Fx Practice. Market index RBS uses the same platform as Oanda, you can go with that one too. You can use any of the demo accounts - I do not care, but the fxTrade platform let's you instantly see how much money you will lose or gain at certain stop loss sizes. It let's you move SL and TP right on chart (pretty good for a free platform). It's more user-friendly. If you don't know what TP and SL are, don't worry, I...
ReaM 8 thanks

Based on 19 community discussions on NexusFi.com. Sentiment is automatically analyzed from forum posts with high community engagement.

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All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
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