OANDAVerified Regulation

OANDA is a US-based forex and CFD broker with a distinguished history dating back to 1996, making it one of the pioneers of online retail forex trading. Headquartered in New York, United States, OANDA is regulated by the UK Financial Conduct Authority (FCA reference number 542574), the US National Futures Association (NFA ID 0325821), the Australian Securities and Investments Commission (ASIC license 412981), the Monetary Authority of Singapore (MAS), and the Japanese Financial Services Agency (JFSA). OANDA is known for its transparent pricing model, flexible trade sizes allowing units-based trading (not just standard lot sizes), and a robust proprietary trading platform. The broker provides access to 70+ currency pairs, indices, commodities, bonds, and precious metals. OANDA operates a market-maker execution model with competitive spreads starting from 0.6 pips on EUR/USD, and offers both spread-only and core (commission-based) pricing plans. Platform support includes the proprietary OANDA Trade platform (web, desktop, and mobile), MetaTrader 4 (MT4), and TradingView integration. A notable feature is the ability to trade in any size from 1 unit upward, making OANDA uniquely flexible for position sizing and risk management. The broker requires no minimum deposit, which along with unit-based trading makes it highly accessible. OANDA is particularly well-suited for beginner traders who appreciate the low barrier to entry and unit-based flexibility, as well as experienced traders and professionals who value transparent pricing, reliable execution, and the security of multiple top-tier regulatory licenses.