Oanda
Founded in 1996, OANDA is one of the world's leading online trading groups, offering multi-asset trading, currency data, and analytics to clients around the globe.
We started by providing free exchange rate data on the Internet, then launched a forex trading platform that helped pioneer web-based currency trading and today we remain dedicated to building smarter trading experiences
"Terrible Broker with Spread Liquidity Sweeps"
What do you like best about Oanda?
Nothing, Oanda is complete trash! It's been a terrible experience! There is no portfolio performance stats or charts to help traders analyze their past performance. The platform charting system doesn't save traders charts/work correctly. There is nothing worse than adding technical analysis tools like S/R levels, moving averages, and other indicators to your charts, only to find everything gone the next time you login to your account. The insanely huge spread liquidity sweeps intended to stop traders out of their positions are ridiculously out of control! Customer service is none existent
What would you improve about Oanda?
I would integrate portfolio performance system which includes stats and charts to help traders analyze their performance. I would also make the platform charting system save traders work correctly. There is nothing worse than adding technical analysis tools like S/R levels, moving averages, and other indicators to your charts, just to find everything gone the next time you login to your account. I'd also make the spread liquidity sweeps intended to stop out client positions come to a stop!
Overall
It's been a terrible experience! There is no portfolio performance stats or charts to help traders analyze their past performance. The platform charting system doesn't save traders charts/work correctly. There is nothing worse than adding technical analysis tools like S/R levels, moving averages, and other indicators to your charts, only to find everything gone the next time you login to your account. The insanely huge spread liquidity sweeps intended to stop traders out of their positions are ridiculously out of control! Customer service is none existent,
"Amazing platform and features"
What do you like best about Oanda?
The professionalism, ease of use and platform layout. OANDA makes it simple to trade my account with confidence. Thank you!
What would you improve about Oanda?
Add MT5, nothing else ready that I can think of. Add more crypto?
Overall
Great experience. Customer service always helps. An issue popping up is a rare thing anyways!
"Oanda Review"
What do you like best about Oanda?
Great for small accounts and first timers just dabbing their toes into Forex trading. Easy to use and understand.
What would you improve about Oanda?
Bring us MT5 access!!! MT4 is nice, but we need Oanda to bring it to the current age of the MetaTrader app with version 5!
Overall
Great!!! Oanda has been a wonderful first time broker for me personally!
"Simple the Best"
What do you like best about Oanda?
When it comes to Forex Oanda has no equal, its is regulated and fair.
What would you improve about Oanda?
Maybe they could introduce social/copy trading
Overall
It is a complete platform, the broker is well regulated orders are executed in timely manner. ACH deposits are available...
"Trade with less"
What do you like best about Oanda?
The fact that you could deposit and trade with a little amount of money($10).
What would you improve about Oanda?
The Leverage amount needs to be increased.
Overall
My experience has actually been Fair/Good despite my losses.
"Spread 1000pips"
What do you like best about Oanda?
That is licensed in several countries and have good trading conditions overall but they don’t want to clarify why they applied a spread/sliplage bwtween 700 and 1000 pips
What would you improve about Oanda?
Customer service is useless and ignorant about how it is working market, stop and limit orders.
Overall
In my account on 24th june 2025 my ea placed 3 sell stop on us100, 1 x sell stop at 21990.2 and 2 x sell stop at 22008.6.
As per historical transactions the 3 sell stop orders have been executed at 21222.3 (between 700 and 1000 pips of spread/slippage) on 24th june 2025 at 18:16:44 (broker time gmt +2)
I ask clarification they told me it’s my ea issue, but this is a bullshit since everyone can see that the price on us100 on 24th june 2025 at 18:16:44 (broker time greece time zone) was between 750 and 1000pips far from the 3 sell stop orders….
"Excellent. Recommended."
What do you like best about Oanda?
They're regulated. Which I have found to be a requirement for being a good broker.
What would you improve about Oanda?
No complaints or suggestions for improvements.
Overall
Excellent. I've never had any complaints.
"Oanda has been great"
What do you like best about Oanda?
I like the stability of the oanda platform. Trades always execute with no issues. Spreads are fair. Transfers have gotten easier over the years as well as cheaper.
What would you improve about Oanda?
There is nothing I can think of to change. Maybe the app could use a makeover, but that's all that comes to mind.
Overall
Overall I've had an excellent experience with oanda.
"THE BEST BROKERAGE FIRMS FOR NEW TRADERS"
What do you like best about Oanda?
WHAT I LIKE BEST ABOUT OANDA ISHOW ITS SYNCS WITH TRADINGVIEW QUICKLY AND EASILY AND THAT YOU CAN CREATE A DEMO ACCOUNT THAT FULLY SIMLATES THE LIVE TRADING EXPERIENCE.
What would you improve about Oanda?
I CAN'T THINK OF ANYTHING I WOULD IMPROVE ABOUT OANDA.
Overall
MY OVERALL EXPERIENCE WITH OANDA HAS BEEN AMAZING.
"Has 1 advantage"
What do you like best about Oanda?
That fact that I can create Positions as low as 0.00001 is a great advantage as an America Investor to work within the FIFO regulations, as a smaller investor.
What would you improve about Oanda?
They have this amazing advantage of Micro Contract sizes, but they don't encourage Metatrader or anyone else to recognize it. This is the MARKET MAKER MOVE for them. and it's being wasted, while hurting those of us trying to bring on investors.
So we actually LOSE our advantage with MyFxBook and other auditing platforms like SignalStart, and MQL5 if we do use the contract sizes, because they don't read properly when audited.
---Also, the App needs some work. When you're checking the swaps in all the different currency pairs, the app will get hung up in a pair. And the only solution is to Reboot the App.
Overall
I talked to a representative on day one. He called me. I had a question after, and he never got back to me. All these Brokerages are stripped down with very little services. I had high hopes, but They're all the same. Except these guys have greater costs per trade in pips.
---The IT Customer Service people are friendly. And they know their stuff---
"My fav broker"
What do you like best about Oanda?
web platform is very nice since the last big update
What would you improve about Oanda?
Nothing. It wants me to use 40 characters so here ya go.
Overall
Perfect. It wants me to use 40 characters so here ya go.
"Oanda - One Of The Best"
What do you like best about Oanda?
FOREX pair available, charts, and graphs
What would you improve about Oanda?
Offer a bit more on the free tier for investors just entering the markets
Overall
Good, overall. You need to watch out for the margin calls with Oanda since they do a check at 3:15 p.m. EST for margin call alerts.
"Plays well with others"
What do you like best about Oanda?
The fact that it works with myfxbook and TradingView.
What would you improve about Oanda?
The web interface is clunky and over complicated; however, the Android app works great. I usually do most of my trading from within TradingView or the Oanda app.
Overall
Overall, it is a good broker. I have not had any problems with them other than the poor web interface. The spreads were better than Forex.com at the time I joined; however, I have not looked at ForEx.com since then.
I really like the fact that they allow me to connect external sites/apps to my account. It was hard to find a trading journal that would work with Oanda without having to manually download/upload data. I am pleased that it works automatically with myfxbook.
"Top broker"
What do you like best about Oanda?
Never lost connection in busy hours, great platform, always improving the service.
What would you improve about Oanda?
Interest payment for cash in the account
Overall
Excellent broker, I´ve been a happy customer since 2012
Overall
Great!
Overall
good
Overall
Opened my account in2019, I never had any problems with them until I decided to withdraw my funds. I was surprised and disappointed to have jump through hoops to withdraw and ultimately close my account. I would not recommend Oanda.
Overall
Good broker
Overall
Excellent Broker and very professional customer service.
Overall
oanda best
