OANDA Review
Trust Score: 90/100
Highly trusted, long-established broker popular with US traders and known for strong research and flexible lot sizing.
Visit OANDA →Spreads by Pair (Pips)
EUR/USD
1
GBP/USD
1.3
USD/JPY
1.1
XAU/USD
23
US OIL
3.8
BTC/USD
30
Trading Conditions
Min Deposit
$0
Max Leverage
1:50 (US) / 1:30 (UK/EU) / 1:200 (international)
Avg Spread
1 pips
Commission
$0 (spread-based) or $5/100k (core pricing)
Broker Details
Minimum Trade Size
—
Maximum Leverage
1:50 (US) / 1:30 (UK/EU) / 1:200 (international)
Minimum to Open Live
$0
Established
—
Address
—
Contact
—
Regulators
CFTC/NFA (US), FCA (UK), ASIC (Australia), IIROC (Canada), MAS (Singapore)
Prohibited Countries
—
Dealing Desk
❌ No
Web Trading
✅ Yes
Mobile Trading
✅ Yes
Trading Instruments
Currencies
—
Cryptocurrencies
—
CFD
—
Trading Conditions & Methods
EAs/Robots: YesNews Trading: YesScalping: YesCopy Trading: No
Deposit Methods
—
Withdrawal Methods
—
Pros & Cons
✅ PROS
- + Available to US clients
- + flexible non-standard lot sizes
- + strong research tools
- + long track record and high trust.
❌ CONS
- - Spreads wider than ECN specialists
- - leverage capped at 1:50 for US accounts
- - fewer copy-trading features.
About OANDA
OANDA is one of the few brokers legally able to serve US retail forex traders through NFA/CFTC registration. It's known for flexible position sizing (no fixed lot sizes), fractional pip pricing, and strong charting/research tools via its proprietary platform.
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Quick Facts
Founded—
Headquarters—
Regulation
CFTC/NFA (US)FCA (UK)ASIC (Australia)IIROC (Canada)MAS (Singapore)
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