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Editorial only. Trading CFDs is high-risk — most retail accounts lose money. We are not a broker and not a financial adviser. Capital at risk. Verify regulation and terms directly with each broker before opening an account.

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OANDA Review 2026

Good

Regulated by

  • FCA
  • NFA/CFTC
  • ASIC
  • MAS
  • CIRO

OANDA has provided FX data to central banks and governments since 1996. One of the few brokers accepting US clients. Known for currency data accuracy and strong research tools.

Pros

  • One of the oldest FX brokers (1996)
  • NFA/CFTC regulated — accepts US traders
  • Excellent FX data & research
  • No minimum deposit
  • TradingView integration

Cons

  • Limited instruments (FX focus only)
  • No stocks or crypto
  • Wider spreads vs ECN
  • Max 50:1 leverage (US clients)

Broker Specifications

Founded1996
HeadquartersNew York, USA
Min. DepositNone
Max Leverage (EU)30:1
Max Leverage (non-EU)50:1
EUR/USD Spread1.1 pips
Commission$0 (spread only)
PlatformsfxTrade, MT4, TradingView
Instruments120
FX Pairs68
Crypto CFDsNo
Stock CFDsNo

Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.6% of retail investor accounts lose money when trading CFDs with OANDA.

OANDA is included for comparison only — we don't currently have an affiliate partnership with them, so this review is fully independent.

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This is not financial advice. Past performance is not indicative of future results.

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