Get the OANDA Advantage
Professional traders choose us for consistently low spreads, deep market liquidity, and the comfort of knowing trades are executed automatically and settled instantly.
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Why OANDA
1. We make powerful forex trading technology simple to use.
OANDA fxTrade is institutional-quality trading software that delivers premium performance and innovative features in one easy-to-use platform. |
2. We deliver tight spreads.
OANDA's spread policy is simple: to offer the tightest spreads possible, with no discrimination based on how much (or how little) you trade. |
3. We focus on quality of execution.
All transactions are 100% automated without human intervention. Trades are executed efficiently and settled instantly, drawing on deep OANDA Liquidity™. |
4. We don't follow outdated rules that cost you money.
Our innovation has made typical trading practices like two-day settlements, rollover swaps, and fixed trade lots obsolete. We give you the flexibility to tailor trades to suit any trading strategy. |
5. We make an open, transparent market.
OANDA publishes short and long positions to help traders judge the depth of the market for a given currency pair. We publish real-time rates and give all traders rate updates as the market moves. |
6. Reputation matters.
OANDA has offered online currency exchange information since 1996 and forex trading services since 2001. We are registered with 5 regulatory organizations worldwide and have a surplus of capital reserves that far exceeds the required regulatory amount. |
7. We don't discriminate.
We operate in stark contrast to forex brokers who give rebates and volume discounts to favor certain traders over others. OANDA customers trade with the confidence that everyone gets the same tight spreads—with no extra fees, no commissions, and no middlemen. |
8. We support our customers with resources that help them trade
better.OANDA provides free access to news feeds from Thomson Reuters, Dow Jones, UBS, and 4Cast. We also offer analytical trading tools and aggregate the real-time expectations and positions of thousands of our traders to create a market sentiment index. |
We've engineered a forex market for the 21st century
OANDA was founded in 1996 by a computer scientist and an economist who saw that the internet would eventually force global markets to modernize processes for efficiency in an electronic world.
Our goal is to transform how the world trades forex. We built our fxTrade currency trading platform to help us achieve this goal, and have a history of success through disruptive innovation.
Assess brokers before choosing
It pays to evaluate forex brokers closely to verify the benefits they tout. We’ve compiled a list of tough questions to ask brokers about spreads and policies.
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Stay informedWe keep you up to date on the always-changing forex market. Get daily reports and analysis from our team of currency strategists. |
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Demo forex accountTry under real market conditions, before you commit. Start with a 100,000-unit no-risk forex demo account. It's free and never expires. |
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Know your rightsBefore you choose a broker, read our Forex Trader's Bill of Rights and understand the level of service you should expect as a client. |
Please refer to our more detailed Risk Warning, and NFA's FOREX INVESTOR ALERT.