OANDA - Forex trading 5.7.6030

OANDA Corporation – Freeware – Android iOS
out of 18744 votes

OANDA - A Reliable Platform for Forex Trading

Boris Weber

12/27/2024

OANDA offers an intuitive interface and competitive pricing, making it a top choice for both novice and experienced forex traders.

Trade forex and popular instruments instantly with the OANDA mobile app. This user-friendly app allows you to trade major and minor forex pairs, such as EUR/USD, USD/CAD, USD/JPY, AUD/USD, and GBP/USD with 0.0 pips†. Enjoy instant quotes and free charting on the OANDA app, with tight spreads and low commissions. Applying, funding, and trading is made easy.

Join a community of smart traders who trust OANDA, an award-winning* global forex broker with over 25 years of experience. Experience the smarter way to trade forex with the OANDA trading app.

Download the free OANDA app with just a few simple steps.

INSTANTLY REACT TO TRADING OPPORTUNITIES

Customize your platforms to receive real-time notifications, manage positions, control risk, and monitor account profitability.
Experience quick and exceptional trading execution.
Efficiently place market orders directly through charts with just a few clicks.
Personalize your default parameters using a customizable interface.
The OANDA mobile trading app is designed for reliability and speed, ensuring fast order execution.
Trade FX by adding funds through the OANDA mobile app**.

DISCOVER THE FOREX MARKETS WITH OANDA

Trade popular forex pairs like EUR/USD, USD/CAD, USD/JPY, AUD/USD, and GBP/USD.
Enjoy cost reduction with tight forex spreads starting from 0.0 pips†.
Access over 50 technical tools including overlay indicators, drawing tools, and different chart types.
Efficiently manage orders and risk exposure with a simple click.
Set up pending orders while simultaneously viewing the potential profit or loss impact on your account.

STAY UP TO DATE WITH MARKET NEWS

Stay informed with OANDA's market events calendar and global newsfeeds such as Dow Jones and OANDA MarketPulse. Ensure you are always up to date with market movements.

WHY TRADE WITH OANDA

We are a fully regulated forex broker with offices in 9 regions globally.
We support regulatory oversight of the retail trading industry and prioritize client protection.
We prioritize fairness and transparency, ensuring you always know how much you are paying when you trade with us.
We do not use software designed to manipulate trades in our favor.
Our multilingual customer support is available 24/5 during market hours.

Download the free OANDA trading app and apply for a live account today.

*OANDA has been awarded for highest overall client satisfaction and best mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex). Please note that these awards relate to our business as a forex broker and do not pertain to our digital assets business.

†Forex spreads from 0.0 pips are available on our Core Pricing account, where clients can enjoy low spreads with a commission.

**Funding options may vary by region.

Trading FX on margin is high risk and may not be suitable for everyone. Losses can exceed investment.

Overview

OANDA - Forex trading is a Freeware software in the category Business developed by OANDA Corporation.

The latest version of OANDA - Forex trading is 5.7.6030, released on 05/02/2024. It was initially added to our database on 09/16/2023.

OANDA - Forex trading runs on the following operating systems: Android/iOS.

Users of OANDA - Forex trading gave it a rating of 5 out of 5 stars.

Pros

User-friendly interface suitable for both beginners and experienced traders
Access to a wide range of currency pairs and trading products
Advanced charting tools and technical analysis features
Robust mobile app for trading on-the-go
Transparent pricing with no minimum deposit requirement
Educational resources and webinars available for traders
Advanced order types and trade management options
Reputable and regulated broker with a long-standing history in the forex market

Cons

Limited availability of certain trading instruments outside forex
Variable spreads can sometimes widen under market volatility
No fixed income investments or commodity trading available
Customer service response times can vary
Platform may have a learning curve for advanced features
Occasional technical issues during high traffic periods or market events
Some users report issues with withdrawing funds quickly

FAQ

What is OANDA Forex trading?

OANDA Forex trading is a platform provided by OANDA Corporation that allows individuals and institutions to trade currencies in the foreign exchange market.

Is OANDA a regulated broker?

Yes, OANDA is regulated by multiple authorities including the U.S. CFTC, UK FCA, and others, ensuring it adheres to strict financial standards.

What trading platforms does OANDA offer?

OANDA offers its own proprietary trading platform as well as popular platforms like MetaTrader 4 and an API for algorithmic trading.

What types of accounts does OANDA offer?

OANDA provides various account types including demo accounts for practice, standard trading accounts, and premium accounts for professional traders.

Does OANDA charge commissions on trades?

OANDA typically uses a spread model, where earnings come from the difference between the bid and ask prices. Commissions may apply for certain account types.

What are the minimum deposit requirements for OANDA?

OANDA does not have a minimum deposit requirement for standard accounts, but a minimum may apply for certain account types.

Can I trade cryptocurrencies on OANDA?

Yes, OANDA offers cryptocurrency trading alongside forex, commodities, and other financial instruments.

What educational resources does OANDA provide for new traders?

OANDA provides a range of educational resources including webinars, articles, tutorials, and market analysis to help traders improve their skills.

What is the leverage offered by OANDA?

OANDA offers leverage up to 50:1 for forex trading in the U.S., while other regions may have different leverage limits based on regulatory guidelines.

How can I contact OANDA customer support?

You can contact OANDA customer support via live chat, email, or phone available on their official website.

Boris Weber

I am an editor at UpdateStar. I started as a support engineer, and am now specialized in writing about general software topics from a usability and performance angle among others. I telecommute from UpdateStar’s Berlin office, when I am not working remote as a digital nomad for UpdateStar. When I'm not analyzing the latest software updates, you can find me exploring new cities, immersing myself in local cultures, and discovering innovative tech trends across the globe.

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