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OANDA

Regulated
United States
,
Since 2011
Last Updated:
65/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
50
Account Types
StandardPremiumPremium

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

Debit Card

debit card
Instant
Fee:
Free
Fee:
Free

ACH Transfer

bank transfer
Instant
Fee:
Free
Fee:
Free

Bank Wire Transfer

wire transfer
3 days
Fee:
Free
Fee:
Free

Credit Card

credit card
Instant
Fee:
Free
Fee:
Free

Skrill

e wallet
Instant
Fee:
Free
Fee:
Free

Neteller

e wallet
Instant
Fee:
Free
Fee:
Free

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

PayPal

e wallet
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 93%, 2: License 93%, 3: Software 50%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
93%Excellent
License
93%Excellent
Software
50%Fair
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor

Company Information

Full Name:OANDA Corporation
Founded:2011
Headquarters:United States
Enterprise Offices:3offices

Customer Support

Phone:
+65 6579 8289
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

OANDA AUSTRALIA PTY LTD is a financial services company engaged in the trading broker space. The company is well-known for providing traders with comprehensive, accessible trading solutions and has developed a reputation as an ethical, trustworthy, and reliable broker that accommodates a wide range of traders, from beginners to experienced.

While there is relatively little available information about OANDA AUSTRALIA PTY LTD, it falls under the OANDA Brand, which has a global presence in forex and CFD trading markets.

In this article, we will provide more insight into OANDA AUSTRALIA PTY LTD, covering the background and history of the company, key features and offerings from OANDA AUSTRALIA PTY LTD, and how it complies with its regulatory requirements, as well as what traders should expect regarding their trading conditions, fees, and ultimately their user experience.

While there are a number of unanswered questions and limited specific information available, the aim of this detailed overview is to provide readers with an accurate overview of what they may expect from OANDA AUSTRALIA PTY LTD when engaging with this broker.

Background and History

OANDA AUSTRALIA PTY LTD functions as a regional or subsidiary company of the larger OANDA entity. As such, OANDA AUSTRALIA PTY LTD is a well-established entity in the online Forex trading industry, having operated for more than 20 years and played a significant role in pioneering the development of both online Forex trading and currency data services, but there is limited public historical information available to determine the specific date of OANDA AUSTRALIA PTY LTD's formation and other notable milestones.

Even though OANDA AUSTRALIA PTY LTD does not have specific historical information, one can reasonably conclude that, due to the large and extensive experience of the OANDA global brand and its commitment to innovative and transparent practices in financial markets, OANDA AUSTRALIA PTY LTD will be responsible for many of the positive attributes of the OANDA brand.

Key Features and Offerings

OANDA AUSTRALIA PTY LTD provides trading services primarily in forex/currencies and CFDs, consistent with the core offerings of the OANDA group. Traders can expect access to a variety of currency pairs and CFDs on different asset classes, such as indices, commodities, and, very likely, even cryptocurrencies; however, the exact instrument availability at this time is not confirmed.

It is reasonable to assume that OANDA AUSTRALIA PTY LTD will provide a variety of different trading platforms that cater to the varying preferences of its customers, including web-based, desktop, and mobile platforms, all of which generally incorporate advanced charting tools, real-time data, and automated trading functions, which are consistent with the standard practice of the OANDA global brand.

Regulatory Compliance and Licensing

As with any financial services provider, regulatory oversight is an essential component of OANDA AUSTRALIA PTY LTD. Therefore, OANDA AUSTRALIA PTY LTD is governed by the regulations and standards enforced in Australia, which are generally considered by many to reflect a very high level of investor protection and to foster the integrity of financial markets.

Below is a summary of the regulated licenses held by OANDA AUSTRALIA PTY LTD, based on the information available.

Regulator

License Number

Status

Limited information available

At this time, the absence of publicly available information limits confirmation of specific license numbers and regulatory status. If you would like to check your regulatory information, please contact OANDA AUSTRALIA PTY LTD directly or an official regulatory body.

Plots of Trade Conditions and Trading Platform Technologies

Trading conditions are a very important consideration when evaluating a brokerage. Trading conditions will include spreads, leverage, minimum deposits, and platform capabilities. OANDA AUSTRALIA PTY LTD does not currently publish the precise amounts for trading conditions. However, below is a table listing the trading conditions commonly associated with the OANDA brand worldwide, which could serve as an indication of the overall trading conditions.

Trading Condition

Details

Spreads

Variable, starting from 0.6 pips (typical for major pairs)

Leverage

Up to 30:1 (subject to regulatory limits)

Minimum Deposit

Varies, often from $50 to $100

Platforms

Proprietary web platform, MetaTrader 4, Mobile apps

OANDA AUSTRALIA PTY LTD likely offers robust trading platforms equipped with user-friendly interfaces, advanced charting tools, and automated trading options. These features aim to enhance the trading experience and support various trading strategies.

Fee Structure

Understanding the fee structure is essential for traders to manage costs effectively. OANDA AUSTRALIA PTY LTD's fee details are not explicitly available; however, the following table presents a typical fee framework aligned with the OANDA brand's global standards.

Fee Type

Details

Deposit Fees

Generally none

Withdrawal Fees

Usually none, depending on method

Commission

Variable; some accounts commission-free, others with low commissions

Overnight Financing

Applies to leveraged positions held overnight

Individuals and corporations want to ensure they understand the trading fees associated with using any trading platform before committing to using it. This is especially true for OANDA AUSTRALIA PTY LTD, as the fee structure can vary based on account type, trade volume, and payment method.

Market Reputation and User Experience

Because OANDA AUSTRALIA PTY LTD trades under the name of OANDA, they have the benefit of branding. The OANDA brand has earned a significant reputation as a trustworthy and transparent broker within the global trading community, known for its reliable execution, transparent pricing, and outstanding customer service.

Although there have not been many direct user reviews/testimonials regarding the experiences of traders using OANDA AUSTRALIA PTY LTD specifically, the overall perception of OANDA in the market has been positive regarding providing a good trading experience; therefore, users of OANDA AUSTRALIA should continue to enjoy a similar experience as other users of OANDA internationally. With a stated commitment to technology and a focus on meeting regulatory requirements, it is reasonable to expect OANDA to continue to maintain a high level of service and professional credibility.

Recent Changes

There are currently no major changes to report regarding OANDA AUSTRALIA PTY LTD due to the lack of publicly available information; it is anticipated that OANDA AUSTRALIA PTY LTD will ultimately continue to align its strategic plans with those of OANDA globally. As such, the company is expected to continue advancing improvements to its trading platform; maintain appropriate compliance with regulatory bodies; and expand access to additional markets.

Conclusion

OANDA AUSTRALIA PTY LTD represents another example of the strong reputation and competency of the OANDA family of companies and is expected to offer trading environments, competition, reliability, and regulatory compliance similar to those offered by other entities in the OANDA family of companies.

Any potential trader interested in using OANDA AUSTRALIA PTY LTD trading services should reach out to the broker directly for complete information regarding licensing, trading fees, and trading conditions. As OANDA AUSTRALIA PTY LTD operates under the global OANDA name, this demonstrates their commitment to professionalism and quality customer service.

Regulatory Licenses

Compliance & oversight

7 licenses
United Kingdom
FCATier 1
United Kingdom#542574
License Details
Type:Market Making(MM)
License #:542574
Status:Regulated
Validity
Effective:N/A
Expires:N/A
United States
NFATier 1
United States#325821
License Details
Type:Market Making(MM)
License #:325821
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Canada
CIROTier 1
Canada#Not disclosed
License Details
Type:N/A
License #:Not disclosed
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Singapore
MASTier 1
Singapore#Unreleased
License Details
Type:Retail Forex License
License #:Unreleased
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Australia
ASICTier 1
Australia#412981
License Details
Type:Market Making(MM)
License #:412981
Status:Regulated
Validity
Effective:N/A
Expires:N/A
British Virgin Islands
BVI FSCTier 3
British Virgin Islands#SIBA/L/20/1130
License Details
Type:Financial Service
License #:SIBA/L/20/1130
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Japan
FSATier 3
Japan#Kanto Local Finance Bureau Director (Kinsho) No. 2137
License Details
Type:Retail Forex License
License #:Kanto Local Finance Bureau Director (Kinsho) No. 2137
Status:Regulated
Validity
Effective:N/A
Expires:N/A
5
Tier 1
7
Countries
0
Offshore

Account Types

Trading account options

3 types
Standard
Standard
Leverage 1:50 • Commission Spread-only pricing, no commissions
Leverage1:50
CommissionSpread-only pricing, no commissions
Premium
VIP
Min Deposit USD 10,000 • Leverage 1:50 • Commission Spread-only pricing, no commissions
Min DepositUSD 10,000
Leverage1:50
CommissionSpread-only pricing, no commissions
Premium
VIP
Leverage 1:50 • Commission Spread-only pricing, no commissions
Leverage1:50
CommissionSpread-only pricing, no commissions
3
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

10 methods
Debit Card
Debit CardInstant
Deposit
Fee:Free
Min:N/A
Max:USD 20,000
Withdrawal
Fee:Free
Min:N/A
Max:USD 20,000
Clients from Puerto Rico cannot deposit using cards. Bank may charge service fees.
ACH Transfer
Bank TransferInstant
Deposit
Fee:Free
Min:N/A
Max:USD 50,000
Withdrawal
Fee:Free
Min:N/A
Max:USD 50,000
Ensure originating account name matches OANDA account. Instant ACH not available for spot crypto sub-account.
Bank Wire Transfer
Wire Transfer3 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Bank may charge service fees. Available for domestic and international clients.
Credit Card
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:USD 20,000
Withdrawal
Fee:Free
Min:N/A
Max:USD 20,000
Bank may charge service fees. Available in regions where OANDA operates.
10
Free Deposit
10
Instant
0
Crypto

Trading Platforms

Professional trading tools

1 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with OANDA: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark OANDA at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for OANDA

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://www.oanda.com/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

5 platform
Scroll to see all 5 platforms

Corporate Network

Enterprise structure & relationships

3 entities

OANDA Corporation(Pennsylvania)

United States
active

Registration

7310534

Established

N/A

OANDA COINPASS LIMITED

United Kingdom
active

Registration

11164834

Established

N/A

OANDA EUROPE LIMITED

United Kingdom
active

Registration

07110087

Established

N/A

Comments

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