Oanda

4.2(1.500 reviews)

Forex specialist with advanced technology since 1996

FCA/NFA RegulatedSince 1996

Trust Score

Very Good

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 €

Min. Deposit

Instruments

FCA/NFA

Regulation

Platforms

Key Features

Forex

Forex trading available

CFDs

CFDs trading available

Indices

Indices trading available

Commodities

Commodities trading available

Bonds

Bonds trading available

Metals

Metals trading available

OANDA Trade

Trading Platform

MT4

Trading Platform

MT5

Trading Platform

TradingView

Trading Platform

Advantages

No minimum deposit required
Flexible lot sizes from 1 unit
Advanced analysis tools
FCA and NFA regulated

Disadvantages

Limited product range
No stocks or ETFs
Inactivity fee after 12 months

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Oanda

Oanda was founded in 1996 in New York and is one of the most experienced forex specialists on the market. The broker is regulated by FCA and NFA and offers trading in forex, CFDs, indices, commodities, bonds, and metals. Oanda is particularly known for its flexible lot sizes -- traders can trade from as little as one unit, which is unique in the industry. There is no minimum deposit. Oanda caters to forex traders of all experience levels who value flexible position sizes and advanced analysis tools. Spreads start from 0.6 pip on the Standard account and from 0.2 pip with Core Pricing. The proprietary OANDA Trade platform offers advanced charting tools, and MT4, MT5, and TradingView are also available. The product range is focused on forex and CFDs -- stocks, ETFs, and options are not offered. An inactivity fee may apply after 12 months.

Oanda FAQ

Is there a minimum deposit at Oanda?

No, Oanda does not require a minimum deposit. You can start with any amount, making entry particularly flexible.

What do flexible lot sizes mean at Oanda?

At Oanda, you can trade from one unit, instead of the usual standard lots (100,000 units) or mini lots (10,000 units). This enables precise position sizing and is ideal for risk management.

What platforms does Oanda offer?

Oanda offers the proprietary OANDA Trade platform, MT4, MT5, and TradingView. The OANDA Trade platform provides advanced analysis tools and an intuitive user interface.

What products can I trade at Oanda?

Oanda offers forex, CFDs, indices, commodities, bonds, and metals. Stocks, ETFs, and options are not available. The focus is on forex and CFD trading.