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FIG 01 — BROKER REVIEW
OANDA
7.3
3.6 ★ · 1,100 reviews
Best for: Beginners and long-term traders wanting flexible sizing and a trusted name
Verified against OANDA's site · Aug 2026. Rules and pricing shift often — always confirm current terms on the broker's own site before trading.
FIG 02 — SPECIFICATIONS
Regulation
CFTC, NFA, FCA, ASIC, CIRO, MAS, FSA (JP)
Min deposit
$0
Spreads from
1.0 pips
Commission
None (Standard) / $3.50 per million (Core)
Max leverage
1:50 (US) / 1:30 (UK/EU)
Instruments
Forex, indices, commodities, metals, bonds, crypto CFDs
Account types
Standard / Core
Platforms
OANDA Trade, MT4, TradingView
Founded
1996
FIG 03 — VERDICT
Pros
- Long, trusted 25+ year track record across tier-1 regulators
- Flexible lot sizing, no minimum deposit
- Strong research tools and historical data
Cons
- Standard-account spreads wider than ECN rivals
- No MT5 support
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