OANDA Gold Spread & Trading Conditions 2026

OANDA quotes Gold — the XAU/USD gold spot contract — with a standard spread of Variable. On raw/ECN accounts the spread is typically Variable + commission. Spreads are quoted in points.

Fee context from our review: OANDA offers flexible pricing with Standard accounts (spreads from 0.6 pips, no commission) and Core/Premium accounts (raw spreads from 0.0 pips + commission). No deposit fees, free withdrawals over $10,000. Inactivity fee of $10/month applies after 12 months of no trading. Premium and Elite accounts offer up to 30% spread reduction.

When trading Gold at OANDA:

Minimum deposit: $0
Maximum leverage: 1:50 (US) | 1:30 (EU/UK) | 1:200 (BVI)
Commission: $5/lot (Core Account)
Execution: Market Maker / V2 Engine
Platforms: OANDA Trade, Advanced Charting (TradingView), MT4

Spreads shown are indicative of the account types we assess. Raw/ECN accounts generally charge a per-lot commission in exchange for tighter raw spreads, while standard accounts build costs into the spread itself.

The Gold spread is driven by liquidity depth, market volatility, the time of day (London and New York sessions are tightest), and the account model you choose. OANDA supports MT4 for spread-sensitive execution.