Choose the best forex trading platform

Reputation matters. Trade forex with an established, respected market maker for the best trading experience.

There is no opportunity without risk but risk must be managed and in the foreign exchange realm, this is especially true.

In order to choose the best forex platform to meet your trading objectives, there are a number of attributes you should seek in a platform. Ease of use and accessibility, tools to help with fundamental and technical analysis of currencies and the evolving forex market, and tight currency spreads are all important. Furthermore, and this is crucial, ensure the market maker you choose is regulated and compliant.

After all, any market maker that does not operate in a transparent fashion is not putting your best interests first. The forex market is expanding rapidly as investors look to hedge currency and inflation risk and to seek an alternative to equity and fixed income markets. Trading with an established, reputable market maker is critical to ensuring your funds are safely deposited.

As an investor, and before you put your hard earned cash on the line, take the time to research what your options are and truly understand your risk tolerance as well as the defining differences between forex trading platforms.

OANDA has been recognized with numerous awards judged by industry peers and clients. In 2012 alone we were named “Best Forex Broker” at the Forex Magnates Summit and we were awarded the “Best Global Forex Broker” at the prestigious 2012 International Business Times’ Trading Awards.

Ultra-tight spreads

OANDA offers competitive spreads on 90+ currency pairs. Our spreads are published in real-time on our award-winning fxTrade platform for 100 percent visibility into the cost of trading.

Immediate execution and instant settlement

When you open or close a position with OANDA, our automated platform immediately executes and settles your trade, with no “dealing desk” intervention, no delay, and no re-quotes.

Trades of any size

OANDA's flexible platform allows you to make a trade of any size between one unit and 10 million units. The fxTrade platform gives you more control over how much capital you risk per trade.

Regulation and compliance

OANDA is fully regulated by the U.S. Commodity Futures Trading Commission (CFTC), the U.S. National Futures Association (NFA), the Monetary Authority of Singapore (MAS), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Services Authority (FSA), and the Japanese Financial Services Agency (FSA).

Trade anywhere, anytime

You live in a mobile world and so do we: access the OANDA fxTrade platform on all leading mobile devices with our free mobile apps for iPhone, iPad, Android, or BlackBerry.

Stay informed

Fundamental analysis helps you understand market trends. In addition to our many popular technical analysis tools, fxTrade provides free, real-time access to market news feeds from Thompson Reuters, Dow Jones, and 4Cast, as well as market analysis by our team of expert currency strategists.

Learn before you trade

OANDA offers FREE demo accounts with $100,000 of virtual currency so you can practice your trading strategies risk free. Unlike our competitors, OANDA’s fxTrade Practice accounts never expire.