OANDA
OANDA Global Markets Ltd
Assessment summary
OANDA is one of the oldest forex brokers, operating since 1996 and regulated by top-tier authorities including the FCA, CFTC/NFA, ASIC and CIRO. It offers a $0 minimum deposit, trades from 1 unit, award-winning research and platforms including OANDA Trade, MetaTrader 4/5 and TradingView.
Strengths
- Operating since 1996, one of the longest track records in forex
- Regulated by FCA, CFTC/NFA, ASIC, CIRO, MAS and JFSA
- No minimum deposit on the Standard account
- Trade from as little as 1 unit, ideal for precise risk control
- Award-winning mobile app and research tools
- OANDA Trade, MetaTrader 4, MetaTrader 5 and TradingView
- MarketPulse news, Autochartist and Dow Jones newswire
- Core Pricing account with raw spreads from about 0.4 pips
- API access, VPS and algorithmic trading support
- Copy trading available
- Wide range of forex pairs, indices, commodities and CFDs
Multi-criteria score
A weighted average over criteria that have data only. A “no data” criterion is excluded and lowers data coverage instead.
Data coverage 100% — complete-assessment threshold 70%
- Licensing & regulationWeight 35%9.5/10
Evidence: FCA 542574, CFTC/NFA 0325821, ASIC AFSL 412981, CIRO, MAS, JFSA + BVI FSC SIBA/L/20/1130; operating since 1996
Assessed: November 12, 2026
- Cost transparencyWeight 24%7.5/10
Evidence: Standard spread-only ~1.6 pips EUR/USD avg; Core Pricing ~0.4 pips + $5/side per 100k; Premium up to 30% spread reduction
Assessed: November 12, 2026
- Support qualityWeight 18%8.5/10
Evidence: Award-winning research (MarketPulse, Autochartist, Dow Jones news), webinars, multilingual support
Assessed: November 12, 2026
- Platforms & toolsWeight 12%9.0/10
Evidence: OANDA Trade web/desktop/mobile, MT4, MT5 (selected entities), TradingView, API, VPS
Assessed: November 12, 2026
- Deposits & withdrawalsWeight 12%7.5/10
Evidence: Bank wire, bank transfer, Skrill; $0 minimum deposit
Assessed: November 12, 2026
Legal identity
Legal details are taken from official documents and the regulator's register, and dated.
- Legal name
- OANDA Global Markets Ltd
- Registered in
- UK, US, Australia, Canada, Singapore, Japan, BVI
- Headquarters
- New York, United States
- Official domain
- www.oanda.com
- Founded
- 1996
Regulation & licences
Each licence links directly to the regulator's official register. Company registration is not a financial-services licence and is shown separately.
Financial-services licences
| Regulator | Country | Legal entity | Licence no. | Type | Tier | Verified | Reference |
|---|---|---|---|---|---|---|---|
| ASIC | Australia | OANDA Australia Pty Ltd | AFSL 412981 | AFSL | Tier 1 | Nov 12, 2026 | View on regulator's site |
| CFTC / NFA | United States | OANDA Corporation | 0325821 | FCM / RFED | Tier 1 | Nov 12, 2026 | View on regulator's site |
| CIRO | Canada | OANDA (Canada) Corporation ULC | — | Investment Dealer | Tier 1 | Nov 12, 2026 | View on regulator's site |
| FCA | United Kingdom | OANDA Europe Limited | 542574 | Investment Firm | Tier 1 | Nov 12, 2026 | View on regulator's site |
| BVI FSC | British Virgin Islands | OANDA Global Markets Ltd | SIBA/L/20/1130 | Investment Business | Tier 3 (offshore) | Nov 12, 2026 | View on regulator's site |
Trading accounts
Figures as advertised by the broker on the review date.
| Account | Spread from | Avg EURUSD | Commission | Leverage | Min. deposit | Margin call | Stop out | Swap-free | Base currencies |
|---|---|---|---|---|---|---|---|---|---|
Standard Standard | — | 1.6 | No commission | — | $0 | — | — | — | |
Core Pricing RAW | — | 0.4 | $5 per side / 100k | — | $10,000 | — | — | — | |
Premium Pro | — | — | No commission | — | $10,000 | — | — | — |
Trading conditions & services
Platforms
- MT4
- MT5
- TradingView
- Proprietary
- WebTrader
- Mobile App
- Forex
- طلا و فلزات
- شاخص
- کالا
- سهام CFD
- رمزارز
4,000 tradable instruments
- Copy trading
Client protection
- Segregated client funds
Full review
About OANDA
OANDA has been active since 1996, making it one of the most established names in online forex trading. It started as a currency data provider and is still known for its widely used exchange-rate data. In 2025, FTMO Group announced an agreement to acquire OANDA.
OANDA serves clients through several regulated entities around the world, so each trader is onboarded under the entity for their country of residence.
Regulation
| Regulator | Entity | Licence |
|---|---|---|
| FCA (UK) | OANDA Europe Limited | 542574 |
| CFTC / NFA (US) | OANDA Corporation | NFA ID 0325821 |
| ASIC (Australia) | OANDA Australia Pty Ltd | AFSL 412981 |
| CIRO (Canada) | OANDA (Canada) Corporation ULC | — |
| BVI FSC | OANDA Global Markets Ltd | SIBA/L/20/1130 |
OANDA also operates regulated entities in Singapore (MAS) and Japan (JFSA).
Account types
| Feature | Standard | Core Pricing | Premium |
|---|---|---|---|
| Pricing | Spread only | Raw spread + commission | Reduced spreads |
| EUR/USD (typical) | ~1.6 pips | ~0.4 pips + $5/side per 100k | Up to 30% lower than Standard |
| Minimum deposit | $0 | $10,000 | $10,000 or volume criteria |
The Standard account has no minimum deposit and lets you trade from a single unit of currency, which makes position sizing very precise for beginners. Active traders can move to Core Pricing or Premium for lower trading costs.
Platforms and tools
- OANDA Trade: web, desktop and an award-winning mobile app
- MetaTrader 4 and MetaTrader 5 (MT5 through selected entities)
- TradingView integration (selected regions)
- API, VPS and connectivity with NinjaTrader, MultiCharts and MotiveWave
- Copy trading
Research and education
OANDA's research is one of its strongest points: MarketPulse news and analysis, Autochartist pattern recognition, Dow Jones newswires and client sentiment data. Education includes webinars, a learning centre and video content.
Markets
Forex pairs, indices, commodities, metals, bonds and share CFDs, with availability depending on your region.
Deposits and withdrawals
Bank wire, local bank transfer and Skrill, with no minimum deposit on the Standard account.
FAQ
Is OANDA regulated? Yes. OANDA is regulated by the FCA, CFTC/NFA, ASIC, CIRO, MAS and JFSA, and its international entity is licensed by the BVI FSC.
What is the minimum deposit? There is no minimum deposit on the Standard account.
Which platforms does OANDA offer? OANDA Trade, MetaTrader 4, MetaTrader 5 (selected entities) and TradingView.
This review is based on publicly available information and OANDA's official materials. Leveraged forex and CFD trading carries a high level of risk. Past results do not guarantee future results. Questions? Telegram support @fibonacci_chart
User complaints
Complaints are published after spam checks, removal of personal data and an opportunity for the broker to respond.
There are no published complaints about this broker.
This profile was assessed under methodology v1.0. Spotted a mistake? Report it and we'll review within 48 hours.
Forex and CFD trading carries a high risk due to leverage and you may lose more than your initial deposit. Content on this site is educational and not investment advice.