OANDA

Forex pioneer with transparent pricing and strong APIs

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MFSA, FCA, ASIC, CFTC

Trading involves risk of capital loss. TradingScorer rates brokers — it is not a financial advisor.

Overview

OANDA has been a reference in retail forex since 1996 and serves European clients through OANDA Europe Markets Ltd in Malta. It is appreciated for transparent execution statistics, fractional lot sizes and its REST API.

Pros

No minimum deposit
Trade any position size
Robust API for automation

Cons

Forex and CFDs only
Inactivity fee
No French-language support

User reviews