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OANDA
🇺🇸 USA • Est. 1996
4.5
/ 10
OANDA Review
OANDA is a globally recognized forex broker founded in 1996, known for pioneering online forex trading and providing transparent, reliable services. Regulated across six major jurisdictions, OANDA serves both retail and institutional clients.
Ratings Breakdown
Account Conditions4.5/10
Trading Settings4.4/10
Tools & Resources4.5/10
Trust4.8/10
Customer Service4.3/10
User Experience4.3/10
Pros
No minimum deposit
Regulated across 6 jurisdictions
Excellent API for algo trading
Fractional share trading
Powerful proprietary platform
Cons
Limited product range (mainly forex)
Higher spreads than ECN brokers
No copy trading
Desktop platform feels dated
Key Details
Regulation
CFTC, NFA, FCA, ASIC, IIROC, MAS, JFSA
Min. Deposit
$0
Platforms
OANDA Platform, MT4, TradingView
Leverage
Up to 1:50
Assets
Forex, Indices, Commodities, Bonds, Metals
Spreads
From 1.0 pips
Funding
Deposit Methods
Bank Wire
ACH
Credit/Debit Cards
Withdrawal Methods
Bank Wire
ACH
Support
Support
24/5 Phone, Email, Chat
Markets
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