FREE DEMO
OANDA Free Demo Account
Practise on an OANDA demo account with virtual funds before you deposit anything.
OANDA Promo Codes, Deals & Offers
CFTC/NFA and FCA-regulated forex and CFD broker with spreads from 0.0 pips and a $0 minimum deposit.
Founded 1996New York, United StatesCFTC/NFA, FCA, ASIC, CIRO, MAS, JFSA, other regional regulators
Visit OANDA (opens in a new tab)1 live offer
OANDA does not have a promo code we have verified at the moment, and we do not publish codes we cannot confirm. The standing saving is the free demo account, which costs nothing and is the sensible first step. This page is updated whenever an offer changes, so it is the place to check before you open an account.
OANDA Deals & Coupon Codes
OANDA Free Demo Account
OANDA offers a free demo account. It is the cheapest way to test the platform, spreads and execution before any promotion matters, because it costs nothing and does not commit you to a deposit.
How to Use an OANDA Promo Code
- Reveal the code. Click "Show coupon code" on a card above. The code is revealed, copied to your clipboard, and OANDA opens in a new tab while this page stays open.
- Register or sign in. Open the account type the offer applies to, under the entity that serves your country.
- Paste the code at checkout. Enter it in the promo, coupon or partner-code field before you confirm payment or complete your first deposit. The saving should show in the total; if it does not, the code may have expired or may not apply to that option, and you can tell us so we can fix the listing.
- No code? Offers marked "No code required" are applied automatically when you arrive through the link. Free demos and trials never need a code.
About OANDA
OANDA is a forex and CFD broker founded in 1996 and headquartered in New York, United States. It is regulated by CFTC/NFA, FCA, ASIC, CIRO, MAS, JFSA and other regional regulators, which is the first thing worth checking before any promotion, because a licence decides what protection your money has and what kind of offers the broker is even allowed to run. The operating company is OANDA Corporation, part of OANDA Global Corporation.
Spreads start from 0.0 pips, with commission of Approx. $5 per side / $10 round turn on US Core Pricing on the raw or commission-based accounts. The minimum deposit is $0. Leverage goes up to 1:50 US retail majors; 1:30 UK/Australian retail majors; higher internationally, which depends on the entity you sign up with and the rules of your regulator. Markets on offer cover forex, indices, commodities, metals, shares, cryptocurrencies and other cfds depending on jurisdiction, around Hundreds to thousands depending on entity instruments in total.
Trading runs on OANDA Web, OANDA Mobile, MetaTrader 4, MetaTrader 5, TradingView. Account types include Standard, Core Pricing, Premium/Professional, Corporate, Joint and 2 more. A free demo account is offered, which is the cheapest way to test the platform before any promotion matters.
Deposits can be made by bank transfer, ach, debit card and jurisdiction-specific electronic payment methods. Withdrawal fees: Method/entity-dependent. Inactivity fee: Entity-dependent; historically charged after prolonged inactivity in some regions. Support is available 24/5 by live chat, email, phone, help portal.
Because OANDA holds a licence from a regulator that restricts retail incentives, do not expect deposit bonuses or cash rewards under that entity. The offers you will usually find are the free demo account, occasional fee or commission promotions, and referral programmes, and any bonus that does appear will come from a different entity in the same group aimed at clients outside those rules.
- Founded
- 1996
- Headquarters
- New York, United States
- Regulation
- CFTC/NFA, FCA, ASIC, CIRO, MAS, JFSA, other regional regulators
- Legal entity
- OANDA Corporation
- Negative balance protection
- Yes in applicable jurisdictions such as UK/EU retail; not universal
- Client money segregated
- Yes, where required by the applicable entity
OANDA Account & Pricing Information
| Feature | Details |
|---|---|
| Minimum deposit | $0 |
| Spread from | 0.0 pips |
| Average EUR/USD spread | Approx. 1.0-1.2 pips on spread-only pricing |
| Commission | Approx. $5 per side / $10 round turn on US Core Pricing |
| Maximum leverage | 1:50 US retail majors; 1:30 UK/Australian retail majors; higher internationally |
| Account types | Standard, Core Pricing, Premium/Professional, Corporate, Joint, Demo and 1 more |
| Platforms | OANDA Web, OANDA Mobile, MetaTrader 4, MetaTrader 5, TradingView |
| Demo account | Yes |
| Islamic account | Region-dependent |
| Markets | Forex, Indices, Commodities, Metals, Shares, Cryptocurrencies and other CFDs depending on jurisdiction |
| Deposit methods | Bank transfer, ACH, debit card and jurisdiction-specific electronic payment methods |
| Withdrawal fee | Method/entity-dependent |
| Inactivity fee | Entity-dependent; historically charged after prolonged inactivity in some regions |
Figures are the provider's published terms at the time of our last check and can change; the provider's own site is the final word.
Related Broker Deals
Alpari
FREE DEMO Free demo account
InstaForex
BONUS No deposit bonus · 2 offers
FXOpen
FREE DEMO Free demo account
ThinkMarkets
FREE DEMO Free demo account
Frequently Asked Questions
Does OANDA have a promo code?
Not at the moment. OANDA is not running a promo code we have been able to verify. The free demo account is free and is the best current saving. When a code is issued it will appear here.
Does OANDA offer a free demo account?
Yes. OANDA offers a free demo account, which lets you test the platform with virtual funds before depositing.
Does OANDA offer bonuses?
Not as a rule. OANDA holds a licence from a regulator that restricts retail incentives, so do not expect deposit bonuses or cash rewards under that entity. The free demo and any fee promotions are the offers to look for.
What is the OANDA minimum deposit?
The minimum deposit at OANDA is $0. It can differ by account type and by the entity you register with, so confirm it on the account page before funding.
How do I use an OANDA promo code?
Click "Show coupon code" on the card. The code is revealed and copied to your clipboard, and OANDA opens in a new tab. Register or sign in, and enter the code where the broker asks for a promo or partner code during registration or deposit. The discount shows in the total before you confirm.
Are OANDA promotions available worldwide?
Not always. Offers depend on the OANDA entity that serves your country, and brokers regulated in Australia, the UK and the EU are not allowed to give retail clients bonuses. Free demo accounts are generally available everywhere the broker accepts clients.
Trading forex, CFDs and other leveraged products involves significant risk and you can lose more than your initial deposit. FrugalFX provides general information only and does not provide investment advice. Offers are the provider's; check the terms on its site before relying on them.