Oanda
Founded in 1996, OANDA is one of the world's leading online trading groups, offering multi-asset trading, currency data, and analytics to clients around the globe.
We started by providing free exchange rate data on the Internet, then launched a forex trading platform that helped pioneer web-based currency trading and today we remain dedicated to building smarter trading experiences
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Very good customer support service
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They're using it as a hedge if you look carefully. This broker is unscrupulous if you've with them a long time they do sketchy things like this.
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OANDA charge finance fee too high. Very hard to make money with that.
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Pretty standard in every aspects of services.Will be good to see more social trading platform integrated- but looks like Oanda is retracing on that. Used to have Zulu support, but no more.
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The best FX broker
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Support for MT4 EAs has been amazing so far.
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its good just needs more instruments
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Good! I am not using them so long, but for now they are ok!
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Great broker, awesome API!
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Awesome broker.
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good for small accounts
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Unbelievable Broker !
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fxtrade Desktop is simple and effective, the flexible units method is ideal for small accounts and money management. Learning is helped by a Demo account that is identical to real nad never expires. I have tried a few trading rules sets over the past and when I needed to take a break I could easily get money back between 1 and 3 days, and starting over is even easier.
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Been with Oanda since 2004. Trustworthy broker and well-regulated. NFA rules (FIFO, margin requirements, hedging, etc.) are a pain, but this is not Oanda's fault. I would recommend them to anyone, especially US clients.
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What's going on?
Error while executing the order: there is no price, and in the terminal in the Subject: Trade window Could not be executed due to the absence of new positions authorized to the account (transferred account).
For 2 weeks there is no access to the terminal. Online service is not available. What do colleagues say?
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I fecently was able to open a new ac with this broker , and am very satisfyed now , they are now able to open ac for Canadian
good spread and very good execution ,and I like that we can withdraw to our credit card directly from our ac , deposit same almost instant ,
so yes am happy to trade with Oanda , plus I know I will get my money back any times no questions ask
Jean
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No server MT4 (with hedge) in Asia, Ping arround 300 ms, 90% requote, spread crazy, stay out from this broker.
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trading with them 2 months
after year i will post my conclusion
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I've been trading with Oanda on and off for at least 4 years (I even had a managed account with them for 2 years). I've seen them evolve but they are still not a "real" broker to me. The reality is they have some type of "internal" market (i.e. a marker maker). I say that because their spreads bars are regularly off by 1-2 pips (compared to the rest of the "real' market). Also from time to time you'll notice huge differences between their bars and the "real" market. I left them after noticing a 20+ pip spike that was on Oanda but not on any other broker. That confirmed to me that they weren't worth trading with.
They have many advantages but in general it's a broker for new traders/novices. If they ever have a true ECN they'd be top 5 for sure though.
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The best broker for me, trading more than 4 years without any problem, but i preffer leverage in Metals.
Open one account here, as fast as possible!
