Name: OANDA
Brand: Oanda
Price: 50 SGD
Availability: InStock
Rating: 4.3 (1 reviews)

Overview

OANDA gives forex and CFD traders access to 70+ currency pairs with spreads from 0.6 pips on EUR/USD and USD/JPY, or from 0.0 pips with core pricing at US$3 per 100K traded. Five platform options include OANDA Web, MetaTrader 4, MetaTrader 5, TradingView (rated 4.54 stars by 15K+ users), and a mobile app rated 4.7/5 on the App Store. Guaranteed Stop Loss Orders reduce margin by up to 95%, and share CFDs are now available with 0% commission for 90 days on new OANDA One accounts. Named Singapore's Most Trusted Broker (Compare Forex Brokers 2025) and MAS-regulated under OANDA Asia Pacific Pte Ltd (Reg. 200704926K), the broker also runs a welcome bonus of up to S$18,888.

Pros

↑Welcome bonus up to SG$10,000 matching profits or losses helping manage risk
↑Industry-leading forex spreads from 0.6 pips with zero commission option
↑Guaranteed Stop Loss Orders reduce margin by up to 95% for capital efficiency

Cons

↓Share CFDs recently added but product range still narrower than multi-asset rivals
↓Limited cryptocurrency offering with only 4 crypto CFDs available
↓Spreads widen during volatile market periods and major news events

Key Highlights

Trading Costs
EUR/USD from 0.6 pips
Spread-only pricing: EUR/USD from 0.8 pips, USD/JPY from 0.6, GBP/USD from 1.1
Core pricing: EUR/USD from 0.0 pips plus US$3 per 100K units (US$30 per million)
AUD/USD from 0.6 pips spread-only or 0.0 core pricing
Premium accounts: reduced core pricing US$40 per million with volume rebates

Assets & Markets
70+ forex pairs
70+ currency pairs including majors, minors, and exotics
Multiple global indices spanning US, European, and Asia-Pacific markets
22 metals including gold and silver in USD and SGD
4 cryptocurrency CFDs and 6 bond CFDs available

Why Choose?
Most Trusted Broker 2025
Singapore's Most Trusted Broker by Compare Forex Brokers 2025
Rated 4.54 stars by TradingView users with 15K+ reviews
Guaranteed Stop Loss Orders reduce margin by up to 95%
V20 execution engine with sub-millisecond speeds, no re-quotes
Five platforms: OANDA Web, Mobile, TradingView, MT4, MT5
Singpass integration for effortless account opening

Regulation & Safety
MAS regulated (200704926K)
Licensed by MAS under OANDA Asia Pacific Pte Ltd (Reg. 200704926K)
Capital Markets Services Licence holder
Client funds segregated at Standard Chartered Bank and DBS Bank
Negative balance protection for all retail clients
Local Singapore office serving the market for over 10 years

Account Minimum
$0 minimum deposit
No minimum deposit required for Standard accounts
No minimum balance to maintain any account tier
Fund only what you need to open positions
Multiple funding methods including bank transfer and cards

Key Benefits

Trading Costs

★4.5

▼

EUR/USD from 0.8 pips spread-only, or 0.0 pips core pricing plus US$3 per 100K
USD/JPY from 0.6 pips spread-only, AUD/USD from 0.6 pips
Share CFDs: 0.06% - 0.08% commission depending on market
Volume-based rebates for Premium accounts, discounted financing
Zero platform fees, free SGD withdrawals, 0.5% currency conversion

Platform And Tools

★4.6

▼

Five integrated platforms: OANDA Web, Mobile, TradingView, MetaTrader 4, MetaTrader 5
Advanced charting powered by TradingView with 100+ indicators
MT4 Premium Upgrade adds 28 specialised tools, MT5 adds depth of market
Trade directly from charts with customisable interface
Single login accesses all platforms simultaneously

Research And Analysis

★4.2

▼

Dow Jones International news feed integrated
4CAST market insights and analysis
Economic calendar with importance ratings
AutoChartist automatic pattern recognition
OANDA orderbook overlay for market sentiment insights

Mobile Trading

★4.7

▼

Award-winning iOS and Android apps rated 4.7/5 stars
Full platform functionality with all trading features
Chart trading capabilities on mobile devices
Customizable push notifications for price alerts
Real-time streaming quotes and economic events

Account Features

★4.3

▼

Three-tier account structure: Standard, Premium, Premium Plus
No minimum deposit for Standard accounts
Multiple sub-accounts in different currencies supported
Hedging capabilities and 24/5 customer support
Singpass integration for Singapore residents

Security And Trust

★4.6

▼

MAS-regulated broker with Capital Markets Services Licence
Client funds segregated at Standard Chartered Bank and DBS Bank
Negative balance protection for all retail clients
25+ years of operating history serving global clients
Regular compliance audits and regulatory oversight

Customer Support

★4.4

▼

24/5 multilingual customer support in English, Chinese, Malay
Local Singapore team with phone, email, and live chat
Highest client satisfaction (Investment Trends 2021 Singapore Leverage Trading Report)
Dedicated relationship managers for Premium Plus account holders
Detailed FAQ centre and educational resources

Educational Resources

★4.0

▼

Free demo account with practice trading capabilities
Customer Knowledge Assessment for retail investor protection
Educational articles and trading guides available
Market analysis content and webinars
Platform tutorials for all trading interfaces

VIP Program

1Standard

▼

Volume A U M	No minimum deposit required for existing clients No minimum monthly trading volume
Fee Waivers	Standard spreads from 0.6 pips on major pairs No monthly account maintenance fees Core pricing: US$50 per million traded
Exclusive Tools	Access to all four trading platforms Basic market analysis and research tools Standard charting capabilities
Other Perks	24/5 customer support via phone, email, and live chat Educational resources and demo account AutoChartist pattern recognition

2Premium

▼

Volume A U M	Initial deposit of S$20,000 OR US$30 million notional volume within 3 months Active for qualifying quarter plus subsequent quarter Volumes reset quarterly on January 1, April 1, July 1, October 1
Fee Waivers	Reduced core pricing: US$40 per million traded Bank wire transfer fee reimbursements Volume-based rebates up to US$6 per million
Exclusive Tools	Premium market insights and analysis MT4 Premium Upgrade with 28 specialized tools Priority access to new features
Other Perks	Dedicated relationship manager support Market analyst consultations available Enhanced customer service priority

3Premium Plus

▼

Volume A U M	Initial deposit of S$100,000 OR US$200 million notional volume within 3 months Must maintain volume requirements to remain in tier Quarterly tier reassessment based on trading activity
Fee Waivers	Reduced core pricing: US$40 per million traded Higher volume rebates reaching US$6 per million All bank wire transfer fees reimbursed
Exclusive Tools	Free Virtual Private Server hosting through BeeksFX partnership API access through FXCQG for algorithmic trading Advanced market analysis tools
Other Perks	Personal relationship manager assigned Priority market analyst consultations Subsidized platform subscriptions and exclusive events

Available Tools

Trading Tools

▼

Paper Trading	✓
Margin Trading	✓
Zero Commission	✓
Fractional Shares	×
After Hours Trading	×

Automation

▼

Dca	×
Algo Trading	✓
Grid Trading	×
Trading Bots	×
Robo Advisory	×
Sentiment Analysis	✓
Social Copy Trading	×
Ai Trading Assistant	×

Advanced Tools

▼

Api Access	✓
Basket Trading	×
Options Strategies	×
Smart Order Routing	×
Backtesting Capabilities	×

Portfolio Tools

▼

Tax Harvesting	×
Islamic Account	×
Auto Rebalancing	×
Dividend Tracker	×
Economic Calendar	✓

Detailed Information

Commission Tiers	Standard: Spread-only (zero commission) or core pricing US$3 per 100K (US$30 per million) Premium (S$20K deposit or US$30M vol/quarter): Core pricing US$40 per million Premium Plus (S$100K deposit or US$200M vol/quarter): Core pricing US$40/M plus rebates to US$6/M Share CFDs: 0.06% - 0.08% per side depending on market Tiers active for qualifying quarter plus subsequent quarter
Trading Fees	Spread-only: EUR/USD from 0.8, USD/JPY from 0.6, AUD/USD from 0.6, GBP/USD from 1.1 pips Core pricing: EUR/USD from 0.0 pips plus US$3 per 100K units (US$30 per million) Share CFDs: 0.06% (US, UK, French, German, Spanish) or 0.08% (other markets) per side Share CFDs: 0% commission for 90 days on new OANDA One accounts (ends 31 Mar 2026) Variable spreads widen during volatile periods and major news events
Financing Rates	Daily financing charges apply for positions held overnight Rates based on tom-next swap rates from liquidity providers Different rates for long and short positions by instrument Financing calculator available on platform to estimate costs
Margin Interest Rate	5% margin requirement for retail clients (20:1 leverage maximum) 2% margin requirement for accredited investors on forex (50:1 leverage) Margin relief available with stop loss orders reducing requirements GSLO reduces margin to amount at risk plus 10% buffer
Overnight Fees	Variable overnight financing based on instrument and position direction Tom-next swap rates derived from liquidity providers Rates displayed in platform before opening positions No overnight fees for same-day closed positions
Non Trading Fees	No platform access fees or subscription charges No account maintenance fees for any tier Inactivity fee: Maximum SGD $10 per month after 12 months inactive Fee stops when positions are open or activity resumes
Deposit Fee	0 (PayNow, DBS Bill Pay, FAST, bank wire all free from OANDA side)
Withdrawal Fee	SGD withdrawals: Free Non-SGD bank wire: US$20 first withdrawal per month Non-SGD bank wire: US$35 for subsequent withdrawals Premium and Premium Plus: Bank wire fees reimbursed
Inactivity Fee	Maximum SGD $10 per month after 12 months of no activity Fee stops accruing when positions are open No fee for accounts with open trades
Currency Conversion Fee	0.5% mark-up/mark-down on midpoint price Applies when trading instruments in currencies other than account base currency Displayed transparently before trade execution
Data Feed Fees	Real-time market data included at no additional cost Streaming quotes for all tradable instruments No separate data subscription fees required
Order Modification Fee	0
Vip Fee Tiers	Premium: Core pricing US$40 per million, bank wire reimbursements Premium Plus: Core pricing US$40 per million plus volume rebates to US$6 per million Free VPS hosting for Premium Plus accounts No additional monthly fees for VIP tiers beyond trading requirements

Minimum Spreads	EUR/USD: 0.8 pips spread-only or 0.0 pips core pricing USD/JPY: 0.6 pips spread-only or 0.0 pips core pricing AUD/USD: 0.6 pips spread-only or 0.0 core; GBP/USD: 1.1 or 0.1 core EUR/GBP: 0.7 spread-only or 0.0 core; USD/CAD: 1.1 or 0.0 core
Maximum Leverage	Retail clients: 20:1 maximum (MAS-mandated across all instruments) Accredited investors: Up to 50:1 for forex pairs Accredited status requires SGD $300,000 annual income or SGD $2M net assets Leverage reduction with risk management tools
Margin Call Level	100% margin level triggers margin call warning Positions at risk of automatic closeout below this level Email and platform notifications sent
Stop Out Level	50% margin level triggers automatic position closeout Positions closed starting with largest loss first Prevents account from going into negative balance
Negative Balance Protection	Yes, all retail clients protected from negative balances Account cannot lose more than deposited funds MAS regulation mandates this protection
Settlement Period	Instant settlement for CFD trades No settlement period as positions are not physical delivery Profits and losses immediately reflected in account balance
Order Execution Quality	No dealing desk execution model V20 engine with sub-millisecond execution speeds No re-quotes on market orders Price improvements possible when better prices available Transparent execution statistics published

Stocks Count	0
Etfs Count	0
Crypto Count	4
Forex Pairs Count	70
Product Universe Overview	70+ forex pairs across majors, minors, and exotic currencies Share CFDs on US, UK, French, German, Dutch, Spanish, Belgian, Swedish, Danish, Finnish, Portuguese stocks Multiple global indices including US, European, and Asia-Pacific markets 22 metals covering precious and base metals, gold and silver in SGD Energy commodities: Brent crude oil from 3 points, gold from 25 cents 4 cryptocurrency CFDs and 6 bond CFDs available
Geographic Market Coverage	Americas: US indices (S&P 500, NASDAQ 100, Dow Jones) Europe: FTSE 100, DAX 40, CAC 40, Euro Stoxx 50 Asia-Pacific: Nikkei 225, Hang Seng, China A50, Australia 200, Singapore 30 All major currency pairs and cross pairs available
Major Markets Details	US markets: S&P 500, NASDAQ 100, Dow Jones Industrial Average European markets: Germany 30, UK 100, France 40, Europe 50 Asian markets: Japan 225, Hong Kong 50, China A50, Australia 200 Both in-hours and out-of-hours index trading models available
Emerging Markets Details	China A50 index provides exposure to Chinese equity market Emerging market currencies available in exotic forex pairs Limited direct emerging market access through CFD structure
Base Currencies Supported	SGD, USD, EUR, HKD, GBP, AUD, CAD, JPY Multiple sub-accounts in different currencies supported Currency conversion at 0.5% for non-base currency trades

Trading Platforms Overview	Five integrated platforms: OANDA Web, OANDA Mobile, MetaTrader 4, MetaTrader 5, TradingView Single OANDA login accesses all platforms simultaneously Rated 4.54 stars by TradingView users with 15K+ reviews Mobile apps rated 4.7/5 stars on Apple App Store All platforms free to use, no subscription fees
Desktop Platform	OANDA Trade web-based platform requires no download Advanced charting powered by TradingView with 32 overlays and indicators Customizable interface with multiple profile support Trade directly from charts with one-click execution Depth of market pricing display
Mobile App	Native iOS and Android apps with full platform functionality Award-winning mobile platform with 4.7/5 star rating Chart trading capabilities on mobile devices Customizable push notifications for price alerts and economic events Biometric authentication for secure access
Web Platform	Browser-based OANDA Trade platform accessible from any device No software installation or downloads required Full feature parity with desktop capabilities TradingView charts integrated directly in interface Responsive design adapts to screen size
Trading Tools And Features	TradingView advanced charting with 100+ indicators AutoChartist automatic pattern recognition OANDA orderbook overlay for sentiment analysis Currency strength heat maps Economic calendar with importance ratings
Charting And Technical Analysis	TradingView integration with 100+ pre-built indicators 12+ chart types including candlestick, bar, line, Heikin-Ashi 50+ drawing tools including Fibonacci, trend lines, channels Multiple timeframes from 1-minute to monthly Synchronized multi-chart layouts
Risk Management Tools	Standard stop loss orders Take profit orders Guaranteed Stop Loss Orders (GSLO) with no slippage Trailing stops Margin relief reducing requirements by up to 95% with GSLO
Order Types Available	Market orders for immediate execution Limit orders at specified price Stop orders to enter on breakout OCO (One-Cancels-Other) orders with MT4 Premium If-done orders linking entry and exit
Integrations And Api Access	API access through FXCQG partnership for algorithmic trading REST API and FIX API available for institutional clients Low-latency infrastructure for automated strategies Rate limits apply based on account type Documentation and support provided
Third Party Platforms	MetaTrader 4 with Expert Advisor support and Premium Tool Pack MetaTrader 5 with depth of market and improved charting TradingView integration (rated 4.54 stars with 15K+ reviews) BeeksFX VPS hosting for Premium Plus accounts FXCQG API for institutional-grade algorithmic trading
Api Rate Limits	Standard rate limits apply based on account tier Higher limits for Premium and Premium Plus accounts Contact support for specific rate limit details
Algo Trading Support	Yes, full algorithmic trading support through API Expert Advisors on MetaTrader 4 Custom trading applications via FXCQG partnership VPS hosting available for 24/5 automated trading

Customer Support Overview	24/5 multilingual customer support Local Singapore team with regional expertise Phone, live chat, and email channels available Award-winning service quality recognized in 2021 Relationship managers for Premium Plus accounts
Phone Support Hours	24 hours per day, 5 days per week Monday through Friday continuous coverage Singapore local phone number available
Live Chat Availability	24/5 live chat support Instant responses during business hours Queue system during peak periods
Email Response Time	Typically within 24 hours Faster response for Premium and Premium Plus accounts [email protected] for general inquiries
Languages Supported	English, Chinese (Mandarin), Malay Additional languages available through translation services Multilingual staff for Singapore market
Local Office Presence	Singapore office at Raffles Place Local team familiar with MAS regulations Regional support for Asia-Pacific clients
Account Manager	Standard accounts: General support team Premium accounts: Dedicated relationship manager Premium Plus: Personal relationship manager with market analyst access
Educational Resources Overview	Free demo account for practice trading Educational articles and trading guides Platform tutorials for all interfaces Webinar series on trading strategies Customer Knowledge Assessment for retail protection
Beginner Resources	Getting started guides for new traders Platform tutorial videos Risk management education Customer Knowledge Assessment required by MAS Demo account with virtual funds
Webinars And Tutorials	Regular webinar series on market analysis Platform tutorial videos for all interfaces Trading strategy sessions Technical analysis workshops
Market Analysis And Research	Daily market analysis from OANDA team Dow Jones International news feed 4CAST market insights and forecasts Economic calendar with impact ratings OANDA orderbook sentiment analysis
Demo Account Details	Unlimited demo account with virtual funds Full platform functionality for practice Real market prices and conditions No time limit or expiration Customer Knowledge Assessment required before live trading
Trading Courses	Educational articles on forex and CFD trading Strategy guides for different market conditions Technical and fundamental analysis tutorials Risk management courses
Tax Reporting Help	Transaction history downloadable for tax purposes Annual statements provided No specific tax preparation services Clients responsible for own tax reporting

Regulation Overview	Licensed by Monetary Authority of Singapore (MAS) OANDA Asia Pacific Pte Ltd (Reg. No. 200704926K) Capital Markets Services Licence holder Compliant with Singapore Securities and Futures Act (SFA) Client funds segregated at Standard Chartered Bank and DBS Bank Singapore's Most Trusted Broker (Compare Forex Brokers 2025)
Primary Regulator	Monetary Authority of Singapore (MAS)
License Number	Capital Markets Services Licence Entity: OANDA Asia Pacific Pte Ltd Registration: 200704926K
Investor Protection Scheme	Client funds segregated at Standard Chartered Bank and DBS Bank Trust account structure separating client and company funds Regular audits of client money accounts Negative balance protection for retail clients MAS investor protection framework applies
Security Features	Two-factor authentication for account access SSL encryption for all data transmission Secure client portal with biometric login options Regular security audits and penetration testing Account alerts for unusual activity Secure payment channels for deposits and withdrawals

Commission Tiers

Standard: Spread-only (zero commission) or core pricing US$3 per 100K (US$30 per million)
Premium (S$20K deposit or US$30M vol/quarter): Core pricing US$40 per million
Premium Plus (S$100K deposit or US$200M vol/quarter): Core pricing US$40/M plus rebates to US$6/M
Share CFDs: 0.06% - 0.08% per side depending on market
Tiers active for qualifying quarter plus subsequent quarter

Trading Fees

Spread-only: EUR/USD from 0.8, USD/JPY from 0.6, AUD/USD from 0.6, GBP/USD from 1.1 pips
Core pricing: EUR/USD from 0.0 pips plus US$3 per 100K units (US$30 per million)
Share CFDs: 0.06% (US, UK, French, German, Spanish) or 0.08% (other markets) per side
Share CFDs: 0% commission for 90 days on new OANDA One accounts (ends 31 Mar 2026)
Variable spreads widen during volatile periods and major news events

Financing Rates

Daily financing charges apply for positions held overnight
Rates based on tom-next swap rates from liquidity providers
Different rates for long and short positions by instrument
Financing calculator available on platform to estimate costs

Margin Interest Rate

5% margin requirement for retail clients (20:1 leverage maximum)
2% margin requirement for accredited investors on forex (50:1 leverage)
Margin relief available with stop loss orders reducing requirements
GSLO reduces margin to amount at risk plus 10% buffer

Overnight Fees

Variable overnight financing based on instrument and position direction
Tom-next swap rates derived from liquidity providers
Rates displayed in platform before opening positions
No overnight fees for same-day closed positions

Non Trading Fees

No platform access fees or subscription charges
No account maintenance fees for any tier
Inactivity fee: Maximum SGD $10 per month after 12 months inactive
Fee stops when positions are open or activity resumes

Deposit Fee

0 (PayNow, DBS Bill Pay, FAST, bank wire all free from OANDA side)

Withdrawal Fee

SGD withdrawals: Free
Non-SGD bank wire: US$20 first withdrawal per month
Non-SGD bank wire: US$35 for subsequent withdrawals
Premium and Premium Plus: Bank wire fees reimbursed

Inactivity Fee

Maximum SGD $10 per month after 12 months of no activity
Fee stops accruing when positions are open
No fee for accounts with open trades

Currency Conversion Fee

0.5% mark-up/mark-down on midpoint price
Applies when trading instruments in currencies other than account base currency
Displayed transparently before trade execution

Data Feed Fees

Real-time market data included at no additional cost
Streaming quotes for all tradable instruments
No separate data subscription fees required

Order Modification Fee

Vip Fee Tiers

Premium: Core pricing US$40 per million, bank wire reimbursements
Premium Plus: Core pricing US$40 per million plus volume rebates to US$6 per million
Free VPS hosting for Premium Plus accounts
No additional monthly fees for VIP tiers beyond trading requirements

OANDA

Overview

Pros

Cons

Key Highlights

Key Benefits

VIP Program

Available Tools

Detailed Information

Related Products

Pros

Cons