OANDA Review
365
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 | 9699 |
| Country Code | US | |
| Country Rank | 7480 | |
| Category Rank | 79 | |
| Engagement metrics | Visits | 5303972 |
| Bounce Rate | 0.433 | |
| Pageviews per Visit | 4.2 | |
| Avg. Visit Duration | 133.39 | |
| Estimated monthly visits | September 2025 | 5646159 |
| October 2025 | 5591942 | |
| November 2025 | 5303972 | |
| Top countries | United States (US) | 24.77% |
| United Kingdom (GB) | 5.66% | |
| Germany (DE) | 4.9% | |
| Taiwan (TW) | 4.07% | |
| Japan (JP) | 3.71% | |
| Traffic sources | Direct | 60.88% |
| Search | 34.69% | |
| Referrals | 3.4% | |
| Social | 0.49% | |
| Paid Referrals | 0.49% | |
| 0.05% | ||
| Top keywords | oanda | 159600 ◦ $4.05 ◦ $130050 |
| currency converter | 783360 ◦ $0.48 ◦ $32120 | |
| oanda currency converter | 20130 ◦ $1.63 ◦ $21060 | |
| tradingview | 6967120 ◦ $0.71 ◦ $20470 | |
| ftmo | 467260 ◦ $1.77 ◦ $11770 |
About OANDA
OANDA is a brokerage firm founded in 1996 with headquarters in Toronto, Canada. It operates under multiple international regulatory licenses, including the Australian Securities & Investments Commission (ASIC) under license number 412981, the UK Financial Conduct Authority (FCA) under registration number 542574, the U.S. National Futures Association (NFA) with ID 0325821, and the British Virgin Islands Financial Services Commission (BVI FSC) with license SIBA/L/20/1130. Its operations are also overseen by the Investment Industry Regulatory Organization of Canada (IIROC). The broker maintains its official website at oanda.com. FCA, Official site
The platform offers several account types including Personal, Professional, Joint, and Corporate Entity accounts. All account types have a minimum deposit requirement of 1 USD, with no commission applied on trades and a minimum trade volume set at 0.01 lots. Maximum leverage varies, with Personal and Professional accounts featuring up to 1:100, while Joint and Corporate Entity accounts allow up to 1:30. Available base currencies include CAD, HKD, SGD, AUD, CHF, JPY, GBP, EUR, and USD. Trading is supported on MetaTrader 4 (MT4), with features such as Expert Advisors (EAs), hedging, scalping, and negative balance protection enabled. None of the listed accounts are swap-free, meaning Islamic accounts are not provided. Official site
Clients can trade across different markets including forex/currencies, commodities, indices, and bonds. Stop-out levels are set at 50% for all account structures. The broker supports multiple deposit and withdrawal options and provides language assistance in English, French, German, Italian, Japanese, Chinese, Korean, Portuguese, Russian, Spanish, and Vietnamese. Official site
Who it’s for
- Traders seeking a multi-regulated broker with oversight from FCA, ASIC, NFA, IIROC, and BVI FSC.
- Individuals looking for low entry requirements, with accounts starting from 1 USD.
- Beginners and experienced traders who want MT4 access with EAs, hedging, and scalping.
- Clients needing multiple base currencies and global language support.
Pros and cons
Pros
- Multiple strong regulatory licenses (FCA, ASIC, NFA, IIROC, BVI FSC).
- Very low minimum deposit requirement of 1 USD.
- Flexible account choices with broad base currency options.
- Full support of MT4 with hedging, scalping, and EAs enabled.
- Negative balance protection offered.
Cons
- No Islamic/swap-free account options.
- Leverage capped at 1:30 for certain account types.
