Trading

FX trading

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

We offer competitive spreads on 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 preferred platform for forex traders globally.

Hero Forex Pairs
Pricing Icon

Standard and premium accounts

Opt for our spread-only pricing account, or find out if you qualify for core pricing plus commission with a premium trading account.

Spreads Icon

2 pricing models

Our spreads go as low as 0.0 pips^, helping to ensure that you benefit from even the smallest price moves in the forex markets.

Regulated Icon

Fully regulated broker

We are a fully regulated forex broker, with offices in nine regions globally. We support regulatory oversight of the retail trading industry and the protection of our clients.

Popular forex pairs

Margin reflective of 50:1 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.

Transparent

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 tiers and liquidity providers

We offer two pricing models: spread-only and core pricing plus commission. Our pricing models are clear and transparent. Find out about our two pricing options and see which one you qualify for. The 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 Icon

Execution

Forex prices can move quickly, especially during volatile market conditions. Our award-winning trading platform is engineered for reliability and speed, helping to ensure that your trade is executed at the price you want. Our trades are executed in 0.012 seconds**.

Deposit Icon

Deposits and withdrawals

It is easy and straightforward to deposit and withdraw funds to and from your OANDA account. Funds can be deposited using debit card, bank transfer, check (USD) and automated clearing house (ACH).

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.

See how currency pairs correlate with one other

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

See all

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 LogoDiscover LogoBank Transfer LogoVisa LogoWire Transfer LogoAch Logo

Frequently asked questions

add

What are OANDA's hours of operation?

Our hours of operation coincide with the global financial markets. In the US, trading is available from approximately 5pm Sunday to 5pm Friday (New York time). Please note: these times are subject to change during daylight savings time.

add

What are the deposit options to fund my OANDA account for forex trading?

Our deposit options vary based on the OANDA division with which you hold your account. Please check the relevant deposit funds section for more details on how to fund your account.

add

Which forex currency pairs and spreads can I trade?

You can find a comprehensive list of available currency pairs and current spreads here.

To add pairs to your Rate list on the OANDA trading platform, go to Tools > User Preferences > Rates. To view all pairs on your MT4 platform, right-click any of the symbols listed in Market Watch section and choose "Show All".

add

Can’t find what you’re looking for?

*Voted No 1 for Mobile Platform/Application; and Client Satisfaction and Value for Money (Investment Trends 2018 US Report). Awarded World's Best Retail FX Platform (FX-Week e-FX Awards 2018).

^OANDA does not requote orders that are executed at the valid market price when the request is received at our server. Spreads from 0.0 pips available on our Core Pricing account where clients can enjoy low spreads with a commission.

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

Trade forex with OANDA

We are a globally-recognized broker with 23 years' experience in foreign exchange trading.

4 ways to trade, plus MetaTrader 4

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

Transparent pricing models

We offer 2 clear pricing models: core pricing plus commission or spreads-only pricing.