OANDA Broker Review

May 10, 2023

OANDA is an internationally acclaimed broker providing trading solutions with the lowest spreads on the market. This broker has no minimum deposit limit and offers an intuitive fxTrade platform.

OANDA is a market maker broker founded in 1996. It is under the auspices of the main company OANDA Corporation, which is headquartered in San Francisco, United States of America. OANDA branch offices are spread all over the world, including in England, Singapore, Japan, Canada, and others.

OANDA forex broker was founded in Delaware, United States of America, by Dr. Michael Stumm, lecturer in Computer Engineering at the University of Toronto, Canada, and his colleague Dr Richard Olsen from The Olsen Ltd which is one of the leading econometric research institutes. Since then, OANDA has won various awards from various parts of the world. This achievement was driven by OANDA's enthusiasm for making new innovations in the world of forex trading and the reliability of its services.

OANDA's regulatory guarantees are very satisfying. It is recorded on its website, OANDA, which is located at www.oanda.com and can also be accessed at www.oanda.sg, has the following licenses:

  • OANDA Corporation registered with the United States CFTC and NFA (NFA#0325821)
  • OANDA Asia Pacific Pte. Ltd. regulated by the Monetary Authority of Singapore (CMS License No: CMS100122-4) and holds a commodity trading license in Singapore (Commodity Brokers License No: OAP/CBL/2012)
  • OANDA (Canada) Corporation ULC is registered with the Investment Industry Regulatory Organization of Canada
  • OANDA Europe Limited is regulated by the UK FCA (#542574)
  • OANDA Japan Inc holds a type 1 license from JFSA Japan and is a member of FFA Japan (#1571)
  • OANDA Australia Pty Ltd is also regulated by ASIC Australia (ABN 26 152 088 349, AFSL No. 412981)
  • OANDA Global Markets Ltd is regulated by FSC British Virgin Islands (SIBA/L/20/1130)
Broker Name OANDA
Broker type STP
Website Click here to visit OANDA's official site
Company OANDA Corporation
Founded On 1996
Headquarters San Francisco, United States of America
Regulators OANDA Corporation registered with the United States CFTC and NFA (NFA#0325821), OANDA Asia Pacific Pte. Ltd. regulated by the Monetary Authority of Singapore (CMS License No: CMS100122-4) and holds a commodity trading license in Singapore (Commodity Brokers License No: OAP/CBL/2012), among many others.
Customer service ✔️ 24/5
website language English, Thai, Spanish, Portuguese, Vietnamese, Indonesian, Malay, Japanese, French, and Chinese
Deposits And Withdrawals Paypal, Wire Transfers, Credit and Debit Cards
Expert Analysis ✔️
Partnership Program ✔️
Educational Content ✔️
Trading platforms MetaTrader 4 and MetaTrader 5 for Desktop and Mobile, as well as their own OANDA's fxTrade
Trading instruments 59 forex pairs, 23 metal pairs, as well as commodity and index CFDs
Spreads floating
Minimum initial deposit $1
leverage Max 1:200
Minimum Lots There is no minimum lot limit
Swap-free Account
Hedging ✔️, as long as it's not in the same account
Scalping ✔️
Expert Advisors ✔️
Zero Spreads Account


  • Strong Regulatory Assurance
    The OANDA broker is also known for its very strong regulatory guarantees. As can be seen above, OANDA has been subject to regulation from well-known authorities such as the CFTC and NFA from the United States, the UK FCA, and ASIC Australia.

  • Unique And Informative FXTrade Trading Platform
    is known as one of the leading forex brokers, and its unique platform, fxTrade, and the tools it provides are widely used by the World's leading traders and analysts.

  • Free Access to Autochartist for All Clients
    OANDA's other added value is provided by OANDA Technical Analysis which exists in collaboration with the technical analysis provider company Autochartist. OANDA Technical Analysis will monitor price movements non-stop and automatically recognize patterns that are created on the charts and send alerts to traders when the pattern they are waiting for appears. Access to this technology is free for all OANDA clients.

  • Strong Regulations from Several Countries
    As proof of its competence, OANDA has 6 offices spread across Singapore, Sydney-Australia, Tokyo-Japan, England, New York, San Francisco and Toronto. OANDA Group complies with the regulations in force according to the regulations of each country. For OANDA traders who are domiciled in the United States, the maximum leverage offered is 1:200 and hedging is not allowed.

  • Suitable For Big Cap Traders
    OANDA broker is suitable for deep-pocketed traders, especially those who want extra tight regulatory guarantees and base their analysis on technical methods. Beginner traders with limited funds can practice using the demo account provided by this broker, but may find it difficult to trade live due to the small leverage and strict trading restrictions.

Education (46)

1. What Is Forex? 2. Why Does Forex Market Exist? 3. What Drives the Forex Market? 4. Why is Forex Trading Popular? 5. Can I Get Rich in Forex? 6. Are You Curious? Want to Discover More about Forex Trading? Meet Demo Acount! 7. I'm a Newbie, How to Master Forex Trading? 8. What Forex Knowledge Should I Conquer? What Are the Steps to Go Thorugh the Journey? 9. What are Software and Glossaries in Trading Forex? 10. How to Read the Forex Market? 11. How to Practice Forex Trading? 12. How to Ride on the Forex Wave? 13. How to Prepare Basic Trading Requirement? By the Demo Account? What about the MT4/MT5? 14. What is Bid-Ask Spread? 15. What is Pip? 16. What is Lot Size 17. What is Leverage in Forex Trading? 18. What is Margin? 19. When to Trade Forex? 20. What is the Most Dominant Market in Forex? How is the Characteristic? 21. What is Chart in Forex? 22. What is Candlestick? Why is It the Most Popular Chart in Forex? 23. What is Technical Analysis? 24. What is Fundamental Analysis? 25. What are MT4 Indicators and How to Use Them? 26. What is Risk in Forex? 27. What is the Psychological Effect in Forex Trading? 28. How to Compile a Strategy Template? 29. How Long Should You Practice in a Demo Account? 30. When Do I Need to Start Learning about Brokers? 31. What Exactly Does a Forex Broker Do? 32. Can I Trade Forex without Broker? 33. How Much Money Do You Need to Trade in Forex Brokers? 34. How to Choose a Good Forex Broker? 35. What is Regulation? And Why Should Regulation Exist? 36. Why Should You Choose Forex Brokers with Top-tier Regulations? 37. How to Choose Forex Brokers Based on Your Need and Where You Are From? 38. What Brokers Should You Avoid? 39. Is There Any Broker Scam in History? How Bad Is It? 40. What are the Most Popular Brokers in The World? 41. What are the Best Brokers For Entry-Level Traders? 42. What are the Best Brokers for Traders with Minimum Deposit Capabilities? 43. Which Broker Provides a Demo Account and Easy Setup? 44. Which Broker Provides Easy Registrations? 45. What and How to Deposit on Forex Brokers? 46. What and How to Withdraw from Forex Brokers?




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