CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
76.6% 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 CFD trading

Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards 2021)

Trade EUR/USD and EUR/GBP from 0.6 pips and GBP/USD from 0.9 pips, with market depth available on all our forex pairs. Our range of platforms include the award-winning OANDA Trade platform and MetaTrader 4.

Pricing Icon

Standard trading account

24-hour support when the markets are open, fully automated execution, choice of trading platforms and more.

Spread Betting Icon

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.

Regulated Icon

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

*The maximum leverage for each asset class that OANDA (Europe) Limited can offer its retail clients is governed by the requirements of the Financial Conduct Authority (FCA) and European Securities and Markets Authority (ESMA). These restrictions do not apply to clients who are categorised as Professional, where OANDA (Europe) Limited determines the leverage that applies.

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. We offer forex trading as a CFD.

Hero Forex Pairs - 70+

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.


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.

Execution Icon


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

Cost of Trading Icon

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.

Pricing Icon

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, 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.

Mastercard Logo Swift Logo Visa Logo Bank Transfer Logo Wire Transfer Logo

**Voted Best Broker 2023 (TradingView Broker Awards 2023). Most Popular Broker 3 years in a row (TradingView Broker Awards 2020, 2021, 2022). Best Trading Tools winner (Online Personal Wealth Awards 2021). Awarded highest client satisfaction for telephone customer service (Investment Trends 2021 UK Leverage Trading Report, Industry Analysis).

*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.

4 award banners

Protect your trades with a GSLO

Protect your positions from market gapping and slippage with a GSLO. Available on indices, gold and forex.

3 ways to trade, plus TradingView and MetaTrader 4

Our range of platforms include OANDA Trade web, mobile and tablet, as well as TradingView and MetaTrader 4.

Take a CFD position on metals

Our spreads are competitive, starting from just 19 cents per troy ounce for gold.