Oanda Review 2025 (Expert Review)

Oanda Review Summary

Oanda is an online brokerage company that provides trading services in a variety of currencies. They offer 24 hour live chat, email, and telephone support. One of the biggest pluses of Oanda is its ease of use. Their online area lets you easily manage your account, including withdrawal requests, and account history. They also use cutting-edge technology to maintain tighter spreads and allow traders to automate their trading strategies. This can be very helpful for day traders. Using custom chart sizes can help you trade more efficiently. Oanda also offers mobile trading account funding.

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Oanda Platform Features

Oanda main features and highlights
๐Ÿ—บ๏ธ Country of regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 1
๐Ÿ•– Time to open a Oanda account 1-3 Days. *A Oanda demo account can be opened in a few minutes, but live Oanda trading account creation times will vary depending on how long it takes to process your Oanda KYC documents.
๐Ÿ’ณ Wire Transfer Yes
๐Ÿ‘› Depositing with electronic wallet Yes
๐Ÿ’ฑ Number of base currencies supported 9
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Bonds,

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Oanda Financial Regulation

Oanda is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC).

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Oanda Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Oanda include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Oanda can be that the spreads offered on trading financial instruments (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

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Oanda Advantages

One of the main advantages of using Oanda is around the clock service and support as well as research offerings. Not only this, but Oanda has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Oanda with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Oanda makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Oanda offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • Oanda has been in business over 10 years.
  • Oanda offers Hedging.
  • Oanda offers Scalping.
  • Oanda does not have inactivity fees.

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Oanda Disadvantages

Although Oanda has a lot of good points Oanda does not offer the below.

Oanda Review Risk Warning: 74-89% of retail CFD accounts lose money.

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Things to understand when trading with Oanda

Trading with Oanda involves risk. You should only risk capital with Oanda that you can afford to lose. Understand your risk tolerance with Oanda, and have a trading strategy that Oanda is able to help you execute. Oanda is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Oanda give you access too.

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Oanda Trading Fees

Trading fees on Oanda are taken in the form of the spreads Oanda offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Oanda. Oanda fees vary depending on the financial instruments traded and can include, Oanda overnight funding fees, spreads, margins and Oanda inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Oanda account charged by your 3rd party payment provider if your Oanda base currency is different from your Oanda withdrawal method.

NameOandaIC MarketsRoboforex
Account FeesNoNoNo
Withdrawal FeesNoNoYes
Deposit FeesNoNo
Inactivity FeeNoNoNo
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74-89% of retail CFD accounts lose money
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Losses can exceed deposits
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Losses can exceed deposits

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Oanda Financial Instrument Fees

Oanda fees for Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Bonds, are listed below.

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Oanda Stock Trading Fees

The majority of Oanda trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Oanda stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

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Oanda Forex Fees

Commission on Oanda Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Oanda Forex fees is based on their trade size. To calculate Oanda Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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Oanda Non Trading Fees

Oanda non-trading fees include a variety of Oanda brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Oanda trading platform. The most common non-trading fees include Oanda withdrawal fees, Oanda deposit fees and Oanda inactivity fees.

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Oanda Deposit Fees

Oanda does not charge deposit fees. Some brokers charge a deposit fee for some payment methods, Oanda does not do this.

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Oanda Inactivity Fees

Oanda does not charge traders inactivity fees. Oanda does not charge for dormant inactive trading accounts. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

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Oanda Withdrawal Fees

Oanda does not charge withdrawal fees. Withdrawals fees vary between Oanda and Oanda alternatives depending on where you are located and how much money you are withdrawing.

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Oanda Account Fees

Oanda does not charge account fees. Account fees charged differ between Oanda and other brokers. An account is a fee that Oanda and other brokers assesses on all accounts for the ability to keep an account on their platform.

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Oanda Account Opening

The Oanda account registration process is simple, user-friendly, and quick. Within 1-3 Days most Oanda trading accounts are ready for live trades. Our Oanda account was validated in 1 day, but live Oanda trading account verification times will vary depending on the time it takes to process your KYC documents and Oanda trading account application. A Oanda demo account can be opened in a few minutes.

Oanda trading accounts are available in over 188 countries. Oanda is restricted in the following countries.

Apart from the restricted countries a Oanda trading account can be opened globally.

The Oanda trading platform is available for residents in US. Some financial instruments Oanda offer may be restricted in your country.

  • Fast Oanda account opening.
  • Oanda accounts can be opened and KYC can be verified digitally.
  • Oanda minimum deposit is 1 USD / GBP / EURO.
  • Oanda trading account verification may be held up for longer than a day if there is an issue with verifying your account.

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Oanda Deposit And Withdrawal

Oanda Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD are supported by Oanda as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

Oanda offers the following account USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD.

When trading make sure your Oanda trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Oanda has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameOandaIC MarketsRoboforex
Number Of Currencies9104
Base CurrenciesUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKDUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, XAU
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Losses can exceed deposits
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Losses can exceed deposits

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Oanda Deposit Fees and Deposit Methods

Investors can log in to their Oanda trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Oanda trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Oanda Deposit Fees

Making a deposit on your Oanda account is free.

Oanda Deposit Methods

There are several methods through which you can deposit money into your Oanda account. One can use a credit or debit card and Oanda accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Oanda account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Oanda account. Funding methods for Oanda include Bank Transfer, Cheque or Check, Debit cards, Payoneer,.

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Oanda Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your Oanda brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Oanda positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Oanda account.

NameOandaIC MarketsRoboforex
Funding MethodsBank Transfer, Cheque or Check, Debit cards, Payoneer,Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
Withdrawal FeeNoNoYes
Deposit FeeNoVariesNo
riskwarningTry Now

74-89% of retail CFD accounts lose money
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Losses can exceed deposits
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Losses can exceed deposits

Oanda Fees When Withdrawing Your Account Balance

Oanda do not charge withdrawal fees. Some withdrawal fees are out of the control of Oanda and may be due to 3rd party payment providers and your account base currency.

Oanda Withdrawal Methods

Log into your Oanda trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Oanda account to your bank account. To withdraw money from your Oanda account you can use credit or debit cards. Oanda processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Oanda processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

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Oanda Trading Platforms

As there are a number of tradable financial instruments available on the Oanda trading platform. Before investing in the Oanda platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Oanda platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Oanda offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on Oanda is available. Another thing to consider is your financial goals. Make sure that a Oanda account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Oanda account. Ensure that Oanda allows you to focus on the type of trading that you want to focus on.

Make sure Oanda is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Oanda, think about how easy it is to use for your personal needs. Does the Oanda platform offer real-time updates or delayed updates that are more informed? Remember to check if Oanda is well regulated, and what tradeable financial instruments Oanda has. Security is very important when it comes to trading with Oanda.

Oanda Web Trading Platform

A Oanda web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Oanda which acts as a financial intermediary. Oanda is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the Oanda mobile trading platform.

Oanda Apple IOS Trading Platform

A Oanda iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

Oanda Google Play Android Trading Platform

A Oanda Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

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Oanda Mobile Trading User Experience

Oanda mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Oanda mobile trading refers to trading using a mobile phone.

Leading brokerages like Oanda offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Oanda portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Oanda. Once you have download the Oanda trading app, you are ready to begin.

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Oanda Desktop Computer Trading Platform

A Oanda computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Oanda desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Oanda desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

Oanda MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

Oanda PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using Oanda. A trading computer with access to a Oanda PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

Oanda Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the Oanda trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Oanda trading platform is very user friendly on a Mac device.

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Oanda Trading Look And Feel

The Oanda user interface (UI) is what Oanda traders will see and interact with first when trading with the Oanda trading platform. The Oanda is well designed. The goal of the Oanda trading UI is to make the Oanda user's experience intuitive. The Oanda application has good user experience and a good level of customer satisfaction.

Oanda Security

Oanda is a secure trading platform. Oanda offers traders security via 2 factor authentication, SSL encription when trading with Oanda. Oanda trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Oanda. Rate limitation on Oanda suspicious account activities is another layer of protection that is provided for Oanda trading accounts, for example multiple failed login attempts with Oanda. You have the option to further safeguard your account by using Oanda Two-Factor Authentication (2FA), which provides an extra layer of security.

The Oanda trading infrastructure is constantly watched and guarded by a trained team at Oanda In addition, Oanda never send sensitive information without first encrypting on the Oanda trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On Oanda

Available Oanda order types. # market, limit, stop, stop limit, Good until end of day / canceled.

Oanda Market Order

A Oanda market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Oanda market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Oanda market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

Oanda Limit Order

A Oanda limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

Oanda Stop Order

A Oanda stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

Oanda Stop Limit Order

A Oanda stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Oanda stop-limit order triggers a limit order when a stock price hits the stop level. A Oanda stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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Oanda Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

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Oanda Trading Platform Features

Online trading platforms like Oanda are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Oanda. The Oanda trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Oanda.

Oanda Margin Trading

Oanda margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Oanda margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

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Oanda Account Types

Oanda Demo Account

Oanda offers demo accounts that gives traders the ability to purchase and sell Oanda financial instruments in a practice environment, using fake Oanda digital money and live market conditions and data. When you practise on a Oanda demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Oanda platform. Oanda demo accounts allow you to experience and practice a variety of market charts, Oanda trading indicators, and trading strategies using Oanda.

Oanda Standard Account

Oanda offers a standard trading account, allowing Oanda traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Oanda trading platform.

Oanda DMA Accounts

Oanda Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the Oanda financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, Oanda might use direct market access to place trades themselves. Oanda DMA accounts make individual contracts with each liquidity provider.

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Oanda Tradable Financial Instruments

Oanda tradable financial instruments are the financial instruments that are specifically available to trade on the Oanda trading platform. This refers to the different types of financial markets you can trade with through Oanda. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Oanda.

NameOandaIC MarketsRoboforex
CFD TradingYesYesYes
Stock MarketsNo210053
ETFsNoNo
Fractional SharesNoYes
CryptocurrenciesNoYesNo
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74-89% of retail CFD accounts lose money
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Losses can exceed deposits
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Losses can exceed deposits

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Oanda Trading Stocks

Stock trading with Oanda is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Oanda; if you possess the stock on Oanda, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on Oanda involves purchasing and selling stocks and share using Oanda periodically in order to time trades against the stock markets, with the aim of using Oanda to profit from your stock trading. Oanda stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Oanda. Stock traders on Oanda conduct significant study, frequently dedicating several hours every day to market monitoring using Oanda trading tools.

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Oanda Trading ETFs

What Are ETFs

Oanda does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

Oanda does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

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Oanda Trading Cryptocurrencies

Oanda does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by Oanda, so you will need to find a Oanda alternative that allows you to buy and sell the underlying cryptocurrency assets. Oanda CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Oanda alternative and make sure you undertand the risks fully before trading.

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Oanda Forex Trading

Forex trading with Oanda is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Oanda. The main aim of Oanda Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Oanda. As a Oanda Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Oanda. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Oanda. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Oanda.

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Oanda Commodities Trading

Commodity trading is a type of trading available on Oanda where individuals or businesses buy and sell financial instruments using Oanda related to commodities, such as metals or oil.

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Oanda Options Trading

Oanda options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Oanda option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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Oanda Futures Trading

Futures trading with Oanda is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Oanda to facilitate the trade. A Oanda futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Oanda. Typically, futures contracts are traded on an exchange such as Oanda; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Oanda trader to the contract agrees to provide it.

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Oanda Bonds Trading

Bonds trading on Oanda is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Oanda trader. Bonds can be bought and sold on Oanda after they are issued. While some bonds are traded publicly through Oanda, most trade over-the-counter between large broker-dealers like Oanda acting on their clients' or their own behalf. Yield is therefore based on the Oanda purchase price of the bond as well as the coupon.

Oanda CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameOandaIC MarketsRoboforex
Forex CFD556135
Index CFD2530
Stock CFDNo1108400
ETF CFD3050
Commodity CFD2020
Crypto CFDNoYesNo
riskwarningTry Now

74-89% of retail CFD accounts lose money
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Losses can exceed deposits
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Losses can exceed deposits

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Oanda Trading Research Tools

Taking advantage of Oanda trading research tools which are designed to help traders analyse potential investments using the Oanda trading platform. Some Oanda research tools include charts, technical analysis, and Oanda trading indicators.

Oanda Trading News

Traders can follow the markets and make wise investment decisions on Oanda by using the news to help form a strategy when it comes to choosing investments. A Oanda news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

Oanda Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Oanda economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

Oanda Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Oanda fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

Oanda Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Oanda are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

Oanda portfolios

Trading portfolios are useful when trading with Oanda.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A Oanda trading portfolio is a traders collection of investments, which may include a variety of Oanda financial instruments.

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Oanda Payment Methods

A Oanda payment method is required to fund your Oanda trading account before placing a buy or sell order on a financial instrument.

When trading with Oanda, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Oanda do not have any control over.

NameOandaIC MarketsRoboforex
Payment MethodsCredit Card, JCB Card, Neteller, Skrill, Swift, Wire TransferBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
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74-89% of retail CFD accounts lose money
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Losses can exceed deposits
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Losses can exceed deposits

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Oanda Withdrawl Methods

When trading with Oanda at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Oanda account balance. Oanda may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your Oanda account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

Oanda Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Oanda account.

Withdrawal requests can take up to three business days to be processed by Oanda.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your Oanda should arrive in less than 24 hours.

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Oanda Customer Support

Customer support represents the resources within the Oanda company that provides technical assistance to its customers after they use the Oanda service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

Oanda offer email, livechat, phone, customer support.

Oanda Email Support

Oanda offers email support.

Email support is a a convenient method of Oanda customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Oanda regarding your support request.

Oanda Livechat Support

Oanda offers livechat support.

Oanda live chat support is a way for customers to obtain help from Oanda through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

Oanda Telephone Support

Oanda offers telephone support.

Oanda telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the Oanda call centre to give or take information.

Oanda Average Support Response times

Contact Method Average Response Time
Oanda Live Chat 4 minutes
Oanda Email 6 hours
Oanda Phone 5 minutes

We tested the customer service response times of Oanda on Monday, January 13, 2025.

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Oanda Educational Resources

Oanda educational resources are used throughout the Oanda learning environment to help and assist with customer's development and learning of trading on Oanda. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Oanda trading tools. Educational resources like some of the resources available with Oanda are a good as part of a wider set of educational guides and information from else where online.

Some of the Oanda trading guides and information that we found useful included forex trading courses, market psychology webinars, platform tutorials, daily news.

Oanda Trading Platform Tutorials

Oanda offer a range of learning resources and tutorials and guides made available to registered Oanda users. The Oanda guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Oanda users on basic trading principles.

Oanda Trading Videos

Oanda offer a selection of online trading videos.

Trading videos on Oanda help new and even more experienced investors gain insights into Oanda technical analysis tools and how the different financial markets work when trading on Oanda.

Oanda trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs. Some Oanda training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Oanda to trade live financial markets.

Oanda Webinars

Oanda offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Oanda clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Oanda trading platform.

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Oanda Financial Regulation When Trading

Financial regulations on Oanda protect consumers' investments. Regulations prevent financial fraud and limit the risks that Oanda as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Oanda financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is Oanda Regulated?

Oanda is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC).

Oanda is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Oanda are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Oanda investors, directly with financial regulators in your country.

Oanda Regulatory Protection Limits

When registering with Oanda you must check with regulatory body your Oanda trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Oanda account is over seen by. Oanda client funds are stored in segregated 3rd party bank account in accordance with Oanda financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

Oanda Trading Signals

Oanda does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does Oanda make money?

Because Oanda acts as an intermediary, Oanda gets compensated on buy and sell transactions of financial instruments. As a result, Oanda profit is determined by the volume and number of transactions. Oanda earns revenue to fund their Oanda platforms and wide range of trading services through market spreads.

Can you buy shares on Oanda?

Oanda does not provide customers with real company shares trading. Oanda offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and Oanda on the speculative up or down price movement on an agreed stocks price movement.

Does Oanda offer Cryptocurrency?

Oanda does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

Oanda Lower fees, lower costs?

Oanda have reasonable trading fees and costs. Oanda may charge a deposit fee. Oanda may charge a withdrawal fee. Some withdrawal fees are out of the control of Oanda and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

Oanda minimum deposit is 1 USD / GBP / EUR.

How to start your Oanda account?

You can sign up for a live or demo Oanda trading account by visiting Oanda and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Oanda account here.

How's the Oanda trading app?

Oanda allow traders to trade financial markets on iOS, Android and Windows supported mobile devices.

You can tryout the Oanda trading app here. 74-89% of retail CFD accounts lose money

Is the quality of Oanda customer service satisfactory?

Oanda have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

Oanda is a good trading platform for new traders as Oanda offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from Oanda?

Oanda offer a good selection of withdrawal options. Once Oanda have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

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Ashly Chole - Senior Finance & Technology Editor

Oanda Review 2025 (Expert Review) guide updated 11/01/25