OANDA Review

Thinking about trading with OANDA in 2025? We are taking a deep dive into one of the most established names in the online trading industry. We will explore their live pricing, user trust signals, and their world-class regulatory framework to provide a clear and comprehensive overview.

Live Spreads: Competitive Commission-Free Pricing

A primary cost for traders is the spread, the difference between the buying and selling price of an asset. OANDA offers a straightforward, commission-free pricing model, which means the entire cost of the trade is built into the spread that you see. This makes calculating potential costs very simple.

Our live data analysis shows that OANDA's spreads are competitive for a commission-free account structure. This transparent pricing is a key feature for many traders who prefer simplicity. To perform your own direct comparison of OANDA's live spreads against other brokers and instruments, simply use the orange "Edit" button above.

While we are still in the process of aggregating verified user reviews for OANDA, its exceptional reputation and longevity in the market serve as powerful trust signals. Having been a key player since 1996, OANDA has maintained a large and loyal client base for decades. Its high overall rating and strong popularity score indicate widespread satisfaction and reliability within the global trading community.

OANDA Overall rating

OANDA's outstanding overall rating is anchored by its perfect 5.0 score for regulation. This is a testament to its commitment to the highest standards of financial security and transparency. As one of the original online forex brokers, its long and stable history further solidifies its position as one of the most trusted and reliable firms in the industry.

Regulation: A Fortress of Global Licenses

Company	Licenses & Regulations	Segregated Client Money	Deposit Compensation Scheme	Negative Balance Protection	Rebates	Max. Leverage Retail Clients
OANDA Australia Pty Ltd	Australia - AU ASIC					30 : 1
OANDA Europe Limited	United Kingdom - UK FCA		up to £85,000			30 : 1
OANDA Japan Co., Ltd	Japan - JP FSA					25 : 1
OANDA Europe Markets Ltd	Malta - MT MFSA		up to €20,000			30 : 1
OANDA Global Markets Ltd	Virgin Islands, British - BVI FSC					200 : 1
OANDA Asia Pacific Pte Ltd	Singapore - SG MAS					50 : 1

OANDA is one of the most heavily regulated brokers in the world, holding licenses from an impressive list of top-tier financial authorities. This includes the FCA in the UK, ASIC in Australia, the FSA in Japan, and MAS in Singapore, among others. This robust regulatory oversight provides clients with a very high level of security.

Furthermore, clients under certain regulators receive additional protection through investor compensation schemes, such as coverage up to £85,000 under the FCA and up to €20,000 under the MFSA. This multi-jurisdictional framework makes OANDA a benchmark for safety and compliance.

Available Assets: A Focused Selection of Popular Markets

OANDA provides a curated selection of the world's most popular financial instruments. The offering includes a comprehensive range of Forex pairs, as well as CFDs on major stock indices, metals, oil and energies, cryptocurrencies, and various soft commodities. This focused approach allows traders to concentrate on the most liquid and widely-traded markets.

The live symbol search tool above can be used to browse the currently available instruments. It is important to remember that these are primarily traded as CFDs (Contracts for Difference), which allow you to speculate on price movements using leverage without owning the underlying asset.

Live Swap Rates: Earn Credits on Certain Positions

Swap rates, also known as overnight financing fees, are applied to positions held open from one day to the next. Depending on the instrument and trade direction, this can be a charge (debit) or, interestingly, a payment (credit) to your account. The table above displays live swap rates gathered from our connected accounts.

Our live data analysis reveals a notable benefit: OANDA offers positive swaps on certain currency pairs, meaning traders can earn a credit for holding some positions overnight. This is a significant advantage for swing and position traders. As is standard, triple swaps for the weekend are applied on Wednesdays.

Trading Platforms: Award-Winning Proprietary Tech & MT4

OANDA offers a versatile selection of trading platforms to suit different needs. Traders can use the powerful, award-winning OANDA Trade platform, which features advanced charting and analytical tools. Alternatively, they provide access to the globally renowned MetaTrader 4 (MT4) platform, a favourite among traders for its reliability and support for automated trading strategies.

Deposit/Withdrawals: Convenient and Secure Funding

OANDA provides a range of secure and convenient methods for funding your account, including major credit/debit cards, bank wire transfers, and popular e-wallets like PayPal, Skrill, and Neteller. Deposits are generally processed quickly and without fees from OANDA's side for most electronic methods.

It is important to remember that while OANDA may not charge fees for deposits, your own financial institution or payment service provider might impose their own separate service or currency conversion charges. For the most accurate details for your region, please consult the official OANDA website.

OANDA Profile

Segregated Accounts

Accepts Canadian clients

Accepts Japanese Clients

Negative balance protection

Regulatory deposit insurance

Trailing stops

Variable spread

The OANDA profile offers a complete summary of this highly-regulated broker, including its founding year, global office locations, and accepted account currencies. You can find all the essential data compiled for your convenience by FxVerify.

OANDA 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.

Promotions

OANDA's strategy is centered on providing a high-quality, reliable, and heavily-regulated trading environment rather than offering temporary bonuses. Their focus is on core services like advanced platform technology and transparent pricing. For any official updates, clients should refer directly to the OANDA website.