Comprehensive OANDA Review of Regulation, Account Types & More
Abstract：Discover if OANDA is a trustworthy broker. Explore its global regulations, account types, fees, deposit methods, trading platforms, and more in this detailed review.
| OANDA Broker Overview | |
| Feature | Details |
| Founded | 1996 |
| Registered Country/Region | United States |
| Regulation | ASIC, FCA, FSA, NFA, CIRO, MAS |
| Market Instruments | Forex, Cryptocurrencies, Commodities, Indices |
| Demo Account | Available |
| Leverage | Up to 50:1 for Forex, No leverage for Cryptos |
| Spread | From 0.1 pips (depending on account type) |
| Trading Platforms | OANDA Web Platform, MetaTrader 4, TradingView, Mobile Apps |
| Minimum Deposit | No minimum deposit (Premium account requires USD 20,000 minimum) |
| Customer Support | Office: 17 State Street, Suite 300, New York, NY 10004-1501 |
What Is OANDA?
OANDA is a global online trading platform that was established in 2001 and is registered in the United States. It is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). OANDA provides trading services in a variety of markets, including Forex, cryptocurrencies, commodities, and indices.
The platform is widely recognized for its low spreads, user-friendly tools, and robust educational resources. These features make it suitable for both beginner and experienced traders. OANDA also offers demo accounts, allowing users to practice trading with virtual funds before trading with real money.
For Forex trading, OANDA provides flexible leverage options. Traders can access the platform through MetaTrader 4 (MT4), TradingView, or its own proprietary OANDA trading platform, giving them multiple options to execute their trades.
Is OANDA Legit?
OANDA is a well-regulated broker with oversight from several major financial regulatory bodies. Here's a summary of OANDA's regulatory information:
| Regulatory Agency | Status | License Type | Regulatory Jurisdiction | License Number | Licensed Entity |
| Australian Securities and Investments Commission (ASIC) | Regulated | Market Maker (MM) | Australia | 412981 | OANDA AUSTRALIA PTY LTD |
| Financial Conduct Authority (FCA) | Regulated | Market Maker (MM) | United Kingdom | 542574 | OANDA Europe Limited |
| Financial Services Agency (FSA) | Regulated | Retail Forex License | Japan | 関東財務局長（金商）第2137号 | ＯＡＮＤＡ証券株式会社 |
| National Futures Association (NFA) | Regulated | Market Maker (MM) | United States | 325821 | OANDA CORPORATION |
| Canadian Investment Regulatory Organization (CIRO) | Regulated | Market Maker (MM) | Canada | Unreleased | OANDA (Canada) Corporation ULC |
| Monetary Authority of Singapore (MAS) | Regulated | Retail Forex License | Singapore | Unreleased | OANDA ASIA PACIFIC PTE. LTD. |
What Can I Trade on OANDA?
OANDA offers a variety of tradable instruments, including:
| Market Instrument | Available? |
| Forex | ✅ |
| Cryptocurrencies | ✅ |
| Commodities | ✅ |
| Indices | ✅ |
| Stocks | ❌ |
| ETFs | ❌ |
| Options | ❌ |
What Are the Account Types and Fees on OANDA?
OANDA provides several account types tailored to different needs:
| Account Type | Minimum Deposit | Leverage | Spreads | Commission |
| Standard Account | No minimum | Up to 50:1 (Forex) | From 0.1 pips | None |
| Premium Account | USD 20,000+ | Up to 50:1 (Forex) | From 0.1 pips | Discounts on Spreads |
| Demo Account | None | None | Virtual funds | None |
What Trading Platforms Does OANDA Offer?
OANDA supports multiple trading platforms to cater to various user preferences:
| Platform | Device | Target Audience |
| OANDA Web Platform | Web (Desktop, Mobile) | Beginner to Advanced Traders |
| MetaTrader 4 (MT4) | Desktop, Mobile, Tablet | Advanced Traders (Automated Trading) |
| TradingView | Web (Desktop, Mobile) | Chart Enthusiasts, Advanced Traders |
| OANDA Mobile App | Mobile | On-the-Go Traders |
What Are the Deposit and Withdrawal Methods on OANDA?
OANDA supports a variety of deposit and withdrawal methods:
| Deposit Method | Fees | Processing Time |
| Bank Wire Transfer | No fees from OANDA | 1-3 business days |
| Debit Card (Visa/Mastercard) | No fees from OANDA | Immediate |
| ACH Transfer | No fees from OANDA | Immediate (for Instant ACH) |
Risk Disclaimer: Trading involves significant risk, and it is not suitable for everyone. You should only trade with money that you can afford to lose. Please ensure you understand the risks involved and seek independent advice if necessary. OANDA offers leverage on Forex, but be aware that leverage can magnify both gains and losses. Always trade responsibly.
Ready to start trading with OANDA? Open an account today and take advantage of their competitive spreads and advanced trading tools.
Read more
CMC Markets Australia Revenue Surges 34%, But High-Net-Worth Clients Face Tax Phishing Threat
CMC Markets Australia reports a 34% revenue surge. Simultaneously, the company's high-net-worth clients are facing a serious tax-related phishing threat.
E TRADE Review: Traders Report Tax on Withdrawals, Poor Customer Service & Fund Scams
Has your E Trade forex trading account been charged a withholding tax fee? Did your account get blocked because of multiple deposits? Did you have to constantly call the officials to unblock your account? Failed to open a premium savings account despite submitting multiple documents? Is fund transfer too much of a hassle at E Trade? Did you find the E Trade customer support service not helpful? In this E Trade review article, we have shared certain complaints. Take a look!
mBank Exposed: Top Reasons Why Customers are Giving Thumbs Down to This Bank
Do you find mBank services too slow or unresponsive? Do you find your account getting blocked? Failing to access your account online due to several systemic glitches? Can’t perform the transactions on the mBank app? Do you also witness inappropriate stop-level trade execution by the financial services provider? You are not alone! Frustrated by these unfortunate circumstances, many of its clients have shared negative mBank reviews online. In this article, we have shared some of the reviews. Read on!
In-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
For experienced traders, the cost of execution is a critical factor in broker selection. Low spreads, fair commissions, and transparent pricing can be the difference between a profitable and a losing strategy over the long term. This has led many to scrutinize the offerings of brokers like Uniglobe Markets, which presents a tiered account structure promising competitive conditions. However, a professional evaluation demands more than a surface-level look at marketing claims. It requires a deep, data-driven analysis of the real trading costs, set against the backdrop of the broker's operational integrity and safety. This comprehensive Uniglobe Markets commission fees and spreads analysis will deconstruct the broker's pricing model, examining its account types, typical spreads, commission policies, and potential ancillary costs. Using data primarily sourced from the global broker inquiry platform WikiFX, we will provide a clear-eyed view of the Uniglobe Markets spreads commissions prici
WikiFX Broker
Latest News
WikiFX's New Evaluation of ATM Capital LTD: Does its License Protect the Arab Investor?
WikiFXHow a Fake Moomoo Ad Led to the “New Dream Voyage 5” Scam
WikiFXIs Axi Legit? A Data-Driven Analysis of Its Regulatory Standing and Trader Feedback
WikiFXTrive Investigation: High Score, Hidden Risk - The Profit Paradox
WikiFXIn-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
WikiFXFXPesa Review: Are Traders Facing High Slippage, Fund Losses & Withdrawal Denials?
WikiFXCMC Markets Australia Revenue Surges 34%, But High-Net-Worth Clients Face Tax Phishing Threat
WikiFXBessent believes there won't be a recession in 2026 but says some sectors are challenged
WikiFXmBank Exposed: Top Reasons Why Customers are Giving Thumbs Down to This Bank
WikiFXYoung Singaporean Trader Grew USD 52 into a USD 107,700 Portfolio
WikiFXRate Calc
