Products & services
Forex and CFD trading
Globally recognised broker with 23 years' experience in financial trading services.
Daily trading news from our team of award-winning currency analysts.
Choose between our fully customisable OANDA Trade web-based and desktop platforms or apps for mobiles and tablets. You can also speculate on the forex markets using MT4.
Awarded the World's Best Retail FX Platform (FX-Week e-FX Awards 2018), our OANDA Trade browser-based platform offers exceptional execution, advanced charting, trader analysis and more.
Manage your trading risks with our suite of risk management orders, such as stop-loss orders. Minimise risks when trading the financial markets.
Our advanced charting functionality (powered by TradingView) enables you to react to fast moving prices directly from your charts. Open and close trades from charts, add risk management orders and more.
Check out major currency movers using our currency strength heat map. We also offer up-to-date market news and insights from leading news providers such as Dow Jones International, 4CAST and OANDA News and Information.
Our improved desktop trading platform offers an intuitive interface and is easy to use and navigate, offering exceptional execution and no re-quotes**.
Access up-to-the-minute news and market analysis. We also offer an economic calendar to help you identify potential trading opportunities.
All trade requests are automatically processed, with no manual intervention. Any price slippage is as a result of market movement, with orders being filled at the prevailing price when your trade request is received at our server.
We offer a full suite of risk management orders, including stop-loss orders. Protect your trades against unexpected price swings, especially during volatile market periods.
Access our full range of instruments using our native apps for Android, iPhone and tablet devices. Our apps offer the same functionality as our browser-based platform, meaning you have more control of your trades even when you're on the move.
Access a suite of chart types, overlays, indicators and drawing tools. Draw trend lines, arcs and pivot points to visualise market movements.
You can set alerts and notifications about daily/weekly highs, significant price moves, AutoChartist technical analysis and market highlights and events.
OANDA Trade mobile - OS requirements. iOS: iOS 11, 12 (4.75 rating); Android: Android Jelly Bean and up.
No re-quotes**, with customisable layouts, a range of plug-ins, an intuitive interface and more.
Trade directly from charts with nine timeframes and multiple displays, including five candles per week on the Daily NY Close Charts. Over 50 built-in indicators, including the MT4 orderbook indicator.
Access our superior technical analysis package as a plug-in on your MT4 platform; execute trades directly from the interface: intraday market scanning, automated alerts for specified patterns, automatic chart pattern recognition and pattern quality indicators.
Already have a live trading account? It's easy to fund your account using one of the following payment methods.
Our hours of operation coincide with the global financial markets. In Australia, trading is available from approximately 8am Monday to 8am Saturday (AEST). Please note: these times are subject to change during daylight saving time and during certain public holidays.
Margin trading allows you to trade without depositing the full value of the trade that you wish to open. One of the benefits of margin trading is that you could potentially generate large profits relative to the amount invested. On the other hand, margin trading could also result in significant, rapid losses to your capital.
Below are the three most common reasons why your trade was not successful:
1) ‘Bid’ or ‘ask’ price did not reach your specified target
The most likely reason why your trade did not execute is because the applicable market price has not reached the price you specified. Depending on your chart settings, the chart you are viewing may not be showing the type of price applicable to your trade.
Many of the charts on our trading platform use the average price, meaning an average between the ‘bid’ and ‘ask’ prices, so they don’t take into consideration the spread. The spread is the difference between the actual buy and sell price of a financial product at any given time.
A long (buy) trade will open at the ‘ask’ and close at the ‘bid’ price. A short (sell) trade will open at the ‘bid’ and close at the ‘ask’ price. To verify the actual traded prices, you can add a ‘bid’ or ‘ask’ price overlay to the chart on our trading platform by clicking on ‘Add Study’ at the lower left of the chart and selecting the 'Price Overlay'. There you will be able to select either the high or low, ‘bid’ or ‘ask’ price overlay. This will show you the price that triggers a trade.
Note: the MT4 platform only shows the ‘bid’ price. To see the historical ‘low/high’, ‘ask/bid’, you will need to go to the OANDA trading platform and follow the steps mentioned above.
2) Insufficient funds
On your trade ticket (new order window), you can type in the size of the trade you wish to open so that you can see the margin needed to open that trade. If you are placing a market order, our platform will tell you right away if you do not have sufficient margin (available funds) to place the trade. If you are trying to place an entry order, our platform will not stop you from placing the order if you do not have the current margin (available funds) necessary but the order will fail to execute if you have not increased the available funds on your account when the pre-specified entry price is reached.
3) Take profit or stop loss was set too close to your order price
The third reason your order likely did not trigger is because your take profit or stop loss order was set too close to your order price. A valid take profit and stop loss order must be placed further away than the current spread on the financial instrument that you are trading. As the spread can increase during news events or when the market is volatile, we recommend your take profit and stop loss orders are set at a point further away than the maximum spread for the instrument that you are trading. Review our recent OANDA spreads to determine your take profit and stop loss order levels. Click on 'maximum', located towards the right hand side of the spread chart shown below, to review recent spreads on your nominated instrument.
Whenever you have questions about your trades and/ or orders, we are happy to assist. Below is information that will help you with this process.
Please submit all the relevant information about your trades and/ or orders, so that we can investigate and provide you with a detailed analysis. You can do this by clicking on and filling out the Trade enquiries form. Once it is downloaded and filled out, you can then email it back to us.
Please submit the form using the following format:
To ensure accurate and speedy processing, please provide as much information as possible about your trades or orders such as those listed below:
As trade inquiries vary in their complexity, so too does the time it takes to respond to these inquiries. However, you should receive a response in two to five business days.
*Awarded highest overall client satisfaction two years in a row (Investment Trends US FX Report 2017 and 2018)
**OANDA does not re-quote orders and only rejects orders for legitimate reasons.
Go long or short on over 70 forex pairs. We offer tight spreads on major and minor currency pairs.
Identify potential trading opportunities using the powerful analysis tools available on our platform.
We offer 2 clear pricing models at OANDA: spread-only and commission plus core spread.