Foreign exchange, the most liquid market with a daily volume of $5 trillion, offers trading opportunities in both rising and falling markets.


Trade all forex majors plus over 55 other FX pairs on our award-winning proprietary desktop platform, mobile apps or MT4 and access competitive spreads with no commissions.

Instrument Bid Ask Spread
Instrument Bid Ask Spread

There may be unusual market activity on all JPY related currency pairs during Golden Week in Japan 26th April 2019 - 7th May 2019.
Low liquidity may sometimes impact our ability to offer prices on certain instruments, and our spreads are dynamic and may therefore widen. During this period, prices may move rapidly and consequently your trade/ order may be executed at a materially different price to the one that is quoted on the trading platform. Use the price bound setting on your trade ticket. View the margin requirements of your region on our regulatory page.


See a summary of OANDA's Clients' positions in the forex market

Forex Order Book

A 24-hour summary of open orders and positions held by OANDA's clients

See OANDA clients' positions across major currency pairs in the forex market

Forex Open Positions Ratio

See a breakdown of OANDA clients’ recent open positions across major pairs.

See a history of OANDA Clients' long and short positions over time and use the data as part of your strategy

Forex Historical Position Ratio

See how long-short positions held by OANDA clients have evolved over time

OANDA's Currency Strength Heatmap tool to help you build your forex strategies

Currency Strength Heatmap

See where your currency ranks against other currencies traded against it


Open a demo account to fine tune your trade strategies

Try a demo account

Apply for a live account now and you could be trading in minutes

Open a live account

Trading involves significant risk of loss


Trade stock indicies in forex market


Trade stock indices which are weighted averages derived from the companies listed on the exchange.

Trade commodities in forex market


Trade the world’s most popular commodities such as such as wheat, corn, crude oil and natural gas.

Trade metals in forex market with OANDA

Precious Metals

Diversify your trading portfolio and trade gold, silver, platinum, and palladium alongside currencies.

Trade bonds in the forex market with OANDA


Take a position on future interest rate movements while leveraging the security and stability of government treasuries.

Frequently Asked Questions

What is forex (FX, Foreign exchange) trading?

Forex trading (FX, Foreign Exchange) is the leveraged buying and selling of currencies against each other. You can learn more about the basics of currency trading by visiting thelearn-forex-trading

Which forex currency pairs and spreads are offered?

You can find a comprehensive list of available currency pairs and current spreads here.
To add pairs to your Rate list on the OANDA trading platform, go to Tools > User Preferences > Rates. To view all pairs on your MT4 platform, right-click any of the symbols listed in Market Watch section and choose "Show All".

What are OANDA’s trading hours for forex trading?

Forex market trading hours generally close at the end of the New York trading session on Friday afternoon and resume with the opening of the Asian session early Sunday afternoon, Eastern time. OANDA's hours of operation coincide with the global financial markets. Learn about the OANDA Trading Hours for the division you are registered in.

What are the deposit options to fund my OANDA account for forex trading?

Our deposit options vary based on the OANDA division with which you hold your account. Please check the relevant Deposit Funds section for more details on how to fund your account.

How to trade forex?

OANDA does not offer specific trading advice to our clients. However, we do offer a number of resources to help you learn and improve. Visit the OANDA Help Portal to learn about our trading education resources onhow to trade forex.

What is the minimum deposit requirement for forex trading?

There is no minimum deposit or minimum balance required to open an OANDA account for forex trading. You only need make sure to have enough equity to open positions of sizes you are comfortable with including margin requirements. You can calculate the margin required when you open a position in a currency pair using the OANDA Forex Margin Calculator .

Where do I find OANDA’s registration forms, legal and trading documentation for forex trading?

OANDA’s registration forms, legal and trading documentation vary based on the OANDA division with which you hold your account for forex trading. Please check the relevant Legal & Regulatory Documentation section for more details.

What are OANDA’s margin rules for forex trading?

The OANDA platform supports margin trading, which means you can enter into positions larger than your account balance. OANDA’s margin rules vary based on the regulatory requirements applicable to the OANDA division with which you hold your account. Please select the applicable OANDA division to learn more details about OANDA Margin Rules for forex trading.
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Make better trading decisions. Explore the world of forex and CFD trading with free tutorials and other resources.

† Disclaimer:

Contracts for Difference (CFDs) or Precious Metals are NOT available to residents of the United States.

The Commodity Futures Trading Commission (CFTC) limits leverage available to retail forex traders in the United States to 50:1 on major currency pairs and 20:1 for all others. OANDA Asia Pacific offers maximum leverage of 50:1 on FX products and limits to leverage offered on CFDs apply. Maximum leverage for OANDA Canada clients is determined by IIROC and is subject to change. For more information refer to our regulatory and financial compliance section.

Palladium is not available to residents of Canada.