Set up an OANDA Account for MT4 trading

Open and Fund Your Account

Open and deposit funds into your OANDA trading account. Open a live account

Create Your MT4 Sub-Account

Create an MT4 sub-account and transfer funds into it via the Funds Management System. Set up MT4

Download MT4 and Start Trading

Deposit funds into your new MT4 sub-account, log in to MT4 using your new account credentials, and start trading. Download MT4


1.11 82 4
1.11 83 9


1.44 18 9
1.44 20 8


129. 15 0
129. 17 0


1194. 45 6
1194. 74 4


15.31 31 3
15.33 81 3

World class features and execution

Trading MT4 with OANDA gives you everything you like about MT4, plus all the benefits of OANDA's award-winning platform.

Highly Competitive Spreads and No Commissions

You can trade over 100 forex pairs, CFD’s and precious metals with spreads as low as 1.2 pips on EUR/USD. No roll over swaps, re-quotes or rejections.

OANDA Technical Analysis with MT4

Scan the market for trading opportunities, by accessing over 50 built in indicators from OANDA, MT4 and Autochartist.

Automate your trading strategies

Build your own trading algorithms and backtest your trading strategies. View long and short positions on the same pair with OANDA's MT4 Hedging Compatibility Account*.

*MT4 hedging capabilities are not available to residents of the United States.

Mobile Trading

Download free OANDA MT4 apps for iPhone, iPad, and Android devices.

The OANDA Advantage on MT4

Transparent Pricing Model Fast, Reliable Execution Expert Advisors Test Strategies Advanced Charting
Spreads as low as 1.2 pips and no commissions Access OANDA’s reliable execution engine over a custom-built bridge to MetaTrader 4 Use Expert Advisors to setup automated trading on OANDA’s award-winning platform Set up different strategies in their own sub-accounts for targeted analysis Trade directly from charts with nine time frames and multiple displays, including five daily candles per week on the GMT+2 server

Frequently Asked Questions

What is MetaTrader?

MetaTrader 4 (MT4) is a Windows-based electronic trading platform with automated trading capabilities. OANDA clients require an fxTrade account with an MT4 sub-account in order to access a licensed version of the MT4 platform that is hooked up with OANDA’s execution and spreads.

How do I sign into MT4?

In order to sign into OANDA MT4, you need to enter the account number and password associated with your MT4 sub-account and then select the server you would like to access.

If you need to find the account number for your MT4 sub-account, sign into the Funds Management System. An account number will be displayed in the same row as each of your sub-accounts. You can identify which sub-accounts are compatible with MT4 by looking for a small MT4 icon beside the name.

Which MT4 server should I select?

As a live fxTrade account holder, you have the option of signing into servers aligned to either midnight GMT+2 or midnight GMT-5. The GMT+2 Live server is aligned to the New York Close and supports five daily candles per week. The GMT-5 Live server is aligned to midnight Eastern time (USA), which results in 6 daily candles per week.

fxTrade Practice clients have only one option available and should select the GMT-5 Practice server.

Please be aware that if you are not a Japanese client you should not sign into the Japan Live or Japan Practice servers. They do not support clients from other regions.

How do I fund an OANDA MT4 account?

To fund your MT4 account you must first ensure that your fxTrade account is funded. When depositing funds, OANDA supports any amount above $1. However, the smallest MT4 trading size is a micro lot (1,000 units), so with 50:1 leverage, the minimum amount to make this trade would be 20 units (or more for lower leverage).

Once you have funded your fxTrade account, sign in to the Funds Management System, and transfer funds into your MT4 sub-account(s).

What is an Expert Advisor?

Expert Advisors (EAs) are programs that have been developed in MetaQuotes Language 4 (MQL 4) and are used to automate analytical and trading processes. These programs perform prompt technical analysis of price data, and manage trading activities on the basis of pre-programmed trading strategies. The entire routine work of technical analysis and trading can be programmed into an EA. However, please be aware that the OANDA MetaTrader 4 platform must be running on your computer, and it must be connected to OANDA’s servers, in order to run a EA.

Important Note: EAs are automated trading tools developed by third parties. OANDA cannot provide support for an externally developed EA and assumes no liability for loss attributable to the use of EAs on the MetaTrader 4 software.

Read More FAQs


Expert Advisors (EA) are automated trading tools developed by third parties. OANDA assumes no liability for loss attributable to the use of EAs on the MetaTrader 4 software.

OANDA Technical Analysis, including Autochartist services and content, is provided for informational purposes only, and does not take into account any individual's personal circumstances, investment objectives, or risk tolerance.

MT4 hedging capabilities are not available to residents of the United States.

Contracts for Difference (CFDs) are not available to residents of the United States.

* OANDA's v20 platform (available to clients of OANDA Australia Pty Ltd) has no maximum trade size

* Only applicable to clients of OANDA Corporation

The Commodity Futures Trading Commission (CFTC) limits leverage available to retail forex traders in the United States to 50:1 on major currency pairs and 20:1 for all others. OANDA Asia Pacific offers maximum leverage of 50:1 to on FX products and limits to leverage offered on CFDs apply. Maximum leverage for OANDA Canada clients is determined by IIROC and is subject to change. For more information refer to our regulatory and financial compliance section.

Trading FX and/or CFDs on margin are high risk and not suitable for everyone. Losses can exceed investment.