OANDA — US-founded forex specialist since 1996; one of the few CFTC/NFA brokers open to US retail traders.
OANDA at a glance
| Founded | 1996 |
|---|---|
| Headquarters | New York, USA |
| Regulation | CFTC/NFA, FCA, ASIC, MAS, JFSA, CIRO, BVI, KNF, FSCA |
| Min deposit | $0 |
| EUR/USD spread | 1.0-1.2 standard / 0.2 + $0.35/side Core |
| Max leverage | 1:50 US, 1:30 EU/UK/AU, 1:200 global |
| Platforms | OANDA Trade, MT4, MT5, TradingView, API |
| Instruments | 68+ forex pairs, indices, commodities, metals, bonds, crypto |
| US clients | Accepted |
| WebTrader score | 86 / 100 |
Our verdict
OANDA scores in our ranking, which weights regulatory strength and execution quality first. Verify current conditions on the official site — spreads and leverage vary by entity and region.
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70-80% of retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money. Nothing on this site is investment advice.