OANDA - Canada Reviews 11

TrustScore 3.5 out of 5

3.5

King Street West 370, suite 302, M5V 1J6 Toronto, Old Toronto, CA


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Rated 1 out of 5 stars

The end of this week. Will > FOUR < weeks I'm waiting for the status of my account. Customer service. There is none. Dealing with the Toronto Office. Gave me a phone number in New York ??? Which doze not connect. They do not reply via email or phone. The only reason I want an account with is. The have an indicator for trading two pairs, I'm unable to find anywhere else. But I will keep looking.
Other wise I would not deal with them.

Rated 1 out of 5 stars

Absolutely abysmal service. Took them 5 weeks to get my corporate account up and running. I decided to leave because I was getting 7 pips spread on news events which made my strategy untradeable and I initiated a withdrawal which I found out 3 days later that it was placed on hold. Everything with this company takes forever. NEVER USING THIS GARBAGE BROKER AGAIN

Rated 1 out of 5 stars

Can not get them to open my account in Canada. They sent me an email to confirm my address, I sent a document they don't even replied and instead i receive a random email as to why I'm not completing my registration and if i need help. I think Oanda is understaff and support is Canada is ridiculous unprofessional (they must have recruited some not so smart people maybe). I opened the account with Interactive Brokers without any issue at all.

Rated 1 out of 5 stars

Terrible coordination between Oanda agents/frontdesk. I have been trying to open an Oanda live trading account from Canada. Submitted all requested documents but every email I received from Oanda, they asked me of the same documents to be sent or uploaded again. These emails came from different agents who, it seems to me, do not care to check previous communications with the previous agents. They keep asking the same documents to be uploaded. This has taken about ten days of daily emails/chatting to and from Oanda. It is frustrating. I have given up openning a live trading account with Oanda because of their lack of professionalism in opening a simple trading account. I am sure such lack of professionalism will showup in other services they provide to their customers. Thank you Oanda - you have lost one customer.


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

OANDA (Canada) Corporation ULC is regulated by the Canadian Investment Regulatory Organization (CIRO). A trusted, regulated broker, OANDA offers competitive spreads on a wide range of CFDs for forex pairs, metals, indices, commodities and bonds.


Contact info

  • King Street West 370, suite 302, M5V 1J6, Toronto, Old Toronto, Canada

3.5

Average

TrustScore 3.5 out of 5

11 reviews

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

Replied to 94% of negative reviews

Typically replies within 1 week


Rated 1 out of 5 stars

The end of this week

The end of this week. Will > FOUR < weeks I'm waiting for the status of my account. Customer service. There is none. Dealing with the Toronto Office. Gave me a phone number in New York ??? Which doze not connect. They do not reply via email or phone. The only reason I want an account with is. The have an indicator for trading two pairs, I'm unable to find anywhere else. But I will keep looking.
Other wise I would not deal with them.

Date of experience: 17 April 2025

Rated 5 out of 5 stars

Excellent customer service

Excellent customer service. Fast and knowledgeable.

Date of experience: 20 March 2025

OANDA - Canada logo

Reply from OANDA - Canada

Hi Geoff,

We're so happy to hear you're enjoying your trading experience.

Thanks for your 5* review,
Team OANDA

Rated 5 out of 5 stars

Todo fue excelente!

Date of experience: 19 February 2025

OANDA - Canada logo

Reply from OANDA - Canada

Hi Edgar,

We’re happy that you are pleased with your trading experience with OANDA. We strive to deliver the best client experience, and it's great to know we've done that!

Thanks again,
Team OANDA

Rated 5 out of 5 stars

Oanda has consistently provided…

Oanda has consistently provided excellent service over the many years I have been with them.

Date of experience: 03 February 2025

OANDA - Canada logo

Reply from OANDA - Canada

Hi,

Thank you for your positive review. We're pleased to hear that you are happy with your trading experience.

Team OANDA

Rated 1 out of 5 stars

Oanda(Canada division) not a coordinated broker

Terrible coordination between Oanda agents/frontdesk. I have been trying to open an Oanda live trading account from Canada. Submitted all requested documents but every email I received from Oanda, they asked me of the same documents to be sent or uploaded again. These emails came from different agents who, it seems to me, do not care to check previous communications with the previous agents. They keep asking the same documents to be uploaded. This has taken about ten days of daily emails/chatting to and from Oanda. It is frustrating. I have given up openning a live trading account with Oanda because of their lack of professionalism in opening a simple trading account. I am sure such lack of professionalism will showup in other services they provide to their customers. Thank you Oanda - you have lost one customer.

Date of experience: 24 December 2024

OANDA - Canada logo

Reply from OANDA - Canada

Hi GH,

We’re so sorry to hear your experience with OANDA was less than 5-stars and did not meet your expectations. Please help us improve by providing us with more information.

If you’re open to discussing your experience further, our support team can be reached on frontdesk@oanda.com.

Regards,
Team Oanda

Rated 1 out of 5 stars

Absolutely abysmal service

Absolutely abysmal service. Took them 5 weeks to get my corporate account up and running. I decided to leave because I was getting 7 pips spread on news events which made my strategy untradeable and I initiated a withdrawal which I found out 3 days later that it was placed on hold. Everything with this company takes forever. NEVER USING THIS GARBAGE BROKER AGAIN

Date of experience: 08 November 2024

Rated 1 out of 5 stars

Slow at providing support and chaotic in replies

Can not get them to open my account in Canada. They sent me an email to confirm my address, I sent a document they don't even replied and instead i receive a random email as to why I'm not completing my registration and if i need help. I think Oanda is understaff and support is Canada is ridiculous unprofessional (they must have recruited some not so smart people maybe). I opened the account with Interactive Brokers without any issue at all.

Date of experience: 31 October 2024

Rated 5 out of 5 stars

Great trading platform and excellent…

Great trading platform and excellent customer support.

Date of experience: 03 September 2024

OANDA - Canada logo

Reply from OANDA - Canada

Hi Siva

We really appreciate you taking the time to leave us a review. We hope you continue to enjoy using our trading platform. If you ever need assistance, our support team is here to help. Just reach out on frontdesk@oanda.com.

Thanks,
Team OANDA

Rated 5 out of 5 stars

Account Opening

Regarding my account opening. The customer service and support that I have received throughout the whole process, was amazing.

Date of experience: 15 August 2024

OANDA - Canada logo

Reply from OANDA - Canada

Hi Steven,

Thank you for your positive feedback! We're pleased to hear that you are happy with your trading experience.

Team OANDA

Rated 5 out of 5 stars

Is costumer it makes the difference…

Is costumer it makes the difference they are polite, and helpful.

Date of experience: 11 July 2024

OANDA - Canada logo

Reply from OANDA - Canada

Hi Antonio,

We’re happy that you are pleased with your trading experience with OANDA. We strive to deliver the best client experience, and it's great to know we've done that :-)

Thanks again,
Team OANDA

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