https://www.oanda.com/sg-en/
Website
Environment
AA
Average transaction speed (ms)
MT4/5
Full License
OANDA-Demo-1
Capital Ratio
Good
Capital
Influence
AAA
Influence index NO.1
Speed:AAA
Slippage:D
Cost:AAA
Disconnected:A
Rollover:AAA
MT4/5 Identification
Full License
Capital Ratio
Good
Capital
Influence
AAA
Influence index NO.1
Single Core
1G
40G
1M*ADSL
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
KURT VOM SCHEIDT
United Kingdom
Director
Start date
2021-06-02
Status
Employed
OANDA EUROPE LIMITED(United Kingdom)
KEVIN RYAN
Canada
Director
Start date
2017-08-11
Status
Employed
OANDA EUROPE LIMITED(United Kingdom)
MARGARET HAZELLE ANDERSON
United Kingdom
Director
Start date
2017-02-16
Status
Employed
OANDA EUROPE LIMITED(United Kingdom)
| OANDA Broker Overview | |
| Feature | Details |
| Founded | 1996 |
| Registered Country/Region | United States |
| Regulation | ASIC, FCA, FSA, NFA, CIRO, MAS |
| Market Instruments | Forex, Cryptocurrencies, Commodities, Indices |
| Demo Account | Available |
| Leverage | Up to 50:1 for Forex, No leverage for Cryptos |
| Spread | From 0.1 pips (depending on account type) |
| Trading Platforms | OANDA Web Platform, MetaTrader 4, TradingView, Mobile Apps |
| Minimum Deposit | No minimum deposit (Premium account requires USD 20,000 minimum) |
| Customer Support | Office: 17 State Street, Suite 300, New York, NY 10004-1501 |
OANDA is a global online trading platform that was established in 2001 and is registered in the United States. It is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). OANDA provides trading services in a variety of markets, including Forex, cryptocurrencies, commodities, and indices.
The platform is widely recognized for its low spreads, user-friendly tools, and robust educational resources. These features make it suitable for both beginner and experienced traders. OANDA also offers demo accounts, allowing users to practice trading with virtual funds before trading with real money.
For Forex trading, OANDA provides flexible leverage options. Traders can access the platform through MetaTrader 4 (MT4), TradingView, or its own proprietary OANDA trading platform, giving them multiple options to execute their trades.

OANDA is a well-regulated broker with oversight from several major financial regulatory bodies. Here's a summary of OANDA's regulatory information:
| Regulatory Agency | Status | License Type | Regulatory Jurisdiction | License Number | Licensed Entity |
| Australian Securities and Investments Commission (ASIC) | Regulated | Market Maker (MM) | Australia | 412981 | OANDA AUSTRALIA PTY LTD |
| Financial Conduct Authority (FCA) | Regulated | Market Maker (MM) | United Kingdom | 542574 | OANDA Europe Limited |
| Financial Services Agency (FSA) | Regulated | Retail Forex License | Japan | 関東財務局長(金商)第2137号 | OANDA証券株式会社 |
| National Futures Association (NFA) | Regulated | Market Maker (MM) | United States | 325821 | OANDA CORPORATION |
| Canadian Investment Regulatory Organization (CIRO) | Regulated | Market Maker (MM) | Canada | Unreleased | OANDA (Canada) Corporation ULC |
| Monetary Authority of Singapore (MAS) | Regulated | Retail Forex License | Singapore | Unreleased | OANDA ASIA PACIFIC PTE. LTD. |






OANDA offers a variety of tradable instruments, including:
| Market Instrument | Available? |
| Forex | ✅ |
| Cryptocurrencies | ✅ |
| Commodities | ✅ |
| Indices | ✅ |
| Stocks | ❌ |
| ETFs | ❌ |
| Options | ❌ |
OANDA provides several account types tailored to different needs:
| Account Type | Minimum Deposit | Leverage | Spreads | Commission |
| Standard Account | No minimum | Up to 50:1 (Forex) | From 0.1 pips | None |
| Premium Account | USD 20,000+ | Up to 50:1 (Forex) | From 0.1 pips | Discounts on Spreads |
| Demo Account | None | None | Virtual funds | None |
OANDA supports multiple trading platforms to cater to various user preferences:
| Platform | Device | Target Audience |
| OANDA Web Platform | Web (Desktop, Mobile) | Beginner to Advanced Traders |
| MetaTrader 4 (MT4) | Desktop, Mobile, Tablet | Advanced Traders (Automated Trading) |
| TradingView | Web (Desktop, Mobile) | Chart Enthusiasts, Advanced Traders |
| OANDA Mobile App | Mobile | On-the-Go Traders |
OANDA supports a variety of deposit and withdrawal methods:
| Deposit Method | Fees | Processing Time |
| Bank Wire Transfer | No fees from OANDA | 1-3 business days |
| Debit Card (Visa/Mastercard) | No fees from OANDA | Immediate |
| ACH Transfer | No fees from OANDA | Immediate (for Instant ACH) |
Risk Disclaimer: Trading involves significant risk, and it is not suitable for everyone. You should only trade with money that you can afford to lose. Please ensure you understand the risks involved and seek independent advice if necessary. OANDA offers leverage on Forex, but be aware that leverage can magnify both gains and losses. Always trade responsibly.
Ready to start trading with OANDA? Open an account today and take advantage of their competitive spreads and advanced trading tools.

Exposure Oanda: A Closer Look at Its Licenses
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FX3418453235
Indonesia
For this account, I report fraud, funds cannot be withdrawn with the reason that the investment funds must be upgraded and added.
Exposure
02-24
천하제일호이
South Korea
After investing about 100 million won and making a profit of about 600 million won, when I tried to withdraw 100 million won, I was unable to withdraw and my trading was prohibited.
Exposure
01-04
FX2324571311
Vietnam
Scam platform. www.oanda19.com I deposited 10 million and made a profit of 20 million, then I tried to withdraw and the platform allowed it. I deposited an additional 130 million and the profit increased to 180 million, but when I tried to withdraw the money, the platform said the account balance was insufficient and I had to deposit an additional 112 million in order to withdraw.
Exposure
2024-10-01
FX6478465692
Thailand
It's good, there are great promotions for newcomers who don't have capital yet. But now, this promotion is over.
Neutral
08-14
Officer P
Thailand
I've tried OANDA and found it to be quite 'simple yet stable.' The interface isn't flashy but is straightforward to use, making it suitable for those who prioritize stability and accurate pricing data. Deposits and withdrawals are timely, though not the fastest. What I like is the abundance of analytical data and supplementary tools, making it great for serious traders. However, it's worth noting that fees and spreads can sometimes be slightly higher than some other brokers. For those looking for a reliable long-term broker, OANDA definitely fits the bill.
Neutral
08-13
Nicolas2585
United States
I am very satisfied with the operation of this website. Happy Customer.
Positive
2024-11-18
FX5030573620
Vietnam
No withdrawal allowed
Exposure
2024-09-07
Fx0382182145
Vietnam
I was invited to a private group on Zalo and Telegram about the stock market. In the group, there is a person called Mr. Nguyên Văn Cường and assistant Ngân Khánh (the name on Telegram has been changed) who guides some potential stocks. After a short period of time, it was announced to participate in trading on the gold market on the Oanda platform (Oanda-vip.com is introduced as a center affiliated with the Oanda platform for 3–4 years) with a commission of 1%. Then, they enticed members of the private group to open personal accounts, deposit money, and trade according to the instructions of the master. When I deposited $16,000 and traded, I was not informed that I could only withdraw money once, and I needed to upgrade to a VIP account to continue withdrawing. When I upgraded to a VIP account, I was informed that the withdrawal was incorrect, so the account needed to be closed with 50% collateral before it could be reopened. When I contacted them to ask why the two withdrawal transactions were made to two different accounts, there was no response. I hope to resolve this issue to recover my capital.
Exposure
2024-07-22
Charrge
Nigeria
OANDA's customer support is top-notch! Their team is super helpful and always ready to assist. And they offer lots of trading assets, so you can diversify your portfolio and find something that fits your strategy.
Positive
2024-07-18
thanhdo
Vietnam
I received a call inviting me to a closed Telegram and Zalo group about stocks. In the group, there was a person calling himself Teacher Ngo Quoc Hung and his assistant Lan Anh. They say it's a stock group, but they turn to investing in gold on the Oanda platform. Initially, for transactions, you will receive a commission of 3%/profit. Then I asked him to open a personal account, deposit money and trade according to the teacher's orders. I can only withdraw money once, the next time the platform forces me to upgrade to VIP, I have to pay a huge amount of money, if I don't pay I won't be able to withdraw. This is a scam platform and the group of people calling themselves Master Ngo Quoc Hung is also a group of scammers, using psychological manipulation tricks, shouting loudly, in the group, all the green and red troops come in to lure investors. invest money. I hope the authorities will intervene to ease people's suffering.
Exposure
2024-06-03
ooook!
Australia
Mixed feeling... Sometimes trends flipped soon as I traded, causing losses. But the TradingView integration is a real win. Their customer service could use work—slow account approval and fund deposits.
Neutral
2024-04-19
FX1809212739
Vietnam
I was lured into a closed zalo group, initially trading on my behalf, earning 200-400,000 VND per day. Then, enter to open an account on the Oanda app. A person claiming to be a teacher is Nguyen Quang Phuc and his assistant is Pham Khanh Van. When I put in more than $72,000, when I needed to withdraw, they only allowed me to withdraw $3,000, then asked me to deposit $24,000 to upgrade my VIP account to withdraw. I requested to deduct the fee directly from the withdrawals but it was not possible. Now I just hope to get my capital back.
Exposure
2024-04-11
炎炎1532
Japan
I shorted AUDJPY at 97.422 at 8:30 pm on February 13, 2024, with the stop loss set at 97.717. At around 9:30 that night, my order was inexplicably stopped loss at 97.967. Later, I looked at other platforms, and the highest price that night was basically around 97.55. Anda JP showed the highest price that night was around 97.81, (but my order was hit at 97.967). I would like to remind those who want to open an account in Japan to note that you can trade with small amounts of money, but think twice before making large amounts of money. When the money is gone, there will be nowhere to get it back.
Exposure
2024-02-26
Kelly157
Vietnam
Required to upgrade to VIP package for 3 months for $1,800, while the account has more than $9,000 without a deduction.
Exposure
2024-02-03
WayneQ
Taiwan
The customer service of the options-usd.com platform claimed to be an OANDA company. After the transaction was profitable, the request to withdraw 40,000 U was rejected. The customer service said that because the total assets of the account exceeded the tax regulations of the National Taxation Bureau of the Republic of China, the total assets must be paid within 48 hours. 20%. Later, my account was frozen. If the freeze was lifted within seven days, a penalty of three thousandths per day would be deducted. It has been verified that this is a fake platform and a fake website owned by OANDA Corporation.
Exposure
2024-01-31
東霖
Taiwan
I need money urgently and want to withdraw money. I was asked by customer service to pay a 25% deposit. If I don’t, I can’t withdraw the money.
Exposure
2024-01-30
강태공
South Korea
To get a 2.5 million withdrawal, you have to pay 250,000 in taxes.
Exposure
2023-12-27
nghiêm thị thắm
Vietnam
After many times asking the customer service department, they did not know that the platform I was trading on was their affiliated platform. So am I talking to a ghost customer service department? They didn't let me withdraw money, I had to upgrade my account to VIP, pay 30% to secure the account, and pay the loan capital to the investor with the eternal question: can I withdraw money? I received the answer you got and the conclusion: YOU CAN'T WITHDRAW MONEY. YOU NEED TO PAY AN ACCOUNT SECURITY FEE...etc. They are scammers.
Exposure
2023-12-19
Axc1130
Taiwan
Encountered a fake platform, as shown below. Never open the website provided by customer service, because after you click on the download link provided by customer service, you will not be able to find the download record on your mobile phone. The APP linked to the dealer's website via the foreign exchange platform is the correct one. Be tempted to place an order and earn more before depositing your money. As a result, your position was wiped out and you didn't even get the money to withdraw money, and you still had to cover your position. When you want to withdraw money after making money from covering up your position, customer service says that you have a liquidation record and you need to pay US$15,000! Only then can you withdraw money! It will be automatically refunded to your account after three months. Scam.
Exposure
2023-12-07
Jonas Bell
United Kingdom
I have been cooperating with OANDA for a long time and I like this company very much as a seed.
Positive
2023-10-19