OANDA is a well-established global broker with over 25 years of experience in the financial markets.
Offering a wide range of trading services, including Forex, shares, cryptocurrencies, and commodities, OANDA is known for its trusted and market-leading reputation.
With a focus on providing a secure trading environment, the company offers a variety of online trading platforms and tools to cater to different trading styles. Traders can access over 68 forex pairs with tight spreads, five days a week.
OANDA's mobile app allows traders to trade popular instruments on the go, with features like instant quotes, free charting, and low commissions. The company's commitment to transparency, reliability, and customer support makes it a preferred choice for many traders globally.
Promotions and Bonuses
Refer a friend and earn up to US$1,000 each
When you refer a friend to OANDA, not only could you earn up to US$1,000 for yourself, your friend could also earn up to US$1,000*. You can refer an unlimited number of friends.
Trading Details
Additional Detail
Fees and Spreads
1. Spread-only pricing
With this account type, our commission is wrapped into the spread we offer so the spread is the only cost you pay.
2. Commission + core spread pricing
Access a reduced spread relative to our spread-only pricing account. You only pay a fixed commission per trade. The total cost for each trade will be the sum of the applicable core spread plus commission. Our core pricing spreads start from 0.1, with $40 commission per million USD traded.
Commission + Core pricing vs spread only
3. Inactivity Fee:
OANDA does charge an inactivity fee if there has been no trading activity for a period of 12 months. The inactivity fee is £10 per month after one year of inactivity
Education and Research
Webinars
OANDA regularly hosts webinars on a range of trading topics, including market analysis, trading strategies, and risk management.
Trading Guides
OANDA provides free trading guides covering a range of topics, such as technical analysis, charting, and fundamental analysis.
Videos
OANDA offers a collection of educational videos covering a variety of topics, such as trading psychology, risk management, and technical analysis.
Economic Calendar
OANDA’s economic calendar provides traders with the latest information on economic events and their potential impact on the markets.
Trading Platform Tutorials
OANDA provides tutorials and guides to help traders understand how to use their trading platforms, including the OANDA trading platform and MetaTrader 4.
Forex Labs
OANDA’s Forex Labs provides traders with access to experimental tools and indicators to help them better understand the markets.
Customer Support
1. Live Chat: Clients can access live chat support through OANDA’s website or trading platform. This support option is available 24/7.
2. Phone Support: OANDA offers phone support during business hours. The phone support number varies by location and is available on OANDA’s website.
3. Email Support: Clients can email OANDA’s customer support team at support@oanda.com. The support team aims to respond to emails within 24 hours.
4. FAQs: OANDA’s website features an extensive FAQ section and a variety of online resources, including educational materials, trading guides, and webinars. The website link is https://www.oanda.com/resources/.
5. Social Media: Clients can connect with OANDA through social media channels such as Twitter and Facebook. The Twitter handle is @OANDA and the Facebook page is https://www.facebook.com/oanda.fx/.
Comments
Stay away from OANDA! Their customer support is nonexistent. No response to my inquiries and issues. Can't trust them with my money!