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OANDA Review 2026

Founded 1996 · New York, USA

Last updated: May 10, 2026

OANDA is a globally regulated forex broker with deep roots in currency data. It is highly respected for its transparent pricing, lack of minimum deposit, and strong support for US traders.

Min Deposit
$0
Spread From
1.0 pips
Max Leverage
1:50
Execution
30ms
TrustMetrics™ Score
96
out of 100
🛡️ Regulation & Safety30/30
💰 Trading Costs19/25
Platform & Execution23/20
🏦 Withdrawals & Support14/15
📚 Education & Tools14/10
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OANDA Spreads & Fees Breakdown

Our automated tracking systems monitor OANDA's live pricing across all major trading sessions. Below is the historical average spread data for their most popular account type.

InstrumentDaily AverageLondon SessionNY SessionAsian Session
EUR/USD1.2 pips1 pips1.1 pips1.5 pips
GBP/USD1.5 pips1.3 pips1.4 pips2 pips
XAU/USD (Gold)35 pips30 pips32 pips45 pips
BTC/USD$40N/AN/AN/A

Non-Trading Fees

Inactivity Fee
$10 per month (after 12 months)
Deposit Fee
$0
Withdrawal Fee
$0 (First withdrawal of the month free, bank wires vary)