Oanda UK Review 2021

Global brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features.

Oanda is broker that offers traders CFD, Forex and Spreadbetting. Oanda allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, Oanda has Demo Accounts but is missing Islamic Accounts, Social Trading, Signals and Auto Trading.

Careful traders will be pleased to know that Oanda is licensed to provide trading services by multiple regulatory bodies, 3 in fact, including the FCA.

Oanda Summary

Global brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features.

Ratings

100%
Trust
50%
Instruments
28%
Features
BonusNone
InstrumentsCFD, Forex, Spreadbetting
Demo Account
Min. Deposit$0
Min. Trade$0
Regulated ByFCA, CFTC, ASIC
MT4 Integration
MT5 Integration
Mobile Apps iOS, Android and Windows
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

FTSE SpreadVariable
GBPUSD SpreadVariable
Oil SpreadVariable
Stocks SpreadStocks not offered

Forex Trading

GBPUSD Spread1.6 pips (var)
EURUSD Spread1.1 pips (var)
EURGBP Spread1.3 pips (var)
Assets70+

Payment Methods

Oanda accepts the following payment methods:

  • Wire Transfer
  • Swift
  • BPAY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.73.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Oanda vs Other Brokers

If you want to compare Oanda with other brokers, use the detailed comparisons below.

Oanda vs
Global brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features.