Renowned global forex broker Oanda is now offering crypto trading in the US and US traders are able to buy and sell 10 of the most popular crypto tokens: including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Aave, Polygon, Chainlink, Uniswap, and PAX Gold.
The new US offering marks a continuation of Oanda’s global expansion into cryptocurrency trading. Oanda already offers trading on select cryptocurrencies in Australia, the British Virgin Islands, and several other jurisdictions around the globe.
For a limited time, US traders can also take advantage of Oanda’s welcome bonus, where new traders will receive a 50% match on their first deposit up to a maximum of $5,000.
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
OANDA CORPORATION IS A MEMBER OF NFA AND IS SUBJECT TO NFA’S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.
Crypto Trading Commissions from 0.25%
Traders can buy or sell Bitcoin with commissions starting at just 0.25% – that makes Oanda one of the lowest-cost crypto brokers in the US right now.
In addition, Oanda charges no mark-ups on crypto trades, meaning traders pay the true cost of crypto based on current market prices for the underlying tokens.
Oanda does not require a minimum deposit to open a new trading account. In addition, deposits at Oanda by bank transfer, debit card, or wire transfer are free. Traders receive one free withdrawal to a debit card each month.
Multiple Crypto Trading Platforms
Traders can take advantage of multiple trading platforms to trade crypto with Oanda. The broker offers its own proprietary platform, fxTrade, for desktop, web, and mobile. fxTrade includes customizable charts, risk management tools, and integration with Oanda’s MarketPulse news and analysis feed.
Oanda also offers US traders free access to TradingView and MetaTrader 4. These trading platforms offer additional charting and analysis tools, including the ability to create automated crypto trading strategies or deploy crypto trading robots.
Traders at Oanda also get access to a free paper trading account that comes loaded with $100,000 in virtual cash. The demo account offers a safe way for new crypto traders to test out Oanda and try their hand at trading cryptocurrencies.
About Oanda
Oanda is a global forex broker founded in 1996. It’s one of the oldest online forex brokers in the world and is regulated by multiple top-tier financial authorities, including the Commodities Futures Trading Commission (CFTC) in the US.
In addition to crypto trading, Oanda offers trading on 68 forex pairs in the US. Oanda offers 24/5 customer support for US crypto traders by phone, email, and live chat. Traders who deposit at least $10,000 with Oanda also get access to a dedicated account manager.
Read through our full Oanda review for more on the platform.
Open an Oanda account to start trading cryptocurrency in the US.
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
OANDA CORPORATION IS A MEMBER OF NFA AND IS SUBJECT TO NFA’S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.