OANDA review
OANDA review: regulation (CFTC - Commodity Futures Trading Commission NFA - National…), minimum deposit 1, leverage up to 1:500, platforms and current…
Trading conditions
- Broker type
- STD / ECN
- Minimum deposit
- 1
- Maximum leverage
- 1:500
- Minimum spread
- 0.0
- Platforms
- MetaTrader 4 (MT4)
- Account currencies
- USD
Bonuses
- No deposit bonus
- No
- Welcome bonus
- Yes
- Other promotions
- Yes
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Moneybookers - - Neteller - MasterCard - VisaCard
- Withdrawal methods
- Moneybookers - - Neteller - MasterCard - VisaCard
Company
- Regulation
- CFTC - Commodity Futures Trading Commission NFA - National Futures Association
- Founded
- 2010
- Country
- USA
- Address
- OANDA CorporationCorporate Office140 Broadway, 46th FloorNew York, NY 10005USA
- Website languages
- Arabic Chinese Danish Dutch English French German Hindi indonesian Bangla
- Phone
- +1 212 858 7690
- Email or Skype
- [email protected]
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Latest OANDA bonuses and promotions
All offers
OANDA pros and cons
Pros
- Regulated by CFTC - Commodity Futures Trading Commission NFA - National…
- Low minimum deposit: 1
- Raw spreads from 0.0
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
OANDA FAQ
Is OANDA a safe and regulated broker?
OANDA was founded in 2010 and is regulated by CFTC - Commodity Futures Trading Commission NFA - National Futures Association. Client funds are held in segregated accounts. Your protection depends on which OANDA entity opens your account.
What is the minimum deposit at OANDA?
The minimum deposit at OANDA is 1. Payment providers may set their own minimum amount.
What is the maximum leverage at OANDA?
OANDA offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does OANDA offer a no deposit bonus?
No. OANDA does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.
Which trading platforms does OANDA offer?
OANDA supports MetaTrader 4 (MT4). Mobile trading is available.
Does OANDA allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does OANDA offer an Islamic (swap-free) account?
Yes. OANDA offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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OANDA at a glance
- RegulationCFTC - Commodity Futures Trading Commission NFA - National Futures Association
- PlatformsMetaTrader 4 (MT4)
- Account currenciesUSD
- LanguagesArabic Chinese Danish Dutch English French German Hindi indonesian Bangla
- Phone+1 212 858 7690
- Email / Skype[email protected]
- Fax+1 212 208 4356
- Head officeOANDA CorporationCorporate Office140 Broadway, 46th FloorNew York, NY 10005USA