OANDA Reviews 

1,236
TrustScore 3.5 out of 5

3.5

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Review summary

Created with AI, based on recent reviews

Considering 133 reviews, most reviewers were somewhat happy with their experience overall. Consumers frequently mention that the customer support team is exceptionally helpful, responsive, and quick to resolve routine account setup questions. Many people also appreciate having dedicated account managers who provide clear communication, professional guidance, and support them patiently through every single step of the onboarding process. However, some customers also noted frustrating delays, unexpected roadblocks, and complications when trying to withdraw funds from their trading accounts. Others felt deeply dissatisfied with the strict verification requirements, mentioning long waiting times and frustrating communication hurdles when seeking assistance from support regarding their money.

What people talk about most

Customer service

Customers had ambiguous experiences with customer service. While many reviewers praised the team for being... See more

Service

Reviewers mention ambiguous feedback about service, as experiences vary significantly among users. While some... See more

Staff

Clients share positive opinions on staff, frequently praising dedicated personal account managers and... See more

Response time

Consumers find response time to be ambiguous, experiencing a wide split in communication quality. While some... See more

Payment

Customers consistently note ambiguous experiences with payment, reflecting a high level of disagreement. Many... See more

Reviews shaping this summary

Rated 5 out of 5 stars

OANDA customer service called me within 48 hours after I created my trading account and spent about 20 minutes with me on the phone answering my questions. They called me to see if I had any questions... See more

Company replied

Rated 5 out of 5 stars

I like the fact that Oanda allows trading on key indices (UK100, SP500) before and after exchange trading hours. They refunded the annual price I paid on TradingView platform for the essential package... See more

Company replied

Rated 2 out of 5 stars

After two years of trading, I exceeded my tolerance level, OANDA suspended my trading, I sent all my bank and tax statements to raise my tolerance level, I haven't been able to trade for six days now,... See more

Company replied

Rated 5 out of 5 stars

I created an account last week and i am very satisfied with the onboarding process. Their customer service is very easy to contact compare to other US brokers i had before. I am located in Denmark. Th... See more

Company replied


Company details

  1. Finance Broker
  2. Currency Exchange Service
  3. Gold and Silver Trading Company
  4. Investment Service
  5. Non-Bank Financial Service

Written by the company

We offer clients the opportunity to trade a broad range of financial products with Forex in the US and Japan; Forex and CFDs (contracts for difference) in Canada, UK, EMEA, APAC and Australia. Our award-winning platform offers exceptional execution with sophisticated trading tools and advanced charting packages with an extensive range of leading edge indicators and drawing tools powered by TradingView.


Contact info


3.5

Average

TrustScore 3.5 out of 5

1K reviews

5-star
4-star
3-star
2-star
1-star

Asks customers to review

This company invites their customers to review, whether positive or negative

Replied to 85% of negative reviews

Typically replies within 1 month

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

3.5

All reviews

(1,236)

123 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Closed my accounts without reason!

I was with oanda for years, always losing money, i was a pro trader, but then soon as i started to make profit, they give me 5 days to close my trades, which i was in current drawdown, so a loss, and told me they can no longer provide me service and my accounts will be closed.
No reason even though i asked.

September 3, 2026
Unprompted review
Rated 1 out of 5 stars

Very bad and a waste of time

Very bad and a waste of time, I submitted every document they required externally over the email and answered all their unecessary foolish questions and yet they still denied my application and didn't open me a account these guys are very unprofessional and not worth it, please don't choose this platform for trading you'll regret it.

August 26, 2026
Unprompted review
Rated 1 out of 5 stars

Oanda reminds me of Donald Trump

Oanda reminds me of Donald Trump. One time he was the best president ever. Now he's terrible at this uncalled for war. Same with Oanda. Used to be the best, with the best customer service. Now they've thumbed their nose at me and have no customer service. I have no idea if I will ever have access to my money.

August 26, 2026
Unprompted review
Rated 1 out of 5 stars

Such a shame for their customer…

Such a shame for their customer service.
I'm so glad not start trading on this platform that long. if you want to lose your money at random times and have a ghost customer service team, choose them; you should go outside and throw your money into the river rather than trust them

August 24, 2026
Unprompted review
Rated 5 out of 5 stars

10/10 broker, would highly recommend.

OANDA are easily the best broker I have ever worked with. Their app and website are very easy to navigate and use.

The main selling point to me was the spread betting accounts which, if you are in the UK, means you don’t have to pay any tax on profit whilst trading.

However, that all changed once I signed up with them. It turned into their customer service. I was lucky to be given Brett as a handler, his phone is open all the time and is available for any talks about any concerns about the app or even for just a friendly chat about how the market is moving.

I would highly recommend using OANDA as a major step in your goal for financial independence!

August 20, 2026
Unprompted review
Rated 5 out of 5 stars

Demo account support

Support was available when I needed it regarding an issue with my demo account. Thank you for your industry leadership, and professional and friendly products and services, and staff

July 31, 2026
Unprompted review
Rated 5 out of 5 stars

Fast orders execution, great broker

I've tried different brokers on Polish market but Oanda TMS is my favorite one - extremly fast orders execution, fast deposits and withdrawals (especially with mBank account), quick support and MT5 platform with large variety of products.

July 24, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi Mariusz,

Thank you for the wonderful feedback, it means a lot to our team.

Team OANDA

Rated 1 out of 5 stars

I received two final decision emails from Oanda that, in my opinion, make no sense.

I received two emails containing a final decision from Oanda that, in my opinion, makes no sense. Prior to the withdrawal, the originating bank account had been closed. I had provided written proof that the bank had closed account as requested and would not accept incoming transactions. Despite submitting this evidence to Oanda, the very next day May 19, 2026 they sent the funds back to that original source, resulting in a returned transfer (reversal) from the closed account. Oanda has now held my funds for 40 business days. During this time, I filed two appeals, yet Oanda stubbornly insists on returning the funds to the closed account, even though they have already attempted this and experienced a reversal. I have received two unreasonable final decisions that fail to offer any alternative withdrawal method, even though I have provided details for an alternative bank account to receive the funds.

June 16, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi Cecilia,

Thanks for sharing your concerns, and also for sharing your details with us.

We've passed your case to the relevant department for a status update, and someone will reach out to you soon.

Meanwhile, if you'd like to get in touch with us yourself, please email us at frontdesk@oanda.com

Thanks,
Team OANDA

Rated 1 out of 5 stars

worst service

worst service, worst customer service, worst broker, worst platform a person can choose. Their customer service are almost never helpful, they will always keep transferring you between each other and nobody will actually give you a solution. They keep telling you to leave your contact number to be contact but that never happens. Their customer communication through WhatsApp as well is the worst, agents won't even reply to you. Small procedures will take forever to be clarified. Worst experience i ever had in all my trading career

July 1, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi Moe,

Thanks for sharing your feedback. We'd like to look into this and assist you further, but it looks like we haven't received a response to the information request we sent via Trustpilot.

We want to help, so please reach out to us directly at cxsupport@oanda.com.

Thanks,
Team OANDA

Rated 1 out of 5 stars

I been using oanda for over 2 years is…

I been using oanda for over 2 years is definitely a NOT trusted broken we been investigating the broker with the federal trade commissioner, totally chart manipulation on oanda favor , changing pricing on tickets after tickets is already open and many times closing margins trade when they not supposed too
Stay away from oanda !!!

July 2, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi Andre,

Thanks for your feedback. We'd like to try and help you and understand your problem in more detail. However when we sent you an email via Trustpilot to submit your information, you didn't provide us with any.

If you'd like to get in touch again, please email us at frontdesk@oanda.com or cxsupport@oanda.com if you're an EU resident, referencing your Trustpilot review, and we'd be more than happy to help.

Thanks,
Team OANDA

Rated 1 out of 5 stars

Worst broker ive ever had!…

Oanda do not help customers and are rude on occasion in my experience even when asking for help. Very unprofessional not at all accomodating and will deplete your account with unessary fees! Other people rate this company low, also read reviews.

Offering to help in a reply to this review is ironic. Absolutely iconic response!

July 2, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi Rachael,

Thanks for sharing your feedback. We'd like to look into this and assist you further, but it looks like we haven't received a response to the information request we sent via Trustpilot.

We want to help, so please reach out to us directly at frontdesk@oanda.com (or cxsupport@oanda.com if you are an EU resident).

Thanks,
Team OANDA

Rated 1 out of 5 stars

I asked for a withdrawal of my funds

I asked for a withdrawal of my funds, 3 weeks later, nobody knows where it is!! Do not use Oanda!

June 24, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi,

We're sorry to hear about your experience.

To allow us to investigate as quickly as possible, please reply to the email we send via Trustpilot with your account details. You can also reach our support team directly at frontdesk@oanda.com or cxsupport@oanda.com if you're an EU customer.

Thanks,
Team OANDA

Rated 1 out of 5 stars

Withdraw Denied 😠.

Withdraw Denied 😠.. worst broker ever when it comes to deposit there's a thousand of methods but withdraw only 4 or 5 methods, which they still deny withdraw. don't put your money in this broker because they'll make it hard for you to get your funds, remember trading is already hard and a shetty broker like this one should be avoided at all cost . they have the worst support system which keeps you in a loop, till now I can't withdraw my money... learn from me don't recommend or use this scam , run as fast as you can after seeing this scam broker

June 24, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi Judith,

We understand your frustration with the mobile platform and the withdrawal process

OANDA is a fully regulated broker committed to transparency and the security of our clients funds.

Withdrawals can sometimes be delayed if funds are not fully settled, if the withdrawal was requested to a different source than the original deposit, or if it is pending verification.

To help us investigate your withdrawal requests privately, please reply to the email we send via Trustpilot with your account details.

You can also reach us directly at frontdesk@oanda.com referencing your review.

Thanks,
Team OANDA

Rated 5 out of 5 stars

Highly recommend OANDA!

Fast support and reliable platform. My Relationship Manager, Frank Zhang, did an amazing job supporting me. 5 stars for the service!

June 19, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi Mr Dan Tin Trung,

We appreciate you taking a moment to share your thoughts.

Thanks,
Team OANDA

Rated 1 out of 5 stars

Holding my funds with zero help from customer service

I am extremely frustrated with OANDA. For the past 3 weeks, I have been trying to withdraw money from my account.
Every time I contact customer service, I get the exact same treatment: automated responses, empty promises that someone will "look into it," or generic excuses. No one can give me a straight answer, and no one is actually helping to resolve the issue. At this point, it feels less like a delay and more like they are intentionally withholding my money.
If you are looking for a reliable financial company that respects your time and money, look elsewhere. I will be filing formal complaints with the financial regulatory authorities if this is not resolved.

UPDATE

Things you need to know before you open an account with OANDA:
There is no US-based customer service; their support team is based in the Philippines. There is no phone number you can call directly—only chat support is available. While you can request a callback from a supervisor through the chat, the supervisors generally don't know any more than the regular agents, and the AI chatbot often does a better job.
Most cases are processed by their backend team, whom you cannot contact via phone, chat, or email. The customer service agents do not have access to cases handled by the backend team, meaning they cannot even provide you with the status of a claim.
My first attempt to withdraw, I believe, was on May 25. I finally received my money on June 16.

May 30, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi Vitaly,

Thank you for sharing these details and for your valuable feedback.

Please rest assured that your query is currently being handled. Our Customer Experience team has reached out to you for some additional information so we can resolve this as quickly as possible. In the meantime, we have asked for your case to be escalated as a priority.

Thanks,
Team OANDA

Rated 5 out of 5 stars

Real people not AI bots at Oanda

It was easier to start a forex trading account with Oanda than other forex trading accounts.
Customer Service was top. Was not an AI bot, spoke with real person, guided step by step when required every step of the way. Customer Service was easy to understand with good command of spoken English language in the UK.
I would recommend Oanda for a forex trading account.

June 5, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi Colin,

Great to hear! Thank you for the wonderful feedback, it means a lot to our team.

Team OANDA

Rated 1 out of 5 stars

MY STOP-LOSS WAS ALTERED!

AVOID! This brokerage by passed my stop-loss on a WTI position and entered their own stop-loss when they had a nice profit at my expense. I am in the process of filing a complaint with the securities watchdogs and I may also seek legal recourse as I have screenshots of my position prior to being stopped out.

May 24, 2026
Unprompted review
OANDA logo

Reply from OANDA

Hi Tim,

We take any concerns regarding trade execution and stop-loss orders very seriously.

We have reached out to you on Trustpilot to request your account details so we could look into this, but we haven't received a response yet.

To ensure the security and privacy of your information, we cannot investigate or address specific trade discrepancies on a public platform.

We'd be happy to review your screenshots and see what happened during your trade. Just send your account details and screenshots to frontdesk@oanda.com (or cxsupport@oanda.com if you're based in the EU) and we'll try to help.

Thanks,
Team OANDA

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