OANDA logo

OANDA

by OANDA · Since 1996
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorOANDA
Year launched1996
StatusActive
Location17 State Street, Suite 300, New York, NY 10004-1501
Countries servedGlobal
Languages8
Integrations
Free tier
Free trial
Contact salesYES

About OANDA

OANDA is a trading platform from OANDA that provides a comprehensive environment for forex trading. It combines an automated forex trading platform, mobile and tablet applications, and the Elite Trader program to help users access more trading opportunities. OANDA’s Elite Trader program offers lower trading costs, while the OANDA Hub allows users to create and manage their trading accounts effectively. Additionally, clients can track orders and live positions through the OANDA Order Book and trade directly on popular platforms like MetaTrader 4 and TradingView. Key capabilities: automated trading platform mobile apps trading cost reduction account management tools order tracking Best for: forex traders that need an efficient trading solution.

OANDA is a well-established platform in the currency exchange and trading software industry, offering a suite of tools designed to support both individual and institutional traders. Primarily focused on forex and CFD trading, OANDA provides users with real-time currency exchange capabilities, powerful analytical tools, and access to global financial markets. Its key features include multi-asset trading, advanced charting tools, automated trading strategies, and robust risk management solutions. Built for smart traders and professionals alike, OANDA offers an ecosystem that supports a wide range of trading strategies, making it suitable for retail investors, crypto traders, algorithmic traders, and institutional clients. The user interface of OANDA is clean, modern, and designed for functionality. Whether accessed via desktop or mobile, the platform maintains a consistent layout that is intuitive and easy to navigate. The trading dashboard provides a real-time view of the market, with easily customizable charts and widgets that users can arrange based on their trading needs.

Pros & Cons

What users like
  • +Competitive Spreads and Margins: They advertise margin rates starting at 2% on EUR/USD and 3% on AUD/USD.
  • +TradingView Integration: Access to TradingView's powerful charting tools is a significant advantage for many traders.
  • +Elite Trader Program: Offers potential benefits like rebates, discounts, VIP content, and a dedicated manager for qualifying traders.
  • +Partnership with New York Red Bulls: This could indicate a commitment to brand visibility and the US market.
  • +Educational Resources: They offer a "Learn" section and a blog, which can be helpful for traders of different experience levels.
What users flag
  • Crypto Trading via Paxos: Cryptocurrency trading is not directly with OANDA but through Paxos, meaning your digital assets are held with Paxos and not SIPC insured. OANDA explicitly states they are not party to these transactions and do not custody the assets.
  • High Risk of Margin Trading: Like all leveraged trading, forex and CFD trading on margin carries a high risk of losing more than your initial investment.
  • Limited Product Range Beyond Forex and Crypto: The focus seems to be primarily on forex and cryptocurrencies, so traders looking for a wider range of assets (like stocks or commodities directly) might need to look elsewhere.
  • Welcome Bonus Terms: The welcome bonus has specific terms and conditions regarding trading volume and time limits.
  • Elite Trader Program Criteria: The benefits of the Elite Trader program are only available to those who meet specific, undisclosed criteria.

Features

Key features

Forex and Crypto Trading
Offers trading in over 68 currency pairs and 8 popular cryptocurrencies (via Paxos).
Powerful Platform Tools Powered by TradingView
Provides access to over 100 technical indicators and advanced charting with intervals from 5 seconds.
Automated Trading via APIs
Enables users to automate their trading strategies.
Competitive Spreads and Margins
Offers margin rates starting from 2% on EUR/USD and 3% on AUD/USD.
Multiple Trading Platforms
Supports OANDA Trade (web, mobile, tablet), TradingView, and MetaTrader 4 (MT4).
Welcome Bonus
Offers a bonus for new account holders based on trading volume, with an extra TradingView subscription for crypto traders (terms apply).
Elite Trader Program
Provides personalized access to premium tools, expert insights, volume-based rebates, and a dedicated relationship manager (criteria apply).
Partnership with New York Red Bulls
Official jersey sleeve patch partner, indicating brand visibility and potential marketing benefits.
Educational Resources
Offers help, learning materials, a blog, and webinars/events.
Regulatory Compliance
OANDA Corporation is a member of the NFA and regulated by them.

Additional features

Help
Link to customer support.
Account support
Assistance with account-related issues.
New York Red Bulls
Highlights their partnership.
Oanda
Company name.
Trading
Core service offered.
Platforms
Overview of their trading platforms.
Tools & Resources
Educational and analytical materials.
Account types
Different account options available.
Offers
Promotions and bonuses.
Log in
Access for existing users.
Start Trading
Call to action for new users.
Earn a welcome bonus
Promotion for new clients.
Opt in now
Action required to claim the bonus.
Trading FX on margin is high risk
Risk warning.
OANDA CORPORATION IS A MEMBER OF NFA...
Regulatory disclosure regarding NFA oversight and virtual currencies.
Trading in digital assets...
Specific risk warning for cryptocurrency trading.
Our latest wins
Section showcasing awards.
Trade with confidence when you trade with OANDA, an award-winning global broker.
Marketing statement.
Check out the full list of our awards here
Link to their awards page.
Everything you need to trade smarter
Marketing tagline.
The world’s most popular forex pairs and cryptocurrencies
Range of tradable assets.
Powerful platform tools
Highlights platform capabilities.
Margin rates from just 2% on EUR/USD
Competitive margin offering.
See our markets
Link to view available trading instruments.
Over 100 popular technical indicators
Variety of analytical tools.
Analyze price trends
Charting capabilities.
Chart time intervals starting from 5 seconds
Granular timeframes for analysis.
Automate your trading strategies using our APIs
Programmable trading.
See all trading tools
Link to view their platform features.
Competitive spreads and margins
Pricing advantage.
Our margin rates start from just 3% on AUD/USD
Another example of margin rates.
See our spreads and margins
Link to pricing details.
Unlock more opportunities with our Elite Trader program
Premium client offering.
Get personalized access to premium trading tools, expert market analyst insights and more
Benefits of the Elite program.
Volume-based rebates
Potential cost savings for high-volume traders.
Exclusive discounts on third-party platforms, such as TradingView
Additional benefits for Elite clients.
VIP content and events
Exclusive resources and opportunities.
A dedicated relationship manager
Personalized support for Elite clients.
See if you qualify
Link to Elite Trader program requirements.
Subjected to meeting the criteria set out in the account package offering
Condition for the Elite program.
Fully automated forex and crypto trading platforms, mobile and tablet apps
Platform accessibility.
The OANDA Trade platform can be accessed from your browser, mobile and tablet
Multi-device access.
You can also take a position via TradingView and MT4
Integration with popular third-party platforms.
See trading
Link to platform information.
We are the official jersey sleeve patch partner of the New York Red Bulls...
Sponsorship details.
arrow_upward
Back to top link.
Footer
Navigation links at the bottom of the page.
United States
Indicates the regional website.
Trading (Instruments, Hours of operation, Holiday trading hours, Products)
Footer section for trading information.
Forex
Currency trading.
Cryptocurrencies
Digital asset trading.
Platforms (OANDA Mobile, OANDA Web, TradingView, MetaTrader 4)
Footer section listing platforms.
Resources (Help, Learn, Trade Tap blog, Webinars & events)
Footer section for educational content.
About (OANDA Group, Awards, Become a partner, Careers)
Footer section for company information.
Legal documents, Security practices, Cookies Settings
Footer section for legal and policy information.
Get started with the OANDA app (Download links for App Store and Google Play)
Mobile app availability.
© 1996 - 2025 OANDA Corporation. All rights reserved.
Copyright information.
OANDA's "fx" family of trademarks are owned by OANDA Corporation.
Trademark information.
All other trademarks appearing on this website are the property of their respective owners.
Acknowledgment of third-party trademarks.
Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone.
Detailed risk warning.
We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances.
Recommendation for careful consideration.
You may lose more than you invest.
Emphasis on potential losses.
Information on this website is general in nature.
Disclaimer about the nature of the content.
We recommend that you seek independent financial advice...
Recommendation for professional guidance.
Trading through an online platform carries additional risks.
Acknowledgment of online trading risks.
Refer to our legal section.
Link to legal documents.
OANDA Corporation does not act in the capacity of your financial advisor or fiduciary...
Disclaimer about their role.
You are solely responsible for determining whether a particular transaction is suitable for you...
Emphasis on user responsibility.
You should not regard any transaction proposal... as investment recommendations or advice.
Clarification on the nature of their communication.
OANDA Corporation forex customers can receive reports on trade execution.
Transparency in trade execution.
On request, OANDA will generate a Trade Execution Report...
Details about the report.
OANDA Corporation forex accounts are not protected by the Securities Investor Protection Corporation (SICP)...
Information about account protection.
The CFTC has issued a customer advisory to inform the public of possible risks associated with investing or speculating in virtual currencies.
Reference to regulatory warnings.
Before investing, please review the "CFTC Customer Advisory
Understand the Risks of Virtual Currency Trading.": Recommendation to read the advisory.
OANDA Corporation is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission...
Regulatory status.
and is a member of the National Futures Association.
Membership in a regulatory body.
No
0325821.: NFA member number.
OANDA Corporation has its office at 17 State Street, Suite 300, New York, NY 10004-1501.
Company address.
More Information is available using the NFA Basic resource.
Link to further regulatory information.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
8
Interface languages
24
Billing currencies

Interface languages

EnglishFrenchGermanSpanishItalianRussianChineseJapanese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇨🇭CHF🇯🇵JPY🇨🇳CNY🇸🇬SGD🇭🇰HKD🇮🇳INR🇲🇽MXN🇧🇷BRL🇸🇪SEK🇩🇰DKK🇳🇴NOK🇹🇷TRY🇿🇦ZAR🇷🇺RUB🇵🇱PLN🇨🇿CZK🇭🇺HUF🇳🇿NZD🇸🇬SGD

No reviews yet

Be the first to drop a review

Alternatives to OANDA

Xone trading logo

Xone trading

Xone Trading is a trading software platform from Xone Solutions that supports financial trading activities.…

Xe Currency Data API logo

Xe Currency Data API

Xe Currency Data API is a currency exchange rate software from Xe that provides real-time,…

Ws4xSys logo

Ws4xSys

Ws4xSys is a web security software from WallSoft that aims to protect users from accessing…

Whitelabel Crypto Exchange logo

Whitelabel Crypto Exchange

Whitelabel Crypto Exchange is a trading platform software from Coinsclone that provides a ready-to-deploy solution…

W

White Label Digital Asset Exchange Software

AlphaPoint White Label Digital Asset Exchange Software is a platform from AlphaPoint designed for enterprise…

Union.fx logo

Union.fx

Union.fx is a digital financial services platform from Union Financial Technologies that supports various banking…

Often compared with OANDA

Compare any two tools →
Xone trading logo
Xone trading
Currency Exchange
0.0
Xe Currency Data API logo
Xe Currency Data API
Currency Exchange
0.0
Ws4xSys logo
Ws4xSys
Currency Exchange
0.0
Whitelabel Crypto Exchange logo
Whitelabel Crypto Exchange
Currency Exchange
0.0