OA
OANDA
8.6/10Founded 1996 · New York, USA
Open account at OANDA
Sponsored · Your capital is at risk
Min Deposit
$0
Spreads From
1.0 pips
Max Leverage
1:200
Platforms
MT4, TradingView, OANDA Trade
Account Types
Standard, Premium
Regulators
FCA, ASIC, IIROC, MAS
Pros & Cons
Pros
- No minimum deposit requirement
- Excellent research and market analysis tools
- Long track record since 1996
Cons
- Higher spreads compared to ECN brokers
- Limited leverage in regulated regions
Regulation & Trust
Trading Conditions
| Feature | Raw Account | Standard Account |
|---|---|---|
| Spread Typical | 1.0 pips | 1.0 pips |
| Commission | $3.50/lot RT | None |
| Execution Model | ECN | STP |
| Max Leverage | 1:200 | 1:200 |
| Margin Call | 100% | 100% |
| Stop Out | 50% | 50% |
Platforms & Tools
MT4
MT4
- • Advanced charting & technical analysis
- • Expert Advisors / Algorithmic trading
- • Mobile & desktop versions
TradingView
TradingView
- • Advanced charting & technical analysis
- • Expert Advisors / Algorithmic trading
- • Mobile & desktop versions
OANDA Trade
OANDA Trade
- • Advanced charting & technical analysis
- • Expert Advisors / Algorithmic trading
- • Mobile & desktop versions
Deposit & Withdrawal
| Method | Min | Max | Fee | Processing |
|---|---|---|---|---|
| Bank Transfer | $0 | Unlimited | Free | 1-3 days |
| Credit/Debit Card | $0 | $100,000 | Free | Instant |
| PayPal | $0 | $50,000 | Free | Instant |
| Skrill/Neteller | $0 | $50,000 | Free | Instant |
| Crypto (BTC/USDT) | $0 | $500,000 | Free | 10-30 min |
Supported Instruments
Customer Support
Hours
24/5
Live Chat
Available
Email
support@broker.com
Phone
+1-800-XXX-XXXX
Who Is OANDA For?
Best for
- Scalpers needing ultra-low spreads
- Algo traders using Expert Advisors
- High-volume traders seeking raw pricing
- Traders wanting multiple platform choice
Not ideal for
- Complete beginners needing hand-holding
- Traders looking for extensive education
- Those wanting a proprietary platform
Compare OANDA
Frequently Asked Questions
Final Verdict
8.6/10
OANDA stands out with 1.0 pips spreads and 1:200 leverage, making it a strong choice for experienced traders. With regulation from FCA, ASIC, IIROC, MAS, it provides a secure trading environment. The availability of MT4, TradingView, OANDA Trade ensures traders have access to industry-standard tools. While educational content could be improved, the competitive pricing and execution quality make OANDA one of the top brokers in the market.
Alex Turner
Senior Forex Analyst at TheforexPulse
Last updated: April 14, 2026
This author does not hold positions in any broker reviewed on TheforexPulse.