- Forex Trading - Home |
- Why OANDA |
- Low Forex Spreads
Competitive Spreads; Superior Execution
A fair platform with a powerful, reliable trading engine
When you trade with OANDA you get the advantage of competitive spreads and exceptional execution quality on our award-winning trading platform, fxTrade.
Transparent spreads
We publish our current and historical spread data to help you understand your trading costs.
Want to find out more? Discover how OANDA derives consistently competitive spreads.
Spread cost comparison
Compare the cost of trading with OANDA to other market makers. Here is the cost breakdown based on real data* for trades with a notional amount of $500,000:
| Provider | Spread | Total Cost |
|---|---|---|
| FXCM | 2.6 | $130.00 |
| GFT | 1.8 | $90.00 |
| FXDD | 1.8 | $90.00 |
| Forex.com | 1.7 | $85.00 |
| OANDA | 1.6 ✓ | $80.00 ✓ |
*Data source: MT4i (averaged from ask and bid prices on every tick between 15 April and 19 April, 2013)
Exceptional execution quality
Trade execution is fast and fully automated. There is no dealing desk intervention, asymmetrical quotes, or stop hunting on OANDA’s platform. Only what you need:
- Constant liquidity
- No order rejections (during trading hours and with adequate account margin)
- No price re-quotes
- No commissions or account maintenance fees
Want to find out more? Read about OANDA's quality execution.
1. We make powerful forex trading technology simple to use.
2. We deliver low spreads.