Regulated

OANDA

Country: Canada

Founded: 1996

Maximum leverage: 1:200

0%
Score
Licence Status
AA
Regulator
ASIC
Trading flatform

Score Review

Lisense score
0.0
Software score
0.0
Flatform score
0.0
customer support
0.0

Lisense

Details
🇦🇺 Úc 412981
AA
ASIC Authorised
🇬🇧 Anh 542574
AA
FCA Authorised
🇯🇵 Japan 2137
AA
FSA Authorised

Contact information

Web: https://www.oanda.com/

Email :

frontdesk@oanda.com

Phone: +44 02031512050

Trading account

Personal Account
Professional Account
Joint Account
Corporate entity Account
Minimum Deposit 1.0 $
Spread 0.01 Lots
Margin call level
Leverage 1 : 100
Product Bonds, Indices, Commodities, Forex/Currencies
EA Supported
Scalping Supported
Hedging Supported
Minimum Deposit $
Spread 0.01 Lots
Margin call level
Leverage 1 : 100
Product Bonds, Indices, Commodities, Forex/Currencies
EA Supported
Scalping Supported
Hedging Supported
Minimum Deposit $
Spread 0.01 Lots
Margin call level
Leverage 1 : 30
Product Bonds, Indices, Commodities, Forex/Currencies
EA Supported
Scalping Supported
Hedging Supported
Minimum Deposit 1.0 $
Spread
Margin call level
Leverage 1 : 30
Product Bonds, Indices, Commodities, Forex/Currencies
EA Supported
Scalping Supported
Hedging Supported

Top 5 Broker

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Regulated

Broker information

Headquarters: Canada

Founded: 1996

Company name: OANDA Corporation

Payment: Bank, Visa, Paypal

Company Introduction

Founded in 1996, OANDA is a well-known online forex broker headquartered in New York, with more than 20 years of industry experience. With transparency and reliability, OANDA provides clients with a wide range of CFD products, including forex, indices, cryptocurrencies, commodities, and bonds. Its trading platforms include TradingView, OANDA Mobile, OANDA Web, and MetaTrader 4 (MT4), catering to different types of traders.

Pros & Cons

Pros: 

  • Wide variety of trading instruments (forex, indices, cryptocurrencies, commodities, bonds).
  • Competitive spreads and relatively low trading costs.
  • No minimum deposit required.
  • Free demo account available.
  • Multiple trading platforms to choose from
  • Strong financial background

Cons:

  • Inactivity fee applies
  • Some trading and withdrawal fees can be relatively high

Spreads & Fees

  • Forex: Major currency pairs spreads as low as 0.1 pip, EUR/USD average ~1.1 pips
  • US stocks: $0.018 per share
  • UK, EU, Asia stocks: 0.08% of trade value (minimum 10 base currency units)
  • Inactivity fee: $10 per month after 12 months of inactivity
  • Overnight/financing fees: Based on interest rate differentials
  • Deposits are free; withdrawals may incur fees depending on the method

Trading Platforms

  • MetaTrader 4 (MT4): The world’s most popular platform, supporting EAs, advanced charting, and backtesting.
  • OANDA Mobile: Comprehensive mobile app for trading anytime, anywhere.
  • OANDA Web: Browser-based platform, no installation needed, user-friendly.
  • TradingView: Powerful charting and technical analysis tools, suitable for multi-timeframe analysis.

Deposits & Withdrawals

  • Methods: PayNow, FBS Bill Pay, PayPal, FAST, bank transfer, etc.
  • Deposit processing: Usually within 24 hours
  • Withdrawal time: 1–2 business days
  • Fees: Deposits are free, withdrawals may incur charges depending on the method and currency

Conclusion

OANDA is a trustworthy broker that offers diversified trading products, advanced platforms, and quality educational resources. Its no minimum deposit policy makes it friendly for beginners, while its solid financial background provides a safe and comprehensive trading environment for global investors.

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