OANDA Review

4.6

OANDA is a pioneer in online forex trading with over 25 years of history. Known for its reliable historical data and transparent pricing, it remains a top choice for US clients. In 2025, OANDA strengthened its partnership with TradingView and introduced new crypto trading capabilities for eligible regions.

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OANDA Corporation is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the CFTC and is a member of the NFA (No: 0325821).

Pros

Accepts US Clients (CFTC/NFA Regulated)
No minimum deposit
Transparent "Core Pricing" model available
Excellent TradingView integration

Cons

Slow withdrawals compared to competitors
Spreads can widen significantly during news
Limited non-forex assets for US clients

Pricing Models

OANDA offers two main pricing structures. **Spread-Only**: No commissions, costs are built into the spread (ideal for beginners). **Core Pricing**: Raw spreads + a fixed commission (e.g., $5 per $100k). This creates transparency and often lower costs for high-volume traders.

Platform & Data

OANDA's proprietary platform (**fxTrade**) is known for its stability. However, many traders prefer the seamless integration with **TradingView**, allowing you to trade directly from charts using OANDA's superior execution. Their historical data API is an industry standard used by major auditing firms.

FAQs about OANDA

Is OANDA available in the US?

Yes, OANDA is fully regulated by the CFTC and NFA, making it one of the few brokers legally available to US forex traders.

What is the minimum deposit?

There is no minimum deposit required to open an account, although you need sufficient funds to cover margin requirements.

Can I use TradingView?

Yes, OANDA has excellent integration with TradingView. You can connect your account and trade directly from the TradingView charts.

Does OANDA offer crypto?

Yes, OANDA offers spot crypto trading in the US via a partnership with Paxos. In other regions, crypto CFDs may be available.

Is OANDA safe?

Yes, OANDA is regulated by 6 major authorities including the NFA (US), FCA (UK), and ASIC (Australia). It holds client funds in segregated accounts.

Regulatory Risk Warning

Forex trading involves significant risk of loss and is not suitable for all investors. Leveraged trading can result in losses that exceed your deposits.