Home About FXTrade

Why Trade with OANDA?

OANDA's FXTrade Platform comes from 15+ years of foreign exchange market research and analysis. By incorporating patented market-making and risk management technologies, OANDA is able to offer you the most innovative and revolutionary online FX trading platform in the market today.

• 100% automated - from market-making through trade execution
• Real-time executable pricing - transparent pricing
• Instant settlement, deal confirmation
• Continuous interest payments on a second by second basis
• Tight spreads (as low as 2-3 pips) on all major currencies offered - regardless of transaction size
• Smallest transaction sizes available on the Web - no trade minimum: Trade as little as $1 and receive tight spreads

• Multi-currency accounts: US dollar or Euro
• No minimum initial deposit required
• No monthly fees / No startup costs
• No commission
• No charges for stop or limit orders
• Free access to proprietary, quantitative research tools
• Truly Internet-based, no software to download
• User-friendly, intuitive trading interface
• All major spots and many exotic currency pairs
• Margin-trading - up to 2% (or 50:1 levarage)
• Real-time trade blotter
• Real-time account management
• Real-time profit and loss analysis
• Dynamic exchange rate graphs
• Free currency news

OANDA's proprietary FXTrade Platform is a fully automated trading platform in which OANDA plays the role of market-maker. Our platform is not an auctioning system in which a trader must request a price from a pricing source and then make a buy/sell decision based on the quote offered. Nor is it a matching engine where a trade is executed only if both sides of the trade can be filled at the time of the buy/sell request.

OANDA is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA).

OANDA's NFA number is 0325821

Open an FXTrade account or,
Open an FXGame (Demo) account