OANDA
Save
Score
Business Scope
7.4
Trading Cost
7.4
Trading Platforms
7.4
Support
7.4
Licence Status
operate with a few regulation licenses
A A
ASIC 412981
A A A
FCA 542574
A
IIROC
Authorised
Authorised
Authorised
Contact
Nicole
I like this platform very much because I can choose to display important news. I mean the news- is about to be released on the chart. I can adjust my position to a tight level.
Alex Verbitskiy
I think OANDA is one of the best and most trusted market makers around, and it is especially suitable for beginners to trade with OANDA because the broker has an user-friendly and flexible platform. Open-close and modify orders, SL and TP are indeed very simple and clear. The customer support is always very friendly and resourceful. Faithfully recommend!
Mikka Litmanen
I stayed in Oanda for about a year. Oanda's trading platform is often frozen. I lost the connection to my trading account during the transaction. Even though I can successfully access other websites and log in email, I have encountered connection problems.
Rayn M
Opening an overseas account in OANDA can be painful, but overcoming these obstacles, you will know it's the best broker. Their platform is not such easy or as powerful as I want, but their response time is very short. In case of trouble, their chat room is always ready, fast and reliable. The spread is really good. In the end, I gave OANDA 4 stars just because they lack a programmable platform.
Robert Dowl
My experience in trading with Oanda is very comfortable. There are many features on the website, and if you have a real account, you can access a huge database of historical prices. I use automated trading strategies and need to back-test the history, so I need high-quality data, which can be found on the website.
Daniel Richards
I think Oanda is the best, top and greatest foreign exchange broker in the world. I think it's only suitable for serious traders. I have been trading with this broker for nearly 2 years and I have accumulated $2m. Highly recommend.
Broker News
FTMO Completes OANDA Acquisition Deal
Dec 02, 2025
Prop trading firm FTMO has closed its acquisition of OANDA ten months after reaching the agreement with CVC.
Fined $600,000 by NFA! OANDA Charged with Multiple Regulatory Violations
May 30, 2025
FTMO-acquired OANDA faces multiple charges, including failure to collect the correct security deposits from customers for certain transactions.
CVC Capital Partners Puts Oanda up for Sale
Jul 15, 2024
The company's valuation in a potential sale is unclear.
Account Type
7.4
Good
Low leverage limit and multiple types of account currencies
Features
Trading Platforms
MT4
Min Deposit
1.0 USD
Max Leverage 1 : 100
Min Trade Volume
0.01 Lots
Margin Call Level 100%
Stop Out Level 50%
Commission
0 USD
Spread Type
Variable Spread
Account Currencies
CAD,
HKD,
SGD,
AUD,
CHF,
JPY,
GBP,
EUR,
USD
Trading Instruments
Bonds,
Indices,
Commodities,
Forex/Currencies
EA
Hedging
Scalping
NBP
Islamic
Deposit and Withdrawal
7.4
Good
Minimum deposit and no deposit fee
Features
Company and Service
7.4
Good
Many branch offices in different countries
Features
Profile
Headquarters Address
370 King Street West
2nd Floor Box 60
Toronto
ON M5V 1J9
Founded 1996
Broker Type
MM/DD
Time Zone GMT+2
Credit Profile No information
Trading Platforms
MT4
Windows,
iOS,
Android
Contact
No Data
Others
FIFO
Website Language
Chinese,
English,
French,
German,
Italian,
Japanese,
Korean,
Portuguese,
Russian,
Spanish,
Vietnamese
Customer Service By
Phone,
Email,
Live Chat,
Facebook,
Twitter,
Instagram,
Youtube
Supported Language
Chinese,
English,
French,
German,
Italian,
Japanese,
Korean,
Portuguese,
Russian,
Spanish,
Vietnamese
Overall Score
7.4
172 Reviews
Cost 7.4
Platforms 7.4
Deposit & Withdrawal 7.4
Customer Support 7.4
Indicates the average level of Brokers
Keywords for selection
Trading Problems
Hedging
Spread Widen
Advanced Trading Platform
Low Spreads
Reliable & Reputable
Unstable Server Connection
Terrible Deposit/Withdrawal Transfer Fees
High Swap Fee
Low Leverage
Deposit/Withdrawal Problems
Complicated Registration Process
Dissatisfied
Regulated & Licensed
172 Reviews Clear filter
Sort by
Audrey
Their swap fees are ridiculously high. It eats into profits way too fast.
Oct 30, 2025
Reply
Reply
Antoine Zhang
Trustable broker, fast and quality customer service
Oct 20, 2025
Reply
Reply
Michael Masserut
I have been a customer with them for a few years and it's unfortunate this situation happened. I appreciate the security concern but now they are asking for more and more just so I can withdraw my funds. I am in a financial situation and although it may not seem like a lot of money to them, it would help me tremendously. They changed vendors and and their practices have changed ok fine. They asked to verify my address, I provided a bank statement. A bank statement associated with the SAME DEBIT CARD that they have happily taken my deposits from. However, they are refusing to withdraw my funds to the associated bank account because they stated my deposit was from a different account. They are both my account, why does it matter? You have no issue taking my funds but won't give them back? I am going to report this on every single site. I will return to trading, but not with them. Very disappointed.
Sep 02, 2025
Reply
Reply
Robert Piga
Really good customer service and reactive when you need a support.
Jun 06, 2025
Reply
Reply
Roberto
I'm brand new to this, and the help desk was great with my first emergency. informative and patient, great combo.
Apr 09, 2025
Reply
Reply
Myrna
unprofessional company, three years asked for all the documents needed and provided, asked me again locked my account and sent a bank statement still waiting even I lose money to avoid trade with this scam company
Jan 17, 2025
Reply
Reply
Ricardo Johnson
Good communication, A very responsive Broker who is easy to deal with.
Dec 27, 2024
Reply
Reply
NickForex
I have been with Oanda for about 1 year. I like them very much, never had a problem with them. I can withdraw money anytime, and in any amount and the mt4 platform works very nice. It's regulated in the US so that's also peace of mind
Nov 01, 2024
Reply
Reply
Erick Castellanos
I've been trading with OANDA for several months, and it's been a great experience. The platform is intuitive and offers a wide range of trading tools. The customer support team is always prompt and efficient in resolving any issues. I also appreciate the transparency in pricing and the educational resources available. OANDA is definitely a top choice for traders of all levels!
Sep 27, 2024
Reply
Reply
Ade
I like this platform very much because I can choose to display important news. I mean the news- is about to be released on the chart. I can adjust my position to a tight level.
Sep 24, 2024
Reply
Reply
- 1
- 2
- 3
- 4
- 18
1-10 of 172 comments
Rate and Review
Copyright © 2025 FastBull Ltd
Risk Warning:
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer:
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.