Forex trading
Voted Best Broker 2023 (TradingView Broker Awards 2023). Most Popular Broker 3 years in a row (TradingView Broker Awards 2020, 2021, 2022).
We offer competitive CFD spreads on over 70 forex pairs, including all the majors and minors. Our range of platforms include the award-winning OANDA Trade platform, as well as MetaTrader 4 - the globally renowned trading platform.
Core and premium accounts
Our core and premium accounts offer a range of benefits, including institution-grade execution, 24-hour support and a host of platform features.
Webinars
Take advantage of our independent market analysis webinars, conducted weekly to hone your trading strategies. Learn to improve your charting skills and manage your risks, while using lower leverage.
MetaTrader4
Trade forex using the MetaTrader 4 platform - the globally renowned trading platform. Our custom-built bridge combines OANDA’s pricing and execution with MT4’s charting and analysis.
Popular forex pairs
What is FX trading?
Forex trading is the buying or selling of one country’s currency in exchange for another. Forex is one of the most liquid markets in the world, with a trading volume of $6 trillion per day. The US dollar is the most widely traded currency in the world.
Benefits of FX trading
You can trade forex using leverage, meaning you can gain a potentially higher market exposure by putting down just a fraction of the full value of your trade. Higher exposure leads to bigger ups and bigger downs. With forex trading, you can speculate when one currency is rising as well as falling as compared to other currencies.
Pricing
Our 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. This mid-point fluctuates throughout the day as market prices change.
Execution
Forex prices can move quickly, especially during volatile market conditions. Our award-winning trading platform is engineered for reliability and speed.
Costs of trading
Fairness and transparency are at the heart of everything we do. We are upfront about our charges and fees, so you always know exactly how much you are paying when you trade with us. Learn about our costs for depositing and withdrawing funds, bank wire transfer, spreads, inactivity fees and more.
Funding and withdrawals
It is simple and straightforward to deposit and withdraw funds to and from your OANDA trading account. Funds can be deposited using a number of methods, including credit and debit card, BPay, Osko/PayID, online banking and bank wire transfer.
Ready to start trading? Open an account in minutes
Already have a live trading account? It's easy to fund your account using one of the following payment methods.
*Voted Best Broker 2023 (TradingView Broker Awards 2023). Most Popular Broker 3 years in a row (TradingView Broker Awards 2020, 2021, 2022). Best Trading Tools winner (Online Personal Wealth Awards 2021).
CFD trading
Access competitive pricing on indices, commodities, cryptocurrency CFDs, bonds and metals CFDs.
Take a position with OANDA Trade
OANDA Trade can be accessed from your web-browser, tablet and mobile device.
Take a CFD position on metals
Our CFD spreads for metals are competitive and start from just 25 cents per troy ounce for gold.