We offer competitive CFD spreads on over 100+ instruments, including forex, indices, precious metals, brent crude oil and other commodities. Our range of platforms include:
The award-winning* OANDA Trade platform
MetaTrader 4 - the globally renowned trading platform
Voted Most Popular Broker three years in a row (TradingView Awards 2022, 2021, 2020). Named Best in Class for Research and Ease of Use (ForexBrokers.com 2023 Annual Awards). Voted Best US Forex Broker (Compare Forex Brokers Awards 2023). Voted Best Low Cost Broker (ADVFN International Financial Awards 2023). Voted Best Forex Broker two years in a row (TradingView Broker Awards 2021, 2020). Awarded highest client satisfaction for mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex). Awarded highest overall client satisfaction (Investment Trends 2021 US Leverage Trading Report, Margin Forex). Best Trading Tools winner (Online Personal Wealth Awards 2021).
Enjoy a range of account benefits, access our independent market analysis webinars and trade using powerful platforms.
Our standard and Elite Trader accounts offer a range of benefits, including institution-grade execution, 24-hour support and a host of platform features.
Take advantage of our independent market analysis webinars. Conducted weekly to help you hone your trading strategies, you can learn about charting, risk management and more.
Trade forex CFDs using the MetaTrader 4 platform - the globally renowned trading platform. Our custom-built bridge combines OANDA’s pricing and execution with MT4’s charting and analysis.
Margin requirements for retail clients are governed by the Canadian Investment Regulatory Organization (CIRO), who sets the minimum margin rates for different asset classes. Margin requirements vary given the base currency of your account.
Forex trading is the buying or selling of one country’s currency in exchange for another.
Forex is one of the most liquid markets in the world
It has a trading volume of $6 trillion per day
The US dollar is the most widely traded currency in the world
Forex is traded on margin, meaning you can gain a potentially higher market exposure by putting down just a fraction of the full value of your trade. You can trade forex CFDs using leverage. Higher exposure leads to bigger ups and bigger downs. With forex trading, you can speculate when one currency is rising as well as falling as compared to other currencies.
Our pricing engine aggregates live prices, in real time, from our liquidity providers and calculates a mid-point. A custom-built pricing algorithm automatically calculates the spread symmetrically around the mid-point for each tradable instrument. This mid-point fluctuates throughout the day as market prices change.
Forex prices can move quickly, especially during volatile market conditions. Our award-winning* trading platform is engineered for reliability and speed.
Fairness and transparency are at the heart of everything we do. We are upfront about our charges and fees, so you always know exactly how much you are paying when you trade with us.
It is simple and straightforward to deposit and withdraw funds to and from your OANDA trading account. Funds can be deposited using a number of methods, including credit and debit card, PayPal, online banking and bank wire transfer.
*Voted Most Popular Broker three years in a row (TradingView Awards 2022, 2021, 2020).
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With over 25 years of experience, the OANDA Group offers leading tools, powerful platforms and transparent pricing.
Join our Elite Trader program
Earn cash rebates from 5 CAD to 17 CAD per million with our Elite Trader program. Designed exclusively for our high volume traders, this is the program that gives you more, the more you trade.
Three ways to trade, plus TradingView and MetaTrader 4
Our range of platforms include OANDA Trade web, mobile and tablet, as well as TradingView and MetaTrader 4.
Take a CFD position on metals
We offer competitive spreads on a wide range of metals including gold and silver.