OANDA

OANDA

OANDA offers 70+ FX pairs with fixed commision per trade and commission starts at S$50 per 1 million base currency units. Check the details here.
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Highlights

Min. Commission Fee
S$ 50
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Min. Spread (USD EUR)
0.6
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Min. Trading Fee
0  %
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2 Offers Available
S$250 Cash via PayNow
SingSaver Exclusive Offer
250CASH S$250 Cash via PayNow
  • SingSaver Exclusive Offer promotion is valid from 3 November 2025 to 30 November 2025.
  • Promotion is valid for new OANDA customers only.
  • Open a new OANDA account, then make at least 5 trades of at least USD10,000 notional volume each to be eligible for reward.
  • Promotion is stackable with other welcome offers from OANDA where applicable (additional T&Cs apply).
  • Terms and Conditions apply
S$270 Grab Vouchers
SingSaver Exclusive Offer
270GRAB S$270 Grab Vouchers
  • SingSaver Exclusive Offer promotion is valid from 3 November 2025 to 30 November 2025.
  • Promotion is valid for new OANDA customers only.
  • Open a new OANDA account, then make at least 5 trades of at least USD10,000 notional volume each to be eligible for reward.
  • Promotion is stackable with other welcome offers from OANDA where applicable (additional T&Cs apply).
  • Terms and Conditions apply
Sony WF-1000XM5 Noise Cancelling Headphones (worth S$429)
SingSaver Exclusive Offer
WFXM5 Sony WF-1000XM5 Noise Cancelling Headphones (worth S$429)
  • SingSaver Exclusive Offer promotion is valid from 3 November 2025 to 30 November 2025.
  • Promotion is valid for new OANDA customers only.
  • Open a new OANDA account, then make at least 5 trades of at least USD10,000 notional volume each to be eligible for reward.
  • Promotion is stackable with other welcome offers from OANDA where applicable (additional T&Cs apply).
  • Terms and Conditions apply
Apple AirPods Pro Gen 3 (worth S$349) (Top up S$75)
SingSaver Exclusive Offer
APPRO3.TOPUP75 Apple AirPods Pro Gen 3 (worth S$349) (Top up S$75)
  • SingSaver Exclusive Offer promotion is valid from 3 November 2025 to 30 November 2025.
  • Promotion is valid for new OANDA customers only.
  • Open a new OANDA account, then make at least 5 trades of at least USD10,000 notional volume each to be eligible for reward.
  • Promotion is stackable with other welcome offers from OANDA where applicable (additional T&Cs apply).
  • Terms and Conditions apply
Up to S$18,888 Welcome Bonus
Stackable Welcome Offer
Up to S$18,888 Welcome Bonus
  • Stackable Welcome Offer promotion is valid from 1 November 2025 to 28 February 2026.
  • Promotion is valid for new OANDA customers only.
  • Successfully open a new OANDA account, then meet the trade requirements within 60 days from the first trade date to be eligible for reward: 
    • Make at least 5 qualifying trades (min. trade size of USD10,000) to be eligible for S$88 Trading Bonus
    • Meet a min. notional trade volume of USD 5 million to be eligible for S$888 Welcome Bonus
    • Meet a min. notional trade volume of USD 20 million to be eligible for S$1,688 Welcome Bonus
    • Meet a min. notional trade volume of USD 100 million to be eligible for S$6,888 Welcome Bonus
    • Meet a min. notional trade volume of USD 300 million to be eligible for S$18,888 Welcome Bonus
  • Promotion is stackable with SingSaver Exclusive Offer (additional T&Cs apply). 
  • Terms and Conditions apply.
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Quick Facts

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Trade over 70 FX pairs, starting at 0.6 pips

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Trading Products: CFDs in FX, Indices, Metals, Commodities, and Bonds

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Rate ® data currency calculator: See real-time rates for major FX pairs (also comes with 25 years' of historical data across 38,000 FX pairs)

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fxTrade platform is available for web, desktop, and mobile

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MetaTrader4 (MT4) platform available

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Analyse price trends with candlesticks charts that refresh every 5 seconds

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Convenient depositing of funds into OANDA account with PayNow

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Read our full review of Oanda

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Currency conversion fee: 0.5 % mark-up/down on the midpoint price of the applicable currency at the time of conversion

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Inactivity fees apply

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Limited tradable products

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Eligibility

Minimum Age
18  years old
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Fees / Repayment

Min. Deposit
S$ 0
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Min. Trading Fee
0  %
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Account Opening Fee
S$ 0
Inactivity Fee
$10 per month if inactive for 12 MONTH(S)
Withdrawal Fee
S$ 0
Min. Commission Fee
S$ 50
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Min. Spread (USD EUR)
0.6
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Usage

SingPass
Yes
Products Offered
Forex, Commodities, Bonds, Indices
Has Free Demo Account
Yes
Trading Platforms
Web, Mobile, Meta Trader
Number Of Currency Pairs
70
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Others

Tags

OANDA OANDA