Why Trade Forex with OANDA?

Our mission is to create an efficient, transparent, and fair forex marketplace so you can make the trades you want, when you want.
At the lowest possible cost. Instantaneously.

• We are committed to having among the tightest spreads of any broker
• We don't have a minimum trade size - you can trade $1!
• Our web-based trading platform is 100% automated from market-making through trade execution
• We calculate and pay interest by the second

How else is OANDA FXTrade different?

• There's no dealing desk to mess with your trades
• You receive real-time, executable and transparent pricing
• We're not trading against you - we hedge all positions

Are you an experienced Forex Trader?

Then you know that to maximize returns you must have a good trading strategy and trade at the lowest possible cost with the greatest efficiency.

The quality of execution and tightest spreads are critical. OANDA takes your trading needs seriously - and we back it up.

• You get instant trade confirmation and settlement
• OANDA FXTrade regularly has a spread of 1.5 on EUR/USD
  That's about half what many other brokers charge.
• These tight spreads apply to any trade size whether $1 or $10 million

Other Reasons to Trade with OANDA

• You can automate your trading activity with our FXTrade API
• We openly publish our order book and client position
• We calculate and pay interest by the second, with no rollover cost

Getting Started with FXTrade

Every broker and market maker may claim that they have the tightest spreads and "best execution".
Try FXTrade and see for yourself.

OANDA's FXGame is an excellent tool to familiarize yourself with trading forex on the FXTrade Platform.

Just register and immediately start trading with real market conditions. Your account will be credited with an initial virtual $100,000 USD. You will also have access to news, analysis tools, technical charts and other utilities that are all part of the FXTrade Platform.

FXGame accounts are 100% free and will not expire.

Company Profile

OANDA's proprietary FXTrade Platform comes from 15+ years of foreign exchange research and analysis. The platform was developed with the goal of making currency trading significantly more convenient than it is through other means. FXTrade is truly revolutionary in what it has to offer.

Launched in 2001, FXTrade allows clients to participate directly in the forex market -- the largest, most dynamic market in the world. From day one, FXTrade has set a new standard for service and efficiency. By opening the forex market to a new world of traders through innovative, more efficient features. By offering tangible advantages to all traders — speculators, professionals, hedge funds or corporations. By redefining the market and changing the way forex trading is done.

FXTrade 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.

Except for residual amounts, OANDA fully hedges our clients' positions. All the time. So there is no conflict of interest. We benefit most when our clients are profitable and we have nothing to gain when they are unprofitable.

Regulation

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 ID#0325821).
Disclaimer