Home » Broker Reviews » ODL Securities Inc (USA)

ODL Securities Inc (USA)

Name of the Broker ODL Securities Inc (USA)-
Demo account link
Live account link
Overall Rating 5-
Safety of funds 5-
Software ease of use 7-
Tools and resources 4-
Set-up process 5-
Customer support 6-
Timeliness of application 5-
Funding options 8-
Dealing desk/NDD DD-
Minimum account size 2000-
Max leverage 100:01-
Application processing time 1 week-
Fixed spreads yes-
Fractional pips no-
Automated trading yes-
Offer options yes-
News and Charts
Free charts yes-
Free charts with broker feed no-
Premium charts w/feed no-
Trading off charts no-
News yes-
Economic calendar yes-
Applications and Usability
Integrated charts yes-
Integrated news yes-
Margin watcher yes-
Trailing stops yes-
Web based application no-
Downloadable application no-
MT4 available yes-
Training video available no-
Usability of software (1=poor, 5=very good) no-
Courses and Webinars
Free training signals no-
Webinars no-
Beginner course yes-
Intermediate course yes-
Advanced course no-
Help and Support
Phone Support 1 312 893 5070-
Live Chat Live Chat-
Email support Email Support-
Other Details
CFTC/NFA member no-
FSA (London) yes-
Other (by whom) -
Segregated account available no-
Segregated account standard no-
Client funds held separate from operating funds no-
Balance sheet available yes-
NFA member page -

The US Business for ODL Securities has recently been acquired by FXCM. US residents can open a demo account with FXCM here.

Non- US residents can continue below for a review of ODL Securities

ODL Markets Basics

ODL Securities, which was established in 1994 and has offices in Londono and Tokyo, offers trading in the forex market as well as CFDs, equities, futures, and options, depending on where the trader is located. For US residents, they offer forex as well as gold and silver. Spreads start at 2 pips and they offer both a proprietary trading platform as well as Metatrader 4. Clients of ODL Securities can fund via credit card, check or bank wire. They also have prime brokerage services.

Most Popular Features of ODL Markets

ODL Securities is one of a handful of firms that pay interest on unused funds. 

Trading Tools

ODL Securities provides traders with an economic calendar to prepare them for the trading day ahead. 

Education Provided by ODL Securities

ODL Securities offers what it calls, ODL Forex Tutor. This is a 6 step program that teaches traders the basics about the forex market. The features that help this program to stand out from other forex tutorials is that it teaches entry points as well as money management..


Spreads start at 2 pips for ODL securities, but are variable.


ODL Securities is regulated by the CFTC and an NFA member. More can be learned about ODL from their NFA member page or their website, 

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