Voted Most Popular Broker three years in a row (TradingView Awards 2022, 2021, 2020). Named Best in Class for Research and Ease of Use (ForexBrokers.com 2023 Annual Awards). Voted Best US Forex Broker (Compare Forex Brokers Awards 2023). Voted Best Low Cost Broker (ADVFN International Financial Awards 2023). Voted Best Forex Broker two years in a row (TradingView Broker Awards 2021, 2020). Awarded highest client satisfaction for mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex). Awarded highest overall client satisfaction (Investment Trends 2021 US Leverage Trading Report, Margin Forex).
We offer two pricing models: spread-only or Elite Trader. Our pricing models are clear and transparent. The pricing engine aggregates live prices, in real time, from our liquidity providers and calculates a mid-point.
A custom-built pricing algorithm automatically calculates the spread symmetrically around the mid-point for each tradable instrument on our trading platform. This mid-point fluctuates throughout the day as wholesale prices change.
Trade more, get more
Earn cash rebates from US$5 to US$17 per million with our Elite Trader program. Designed exclusively for our high volume traders, this is the program that gives you more, the more you trade.
Standard and Elite Trader accounts
See if you qualify for rebates with our Elite Trader program.
Fully regulated broker
We are a fully regulated forex broker, with offices in nine regions globally. We support regulatory oversight of the retail trading industry and the protection of our clients.
Margin requirement will depend on the amount of leverage allowed. The maximum leverage allowed is determined by the regulators and may differ depending upon the instrument.
Forex is traded on margin, meaning you can gain a potentially higher market exposure by putting down just a small percentage of the full value of your trade. With forex trading, you can speculate when forex prices are rising as well as falling as compared to other currencies.
Reliability and speed
Forex prices can move quickly, especially during volatile market conditions. Our award-winning trading platform is engineered for reliability, helping to ensure that your trade is executed at the price you want.
Deposits and withdrawals
It is easy and straightforward to deposit and withdraw funds to and from your OANDA account. Funds can be deposited using debit card, wire transfer and ACH.
Costs of trading
We are upfront about our charges and fees, so you always know exactly how much you are paying when you trade with us. That includes costs for depositing and withdrawing funds, bank wire transfers, spreads, inactivity fees and more.