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OANDA

Forex Brokers

OANDA offers forex and CFD products through multiple regional entities. Its official help pages show that minimum-deposit rules and account options depend on the entity and account type: the UK page states no minimum deposit or balance, while the U.S. page lists an exception for Premium status. Products, leverage, spreads, commissions, investor protections, and platform access can therefore differ by country. OANDA provides its own fxTrade platform and may offer MT4, MT5, or API access in supported regions.

Data status: partially verifiedLast verified: 2026-08-02Provider website

Tradivex does not independently verify every listing. Confirm fees, licence details, eligibility, and availability before using a service.

Catalog tags

Forex & CFD Traders Algorithmic Traders Professional Traders

Risk Warning

Trading financial instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Leverage trading can amplify both profits and losses. Past performance is not indicative of future results. Before trading, please consider your level of experience, investment objectives, and seek independent financial advice if necessary.

Key Features

Tight Spreads
No Min Deposit
Advanced API
MT4 & MT5
fxTrade Platform
Premium Research

Listed highlights

  • Region-specific account options
  • Published help documentation
  • API and third-party platform access in supported regions
  • Multiple regional entities
  • Demo access may be available

Listed considerations

  • Limited product range outside forex
  • Higher spreads on standard accounts
  • No fixed spread accounts
  • US clients have restricted leverage

Quick Comparison

FeatureOANDAEightcapGlobal PrimeSwissquoteAdmirals
RatingNot availableNot availableNot availableNot availableNot available
PricingRegion-specific spreads and commissionsAccount, instrument and jurisdiction dependentAccount, instrument and jurisdiction dependentProduct/market-specificAccount and instrument dependent
Founded19962009201019962001

Frequently Asked Questions

Does OANDA have a minimum deposit?
It depends on the OANDA entity and account type. OANDA's UK page states no minimum deposit or balance, while its U.S. page lists a minimum for Premium status. Check the regional account terms.
Is OANDA regulated in the US?
Yes, OANDA is registered with the CFTC and is a member of the NFA in the United States, making it one of the few forex brokers available to US residents.
What platforms does OANDA offer?
OANDA offers its proprietary fxTrade platform plus full MetaTrader 4 and MetaTrader 5 integration. Advanced traders can use OANDA's REST and streaming APIs.
How are OANDA's spreads?
Spreads and commissions vary by entity, instrument, account type, and market conditions. Use the applicable regional pricing page rather than assuming one global spread.
Pricing
Pricing depends on the OANDA entity, instrument, account type, and market conditions. Review the applicable regional pricing page for spreads, commissions, financing, and other charges.
Min Deposit
Region and account dependent; $0 stated for some standard accounts
Founded
1996
Mobile App
Yes
Demo Account
Yes
Withdrawal
1-3 business days
Support
24/5 Phone, Email, Live Chat
Regulation
FCA/CFTC/NFA/ASIC/MAS/CIRO and other entity-specific regulators

Licence number and legal-entity verification: not recorded. Check the regulator directly.

Platforms
WebDesktopiOSAndroidMT4MT5API
Deposit Methods
Bank TransferCredit/Debit CardPayPalWire Transfer