OANDA Review — Overview
OANDA is a forex & CFD broker based in Australia, established in 2009. On Trust Broker Hub it holds a Trust Score of 9.0 out of 10, which we rate as Good — above the industry average of 3.3/10. Solid, well-regulated profile suitable for most traders.
Crucially, OANDA is regulated by ASIC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
OANDA provides access to Foreign exchange, indices, stocks. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, OANDA looks like a credible option — but always verify the licence yourself and start with a small amount.
Trust score breakdown
How is this calculated?Trust Score history
OANDA currently scores 9.0/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Live website and reachable support channels
Cons
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Foreign exchange, indices, stocks |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Not disclosed |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on OANDA
Established and well-regulated
OANDA holds a tier-1 regulatory licence (ASIC). Based in Australia, it has been operating for about 17 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 9.0/10 — a strong, low-risk profile.
- Authorised by a tier-1 regulator (ASIC)
- Long 17-year operating track record
- No complaints on record with us
- Always confirm the licensed entity covers traders in your country
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
OANDA — Questions & Answers
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