At OANDA, we’re a different kind of broker. We were founded on the premise that forex and CFD trading should be accessible to all traders and based on fair and transparent business practices.
Our promise is to help you get the most out of trading and we back that dedication with an award-winning platform, exceptional execution, transparent pricing and access to free tools like market news, a demo account and trading education.
Spreads are only part of our equation – execution quality also factors into the cost of your trades. Our proprietary v20 trading engine is fully automated which means that once you decide to trade, you can do so confidently knowing there's no dealing desk intervention or algorithmic software designed to push trades to the broker's favor.
With no added commissions on your trades and no minimum deposit, you get a transparent pricing model and highly competitive spreads. Your cost to trade is the spread. Other account maintenance or financing fees may apply.
We are dedicated to meeting your CFD and FX trading needs. That's why we offer award-winning1, multi-lingual 24/6 support, market analysis from the OANDA | MarketPulse team; and access to free tools like a demo account, education and extensive research resources.
Contracts for Difference (CFDs) or Precious Metals are NOT available to residents of the United States.
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 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.
MT4 hedging capabilities are NOT available to residents of the United States.
Palladium is not available to residents of Canada.
1Investment Trends, 2015 UK Financial Spread Betting, CFD & FX Report and Investment Trends, 2015 US FX Report
Trading FX and/or CFDs on margin is high risk and not suitable for everyone. Losses can exceed investment.