OANDA Review 2021 | Detailed Information about OANDA Forex Broker - BrokersView

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Founded: 1996 Min deposit: 1 USD

Headquarters: Toronto, Canada Max Lev: 1 : 200

+44 02031512050 frontdesk@oanda.com https://www.oanda.com/
8.6 Very Good
28 Reviews

advanced trading platform 5

spread widen 3

responsive customer support 2

unstable server connection 3

trading problems 4

regulated & licensed 2

deposit/withdrawal problems 3

complicated registration process 1

8.6 Business Scope

Trading instrument and serviced countries

8.8 Trading Cost

Spread and commission

8.8 Trading Platforms

Trading software and multi-end trading

9.0 Customer Support

Customer support and value-added services

Multilingual Support
Leverage Limit
Hedging Not Allowed
Commodities Trading
Tight Spread
Deposit/withdrawal Problems
Dec 22, 2020
I like this platform very much because I can choose to display important news. I mean the news- is about to be released on the chart. I can adjust my position to a tight level.
Alex Verbitskiy
Dec 16, 2020
I think OANDA is one of the best and most trusted market makers around, and it is especially suitable for beginners to trade with OANDA because the broker has an user-friendly and flexible platform. Open-close and modify orders, SL and TP are indeed very simple and clear. The customer support is always very friendly and resourceful. Faithfully recommend!
Mikka Litmanen
Dec 12, 2010
I stayed in Oanda for about a year. Oanda's trading platform is often frozen. I lost the connection to my trading account during the transaction. Even though I can successfully access other websites and log in email, I have encountered connection problems.
Rayn M
Jan 04, 2021
Opening an overseas account in OANDA can be painful, but overcoming these obstacles, you will know it's the best broker. Their platform is not such easy or as powerful as I want, but their response time is very short. In case of trouble, their chat room is always ready, fast and reliable. The spread is really good. In the end, I gave OANDA 4 stars just because they lack a programmable platform.
Robert Dowl
Jan 26, 2021
My experience in trading with Oanda is very comfortable. There are many features on the website, and if you have a real account, you can access a huge database of historical prices. I use automated trading strategies and need to back-test the history, so I need high-quality data, which can be found on the website.
Daniel Richards
Jan 28, 2021
I think Oanda is the best, top and greatest foreign exchange broker in the world. I think it's only suitable for serious traders. I have been trading with this broker for nearly 2 years and I have accumulated $2m. Highly recommend.
Licence Status

operate with a few regulation licenses

FCA 542574
NFA 0325821
ASIC 412981

Deposit and Withdrawal



Minimum deposit and no deposit fee


Low Minimum Deposit

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Company and Service


Very Good

Many branch offices in different countries


Multilingual Support Long-established

Offices Set in
Canada,  Singapore,  Australia,  Japan,  United Kingdom,  Germany,  Poland,  Malta,  United States
Founded 1996
Broker Type
Time Zone GMT+2
Credit Profile No information
Trading Platforms
Windows,  iOS,  Android
370 King Street West 2nd Floor Box 60 Toronto ON M5V 1J9
Phone Number
+44 02031512050
Website Language
Chinese,  English,  French,  German,  Italian,  Japanese,  Korean,  Portuguese,  Russian,  Spanish,  Vietnamese
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Twitter,  Instagram,  Youtube
Supported Language
Chinese,  English,  French,  German,  Italian,  Japanese,  Korean,  Portuguese,  Russian,  Spanish,  Vietnamese

Broker News

CFTC Releases Data: Interactive Brokers' Retail FX Deposits Rise 2.4% in August 2021 Oct 11, 2021
The Commodity Futures Trading Commission (CFTC) has published its monthly report for August 2021, revealing a month-on-month rise of 0.4 percent in retail FX deposits compared with the $550.4 million reported in July 2021. The report covers data for FCMs that are registered as Retail Foreign Exchange Dealers (RFEDs) and those included as broker-dealers that hold retail forex obligations in the United States, namely Gain Capital Group LLC, IG US LLC, Interactive Brokers LLC, Oanda Corporation and TD Ameritrade Futures & Forex LLC.
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B2Broker, OANDA, IG and other 4 Companies are Hiring Now Sep 26, 2021
As the COVID-19 pandemic continues to spread, there are stories almost daily about businesses furloughing employees or laying them off completely as demand dries up. Well, in FX, CFD and cryptocurrency industry, over a dozen national companies have announced substantial hiring plans. Here's a look at who's hiring and what jobs they're offering.
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OANDA Secures Karl Roessner as Non-Exec Director Aug 26, 2021
OANDA, a global leader in online multi-asset trading services, currency data and analytics, recently announced the appointment of Karl Roessner to its Board of Directors as a non-executive director.
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Overall Score

8.6 Very Good

28 Reviews

Cost 8.8

Platforms 8.8

Deposit & Withdrawal 9.0

Customer Support 9.0

Indicates the average level of Brokers

Keywords for selection
trading problems hedging spread widen advanced trading platform low spreads reliable & reputable unstable server connection terrible deposit/withdrawal transfer fees high swap fee low leverage deposit/withdrawal problems complicated registration process dissatisfied regulated & licensed bad/unprofessional customer support

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