The OANDA Advantage on MT4

Transparent Pricing Model Fast, Reliable Execution Advanced Charting Expert Advisors Test Strategies
Spreads as low as 1.2 pips and no commissions Access OANDA’s reliable execution engine over a custom-built bridge to MetaTrader 4 Identify potential trading opportunities with advanced chart-pattern recognition and automated alerts Use Expert Advisors to setup automated trading on OANDA’s award-winning platform Set up different sub-accounts for each strategy for targeted analysis

World-Class Features and Execution

OANDA on MetaTrader 4 gives you everything you like about MT4, plus all the benefits of trading on OANDA’s award-winning platform.

Highly Competitive Spreads and No Commissions

Get real-time published rates without paying commissions or inflated spreads, for total transparency into trading costs. Close a trade and it’s settled immediately.

Combine OANDA Technical Analysis with MT4

Automated traders now have the power of OANDA, MT4, and Autochartist on one platform. Get customizable MT4 and automated OANDA Technical Analysis indicators, to help you stay ahead of the curve.

Platform Flexibility

Set up different sub-accounts for each strategy for targeted analysis

Mobile Trading

Access via your desktop computer or download free OANDA MT4 apps for iPhone, iPad, and Android devices.

Set up an OANDA Account for MT4 trading

Open and Fund Your Account

Open and deposit funds into your OANDA trading account. Open a live account

Create Your MT4 Sub-Account

Create an MT4 sub-account and transfer funds into it via the Funds Management System. Set up MT4

Download MT4 and Start Trading

Deposit funds into your new MT4 sub-account, log in to MT4 using your new account credentials, and start trading. Download MT4

Frequently Asked Questions

What is MetaTrader?

MetaTrader 4 (MT4) is a Windows-based electronic trading platform with automated trading capabilities. OANDA clients require an fxTrade account with an MT4 sub-account in order to access a licensed version of the MT4 platform that is hooked up with OANDA’s execution and spreads.

How do I sign into MT4?

In order to sign into OANDA MT4, you need to enter the account number and password associated with your MT4 sub-account and then select the server you would like to access.

If you need to find the account number for your MT4 sub-account, sign into the Funds Management System. An account number will be displayed in the same row as each of your sub-accounts. You can identify which sub-accounts are compatible with MT4 by looking for a small MT4 icon beside the name.

Which MT4 server should I select?

Please be aware that if you are not a Japanese client, you should not sign into the Japan Live or Japan Practice servers. They do not support clients from other regions.

How do I fund an OANDA MT4 account?

To fund your MT4 account you must first ensure that your fxTrade account is funded. When depositing funds, OANDA supports any amount above $1. However, the smallest MT4 trading size is a micro lot (1,000 units), so with 50:1 leverage, the minimum amount to make this trade would be 20 units (or more for lower leverage).

Once you have funded your fxTrade account, sign in to the Funds Management System, and transfer funds into your MT4 sub-account(s).

What is an Expert Advisor?

Expert Advisors (EAs) are programs that have been developed in MetaQuotes Language 4 (MQL 4) and are used to automate analytical and trading processes. These programs perform prompt technical analysis of price data, and manage trading activities on the basis of pre-programmed trading strategies. The entire routine work of technical analysis and trading can be programmed into an EA. However, please be aware that the OANDA MetaTrader 4 platform must be running on your computer, and it must be connected to OANDA’s servers, in order to run a EA.

Important Note: EAs are automated trading tools developed by third parties. OANDA cannot provide support for an externally developed EA and assumes no liability for loss attributable to the use of EAs on the MetaTrader 4 software.

Read More FAQs

Disclaimer


Expert Advisors (EA) are automated trading tools developed by third parties. OANDA assumes no liability for loss attributable to the use of EAs on the MetaTrader 4 software.


OANDA Technical Analysis, including Autochartist services and content, is provided for informational purposes only, and does not take into account any individual's personal circumstances, investment objectives, or risk tolerance.

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