What is Oanda

OANDA is a licensed forex broker headquartered in Canada. It is under strict supervision by various regulatory bodies involving the National Futures Association (NFA). So OANDA can provide financial products with Forex in the US.

OANDA is a platform providing internet-base forex trading and currency information services. Four different types of accounts are available with low minimum deposit and negative balance protection. Its accounts support various currencies and investors can trade bonds, indices, commodities and forex pairs on the platform.

On BrokersView, OANDA scores 7.5 out of 10 (as of August 29, 2023), with 83 reviews. It is labeled as a platform with multilingual support, long-established, and MT4 available.