We are dedicated to meeting your trading needs. That's why we offer award-winning, multi-lingual 24/6 support, market analysis from the OANDA | MarketPulse team; and access to free tools like a demo trading account, education and extensive research resources.Get the details
We're committed to maintaining an efficient trading environment that reduces latency and provides tools to help you manage the degree of acceptable slippage.Explore our trade execution
OANDA Advantage | We’re a different type of market maker
The tighter the spread, the better for you. But tight spreads are meaningful only when coupled with fast execution. It's the quality of execution that determines whether you actually receive the tight spreads being advertised.
OANDA fxTrade is a fully automated trading platform in which OANDA plays the role of market-maker. Our technology ensures your trades are executed efficiently and settled instantly.
We use sophisticated risk management technology to net client positions automatically and anonymously, and hedge the aggregate of these positions, second-by-second, with our partner banks.
A computer scientist and an economist founded OANDA, so smart systems design, macroeconomic perspective, and critical thinking are in our DNA. We're a company built to innovate forex trading through efficiency and common sense.
We developed OANDA fxTrade to give you the flexibility to tailor your trading to fit any strategy, at any time. Our platform supports trades of any size, from $1.00 to $10 million.
Second-by-second finance charges—no rollover swaps:
In the forex trading industry, standard practice for financing calculations is the rollover swap. By contrast, OANDA fxTrade calculates financing charges for all open trades—continuously, by the second, over the entire 24-hour day.
Receive (or pay) financing based on the length of time you hold open trades—not based on the time of day you hold them. Turn intraday trades into longer-term trades, without worrying about rollover swaps.
Know what you're being charged, with access to current rates. Finance charges are posted to your account every day.
At OANDA, our aim is to give you the information you need to make smarter trades. We work to eliminate hidden processes in pricing and execution, and we provide open forums where our traders can communicate freely with each other.
It's only fair to offer clients:
Clearly visible current spreads.
Easy access to an archive of past spreads published in plain view.
Current and past financing credits and charges.
Compliments and complaints posted on an open forum, for all to see.
A public snapshot of open orders and positions on major pairs to share information on market sentiment.
OANDA has been in the currency business since 1996. We are a market maker and a trusted source for currency data, with access to one of the world's largest historical, high frequency, filtered currency databases.
Our trading platform, OANDA fxTrade, was launched in 2001. It revolutionized online forex trading at a time when internet use was growing explosively. In our opinion, our technology has helped push trading costs down for everyone—ten years ago, the typical spread on EUR/USD was 5-8 pips whereas today it is typically 1-2 pips.
Financial regulations require OANDA to maintain capital reserves at specified levels. Our capital reserves far exceed these levels. We are also required to file financial reports with regulators in the jurisdictions where we do business; and retain an international professional accountant firm to audit our financial statements. We compile and submit our financial data to regulators on a regular basis.
How we manage counterparty risk:
OANDA keeps customer funds in accounts at top tier banks, and it is our policy to only withdraw customer funds as a direct result of their trading-related activities or withdrawal requests.
We partner with the world's leading banks to both access and provide global forex liquidity. To manage currency exposure and risk, we use sophisticated risk management technology including stress testing abd back testing to ensure that risk levels are managed effectively and efficiently.
Practice makes perfect:
Get the ultimate forex training tool—the full OANDA fxTrade platform, in demo mode. Experience the benefits of fxTrade in a practice environment. You get 100,000 units in virtual money in a demo account that never expires. Practice trading and test out strategies on a full-featured forex platform.
Stay on top of market events:
Read daily news from our team of economists and currency strategists. Enjoy free access to news feeds from Dow Jones, and 4Cast. Monitor our news aggregator of leading news sources for a global perspective.
Make better trading decisions. Hone your forex trading strategies with educational resources and analytical trading tools like our open OrderBook, which aggregates the real-time limit orders and positions of thousands of traders to create a market sentiment index.