Forex trading
We offer competitive currency CFD trading spreads and a range of powerful platforms:
*Please find our latest awards here.
Trading forex with OANDA
Enjoy a range of account benefits, access our independent market analysis webinars and trade using powerful platforms.
Standard and Elite Trader accounts
Our standard and Elite Trader accounts offer a range of benefits, including institution-grade execution, 24-hour support and a host of platform features.
Webinars
Take advantage of our independent market analysis webinars. Conducted weekly to help you hone your trading strategies, you can learn about charting, risk management and more.
MetaTrader 4
Trade forex CFDs using the MetaTrader 4 platform - the globally renowned trading platform. Our custom-built bridge combines OANDA’s pricing and execution with MT4’s charting and analysis.
What is FX trading?
Forex trading or currency trading is the buying or selling of one country’s currency in exchange for another.
Benefits of FX trading
Forex is traded on margin, meaning you can gain a potentially higher market exposure by putting down just a fraction of the full value of your trade. You can trade forex CFDs using leverage. Higher exposure leads to bigger ups and bigger downs. With currency trading, you can speculate when one currency is rising as well as falling as compared to other currencies.
Pricing
Our pricing engine aggregates live prices, in real time, from our liquidity providers and calculates a mid-point. A custom-built pricing algorithm automatically calculates the spread symmetrically around the mid-point for each tradable instrument. This mid-point fluctuates throughout the day as market prices change.
Execution
Forex prices can move quickly, especially during volatile market conditions. Our award-winning* trading platform is engineered for reliability and speed.
Costs of trading
Fairness and transparency are at the heart of everything we do. We are upfront about our charges and fees, so you always know exactly how much you are paying when you trade with us.
Deposits and withdrawals
It is simple and straightforward to deposit and withdraw funds to and from your OANDA trading account. Funds can be deposited using a number of methods, including credit and debit card, PayPal, online banking and bank wire transfer.
*Voted Most Popular Broker three years in a row (TradingView Awards 2022, 2021, 2020).
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Trusted by traders all over the world
With over 25 years of experience, the OANDA Group offers leading tools, powerful platforms and transparent pricing.
Join our Elite Trader program
Earn cash rebates from 5 CAD to 17 CAD per million with our Elite Trader program. Designed exclusively for our high volume traders, this is the program that gives you more, the more you trade.
Three ways to trade, plus TradingView and MetaTrader 4
Our range of platforms include OANDA Trade web, mobile and tablet, as well as TradingView and MetaTrader 4.
Take a CFD position on metals
We offer competitive spreads on a wide range of metals including gold and silver.