Your OANDA account & platform
OANDA is your retail broker — you already have MetaTrader 5 login credentials for your own live or demo account. MetaTrader 5 is the free desktop platform where you log in and run the bot.
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OANDA · Retail broker
OANDA is a retail broker — use your own OANDA MT5 account to trade with your own live money. Install the OANDA MT5 desktop, add RSForex Bot, and run the XAUUSD strategy after account validation.
30-day trial. Card required. Cancel before renewal. Trading involves risk.
In plain English
OANDA is a retail broker with MT5. Use your own OANDA account to trade with your own live money — you already have MT5 login credentials for it.
OANDA is your retail broker — you already have MetaTrader 5 login credentials for your own live or demo account. MetaTrader 5 is the free desktop platform where you log in and run the bot.
RSForex Bot installs inside MetaTrader 5 and trades XAUUSD / Gold only, locally on your chart. The RSForex Dashboard manages your license, account validation, updates and safety controls.
Open your OANDA account in the OANDA MT5 desktop, install RSForex Bot, and run the XAUUSD strategy after the bot auto-detects and validates your account.
MetaTrader 5 is a third-party trading platform developed and owned by MetaQuotes. Download it from your broker or from the official MetaQuotes website. RSForex Bot is not affiliated with MetaQuotes and does not develop, distribute, or support MetaTrader 5 itself.
Demo or live
Pick your account type and size at signup — the bot’s risk sizing is account-size aware, so lot sizing, daily-loss buffers and trade caps adapt to the exact account you run.
Your own OANDA practice account — run the full install, validation and trading flow on practice funds before going live.
Your own live OANDA account. Retail mode validates the gold symbol, spread, lot sizing and stop levels on your exact account before the first order.
Validation first
Retail conditions differ from one account to the next — OANDA’s gold symbol name, spreads, minimum lots, and stop levels are specific to yours. Before the first order, the executor probes your exact OANDA MT5 account and validates the symbol, spread, lot sizing, stop levels, account mode, and risk profile, then records the result in your dashboard.
Retail mode
No two retail accounts are identical — symbol naming, spreads, minimum lots and stop levels all vary. Retail mode probes yours directly and will not trade on anything it has not verified.
Resolves OANDA’s gold symbol, confirms it exists and is enabled for trading on your account.
Current and typical gold spread verified against the strategy’s tolerance — warns before trading through wide spreads.
Volume min/max/step checked so every order the risk preset produces is legal on your account.
SL/TP distances validated against broker stop and freeze levels before any order is sent.
Your license binds to your OANDA MT5 login — protecting your seat and preventing key sharing.
Demo vs live, currency, leverage and filling modes probed and recorded in your compatibility report.
Setup
Seven steps on your own account — live or demo. The compatibility check is the gate: every row below is measured on your account before live trading begins.
A live or demo OANDA MT5 account with the MT5 platform password.
Download the OANDA MT5 desktop and log into your account.
Ensure XAUUSD is visible in Market Watch and the chart opens.
Download the MT5 executor from your dashboard and attach it to the XAUUSD chart.
The bot links to your device and OANDA account, then receives its secure configuration.
Symbol, spread, lot sizing, stop levels and account mode validated. Live trading unlocks on PASS.
Choose conservative or standard — always inside the built-in risk limits.
Example output on an OANDA MT5 account. Note the WARN row on spread: marginal conditions are flagged, not hidden. When the gold spread runs near the strategy’s tolerance, the report says so — before the bot trades through it.
Other brokers are detected as OTHER and marked "not yet supported" — RSForex Bot will not silently trade on unvalidated conditions. Support expands broker by broker, each validated first.
Your account, your seat
Retail mode is built around one idea: this is your account, so everything the bot assumes about it is verified and recorded where you can see it.
Demo vs live, account currency, leverage and filling modes are probed during validation and recorded in the compatibility report in your dashboard. Your license also binds to this machine and your OANDA MT5 login on first activation, so your seat stays yours — and if your account setup changes, the report shows exactly what the bot verified and when.
OANDA account conditions, spreads, leverage, margin, execution, and symbol settings may vary by region, account type, and market conditions, and are controlled entirely by OANDA. Verify the current conditions of your own OANDA account before trading. RSForex Bot validates the account it runs on but does not control OANDA’s conditions.
RSForex Bot is an independent software product and is not owned, operated, endorsed, or guaranteed by FTMO, OANDA, MetaQuotes, MetaTrader, or any broker or prop firm. All trademarks belong to their respective owners.
Trading a prop account instead? RSForex Bot also runs on FTMO MT5 accounts in prop mode.
Risk disclosure. Trading involves risk. RSForex Bot does not guarantee profits, account growth, or prop-firm outcomes. Users remain responsible for their own broker, prop-firm, account settings, and trading decisions. Past performance does not guarantee future results.
Retail mode
Retail mode runs full account validation, license binding, and the compatibility report on your own live or demo OANDA account.
30-day trial. Card required. Cancel before renewal. Trading involves risk.
Sign in or create a free account and Rex — our assistant — will help you with setup, FTMO/OANDA, pricing and more. You can request a human from the RSForex team anytime.