Why OANDA
We set high standards – and raised the standard.
At our heart, we are a technology-driven, financial services corporation that delivers value to our clients by investing in cutting-edge technological solutions, being client-focused in everything we do, doing the right thing and building a team of people who believe in our core values of integrity, excellence and continual self-improvement.
Co-founded in 1996 by Dr. Michael Stumm, a computer scientist, and Dr. Richard Olsen, an economist, OANDA was built on the belief that the internet and technology would open up the markets, both for data and trading, to create fair access for everyone. True to the belief, we were the first company to make comprehensive currency exchange information available over the Internet in 1996 and helped pioneer the development of internet-based currency trading in 2001.
Over the past 20 years, we’ve grown from a tech start-up to a global, leading corporation with offices in 8 major financial centers, clients in over 196 countries, customer service in 9 languages, and membership with 6 major regulators.
Transparency is our business model: we pride ourselves on our exemplary, regulatory track record and always strive to do the right thing by our clients. We made the unprecedented decision to side with our clients during the Swiss National Bank crisis in 2015. Furthermore, we do not reject or re-quote trades if the transaction doesn’t suit our needs or our ledger.
In the coming years, our promise to our clients, partners and employees is to continue to disrupt the industry and open opportunities through technological solutions, to hold ourselves to the highest bar of integrity and to deliver value for money by constantly striving to understand our clients’ needs and how we can best serve them.
Possessing one of the world’s largest and most accurate databases of FX RATES, we are a trusted provider of forex and CFD trading, exchange rates data and FX transfers for small businesses and corporations.
Brokerage Info:
Legal Name: OANDA
Operational Since: 1995
Domiciled Country: United States
Headquarters City: New York City
International Offices: Canada Japan Singapore Switzerland U.A.E. United States UK
Regulation: NFA CFTC FSA(Japan) FCA(UK)
Monthly Volume In USD: Undisclosed
Number Of Liquidity Providers: Undisclosed
Managed Account Services: Yes
Markets/Instraments: Forex, CFDs, Metals, Energies, Indexes, Spread betting
Parent/Subsidiary/Affiliations: Independant Broker
Account Parameters:
Broker Type: Market Maker
Account Types: Standard/Premium
MAM/PAMM Accounts: Yes: PAMM
Min. Deposit: $1 Standard/$50,000 Premium
Minimum lot size: 0.01
Max Leverage: 1:50-US
Spread type: Fixed
Execution Type: Market
Payment options: Bank Wire, Cheque, Debit Card
Withdrawal options: Same as Deposit
Accept US clients: Yes
Trading Features:
Currency Pairs Total: 72+
Trading platforms: MT4, fxTrade , Currensee
Commission Fees: Yes
News Trading: Yes
Mirror/Social Trading: No
Scalping: Yes
Hedging: Yes (non-US accounts)
Expert Advisors: Yes
Swap Free: No
API support: Yes
OCO Orders: No