Voted Most Popular Broker 2021 (TradingView Broker Awards 2021) Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards 2021).
We offer competitive CFD spreads on over 70 forex pairs, including all the majors and minors. Our range of platforms include the award-winning OANDA Trade platform, as well as MetaTrader 4 - the globally renowned trading platform.
Standard and premium accounts
Our standard and premium accounts offer a range of benefits, including institution-grade execution, 24-hour support and a host of platform features.
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.
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.
Popular forex pairs
Margin requirements for retail clients are governed by the Investment Industry Regulatory Organization of Canada (IIROC), who sets the minimum margin rates for different asset classes. Margin requirements vary given the base currency of your account.
What is FX trading?
Forex trading is the buying or selling of one country’s currency in exchange for another. Forex is one of the most liquid markets in the world, with a trading volume of $6 trillion per day. The US dollar is the most widely traded currency in the world. We offer forex trading as a CFD.
Benefits of FX CFD 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 forex trading, you can speculate when one currency is rising as well as falling as compared to other currencies.
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.
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. Learn about our costs for depositing and withdrawing funds, bank wire transfer, spreads, inactivity fees and more.
Funding 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.
Ready to start trading? Open an account in minutes
Already have a live trading account? It's easy to fund your account using one of the following payment methods.
Best Trading Tools winner (Online Personal Wealth Awards 2021). Awarded highest overall client satisfaction (Investment Trends 2021 US Leverage Trading Report, Margin Forex). Awarded highest client satisfaction for mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex). Voted Most Popular Broker 2021 (TradingView Broker Awards 2021). Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards 2021).
Receive CA$340 or CA$13,600. Just open an account with us, deposit CA$340 or CA$13,600 and trade. Conditions apply.
3 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
Our spreads are competitive, starting from just 25 points per troy ounce for gold.