CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

73.5% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Forex CFDs

Forex trading

Awarded the World's Best Retail FX Platform (FX-Week e-FX Awards 2018)

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

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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Spread bet

You can also take a spread betting position on our full range of forex pairs. Spread betting is a tax-free* alternative to conventional trading and is exempt from stamp duty and capital gains tax (CGT) in the UK.

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MetaTrader 4

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 reflective of 30:1 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 $3 trillion per day. The US dollar is the most widely traded currency in the world. We offer forex trading as a CFD.

Hero Forex Pairs

Benefits of FX trading

You can trade forex CFDs using leverage, meaning you can gain a potentially higher market exposure by putting down just a fraction of the full value of your trade. 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.

Pricing

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.

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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 credit and debit card, PayPal, online banking and bank wire transfer.

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.

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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*All profits made in spread betting are exempt from UK Capital Gains Tax and UK stamp duty. UK and Irish tax laws are subject to change and individual circumstances may vary.

**Awarded highest overall client satisfaction two years in a row (Investment Trends US FX Report 2017 and 2018)

^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.

CFD trading

We offer CFD prices on a range of financial instruments, including indices, forex pairs, commodities, metals and bonds.

4 ways to trade, plus MetaTrader 4

Access OANDA Trade from your web-browser or desktop, tablet or mobile device. We also offer MT4.

Take a CFD position on metals

Our spreads are competitive, starting from just 25 cents per troy ounce for gold.