Forex CFDs

Forex trading

Awarded the Most Popular Broker and Best Forex and CFD Broker 2020 (TradingView Broker Awards).*

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.

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Standard and premium accounts

We offer two account types. Our standard and premium accounts offer a range of benefits, including institution-grade execution, 24-hour support and a host of platform features.

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2 pricing models

We offer two pricing models: spread-only and commission + core spreads. Commission + core spreads go as low as 0.2 pips^, helping you benefit from even the smallest FX price moves. Spread-only prices start from 0.6 pip.

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Accredited investors

Take advantage of higher leverage for certain FX pairs, starting from just 2%. Leverage and margin rates vary depending on asset class. See our margin rates for Accredited Investors page to know more.

Popular forex pairs

Margin reflective of 20:1 max leverage

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.

Hero Forex Pairs - 70+

Benefits of FX trading

Forex is traded on margin, meaning you can gain a potentially higher market exposure by putting down just a small percentage of the full value of your trade. With forex trading, you can speculate when forex prices are rising as well as falling, as compared to other currencies.

Pricing models

We offer two pricing models: spread-only and commission + core spreads. 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 on our trading platform. This mid-point fluctuates throughout the day as wholesale prices change.

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Execution

Forex prices can move quickly, especially during volatile market conditions. Our award-winning* trading platform is engineered for reliability and speed. Our trades are executed in 0.012 seconds**.

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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.

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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 PayNow, DBS Bill Pay, internet bank transfer, bank wire transfer, PayPal and cheques.

See how currency pairs correlate with one other

Our AI technology analyses global news sentiment to gauge the emotions of the financial community towards tradable instruments.

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Currency Pairs Correlation

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.

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*Awarded Highest Quality of Trade Execution two years in a row (Investment Trends Singapore FX Report 2019 & 2020); Best Platform Reliability (Investment Trends Singapore FX Report 2020) and Best Mobile/Tablet Platform/App, Email Customer Service and Algorithmic Trading (Investment Trends Singapore FX Report 2019). Also voted Most Popular Broker and Best Forex and CFD Broker 2020 (TradingView Broker Awards).

**Execution speed and numbers are based on the median round trip latency from receipt to response for all Market Order and Trade Close requests executed between January 1 and May 1, 2019 on the OANDA execution platform.

^OANDA does not requote orders that are executed at the valid market price when the request is received at our server. Spreads from 0.2 pips available on our commission + core spread pricing model.

CFD trading

Switch to our superior execution and competitive pricing on bonds, commodities, indices and metals CFDs.

Take a position with the OANDA Trade platform

OANDA Trade can be accessed from your web-browser, desktop, tablet and mobile device.

Tight CFD spreads on commodities

Access competitive spreads, with Brent Crude Oil from 3 points and XAUUSD from 25 cents.