Products & services
Forex CFDs
Forex trading
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
We offer two account types. Our standard and premium accounts offer a range of benefits, including fast execution, 24-hour support and a host of platform features.
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.
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*
*Margin and maximum leverage for retail clients are governed by the Monetary Authority of Singapore (MAS) who set the margin rates and leverage parameters for different asset classes.
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.
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.
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. 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 PayNow, DBS Bill Pay, internet bank transfer, bank wire transfer, PayPal and cheques.
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.
*Awarded highest overall client satisfaction (Investment Trends 2021 Singapore Leverage Trading Report, Industry Analysis). Awarded highest client satisfaction for telephone customer service (Investment Trends 2021 Singapore Leverage Trading Report, Industry Analysis). Awarded highest client satisfaction for online chat customer service (Investment Trends 2021 Singapore Leverage Trading Report, Industry Analysis). Awarded highest client satisfaction for email customer service (Investment Trends 2021 Singapore Leverage Trading Report, Industry Analysis). Voted Most Popular Broker 2021 (TradingView Broker Awards 2021)Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards 2021). Best Trading Tools winner (Online Personal Wealth Awards 2021).
**Spreads from 0.2 pips available on our commission + core spread pricing model.
CFD trading
Access competitive pricing on indices, forex, cryptocurrencies, commodities and metals CFDs.
Take a position with the OANDA Trade platform
OANDA Trade can be accessed from your web-browser, tablet and mobile device.
Tight CFD spreads on commodities
Access competitive spreads, with Brent Crude Oil from 3 points and XAUUSD from 25 cents.