How to register a MT4 account with OANDA?

How to open an account with OANDA?

Start trading at OANDA in 3 simple steps: fill in the account application form, deposit, and trade.

Open a trading account and deposit (up to a deposit of $9,000 USD*), without submitting identity verification information.

Go to OANDA’s Official Website

Step 1: Apply for a real account

To apply, you must be at least 18 years old.

Under the regulatory rules, OANDA will ask related questions about the materials you apply for.

Your application will be reviewed and approved by OANDA’s review department.

Open OANDA’s Real Account

Step 2: Deposit

After your account is approved, you can log in to your OANDA account and make deposits, internal transfers and withdrawals.

You can operate in the management background.

You can deposit gold through any of the following methods

• Wire transfer
• Credit card
• Electronic wallet

OANDA does not have a minimum deposit amount requirement.

You can use your OANDA account* to deposit up to $9,000 USD (or equivalent currency amount) before submitting your identity verification information.

If you want to deposit more than $9,000 USD or the equivalent amount, please check the following tutorial on releasing 9,000 USD.

Make a deposit to OANDA’s MT4 account

Step 3: Trade

Now, you can use your OANDA account for your first real transaction.

Go to OANDA’s Official Website

Do you deposit more than $9,000 USD (or equivalent USD amount)?

If you want to deposit more than $9,000 USD or the equivalent amount, please provide your passport, current bank statement or other similar supporting information.

If you already have an OANDA real account, you can upload data through the management background.

If you do not have a real account with OANDA, please email the information.

After receiving the information, OANDA’s review department will review your information.

After the review is passed, you will receive a notification that your account will not be subject to deposit restrictions.

If you want to deposit more than $9,000 USD, please complete identity verification first.

Contact OANDA Support Team

OANDA’s Free Tools for Trading

OANDA’s series of powerful analysis tools can help you identify potential opportunities and develop more powerful trading strategies.

The VPS (Virtual Private Server) service provided by OANDA’s partners can reduce latency and improve stability.

MT4 advanced tools

Get a series of powerful foreign exchange trading indicators, including alarm manager, keyboard trading, mini terminal, point, and line graph trader, etc. (provided by FX Blue Labs). You can get 15 indicators and 9 expert advisor systems with just one download. At present, OANDA MT4 traders can use popular functions such as brick graphs, selective commission (OCO) orders, keyboard trading, point-line graph trading, and advanced trading management tools for free. In addition to these tools, expert advisor system (EA), custom indicators, MQL4 language indicators, scripts, and strategy creation tools are all included in the MetaTrader 4 regular toolkit.

Technical analysis (supported by AutoChartist)

Scan and analyze the intraday market through automatic chart pattern recognition and pattern quality indicators. Technical analysis (supported by AutoChartist) can be run as an EA on the MT4 platform or as a web-based charting application that can be accessed through the MT4 platform.

Transaction performance (supported by Chasing Returns)

Trading performance is a behavioral analysis tool designed to help you improve your trading model. The portal is powered by Chasing Returns, which analyzes your trading history and helps you focus on your strengths while also helping you find areas for improvement. You can use it to benchmark yourself, stick to trading goals, analyze trading data, and develop strategies to increase your trading income.

Go to OANDA’s Official Website

OANDA’s Technical Analysis Tool

OANDA’s technical analysis tool (supported by Autochartist) is a web-based charting application that you can access as an indicator on the MetaTrader platform.

Through automatic chart pattern recognition and pattern quality indicators, it can help you continuously scan and analyze the intraday market.

By referring to technical chart patterns, it can identify support and resistance levels.

OANDA’s technical analysis tool can provide you with a quick overview of market conditions before the market opens. Features include:

• Continue to scan the in-disk market.
• Receive automatic warnings of specified patterns; execute transactions directly in the interface.
• Associated signal: When the support/resistance level is consistent with the chart pattern prediction, inform you of trading opportunities via email.
• Discover potential trading opportunities: Automatically remind you of new or completed technical graphics, including Fibonacci retracements and various key price points.
• In the selection, you can only view the *predictions that have been successful in history.
• Volatility analysis.
• Based on their respective market volatility, set different exit strategies for different products.
• Transaction performance statistics.
• Get customized daily market reports.

Click here to download the EA and follow the detailed instructions.

All OANDA trading customers can use technical analysis tools free of charge.

Open OANDA’s Account for free

What are OANDA’s MT4 indicators?

MT4 indicator (Indicator) is an auxiliary tool that inserts statistics and analyzed data into MT4 in a chart form.

As the world’s leading MetaTrader4 (MT4) broker, OANDA provides a variety of powerful foreign exchange/CFD (contract for difference) MT4 indicators.

And provide the unique MT4 indicator developed by the Japanese technical team for free.

There are many indicators that can be inserted into MT4, and the indicators installed in MT4 by default are divided into 4 categories.

• Trend indicator
• Oscillator
• Trading volume indicator
• Bill William (Chaos Operation Method) Index

There are 30 kinds of default indicators installed on MT4 in total.

Among them, the most commonly used are:

• Moving Average indicator (Moving Average, MA)
• Relative Strength Index (Relative Strength Index, RSI)
• Bollinger Band (Bollinger Band)
• Exponential Smoothing Moving Average Convergence and Divergence (MACD)

Check out OANDA MT4’s Indicators

OANDA’s unique MT4 indicator

In fact, in addition to these indicators installed by default in MT4, some foreign exchange brokers will also develop more distinctive indicators through their own development technical team.

As one of the world’s best foreign exchange brokers, OANDA leads the industry by providing various public data and various indicators, plug-ins, etc.

These unique MT4 indicators are designed by the technical team of OANDA Japan (OANDA Japan Co., Ltd.) with many years of experience, and are more user-friendly in terms of ease of operation and visual display.

Investors can choose the indicator they want to install in the “OADNA MT4 indicator column” below and read the overview of the indicator and how to use it before installation.

You can also directly select your own suitable indicator tool in the ” MT4 Usage ” on the official website.

Go to OANDA’s Official Website

How to install OANDA’s unique MT4 indicator?

Step 1: Download the indicator you want to insert

You can find the download button in each indicator article, or download it directly in the “OADNA MT4 indicator column” below.

Step 2: Copy and paste the indicator file to the corresponding folder

After the download is complete, start MT4 and click “File” → “Open Data Folder” on the menu bar. Copy and paste the downloaded ex4 file into “MQL4” → “Indicators”.

Step 3: Restart MT4

Close the folder, restart MT4, and the indicator installation is complete.

Step 4: Insert MT4 indicator

First, select a period chart of a currency pair, double-click the specified indicator in the navigation bar or directly drag and drop the indicator onto the chart. Then a window will pop up, click “OK” directly, and wait a while for the indicator to be displayed on the chart.

Signup to get OANDA’s unique MT4 indicator

List of unique MT4 indicators provided by OANDA

OANDA provides investors with unique MT4 indicators for free and will continue to develop more indicators.

These indicators are only applicable to OANDA real MT4 accounts and cannot be used in demo accounts.

Most indicators are only applicable to OANDA’s new environment account, and cannot be used in the old MT4 account.

1. OANDA currency strength (CurrencyPower) indicator

You can view the strength and weakness changes of 8 major currencies, including the euro, the US dollar, the British pound, and the Japanese yen.

Through the indicator, you can not only check the strength of the daily currency but also check the past date and the medium and long-term strength.

2. MT4 Advanced Indicator Package (FX Blue)

With one download, you can get 15 indicators and 9 EA intelligent trading systems provided by FX Blue Labs.

3. OANDA Channels

This indicator is an indicator that can automatically draw channel lines on MT4.

4. OANDA MACD with histogram

Different from the common MACD, the MACD indicator developed by OANDA uses a line to represent the signal, and the difference between the MACD and the signal is represented by a histogram.

5. OANDA Psychologica (PSY) indicator

The psychological line refers to the proportion of rising candlesticks in a specified time period, in order to find an oscillating indicator of market overheating.

6. OANDA GMMA

Through the 12 exponential smoothed moving averages (EMA) displayed on the chart, it is easier to intuitively grasp the direction and strength of the price trend.

7. OANDA ROC

This is a very simple indicator that is used to calculate the rate of change of the closing price before the specified number of candlesticks.

8. OANDA RCI

This indicator is an indicator that sorts the time and price (closing price) of candlesticks in a specified period and uses the value of -100 to +100 to indicate the correlation between the two.

9. OANDA dot-line chart (TickChart)

The tick ​​line chart is different from the chart created through a certain time period (such as 1-minute K-line chart, 5-minute K-line chart, etc.), it is when a certain amount of price fluctuations (Tick) occur, a new line chart will be created Out of a chart.

When the transaction is not active, it will not display meaningless line graphs, and when the transaction is active, multiple line graphs can be created, and it has the advantage of passing a lot of information to the trader.

10. OANDA Trading Sessions (TradingSessions)

The time period of the Tokyo, London, and New York markets, which are known as the three major markets, can be displayed on the icon at the same time.

By understanding the characteristics of volatility in each market period, you can improve your investment skills, and you may find investment opportunities that you haven’t noticed so far.

11. OANDA Local Time

Using this indicator, the time on MT4 can be synchronized with the time on the PC computer.

In this way, you can select Taipei time to view the date and time of the chart.

12. OANDA Point and Figure chart

The indicator is based on the closing price of 1 hour.

It is an indicator that judges the market trend by using “X” for rising and “○” for falling.

13. OANDA Bollinger Limit %B

The Bollinger Limit Index %B (BB%B) is an index showing how far the width of the Bollinger Bands at a specified σ number has shifted.

It is an indicator that shows the value of the popular Bollinger Bands from another angle and is often useful when exploring trends or when trends are overheating.

14. OANDA Bollinger Limit (BB width)

The Bollinger Bandwidth (BB width) is an index that expresses the ratio of the Bollinger Bandwidth of a specified σ number and the moving average as the centerline.

This indicator focuses on the changes in the width of the popular Bollinger Bands, so it is easy to see the changes in market fluctuations, so the contraction and spread of the Bollinger Bands can be grasped more quickly.

15. OANDA historical volatility (HV)

Historical volatility is an indicator that measures the tendency of volatility in past price changes.

You can quickly grasp the volatility of the past and current periods.

16. OANDA Multi MA

It can display multi-period moving averages of different time periods moving average (moving average).

17. OANDA Multi MACD

Multi-period MACD indicators can be displayed.

18. OANDA Multi Parabolic

Can display multi-period SAR indicators.

19. OANDA Multi RSI

Can display multi-period RSI.

20. OANDA Multi Stochastic (KD indicator)

Can display multi-period KD indicators.

21. Global stock index change rate indicator (OANDA_Indiceis_ROC)

Can display the global stock index change rate indicator.

Go to OANDA Official Website

OANDA’s Strong VPS Partners

OANDA’s VPS (Virtual Private Server) partners can provide a powerful dynamic trading experience and can ensure that the stability is improved on the basis of low latency.

1. BeeksFX

BeeksFX is one of the world’s largest foreign exchange VPS providers, with data centers in New York and London.

BeeksFX’s fully managed VPS service brings the lowest delay to the retail foreign exchange industry, thereby ensuring accurate buy/sell transactions.

BeeksFX’s powerful VPS service provides better operational performance and stability, and executes your strategy 24 hours a day, 5 days a week so that you can continuously monitor the market and react.

• Redundancy features within the data center facility reduce power failures and wiring problems.
• The POM application will automatically start the application if the server or VPS crashes.
• The shared data center function of OANDA and BeeksFX brings extremely low delays.
• The three-month subscription package (three levels of bronze, silver, and gold) can provide the best hosting benefits.
• BeeksFX can guarantee the uptime of its VPS service up to 99.9%.
• Windows 2012 server.

Trade with OANDA through BeeksFX

2. Liquidity Connect

Liquidity Connect is a leading provider of outsourcing infrastructure services (IaaS) technology, providing support for corporate operations in the global financial markets.​​​

They mainly focus on achieving low latency.

• Dedicated server-bare metal server, 100% dedicated hardware resources: the server hosts are Equinix LD4 (London) and Equinix NY4 (New York).
• Virtual Private Server (VPS)-a high-performance server with shared hardware resources: hosted in Equinix LD4 (London) and Equinix NY4 (New York).
• Cross Connects-Very low delay links to liquidity providers, bridging providers and fintech providers located in Equinix LD4 (London) and Equinix NY4 (New York).
• Broker hosting and white label-MT4/5 broker server hosting, cTrader broker server hosting and broker VPS white label solutions: hosting in Equinix LD4 (London) and Equinix NY4 (New York).
• Security-Network security tools used to mitigate DDoS and secure remote access control (VPN).

Trade with OANDA through Liquidity Connect