Written by Angelo Martins
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Last updated July, 2024

Oanda US Overall rating

4.4
Ranked 22 out of 827 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 3
Popularity
4.0
3
Regulation
5.0
2
Pricing rating
4.0
1
Features
Not rated
1
Customer Support
Not rated
1

Oanda US Profile

Company Name OANDA Corporation
Categories Forex Brokers, Forex Rebates
Primary Category Forex Brokers
Year Founded 1996
Headquarters United States
Office Locations Australia, Japan, Singapore, United Kingdom, United States
Account Currency AUD, CAD, CHF, EUR, GBP, JPY, SGD, USD, HKD
Client funds bank JPMorgan Chase Bank, HSBC
Support Languages English
Funding Methods Bank Wire, Cheque, ACH, Debit Card
Financial Instruments Forex
Prohibited Countries Iran
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

Oanda US Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
fxtrade.oanda.com
Organic monthly visits 5,464,460 (99%)
Organic traffic rank 9 out of 827 (Forex Brokers)
Paid monthly visits 27,802 (1%)
Total monthly visits 5,492,262
Bounce rate 48%
Pages per visit 3.57
Average visit duration 00:02:11.9960000

Oanda US Account types

  MT4 fxTrade
Maximum leverage50:1
Mobile PlatformMT4 Mobile-
Trading platformMT4fxTrader
Spread TypeVariable Spread
Minimum Deposit0
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  MT4
Maximum leverage 50:1
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 0
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  fxTrade
Maximum leverage 50:1
Trading platform fxTrader
Spread type Variable Spread
Minimum deposit 0
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

Oanda US User reviews

4.4
(8 )
Ranked 23 out of 827 (Forex Brokers)
This rating is based on 2 reviews by users that proved they are real customers of this company and 6 that did not. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.

Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.

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Oanda US Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  MT4 fxTrade
Forex$1.00 Per Lot Per 100K USD Traded (paid at $0.50 Per Side)
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  MT4
Forex $1.00 Per Lot Per 100K USD Traded (paid at $0.50 Per Side)
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  fxTrade
Forex $1.00 Per Lot Per 100K USD Traded (paid at $0.50 Per Side)
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

Notes

Forex Rebates are paid per side.

We cannot open an account for Canadian Residents.

Rebates are not paid on Premium accounts.

What are Oanda US rebates?

Oanda US rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do Oanda US rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much Oanda US rebates can I earn?

Use our forex rebate calculator to estimate your Oanda US rebate earnings:

 
You must enter a valid number

Oanda US Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Oanda (Canada) Corporation ULC up to $1,000,000 50 : 1
Oanda Corporation 50 : 1

Oanda US Symbols

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