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Trading forex with OANDA

  • Our powerful analysis tools, tight spreads on forex pairs, and low commissions for online forex trading and crypto trades give you the edge to help you trade smarter. We offer you a range of powerful analysis tools to enhance your trading strategies, including Advanced charts powered by TradingView, Technical Analysis from Autochartist and the Economic overlay. We offer forex online trading with tight spreads on all the major and minor currency pairs, nearly 24 hours a day, five days a week. Trade forex pairs using our powerful OANDA Trade platform, MT4 and TradingView. Through our partnership with Paxos, you can trade the big names in crypto like Bitcoin and Ethereum with our user-friendly app. Super low commissions, no wallet needed and no mark-up when you buy or sell crypto.

    Trading forex is one of the most popular trading options. This is why you’ll need a cutting-edge and reliable trading platform that allows you to trade tight spreads on major and minor currency pairs. Choose from our standard or premium forex pricing modules - whatever’s best for, your forex trading needs. We’ve partnered with Paxos and their itBit exchange so you can spot trade popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin and more. Enjoy competitive commissions and spreads on popular crypto with two-way streaming prices on our online trading platform.

    The Elite Trader Program is for high-volume traders who want an even better trading experience. Get personalized access to premium forex trading tools, expert market analyst insights and more. Our hours of operation coincide with the global financial markets. In the US, trading is available from approximately 5 pm Sunday to 5 pm Friday (New York time). Please note: these times are subject to change during daylight savings time. Our deposit options vary based on the OANDA division with which you hold your account. Please check the relevant deposit funds section for more details on how to fund your account.

    We offer two pricing models: spread-only or Elite Trader. Our pricing models are clear and transparent. The pricing engine aggregates live prices, in real-time, from our liquidity providers and calculates a mid-point. A custom-built pricing algorithm automatically calculates the spread symmetrically around the mid-point for each tradable instrument on our trading platform. This mid-point fluctuates throughout the day as wholesale prices change. Forex is traded on margin, meaning you can gain a potentially higher market exposure by putting down just a small percentage of the full value of your trade. With forex trading, you can speculate when forex prices are rising as well as falling as compared to other currencies.

    Forex prices can move quickly, especially during volatile market conditions. Our award-winning trading platform is engineered for reliability, helping to ensure that your trade is executed at the price you want. It is easy to deposit and withdraw funds to and from your OANDA account. Funds can be deposited using a debit card, wire transfer or ACH. We are upfront about our charges, so you always know exactly how much you are paying when you trade with us. That includes costs for depositing and withdrawing funds, bank wire transfers, spreads, inactivity fees and more.
     
      July 15, 2024 3:18 AM PDT
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