OANDA

Cash Back Rebate Rates: 

0.20 Pips per round turn*
Details
  • Min. Account: No Minimum
  • Min. Trade: No Minimum
  • Max Leverage: 50:1
  • Avg. Eur/Usd Spread: 1.4 pips
  • Trading Platform: MT4, Web, Mobile, API
  • Execution: Market Maker
  • Accepts US Clients: Yes
  • Equity Held In: USD
  • Hedging: No
  • Regulation: NFA
  • Accepts: Check, Debit Card, Wire

Why choose OANDA?

We're dedicated to your success.

Competitive Spreads

Trade with confidence knowing your OANDA retail forex trading account gets competitive spreads with no commissions on your trades, no minimum deposit and no account maintenance fees.

Exceptional Execution

Low cost of forex trading is more than just spreads. It's having your trades executed automatically without requotes or rejections, unless you choose to place upper or lower bounds to protect against price fluctuations.

Award-Winning Online Trading Platform

Experience the power and ease of trading with OANDA across all our trading applications. OANDA puts you in full control of your trade strategy, so you never lose sight of the market.

Open and Transparent

Knowledge is power. That's why we provide you with open information to better understand and learn from market movements to help you refine your forex trading strategies.

*Information obtained from http://fxtrade.oanda.com/why/ as of 8/19/15

Risk Disclaimer

Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.  There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.  Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.  Ambassador Capital Management, LLC (d/b/a Forest Park FX) is registered with the Commodity Futures Trading Commission as an Independent Introducing Broker and is a member of the National Futures Association (ID# 0457189).