Transparent Trading

Exercising your rights as a trader will reduce your cost, eliminate much of the uncertainty and risk that need not be part of the process, and restore clarity and fairness to forex trading.
[Forex Trader's Bill of Rights]

OANDA is committed to transparency in the forex market.

We work to eliminate the hidden processes in pricing and execution that exist elsewhere in the forex market. We aim to give you the information you need to determine the outcome of your trades. To this end, OANDA offers unrivalled price and spread transparency to all forex traders.

Consider:

  • Spreads are clearly visible. Past spreads are published for public view.
  • Current open orders on major pairs are visible to all, not just to a select few.
  • Clients can compare OANDA's historical rates for major pairs with those of other firms.
  • OANDA provides an open forum where every compliment and complaint is there for all to see.

The OANDA Commitment

We are committed to fairness and transparency in the forex market, made possible by the quality of execution at the core of our platform:
  • All traders are treated the same, regardless of account balance or transaction size.
  • The same spreads apply to all, and are public for all to see.
  • We do not have a trading desk and we hedge our clients' positions.