Oanda
Minimum deposit ($)
0.0
Commission
50.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals
5
Minimum lot size
0.1
Maximum lot size
600.0
Spread
Variable
Broker type
Market Maker
Maximal leverage (1:?)
50
Phone
Toll Free # per region (# will be routed to the active CX desk globally) -Toll free in Canada and the United States: 1 877 626 3239 -United States: 212-252-2129
Fax
1 212 208 4356 or 1 877 264 2220
Availability
Phone, Chat, Email, FAX
Email
Address
140 Broadway, 46th Floor New York, NY 10005, USA
Regulation
NFA (US)
Trading Platforms
FXTrade, MetaTrader 4, Oanda
Funding/Withdrawal methods
Wire Transfer, Debit Card
Account Currency
USD, GBP, EUR, CHF, JPY, CAD, SGD, HKD, AUD
Languages
English, Spanish, Chinese
Country
United States
International offices
Canada, Japan, Singapore, United Kingdom
Trading platform(s) timezone
(GMT -4:00) Atlantic Time (Canada), La Paz, Santiago, Georgetown
Other trading instruments
Cryptocurrency, Forex
forex_trader_142156
Member Since Jul 30, 2013
6 posts
May 17, 2014 at 07:26
Very good broker, they pay me money that i win with my scalping EA.
forex_trader_24173
Member Since Dec 03, 2010
7 posts
Apr 14, 2014 at 10:46
After 6 years with oanda, it's come more and more worst
The negative swap (france 40) go up by 3 times on 11 april 2014 and 5 times from 12 april to 14 april 2014.
The negative swap (france 40) go up by 3 times on 11 april 2014 and 5 times from 12 april to 14 april 2014.
Dec 25, 2013 at 07:15
My gonna count you a story of my Oanda experience
I got a full funded Oanda account for nearly 2 year now, no trouble for the first year , this year has been a kind of calamity not only trading.... but service side , software side to.
I call Oanda many time (when i use to live in UK) they always answered my call and always go someone helpful, but not customer service, usually a sell representative who try to sort the shit out.
Withdraw has have been difficult, especially if you are like me living on multiple country (France, UK, Philippines) , Oanda is very rigid regarding money withdraw if you found our account with Paypal you have to withdraw with paypal first !! You can't transfer on account you haven't founded money with event if its your name on it. Funny don you think?
Customer service, (the one you email only) Use to be very efficient, but really less recently, just by ignoring my question, or giving me information I know all ready, just clearly pissing around with me.
Quality of execution use to be quiet OK (not great)when I'm in UK, now is very slow( maybe my expectation are too high) Now living in Philippines, I still get connected to a UK dealing server( aberration Oanda SG ,ASIA, will be certainly faster), the customer service, tell me i gonna be connected on the same server(doubtful)
Spread is areal bitch, with peaks of 56 on USDJPY last January made me rethink how I was seeing Oanda.
Other service associated with the Oanda broker, the statistic data are helpful, the news service to, now offering pattern recognition, well.
If tomorrow do i will go again to Oanda brokerage service : NO, i'm looking for better alternative regarding my geographic situation, and to get a better execution
I got a full funded Oanda account for nearly 2 year now, no trouble for the first year , this year has been a kind of calamity not only trading.... but service side , software side to.
I call Oanda many time (when i use to live in UK) they always answered my call and always go someone helpful, but not customer service, usually a sell representative who try to sort the shit out.
Withdraw has have been difficult, especially if you are like me living on multiple country (France, UK, Philippines) , Oanda is very rigid regarding money withdraw if you found our account with Paypal you have to withdraw with paypal first !! You can't transfer on account you haven't founded money with event if its your name on it. Funny don you think?
Customer service, (the one you email only) Use to be very efficient, but really less recently, just by ignoring my question, or giving me information I know all ready, just clearly pissing around with me.
Quality of execution use to be quiet OK (not great)when I'm in UK, now is very slow( maybe my expectation are too high) Now living in Philippines, I still get connected to a UK dealing server( aberration Oanda SG ,ASIA, will be certainly faster), the customer service, tell me i gonna be connected on the same server(doubtful)
Spread is areal bitch, with peaks of 56 on USDJPY last January made me rethink how I was seeing Oanda.
Other service associated with the Oanda broker, the statistic data are helpful, the news service to, now offering pattern recognition, well.
If tomorrow do i will go again to Oanda brokerage service : NO, i'm looking for better alternative regarding my geographic situation, and to get a better execution
Member Since Aug 21, 2013
3 posts
Aug 21, 2013 at 05:32
Dont ever try to get someone on the phone! They have great spreads, ZERO service, and to be honest, even though I have had a live account for 5 years there... no idea who the F*&( they really are.
Jun 22, 2013 at 21:33
perenoel posted:danielvc posted:
Hello guys.. I just opened a new account with them... what are you thinking about this broker?
No bad, but he was better befor:
Now need 24h before withdraw money, (before, funded by bank wire, and withdraw by same bank wire, the money come in my account in less than 24h).
Before spread eur/usd most of the time = 0,9, now 1,2 or 1,4, so the spread go uP by 40% (thank 😡MT4).
And dynamic spread is horrible,i like before.
I agree , very strongly increased spreads..... Very strongly
Especially usd zar
Comes to 290 pip
It is not well
forex_trader_24173
Member Since Dec 03, 2010
7 posts
Jun 03, 2013 at 03:29
danielvc posted:
Hello guys.. I just opened a new account with them... what are you thinking about this broker?
No bad, but he was better befor:
Now need 24h before withdraw money, (before, funded by bank wire, and withdraw by same bank wire, the money come in my account in less than 24h).
Before spread eur/usd most of the time = 0,9, now 1,2 or 1,4, so the spread go uP by 40% (thank 😡MT4).
And dynamic spread is horrible,i like before.
forex_trader_56161
Member Since Dec 09, 2011
4 posts
Jun 02, 2013 at 16:52
danielvc posted:
Hello guys.. I just opened a new account with them... what are you thinking about this broker?
U make the right choice, mate :)
Member Since Dec 25, 2012
12 posts
Mar 18, 2013 at 07:15
to oanda
Hi, i joint registration in contest of Oanda but i don't how trading with what platform, please help me
Hi, i joint registration in contest of Oanda but i don't how trading with what platform, please help me
Mar 06, 2013 at 11:50
I just opened real account with oanda today. I found their system to allow adding subaccount awsome. No question ask, you can add up to 19 subaccounts !MT4 enabled or FXTrade platform. I tried to execute the orders on the MT4 & found it to be very quick. My current broker asked all kinds of questions regarding my opening of the subaccount (what is the source of my money, what lot size do i plan to trade, what is the frequency of my trades....) I have been with this one since 2005. I am still with them because some how I can still do the hedging which is great for my EA that does this strategy. However, I think it is not their business to ask these questions.
forex_trader_101400
Member Since Dec 01, 2012
65 posts
Jan 04, 2013 at 21:52
I like Oanda too. I've been with them since 2000. But now they incorporated dynamics spreads. This make it really difficult for manual traders. EAs are better to use because you can set a filter to ignore ticks when the spread is too wide.
Jul 15, 2012 at 06:08
Dukascopy is in my opinion the best broker but I keep Oanda as a good and honest broker (I've got an account with them), for non US citizen some people would avoid cause of the leverage they offer but for me it is a broker I don't fear to run bigger accounts. If you google a bit you will see they have a good average of customer making profit out of forex. They are not that kinds of broker who make all those bonus and rebates, the more bonus and rebates the less I trust because nothing is completly free in this world.
About MBTrading I never had an account with them but till now only listen good things from this broker.
It's not my first choice but for Australian broker I would say Pepperstone is not bad at the moment and you can ask them for a non-expiring demo.
About MBTrading I never had an account with them but till now only listen good things from this broker.
It's not my first choice but for Australian broker I would say Pepperstone is not bad at the moment and you can ask them for a non-expiring demo.
