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OANDA US Forum Discussion
A forum thread dedicated to questions, answers and issues related to OANDA US
Written by
Angelo Martins 
Written by
Angelo Martins
Head of Content & Broker Expert
With 12+ years of experience in finance and trading, I leverage my extensive expertise as a lead content creator and broker expert at Clear Markets Ltd. In this role, I personally evaluate numerous listed brokers, conducting thorough assessments to provide unbiased insights. From opening live trading accounts to testing deposit and withdrawal methods, executing transactions, and engaging with customer services, I ensure a firsthand, transparent evaluation process.
Beyond my professional endeavours, I am deeply passionate about researching the financial industry and brokers. Drawing from my extensive experience in trading, including personally investing all of my savings in the capital markets, I am committed to making the complexities of personal investing accessible to everyone.
Beyond my professional endeavours, I am deeply passionate about researching the financial industry and brokers. Drawing from my extensive experience in trading, including personally investing all of my savings in the capital markets, I am committed to making the complexities of personal investing accessible to everyone.
Fact checked by
Evelina Laurinaityte
Fact checked by
Evelina Laurinaityte
Broker Partnerships Manager & Support Team Leader
Accomplished Broker Partnerships Manager and Customer Support Team Leader, I specialize in leveraging data-driven insights to enhance financial strategies and foster business growth, particularly within the retail sector. With a robust background as a Data Manager and Financial Analyst, my expertise lies in utilizing analytical approaches to optimize trading outcomes and investment strategies for clients.
Having previously worked with multiple CFD brokers in Cyprus, I maintain a strong commitment to staying current with industry trends. My analytical skills are pivotal in recommending tailored trading solutions that align with clients' specific needs and investor profiles.
Having previously worked with multiple CFD brokers in Cyprus, I maintain a strong commitment to staying current with industry trends. My analytical skills are pivotal in recommending tailored trading solutions that align with clients' specific needs and investor profiles.
Human moderated by
Jason Peterson
Human moderated by
Jason Peterson
Co-founder
As a Co-founder of Clear Markets Ltd, I help guide the technical and business strategy of brands under the Clear Markets umbrella. With a background in IT, I co-founded Clear Markets shortly after becoming a trader. I'm an active trader with experience in forex, crypto and stock trading. I enjoy exercise, taking family trips, and creating.
Last updated
March 2025
Advertising disclosure ⇾
Continual Updates
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Last updated: 13 Mar 2025
We earn commissions from some affiliate partners at no extra cost to users (partners are listed on our ‘About Us’ page in the ‘Partners’ section). Despite these affiliations, our content remains unbiased and independent. We generate revenue through banner advertising and affiliate partnerships, which do not influence our impartial reviews or content integrity. Our editorial and marketing teams operate independently, ensuring the accuracy and objectivity of our financial insights.
Read more about us ⇾OANDA US User reviews
4.5
(8
)
Ranked 9 out of 1751 (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.
20 February 2022
Richard Jestus
Approved reviewer
Location: United States
20 February 2022
5.0
Approved reviewer
I have had no problems with OANDA with the platforms and funding always goes as planned either by depositing and making withdrawals. Been at this for a while and good brokers are hard to find.
1
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23 February 2021
Prataprai Kaneria
Approved reviewer
Location: United States
23 February 2021
5.0
Approved reviewer
Oanda is the most honest forex uS broker in my opinion. I never had problems like frozen platform when I am in profit. Forex.com may be worst forex broker out there. They do not even let download complete history data for the instrument of your choice. They freeze platform when you are making profit and would not let you book your profit.
17 March 2020
Exxxx Bxxxx
Verified reviewer
Location: United States
Account types: MT4
17 March 2020
5.0
Verified reviewer
Great broker
10 February 2020
Dxxxx Hxxxx
Approved reviewer
Location: United States
10 February 2020
4.0
Approved reviewer
service is great but slow getting funds credited and withdrawn
28 January 2020
US Trader
Approved reviewer
Location: United States
28 January 2020
4.0
Approved reviewer
decent broker. the swap rate is really concerning.
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 Overall rating
4.4
Ranked 27 out of 1751 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
| Rating | Weight | |
| User Rating |
4.5 (8 reviews)
 |
3 |
| Popularity |
|
3 |
| Regulation |
|
2 |
| Pricing rating |
|
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 |
| Allowed Countries | United States |
| 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 Account types
| MT4 | fxTrade | |
| Maximum leverage | 50:1 | |
| Mobile Platform | MT4 Mobile | - |
| Trading platform | MT4 | fxTrader |
| Spread Type | Variable Spread | |
| Minimum Deposit | 0 | |
| Minimum Trade Size | 0.01 | |
| 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 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 | 5,035,546 (100%) |
| Organic traffic rank | 8 out of 1751 (Forex Brokers) |
| Paid monthly visits | 24,758 (0%) |
| Total monthly visits | 5,060,304 |
| Bounce rate | 44% |
| Pages per visit | 4.31 |
| Average visit duration | 00:02:08.2740000 |
OANDA US User reviews
My Review
4.5
(8
)
Ranked 9 out of 1751 (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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We display the reviews we reject as spam or vote fraud. Not all rejected reviews are displayed, for example reviews advertising a website or service.
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.
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.
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:
![]()
Forex pairs are 100,000 units per 1 lot
Units per 1 lot vary on non-forex pairs, please check with your broker
In MT4 and MT5 right click a symbol and then click Specification. The Contract Size field tells how many units are in one lot.
View image
Units per 1 lot vary on non-forex pairs, please check with your broker
In MT4 and MT5 right click a symbol and then click Specification. The Contract Size field tells how many units are in one lot.
View image
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