OA
OANDA
Editor's Pick5.0 out of 5 (377 reviews)
OANDA is a long-established broker with a strong regulatory footprint, flexible position sizing (no minimum lot size), and one of the industry's most extensive historical data/API offerings.
CFTCNFAFCAASIC
$0
Min Deposit
1:50
Max Leverage
1.0 pips
Spread From
1996
Founded
Account Types
Standard
Spread-only pricing suited to casual traders.
- Spread
- From market average
- Commission
- $0
- Price
- No commission
Raw/ECN
Tighter raw spreads plus a commission, suited to active/scalping traders.
- Spread
- From 0.0 pips
- Commission
- $7 round turn
- Price
- $3.5 per lot per side
Pros
- No minimum deposit or lot size
- Strong US and global regulation
- Robust API for algorithmic trading
- Transparent pricing
Cons
- Lower leverage for US clients
- Fewer exotic instruments than some rivals
Frequently Asked Questions
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