Forex Broker

OANDA

OANDA is a globally recognised broker with over 25 years’ experience in FX trading services. They offer a range of services including forex trading, currency conversio...

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Basic Information

Full Company Name: OANDA Corporation
Country: United States
Founded: 1996
Minimum Deposit: $0
Trading Platforms: OANDA Trade platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Minimum Trade Size: Varies by instrument
Business Model: Market Maker (MM)
Deposit Methods: Bank transfers, credit/debit cards, PayPal, Skrill
Server Time Zone: GMT-5 (Eastern Standard Time)
Email: [email protected]
Phone: +1 212-858-7690
Headquarters Address: 135 West 41st Street, 10036 New York, United States

Regulatory Information

  1. National Futures Association (NFA)
    • License Number: 0325821
    • Regulatory Details: OANDA Corporation is registered with the NFA, ensuring compliance with regulatory standards in the United States.
  2. Commodity Futures Trading Commission (CFTC)
    • License Number: 0325821
    • Regulatory Details: OANDA Corporation is a registered Futures Commission Merchant (FCM) with the CFTC, providing additional oversight in the United States.
  3. Financial Conduct Authority (FCA)
    • License Number: 542574
    • Regulatory Details: OANDA Europe Limited is authorized and regulated by the FCA, ensuring compliance with financial regulations in the United Kingdom.

Account Types

Account Type Standard Account Premium Account Core Account
Minimum Deposit $0 $20,000 $0
Spreads From 1.0 pips From 1.0 pips From 0 pips
Commission None None Varies by instrument
Tradable Instruments Forex, Commodities, Indices, Bonds, Metals, CFDs Forex, Commodities, Indices, Bonds, Metals, CFDs Forex, Commodities, Indices, Bonds, Metals, CFDs
Trading Platforms OANDA Trade platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5) OANDA Trade platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5) OANDA Trade platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Leverage Varies by regulatory region Varies by regulatory region Varies by regulatory region
Order Execution Market Execution Market Execution Market Execution
Swap-Free Option Available Available Available
Hedging Margin 50% 50% 50%
Margin Call Level 100% 100% 100%
Stop-Out Level 50% 50% 50%
Minimum Trade Lot Size 0.001 lots 0.001 lots 0.001 lots
Maximum Trade Lot Size 100 lots 100 lots 100 lots
Maximum Number of Positions No limit No limit No limit

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