Online Trading Starts Here
EN /
AR Arabic
AZ Azerbaijan
CS Czech
DA Danish
DE Deutsche
EL Greek
EN English
ES Spanish
ET Estonian
FI Finnish
FR French
HE Hebrew
HI Hindi
HU Hungarian
HY Armenian
IND Indonesian
IT Italian
JA Japan
KK Kazakh
KM Khmer
KO Korean
MS Melayu
NB Norwegian
NL Dutch
PL Polish
PT Portuguese
RO Romanian
... Русский
SQ Albanian
SV Swedish
TG Tajik
TH Thai
TL Tagalog
TR Turkish
UA Ukrainian
UR Urdu
UZ Uzbek
VI Vietnamese
ZH Chinese
Menu
Advertiser Disclosure

OANDA EUR/USD Spread Compared to Top Competitors

Andrey Mastykin
Written by:
Andrey Mastykin
Chinmay Soni
Reviewed by:
Chinmay Soni
Mirjan Hipolito
Fact-checked by:
Mirjan Hipolito
Updated:
July 08, 2026
flag
OANDA is available in US
OANDA REVIEW

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

Nationalflagg United States

Your location is United States

We’ve selected Top Brokers providing services in your country. If you would like to learn about the best brokers in a different region, please use the “Find my broker” service.

The average spread for the EUR/USD across more than 200 brokers that offer ECN and Raw Spread accounts showed it is 0.17 pips. The average spread of OANDA for the EUR/USD currency pair is 0.15, which corresponds to a Low level

How Does OANDA EUR/USD Spread Compare to top Competitors?

The average EUR/USD spread among over 200 researched Forex brokers on ECN accounts is 0.17 pips All spreads mentioned are based on the analysis of publicly available sources and data provided by the brokers. . We also compared the spreads and per-lot fees of OANDA with top competitors that accept clients from your country.

OANDA zForex FOREX.com
EUR/USD 0.15 0.1 0.2
GBP/USD 0.2 0.15 0.4
ECN commission (per lot) 3.5 7 5
Supported Currency pairs 68 50 80
Go to broker
Your capital is at risk.
 Go to broker
Your capital is at risk.
Study review

What Other Fees Does OANDA Charge?

We also compared the spreads of OANDA on Standard account types with those of competitors, as well as non-trading fees such as inactivity fees and withdrawal fees.

OANDA Stardard Account EUR/USD spread
OANDA zForex FOREX.com
EUR/USD, min pips 0.1 0.1 0.7
EUR/USD, max pips 0.5 0.4 1.2
GBP/USD, min pips 0.1 0.2 0.9
GBP/USD, max pips 0.5 0.6 1.4
OANDA Non-Trading Fees
OANDA zForex FOREX.com
Deposit fee, % 0 0 0
Withdrawal fee, % 0 0 0
Withdrawal fee, USD 0-15 0 0
Inactivity fee, $ 0 0 15

OANDA ECN/Raw Spread Account vs Standard Account: Where is the Lower Spread?

According to calculations by Traders Union based on the analysis of over 300 brokers, the average cost of executing a trade of 1 standard lot of EUR/USD on an ECN/RAW account, including spread and commission, is $5.20. In contrast, the average spread on a Standard account is 0.8 pips, which is equivalent to $8 per lot. It is also worth noting that ECN/RAW accounts generally offer faster order execution and allow trading with bots, making them more suitable for active traders.

The average OANDA EUR/USD spread is 0.15, which equal to 1.5$, plus you will need to pay a commission per lot of ECN 3.5$. OANDA Standard account spread is 0.1, which equal to 0.15; however, there is no extra commission to pay in this case.

What Other Factors Directly Affect OANDA EUR/USD Spread?

Several factors directly impact OANDA the overall cost of executing trades in EUR/USD, beyond just the average spread. Here are some key considerations:

  • Liquidity and Daily Turnover:

    Higher liquidity and larger daily turnover generally result in tighter spreads and better trade execution. Brokers with higher liquidity can offer more competitive pricing and faster order execution, which is crucial for active traders.

    Top 3 Forex Brokers by Trading Turnover
    Average Daily Turnover for All Currency Pairs $B
    IUX Markets 37 Go to broker
    Your capital is at risk.
    IC.com 29 Go to broker
    Your capital is at risk.
    DB Investing 24 Go to broker
    Your capital is at risk.

  • OANDA Order Execution Speed:

    Faster order execution reduces the likelihood of slippage, ensuring that trades are executed at the expected prices. This is especially important for scalpers and high-frequency traders. Typically, order execution speed is better on ECN accounts. OANDA is an ECN forex broker, which means it offers high.

  • Time of Day:

    • Best Times to Trade EUR/USD is Peak Activity: 8:00 AM to 12:00 PM EST (1:00 PM to 5:00 PM GMT). During the overlap of the London and New York sessions, liquidity is highest and spreads are usually the tightest.
    • Worst Times to Trade EUR/USD: 5:00 PM to 10:00 PM EST (10:00 PM to 3:00 AM GMT). Spreads widen during this period due to low liquidity when major markets are closed.

  • Commission Fees

    In addition to spreads, commission fees per trade can significantly impact the total cost. ECN/RAW accounts often charge a commission per lot, which needs to be factored into the overall trading cost.

    OANDA Commison Per Lot is 3.5$

  • Non-Trading Fees:

    Inactivity fees, withdrawal fees, and other non-trading charges can add up and impact your overall profitability. It is essential to review all potential fees associated with the broker.

  • VPS (Virtual Private Server) Services:

    Utilizing a VPS can enhance your trading by providing a stable and high-speed internet connection, reducing latency and potential slippage. This is particularly beneficial for automated trading systems and high-frequency traders, as it ensures your trades are executed as quickly as possible, minimizing execution costs.

    OANDA Extra Services For Active Traders Vs Competitors
    OANDA zForex FOREX.com
    Free VPS Yes Yes Yes
    API Yes No Yes
    Signals (alerts) Yes Yes Yes
    TradingView integration Yes No Yes
    Trading bots (EAs) Yes Yes Yes
    Scalping Yes Yes Yes
    One click trading Yes Yes Yes

OANDA Regulation and Other Important Trading Conditions

Regulation FSC (BVI), ASIC, IIROC, FCA, CFTC, NFA
Minimum deposit No minimum
Trading platform MetaTrader 4, WebTerminal MT4, MT5, fxTrade
Accounts Standard, Core, Swap-free, Premium, Premium Core
Account currency USD, EUR, HKD, SGD
Replenishment / Withdrawal Visa, Mastercard, Skrill, Neteller and various Alternate Payment Methods
Trading features Advisors; Availability of a demo account; A large number of training materials.
Instruments FX, Indices, Bullion, Commodities, Crypto

How does OANDA Make Money From EURUSD Spread

On a Standard account, OANDA makes money by charging a spread, which is the difference between the bid (buy) and ask (sell) price. The spread is typically marked up by the broker, meaning that OANDA includes a profit margin in the spread that you pay when opening or closing a EUR/USD trade.

On an ECN/Raw account, the broker doesn't mark up the spread but instead charges a small commission per trade. In this case, the spread is usually much tighter, often close to zero, as it reflects real market conditions. OANDA makes money primarily from the commission fees 3.5$ per lot.

Editors' Top Picks and Insights

All news
Table of Contents
Who We Are
Business Solutions
For Users
TU News
Popular Sections
Disclosures
CONTACT US
Legal
We are in Social Media
© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186
  • Risk disclosure:

    Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

    That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.

  • Disclaimer:

    Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

    Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.

  • Disclosure of advertisers and revenues:

    All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

    Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.

onepercentfortheplanet.org World Association of News Publishers https://gdpr.eu/ GDPR