OANDA Review: US forex broker regulated in UK, Australia, Singapore

A pioneer OANDA-logo-250broker with global touch and many years of experience, OANDA offers forex, CFDs trading and related services to both retail and institutional customers on a selection of trading platforms. It is one of the few forex brokers left to operate on the US retail market.

Although Its spreads are not among the tightest in the industry and leverage is capped to 1:50, OANDA offers low-cost trading and doesn’t charge commissions. It is a good and reliable choice of a brokerage, as it is regulated by multiple authorities across the world.

 

Regulation: CFTC (US), FCA (UK), ASIC (Australia), IIROC (Canada), MAS (Singapore), SFC (Hong Kong)
Online since: 1996
Execution: Market Maker
Trading platforms: fxTrade (in-house), Protrader Multi-Connect (PTMC), and MetaTrader 4 (MT4)
Min. Deposit: No ($1)
Min. Trade size: No ($1)
Max. Leverage: 1:50

Cost of trading

Spread: 1.4 pips on EUR/USD
Commission: No
Bonus: No

Latest news about Oanda

US retail forex deposits continue to grow in Dec 2016, Interactive Brokers outgrows market

Multi-asset brokerage Interactive Brokers registered a monthly growth in retail forex deposits of 8.8% in December 2016, outgrowing significantly the market which

Oanda partly moves server to Equinix’ SG3 data center in Singapore

Canada-based forex brokerage group Oanda said on Tuesday it has moved part of its IT equipment to Singapore in SG3, the newest

Oanda launches website for feedback on fxTrade trading platform

Canada-based forex brokerage group Oanda has launched Oanda Prototypes, a new website for sharing and gathering information about the functionality and design

Odey raises stake in Plus500 amid FCA-caused stock price dip

Amid the turmoil and the dive the stocks of the UK forex brokers took upon the news of Financial Conduct Authority’s plans

XM, Oanda, raise margins around Italy’s referendum, RoboForex warns of volatility

Oanda and XM have joined the list of forex brokers who are temporarily raising the margin requirements on some instruments, or are

US forex brokers post 2016’s highest retail client deposits in Oct

Retail forex deposits with US brokers amounted to $520.3 million in October 2016, reaching their highest since the beginning of the year,

PsyQuation trading analysis app partners up with Oanda

PsyQuation, the Australian-based software company that developed and provides the eponymous behavioral analytics tool for traders and brokers, has signed a partnership

US retail forex deposits stay flattish in Sept 2016

The amount of retail client deposits with US brokers stayed relatively unchanged at $518.6 million in September 2016, posting just a slight

Oanda launches v20 trading engine, execution speed at “1/30th of the blink of an eye”

Oanda, the Canadian-based forex brokerage that is among the major players on the global forex market, announced it is launching v20 –

Oanda Japan expands trading portfolio with TRY/JPY, ZAR/JPY forex pairs

Oanda Japan, the subsidiary of the Canadian forex brokerage Oanda Corporation, announced it is expanding its trading portfolio by adding two forex