OANDA review 2026

An online forex pioneer, on TradingView and MT5

Forex / CFDUnited States30 yearsMT5, TradingView, OANDA Trade
8.6/10
YourFunding score
Minimum deposit
$0
Cost
Spread only on majors
Regulation
FCA, ASIC, CFTC, KNF
Broker type
Forex / CFD

Summary

OANDA, founded in the United States in 1996, is one of the pioneers of online forex. The broker is regulated by the FCA, ASIC and the CFTC, and in Europe through OANDA TMS Brokers under the Polish KNF. It is popular for its TradingView connection.

Verdict · 8.6/10

A long-established, serious forex broker, ideal if you trade from TradingView.

Accounts and fees

The standard account is spread-only, with no commission on major instruments and no minimum deposit. Larger accounts (from $10,000) can switch to core pricing: a reduced spread plus a commission per lot.

Platforms and markets

MT5, TradingView and the in-house OANDA Trade platform (web and mobile). The range covers forex, indices, commodities, shares and crypto as CFDs.

Trading conditions

RegulationFCA, ASIC, CFTC and NFA; in Europe, OANDA TMS Brokers is regulated by the KNF (Poland)
Minimum depositNo minimum on the standard account; core pricing (reduced spread + commission) from $10,000
CostStandard account: spread only, no commission on major instruments
CommissionCore pricing: reduced spread + commission per lot (for accounts of at least $10,000)
PlatformsMT5, TradingView, OANDA Trade (web and mobile)
MarketsForex, indices, commodities, shares and crypto (CFDs)
Leverage / margin1:30 on major pairs (EU, UK, Australian retail clients); higher through non-EU entities

Data checked in October 2026 on the broker's official website and specialist reviews. Fees and conditions can change: check them before opening an account.

Strengths and weaknesses

Strengths

  • TradingView connection
  • FCA, ASIC, CFTC, KNF regulation
  • No minimum deposit
  • 30 years of history

Weaknesses

  • Commission pricing only for accounts of $10,000+
  • Smaller CFD range than multi-asset brokers

Who is it for?

A good fit if you…

  • TradingView traders
  • Want a long-established, well-regulated broker
  • Small accounts (no minimum)

Avoid if you…

  • Want cTrader
  • Looking for real shares

Score breakdown

Fees8.2
Regulation9.4
Platforms8.8
Markets8.0
Experience8.8

Five criteria rated out of 10: real fees (spread and commission), strength of regulation, platforms, choice of markets and overall experience (track record, account opening, tools).

FAQ OANDA

Is OANDA reliable?

Yes: OANDA has existed since 1996 and is regulated by the FCA, ASIC, the CFTC and, in Europe, the KNF.

Can I trade with TradingView at OANDA?

Yes, OANDA connects to TradingView, in addition to MT5 and its OANDA Trade platform.

What is the minimum deposit at OANDA?

The minimum deposit at OANDA is $0.

How much does trading cost at OANDA?

At OANDA, expect Spread only on majors.

Is OANDA regulated?

Yes: OANDA is regulated by FCA, ASIC, CFTC, KNF.

What is OANDA's YourFunding score?

OANDA scores 8.6/10, #11 out of 18 brokers reviewed.

CFDs and futures are leveraged products: most retail accounts lose money. Only trade money you can afford to lose.

OANDA$0 · Spread only on majors
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