Is OANDA free to use?
Most of OANDA's online currency tools are free. If you are using a charged service, you have been given access to a restricted area by one of OANDA's team and you were given detailed information on the charges that will apply to your account. We do not have any hidden charges.
Is OANDA safe?
Is OANDA safe? OANDA is considered low-risk, with an overall Trust Score of 91 out of 99. OANDA is not publicly traded, does not operate a bank, and is authorised by six tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust).
What is OANDA exchange?
OANDA is a leader in currency data, offering forex & CFD trading, corporate fx payments and exchange rates services for a wide range of organizations and investors.
Does OANDA have a monthly fee?
You will be charged a monthly fee of 10 units of the currency in which your account is denominated when there are no open trades in your account for a period of at least 12 months.