Basic Information & Regulators

OANDA Was Co-founded In 1996 By Computer Scientist Dr. Michael Stumm And Economist Dr. Richard Olsen. As Early As 1996, OANDA Was The First Company To Provide Comprehensive Currency Exchange Information Over The Internet, And In 2001 Helped Pioneer The Development Of Internet-based Currency Trading. In 2011, The Company Established An Office In London And Used It As Its European Headquarters. In 2012, Several CFDs Were Added To The Portfolio, Allowing Clients In Certain Markets To Trade More Commodities, Precious Metals, Indices And Bonds. In 2014, OANDA Opened An Office In Sydney And In 2015 Became The Largest Foreign Foreign Exchange Broker In Japan. In 2018, The Company Was Acquired By Leading Private Equity Firm CVC Capital Partners, And In 2020, OANDA Entered Into An Agreement To Acquire A 100% Stake In Leading Multi-asset Broker TMS, Setting The Stage For Growth In The Baltics And Eastern Europe. OANDA Is Regulated By A Number Of Regulatory Bodies, Notably The Australian Securities And Investments Commission (ASIC), The UK's Financial Marekt Conduct Authority (FCA), The National Futures Association (NFA), The Japanese Financial Services Agency (FSA), The Investment Industry Regulatory Organization Of Canada (IIROC), And The Monetary Authority Of Singapore (MAS).

Main Business

OANDA Provides Investors With Mainstream And Popular Financial Trading Tools On The Global Financial Marekt, Mainly Foreign Exchange (more Than 38,000 Currency Pairs Can Be Traded), Indices, Precious Metals, Commodities, Bonds, Etc.

Leverage & Accounts

OANDA Provides Investors With A Total Of Two Account Types: Standard Account And Supreme Account. The Maximum Leverage For Foreign Exchange Is 1:20, And The Trading Leverage For Index Products Is 1:5 To 1:20. The Trading Leverage For Metals And Commodities Is 1:5, And The Trading Leverage For Bond Products Is Also 1:5.

Spreads & Commission Fees

Competitive Spreads For Both Major And Minor Currency Pairs In Forex. Spreads Start At 0.6 Pips For EUR/USD, 1.0 Pips For USD/JPY And 1.3 For EUR/GBP. Spreads Are 3 For Brent Crude Oil And 25 For Gold.

Trading Platform

OANDA Offers Traders Four Trading Platforms, OANDA Trade Web Edition, Desktop Edition, Mobile Edition As Well As The MT4 Platform. OANDA Trade Desktop Edition Offers A Fully Customizable Trading Interface With The Ability To Trade With One Click, Featuring Innovative Trader Analysis Tools. The OANDA Trade Tablet Version Allows Users To View Full-screen Charts, Or Add Any Number Of Charts To The Screen Configuration, And Traders Can Also Receive Price Notifications On Their Mobile Phones. The OANDA Trade Web Platform Has Been Awarded The World's Best Retail Foreign Exchange Platform, Providing Excellent Execution, Advanced Charts, Trader Analysis, And More.

Deposit And Withdrawal

OANDA Provides Customers With A Variety Of Convenient And Secure Deposit And Withdrawal Methods, Mainly Including DBS, PayNow, PayPal, Online Bank Transfer (only New Currency Deposits Are Accepted), Cheque (only New Currency Deposits Are Accepted), Telegraphic Transfer, Etc. If The User's PayPal Account Is In A Currency Other Than GBP, EUR Or USD, PalPay May Charge A Currency Conversion Fee.