OANDA Broker Review: The Gold Standard of Trading
🌎 OANDA is the "Gold Standard" of forex trading, operating since 1996. Regulated by FCA, NFA, ASIC, and CIRO, it is one of the safest brokers in the world. Known for its TradingView Integration, no minimum deposit ($0), and transparent Core Pricing (0.0 pips + commission).
Min Deposit
$0
Withdrawal Fee
$0
Deposit Fee
$0
Countries
Broker Overview
🏆 Why OANDA is a World Leader?
With nearly 30 years of history, OANDA pioneered internet-based currency trading. It is the broker of choice for traders who value data accuracy, platform stability, and regulatory safety above all else.
📊 Charting Excellence (TradingView)
OANDA has one of the best integrations with TradingView in the industry. You can trade directly from the TradingView charts using your OANDA account, accessing advanced tools and community indicators.
⚖️ Transparent Pricing
OANDA uses an automated execution engine (V20) that aggregates prices from multiple liquidity providers. They publish their historical spreads openly, ensuring you know exactly what you are paying.
🛡️ Unmatched Regulation
OANDA holds licenses in almost every major financial jurisdiction:
✅ USA & Canada - One of the few brokers accepting North American clients.
✅ UK & Europe - FCA and KNF regulated.
✅ Global - FSC (BVI) for international clients.
Pros & Cons
Pros
- Trusted Since 1996
- Tier-1 Regulation (US, UK, CA, AU)
- No Minimum Deposit ($0)
- TradingView Direct Integration
- Core Pricing (0.0 Pips + Comm)
- Proprietary V20 Execution Engine
- Transparent Historical Data
- Supports MT4 and MT5
- Excellent Mobile App
- Currency Converter Tool
- Welcome Bonus (Global Entity)
- Crypto Trading (via Paxos in US / CFDs Global)
- Elite Trader Program (Rebates)
- API Access for Developers
Cons
- Max Leverage limited to 1:200 (Global)
- Verification process is strict
- Core Pricing requires minimum balance in some regions
- Withdrawals can be slow (1-3 days)
- No Cent Accounts
General Information
Max Leverage
Spreads From
Execution Models
Deposit Currencies
Support Languages
Auto Trading
Contact Information
Account Types Overview
Simple, Transparent Accounts
OANDA simplifies trading with two primary pricing models:
🟢 Standard Account (Spread Only)
Best for: Beginners & Swing Traders.
Structure: All costs are in the spread. $0 Commission.
Spreads: From 1.0 pips (EURUSD).
🔴 Core Pricing (Commission)
Best for: Active Traders & Scalpers.
Structure: Raw Spreads (from 0.0 pips) + Fixed Commission ($6/round).
Benefit: Tighter spreads and lower overall cost for high volume.
🔵 Swap-Free (Islamic)
Best for: Sharia Compliance.
Structure: No overnight interest. Admin fees apply after 5 days.
Account Types
Demo account - OANDA
Scalping
Features
Deposit Currencies
Trading Instruments
Forex
Number of currency pairs: 16
Cryptocurrencies
Characteristics
Stop Out
50%
Margin Call
50%
Min Position
1 unit
Max Position
10 millions units
Execution
instant
Spread Type
Floating
Decimals
4
Locked Margin
2%
Payment Methods
Deposit Methods
Withdrawal Methods
Regulation Information
OANDA Global Regulation
OANDA Group is a regulatory fortress:
US: OANDA Corporation (CFTC/NFA ID 0325821).
UK: OANDA Europe Ltd (FCA No. 542574).
Canada: OANDA (Canada) Corp ULC (CIRO Regulated).
Australia: OANDA Australia Pty Ltd (ASIC AFSL 412981).
Global: OANDA Global Markets Ltd (BVI FSC SIBA/L/20/1135).
Commission & Fees
Fees & Spreads
OANDA offers flexible pricing:
Standard: Spreads start from 1.0 pips. No Commission.
Core Pricing: Spreads from 0.0 pips. Commission $3.00 per side ($6.00 round turn).
Deposit/Withdrawal: Generally free (Bank wires may have fees).
Inactivity: Fee applies after 12 months of no activity.
Trading Platforms
Frequently Asked Questions
What is the minimum deposit for OANDA?
There is no minimum deposit ($0) required to open an account. However, you need sufficient funds to open a trade (margin).
Does OANDA offer a bonus?
Yes, OANDA Global Markets (BVI) currently offers a Welcome Bonus (up to $25,000 based on deposit tiers) for new clients in 2026.
What is the maximum leverage?
On the Global entity (BVI), the maximum leverage is 200:1. In regulated regions like US/UK/EU, it is capped at 50:1 or 30:1.
Can I use TradingView with OANDA?
Yes, OANDA has a direct integration. You can connect your OANDA account to TradingView and trade directly from the charts.
Start Trading
Important Notice
Leveraged trading is high risk. OANDA Global Markets does not accept clients from sanctioned countries.
Quick Facts
- Trading Platforms
- OANDA Trade(Web/Mobile)MetaTrader 4MetaTrader 5+1
- Execution Model
- Market Maker (V20 Engine)
- Deposit Currency
- USDEURGBPCAD+5
- Support Languages
- EnglishSpanishGerman+7
