Trusted
Oanda
Contact
Global offices: New York, Toronto, Frankfurt, Krakow, Malta, Tokyo, Singapore, Sydney
Regulatory & Licensing Information:
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- Regulatory Authorities:
- Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) in the United States
- Financial Conduct Authority (FCA) in the United Kingdom
- Australian Securities and Investments Commission (ASIC) in Australia
- Investment Industry Regulatory Organization of Canada (IIROC) in Canada
- Monetary Authority of Singapore (MAS) in Singapore
- Financial Services Agency (FSA) in Japan
- License Numbers:
- NFA: 0325821
- FCA: 542574
- ASIC: 412981
- IIROC: Not specified
- MAS: CMS100122-4
- FSA: Not specified
- Status: Active
- Regulatory Authorities:
Verification:
- Broker's Claims: OANDA asserts that it operates under multiple regulatory licenses, ensuring compliance with international financial standards.
- Verified Information: Independent reviews confirm OANDA's regulatory status with these authorities. Notably, the FCA, ASIC, and IIROC are considered top-tier regulators, providing a high level of oversight and investor protection.
Regulatory Warnings:
- Issuing Body: None
- Date of Warning: Not applicable
- Details: There are no known regulatory warnings against OANDA.
Description:
OANDA is a pioneer in online currency trading since 1996, offering robust platforms, regulatory oversight across major regions, and quality educational tools. Users appreciate its responsive customer service, user-friendly UI, and reliability. Common concerns include higher spreads, slower bank withdrawals (up to 7 days), occasional order execution quirks, inactivity fees, and periodic reporting or charting issues.
Tags:
Forex , CFDs , MT4 , Web Trader , Mobile App , API , Institutional-grade execution , Regulated (CFTC , FCA , IIROC , ASIC) , Low‑Spreads , Transparent Pricing , Inactivity Fee , No Minimum , Strong Support
Account & Cost
| Trading Platforms | OANDA Trade (web/desktop/mobile), MT4, MT5 (select regions), API, TradingView integration |
|---|---|
| Minimum Deposit | None |
| Deposit Options | Bank transfer, credit/debit card, e-wallets (region-dependent) |
| Withdrawal Options | Same; bank transfers free via ACH, wires may incur fees |
| Max Leverage | Up to 1:200 (UK/EU), 1:50 (US), region-dependent |
| Minimum Trade Volume | 1 unit (micro-lot) |
| Margin Call Level | 50% |
| Stop Out Level | 50% |
| Commission | None; cost included in spread |
| Spread Type | Variable (typically higher than low-cost leaders) |
| Account Currencies | USD, EUR, GBP, JPY, AUD, CAD, SGD, HKD, etc. |
| Trading Instruments | Forex, indices, commodities, metals, cryptocurrencies, bonds, ETFs (select regions) |
| Special Promotions | N/A |
| Additional Features | MarketPulse research, Autochartist, trading API, Algo Labs, Trading Central, demo accounts |
| Customer Support | 5-days/week (live chat, email, phone); mobile app support available |
| Islamic | ✔ |
| EA | ✔ |
| Hedging | ✔ |
| Scalping | ✔ |
| NBP | ✔ |
| Trading Platforms | MT4,Oanda Platform,TradingView |
|---|---|
| Minimum Deposit | $10,000 |
| Deposit Options | Bank Transfer, Credit/Debit Card, PayPal |
| Withdrawal Options | Bank Transfer, Credit/Debit Card, PayPal |
| Max Leverage | Up to 1:50 |
| Minimum Trade Volume | 0.01 |
| Margin Call Level | 50% |
| Stop Out Level | 50% |
| Commission | NA |
| Spread Type | Variable, starting from 0.6 pips on major forex pairs |
| Account Currencies | USD, EUR, GBP, JPY, AUD |
| Trading Instruments | Forex, Indices, Commodities, Metals, Bonds, Cryptocurrencies |
| Special Promotions | N/A |
| Additional Features | Dedicated relationship manager; cash rebates starting from $5 per million traded; reimbursement of monthly TradingView subscription; unlimited free wire transfers; priority service queues; access to exclusive events and webinars |
| Customer Support | Available 24/5 via phone, email, and live chat |
| Islamic | ✔ |
| EA | ✔ |
| Hedging | ✔ |
| Scalping | ✔ |
| NBP | ✔ |
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