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Oanda Currency Exchange

Oanda is an online currency company that offers a number of services around the currency space including forex trading. Find out about Oanda and its currency exchange business here.

Our exchange fee: 0.00 CAD

Trademark Disclaimer : Oanda currency exchange* is a trademark of OANDA Business Information & Services Inc. with whom Remitbee Incorporated (“We,” “Us,” “Our”) has no direct or indirect association in marketing, sales or customer service. Indeed, the enclosed contents are provided only for information and comparison purposes. We further state that all third-party products, services, company names and logos remain the property of their respective holders. Use of them here in this article does not imply any affiliation with or endorsement by them.

About Oanda Currency Exchange

Oanda Currency Exchange is a company that offers a currency converter, FX exchange rate data for businesses, and FX trading. While its head office is in London, its services are offered online, therefore it has no branches in Canada that customers can visit. Canadians can however open a trading account with Oanda by applying online, verifying their identity and making a deposit. Many Canadians use Oanda to travel.

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Branches and Working Hours

Oanda is completely online so always open. However, trading hours are aligned with normal North American banking hours.

Supported Currencies

On Oanda's proprietary desktop software, mobile apps, or MT4 platform, you may trade all major forex pairs as well as a number of additional FX pairings. with competitive spreads and no commissions.

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Alternative to Oanda Currency Exchange

Looking for an alternative currency exchange service to Oanda? Remitbee Currency Exchange should be your top choice. By switching to a different provider for your US currency conversion, you can save money. It can also be more convenient than Oanda.

Remitbee Currency Exchange is a currency exchange company that specializes in USD and CAD exchange and plans to add more currencies in future.

If you're looking for a new way to trade money, here's how to do it and some of the advantages:

  • ⬤ The best exchange rates are with Remitbee. With our competitive rates, we beat both Oanda and other currency exchange companies. We don't hide fees and prices like banks do. Keep that extra cash in your pocket and know exactly how much you'll get up front.
  • ⬤ Remitbee is fast, easy, and secure. From start to completion, your transfer consists of only three straightforward steps. Remitbee is regulated and audited by FINTRAC for your peace of mind.
  • ⬤ Remitbee is accessible 24/7 online. Unlike other currency exchange businesses, we are a 100 percent online currency exchange service. You can change your money at any time of day or from any location. Our app can also be used to swap money and track the transaction in real time.

    • What exactly is Remitbee and how does it function?

    You don't have to leave your house to use Remitbee. In fact, all transactions are conducted between your personal USD and CAD bank accounts. The method is broken down into five simple stages.

    Step 1. Create an account by entering your email address and selecting a password at https://www.remitbee.com/signup. You will be asked to confirm your Canadian phone number. Enter your Personal Information including name and address.

    Step 2. From the menu, select Exchange Currency. Now enter the details of your currency exchange to see how much you'll get right away.

    Step 3. Select the way you want to fund your exchange — we accept Interac, bill payment, card, or cash.

    Step 4. Make a deposit through your preferred payment method. All activity happens between your own USD and CAD accounts.

    Step 5. Convert your money! You can see all of your transactions in future by going to the Dashboard and clicking on the Transactions tab.

    Currency Exchange Near You

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    Frequently asked questions

    Their business hours correspond to those of the global financial markets. Trading is available in Canada from about 5 p.m. Sunday to 5 p.m. Friday (New York Time). During daylight savings time and on certain holidays hours may differ.

    Oanda accepts debit cards, PayPal, and bank wire transfers to fund customer accounts. For payment methods other than debit cards, expect 2 to 5 business days for the money to arrive.

    A complete list of available currency pairs as well as current spreads can be seen on the Oanda site. Go to Tools, then User Preferences, then Rates on the OANDA trading platform to add pairs to your Rate list.