OANDA Review
777
Review
Fast Facts
FCA (UK)
IIROC (Canada)
MFSA (Malta)
BVIFSC (BVI)
NFA (USA)
Account types
| Personal Account | Professional Account | Joint Account | Corporate entity Account | |
|---|---|---|---|---|
| Minimum Deposit | 1 USD | |||
| Maximum Leverage | 1:100 | 1:30 | ||
| Spread from (pips) | ||||
| Commission per lot (USD) | 0 | |||
| Minimum Trade Size | 0.01 | |||
| Step | ||||
| Execution Type | ||||
| Trading Instruments | Bonds, Indices, Commodities, Forex | |||
| Margin Call | ||||
| Stop out | 50% | |||
| Swap Free | ||||
| Currency | CAD, HKD, SGD, AUD, CHF, JPY, GBP, EUR, USD | |||
Deposits / Withdrawals
- Deposit Methods: Bank Wire Transfer, PayPal, Visa, MasterCard
- Withdrawal Methods: Bank Wire Transfer, PayPal, Visa, MasterCard
- Account Currencies: CAD, HKD, SGD, AUD, CHF, JPY, GBP, EUR, USD
Contact Info and Support
370 King Street West 2nd Floor Box 60 Toronto ON M5V 1J9
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | 9634 |
| Country Code | US | |
| Country Rank | 7579 | |
| Category Rank | 81 | |
| Engagement metrics | Visits | 5192579 |
| Bounce Rate | 0.4263 | |
| Pageviews per Visit | 4.44 | |
| Avg. Visit Duration | 152.32 | |
| Estimated monthly visits | April 2026 | 5338963 |
| May 2026 | 5123515 | |
| June 2026 | 5192579 | |
| Top countries | United States (US) | 24.38% |
| United Kingdom (GB) | 5.66% | |
| Germany (DE) | 5.42% | |
| India (IN) | 4.71% | |
| Spain (ES) | 3.08% | |
| Traffic sources | Direct | 52.24% |
| Referrals | 5.22% | |
| 2.43% | ||
| Social | - | |
| Paid Referrals | - | |
| Search | - | |
| Top keywords | oanda | 129070 ◦ $3.09 ◦ $132880 |
| currency converter | 646220 ◦ $0.46 ◦ $96450 | |
| конвертер валют | 228270 ◦ $0.56 ◦ $44050 | |
| oanda currency converter | 24940 ◦ $1.41 ◦ $36030 | |
| ftmo | 409350 ◦ $2.81 ◦ $30190 |
About OANDA
OANDA operates across multiple legal entities, each regulated by local authorities. OANDA Corporation is a Retail Foreign Exchange Dealer and Futures Commission Merchant under the U.S. Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA No. 0325821) .
OANDA Europe Limited is authorised and regulated by the Financial Conduct Authority (FCA No. 542574) . OANDA Australia Pty Ltd holds an Australian Financial Services Licence (AFSL No. 412981) from ASIC . OANDA (Canada) Corporation ULC is regulated by the Investment Industry Regulatory Organization of Canada (IIROC), and client assets benefit from the Canadian Investor Protection Fund within specified limits .
OANDA offers multiple account types (Personal, Professional, Joint, Corporate entity) with minimum deposit as low as 1 USD, leverage up to 1:100 for personal and professional accounts (1:30 for Joint and Corporate), zero commission, base currencies including CAD, HKD, SGD, AUD, CHF, JPY, GBP, EUR, USD, trading instruments covering bonds, indices, commodities and forex, MT4 trading platform, and support for EAs, hedging, scalping, no‑back‑pricing (NBP). Islamic (swap‑free) accounts are not available .
NFA issued a Decision on May 29, 2025, accepting an Offer of Settlement from OANDA for violations of NFA rules concerning capital offsetting, security deposits, pricing display issues, inadequate disclosure of crypto broker relationships, and supervision shortcomings; OANDA consented without admitting or denying the findings .
Who it’s for
- Retail and professional traders seeking a broker with global tier‑1 regulation (FCA, CFTC/NFA, ASIC, IIROC).
- Users of the MetaTrader 4 platform requiring support for automated trading (EAs), hedging and scalping strategies.
- Clients needing multiple base currency options and instruments beyond forex, including bonds, indices, and commodities.
Pros and cons
Pros
- Well‑regulated across major jurisdictions (U.S., UK, Australia, Canada).
- Low minimum deposit (1 USD) and zero commission structure.
- Support for MT4, EAs, hedging, scalping, and a wide range of instruments and base currencies.
Cons
- Settlement with NFA in 2025 for regulatory breaches may raise compliance concerns.
