Oanda Profile
General Information
Broker Name
Oanda
Broker type
Market Maker
Country
United States
International offices
Regulation
NFA (US)
Address
140 Broadway, 46th Floor New York, NY 10005, USA
Broker status
Broker
Accepting US clients?
Yes
Account Options
Account Currency
USD, GBP, EUR, CHF, JPY, CAD, SGD, HKD, AUD
Funding/Withdrawal methods
Wire Transfer, Debit Card
Swap free accounts
No
Segregated accounts
No
Interest on margin
Yes
Managed accounts
No
Accounts for money managers (MAM, PAMM)
No
Customer service
Phone
Toll Free # per region (# will be routed to the active CX desk globally) -Toll free in Canada and the United States: 1 877 626 3239 -United States: 212-252-2129
Fax
1 212 208 4356 or 1 877 264 2220
Email
Languages
English, Spanish, Chinese
Availability
Phone, Chat, Email, FAX
Trading
Trading Platforms
FXTrade, MetaTrader 4, Oanda
Trading platform(s) timezone
(GMT -4:00) Atlantic Time (Canada), La Paz, Santiago, Georgetown
Demo Accounts
Yes
Mobile trading
Yes
Web based trading
Yes
API
Yes
OCO orders
No
Trading over the phone
No
Hedging allowed
No
Trailing stops
Yes
One click trading
Yes
Bonuses
No
Contests
No
Other trading instruments
Cryptocurrency, Forex
Account
Minimum deposit ($)
0.0
Maximal leverage (1:?)
50
Minimum lot size
0.1
Maximum lot size
600.0
Max lot size per click is 100 Lots
Commission
50.0
$50/Mil commission for Core pricing
Spread based pricing
Spread based pricing
Spread
Variable
Decimals
5 decimals
Scalping allowed
Yes
General information about Oanda
OANDA uses innovative computer and financial technology to provide Internet-based forex trading and currency information services to everyone, from individuals to large corporations, from portfolio managers to financial institutions. OANDA is a matched principal and a trusted source for currency data. It has access to one of the world's largest historical, high-frequency, filtered currency databases.
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
OANDA CORPORATION IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS
Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. OANDA Corporation is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company exchange. Any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of OANDA Corporation. Digital assets held with Paxos are not protected by SIPC. Paxos is not an NFA member and is not subject to the NFA’s regulatory oversight and examinations.
Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
OANDA CORPORATION IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS
Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. OANDA Corporation is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company exchange. Any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of OANDA Corporation. Digital assets held with Paxos are not protected by SIPC. Paxos is not an NFA member and is not subject to the NFA’s regulatory oversight and examinations.
Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.