Hantec Markets EUR/USD$1.00/lotSBI FX Trade EUR/USD$3.00/lotTrive EUR/USD$3.00/lotGMO Click Securities (GMO Click FX Neo) EUR/USD$3.00/lotDMM.com Securities (DMM FX) EUR/USD$3.00/lotRakuten Securities (Rakuten FX) EUR/USD$3.00/lotFXOpen EUR/USD$3.00/lotAxi EUR/USD$3.50/lotGO Markets EUR/USD$5.00/lotWindsor Brokers EUR/USD$5.00/lotFP Markets EUR/USD$6.00/lotZero Markets EUR/USD$6.00/lotSpreadex EUR/USD$6.00/lotVantage EUR/USD$6.00/lotHantec Markets EUR/USD$1.00/lotSBI FX Trade EUR/USD$3.00/lotTrive EUR/USD$3.00/lotGMO Click Securities (GMO Click FX Neo) EUR/USD$3.00/lotDMM.com Securities (DMM FX) EUR/USD$3.00/lotRakuten Securities (Rakuten FX) EUR/USD$3.00/lotFXOpen EUR/USD$3.00/lotAxi EUR/USD$3.50/lotGO Markets EUR/USD$5.00/lotWindsor Brokers EUR/USD$5.00/lotFP Markets EUR/USD$6.00/lotZero Markets EUR/USD$6.00/lotSpreadex EUR/USD$6.00/lotVantage EUR/USD$6.00/lot
Home / Rankings / OANDA
TIER 1 · BVI FSC · FCA#22 of 66 international brokers

OANDA review: the verdict.

Verdict score
7.6 / 10

Launch formula: 60% hard data, 40% outside ratings. Verified reviews from our traders replace outside ratings as they come in.

Regulation10.0
Best licence: Tier 1
Trading cost7.5
$10.00 per lot
Accessibility5.0
Deposit not published
Platforms & payments5.0
5 platforms · 0 payment methods
Outside ratings6.5
Trustpilot 3.5 from 1,239
OANDA vs top-rated peersPER YEAR

I trade standard lots of EUR/USD a month.

Trive$720
Vantage$1,440
OANDA$2,400
Cheapest vs most expensive here, per year$1,680
Regulation

Who licenses OANDA.

Licences as OANDA lists them. A tick means we found the entity on the regulator's own register.

RegulatorTierEntityLicence no.On register
BVI FSC—OANDA Global Markets LtdSIBA/L/20/1130Not yet checked
FCATIER 1OANDA Europe Limited542574Not yet checked
Accounts

Published EUR/USD costs.

AccountSpreadCommissionCost / lot
Spread-only
from
1 pip$0$10.00
Core pricing (spread + commission)
from
0.1 pip——

Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.

Key facts

The fine print.

Website
www.oanda.com
Founded
Not published
Headquarters
Not published
Minimum deposit
Not published
Max leverage
Not published
EU/UK leverage cap
—
Platforms
MT4, MT5, TradingView, own web platform, own app
Deposits & withdrawals
Not published
Islamic (swap-free) account
Not published
Copy trading
Not published
Withdrawal fees
Not published
Inactivity fee
Not published
Restricted countries
Not published
RBI Alert List (India)
Not listed · list of 19 Nov 2025 · checked 24 Oct 2026
Verified reviews

Traded with OANDA? Prove it.

Verified reviews open soon. Reviews backed by a statement, a read-only MT4/MT5 login or a withdrawal receipt count up to 3× more, and every verified review enters the weekly 100 USDT draw.

Outside rating used for now: Trustpilot 3.5 from 1,239 reviews.

Compare OANDA
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Sources · data as of 2026-10-24

Research notes: Global/offshore entity is OANDA Global Markets Ltd (BVI). BVI pricing page table shows EUR/USD 'from' 1 (spread-only) and 0.1 (core), but same page elsewhere says EUR/USD 'from 0.6 pips' - inconsistent, verify. Core commission not stated on page opened. MT4 listed on UK site; BVI site lists TradingView, MT5, mobile. Footer '(c) 1996-2026 OANDA Corporation' suggests 1996 founding but not stated -> founded null. Regulatory-information pages, spreads-margin page failed to load; other entities (US NFA/CFTC, ASIC, MAS, IIROC/CIRO, JFSA etc.) not captured. Max leverage, min deposit, fees not confirmed.

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