Our Spreads Are Not Negotiable™

All OANDA traders get ultra-tight spreads with no extra fees, no commissions, no middlemen

OANDA takes cost uncertainty out of the equation. We offer the same spreads to everyone, with no discrimination or restrictions.

To be absolutely open and clear about the cost of trading with us, we publish our spreads for all traded currency pairs online, for everyone to see. We also publish a weekly record of the previous seven days worth of spreads so everyone can audit our historical data. Our trading platform refreshes spread and rate data tick-by-tick, so you can adapt your strategy to fit market conditions.

We're a different type of market maker

OANDA approaches forex trading differently than banks and other market makers. In fact, we’ve made it our mission to change the way forex trading is done—to make it more efficient, less costly, and fair.

We refuse to engage in the practice of inflating spreads to provide hidden kickbacks to Introducing Brokers (IBs) or any third party. In the era of electronic trading, these middlemen offer no value for collecting a portion of the spread.

At OANDA, we never pigeonhole our clients into categories based on who they are, how much they trade, or who referred them. Everyone gets the same low spread and equal access to our forex market data—no matter what their account size or trading patterns.