Trading

FX trading

Voted Most Popular Broker 2021 (TradingView Broker Awards 2021) Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards 2021).

We offer competitive spreads on 70 forex pairs, including all the majors and minors. Our range of platforms includes the award-winning* OANDA Trade platform, as well as MetaTrader 4 - the preferred platform for forex traders globally.

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Standard and tiered accounts

See if you qualify for rebates and commission markdowns with our Advanced Trader tiered trading account.

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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.

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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 requirement will depend on the amount of leverage allowed. The maximum leverage allowed is determined by the regulators and may differ depending upon the instrument.

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.

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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.

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Reliability and speed

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

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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 and automated clearing house (ACH).

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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.

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.

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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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Frequently asked questions

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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.

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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.

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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".

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Can’t find what you’re looking for?

*Best Trading Tools winner (Online Personal Wealth Awards 2021). Awarded highest client satisfaction for mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex). Awarded highest overall client satisfaction (Investment Trends 2021 US Leverage Trading Report, Margin Forex). Voted Most Popular Broker 2021 (TradingView Broker Awards 2021). Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards 2021).

^Spreads from 0.0 pips available on our Core Pricing account where clients can enjoy low spreads with a commission.

Welcome bonus

Receive US$500 or US$5k. Just open an account with us, deposit US$500 or US$50k and trade. Conditions apply.

4 ways to trade, plus MetaTrader 4

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

Trade cryptos

Trade popular cryptos with our user-friendly app. Access crypto pricing straight from the itBit exchange. No mark-up on your crypto trades.