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OANDA Spreads

OANDA FXTrade offers all traders tight spreads with no discrimination. On FXTrade, everyone gets exactly the same spread regardless of account size, trade size or type of customer.

Understanding spreads is important because, to the trader, the spread represents the cost of trading, as there are no commissions to be paid on a platform like FXTrade. Forex market makers, like OANDA, generally generate much of the revenue they earn from the spreads.

Understanding OANDA's Spreads
Real Time Spreads:
  • Under normal market conditions OANDA is committed to offering our traders the tightest spreads possible because spreads matter so much to your bottom line.
  • During non standard trading hours such as the weekend spreads are widened to reflect illiquidity in the market.
  • During periods of high volatility such as a news event spreads can be temporarily widened to reflect liquidity issues in the market.

Also:
As a smart trader you know that a tight spread can make a huge difference in your returns. But tight spreads are meaningful only when they are coupled with good execution. Quality of execution determines whether you actually receive tight spreads.

OANDAs trade platform is 100% automated from market-making through trade execution which means:
  • Real-time executable and transparent pricing
  • Instant settlement and deal confirmation
  • No dealer intervention

Over 257,765,967 FXTrade transactions executed so far!
Trading off-exchange foreign exchange on margin carries a high level of risk and is not suitable for all investors. Trading through an on-line platform carries additional risks. Please refer to our more detailed Risk Warning, and NFA's FOREX INVESTOR ALERT.