Oanda
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
OANDA CORPORATION IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS
Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. OANDA Corporation is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company exchange. Any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of OANDA Corporation. Digital assets held with Paxos are not protected by SIPC. Paxos is not an NFA member and is not subject to the NFA’s regulatory oversight and examinations.
Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.
Oanda
"Oanda - One Of The Best"
What do you like best about Oanda?
FOREX pair available, charts, and graphs
What would you improve about Oanda?
Offer a bit more on the free tier for investors just entering the markets
Overall
Good, overall. You need to watch out for the margin calls with Oanda since they do a check at 3:15 p.m. EST for margin call alerts.
"Plays well with others"
What do you like best about Oanda?
The fact that it works with myfxbook and TradingView.
What would you improve about Oanda?
The web interface is clunky and over complicated; however, the Android app works great. I usually do most of my trading from within TradingView or the Oanda app.
Overall
Overall, it is a good broker. I have not had any problems with them other than the poor web interface. The spreads were better than Forex.com at the time I joined; however, I have not looked at ForEx.com since then.
I really like the fact that they allow me to connect external sites/apps to my account. It was hard to find a trading journal that would work with Oanda without having to manually download/upload data. I am pleased that it works automatically with myfxbook.
"Top broker"
What do you like best about Oanda?
Never lost connection in busy hours, great platform, always improving the service.
What would you improve about Oanda?
Interest payment for cash in the account
Overall
Excellent broker, I´ve been a happy customer since 2012
Overall
Great!
Overall
good
Overall
Opened my account in2019, I never had any problems with them until I decided to withdraw my funds. I was surprised and disappointed to have jump through hoops to withdraw and ultimately close my account. I would not recommend Oanda.
Overall
Good broker
Overall
Excellent Broker and very professional customer service.
Overall
oanda best
Overall
Are you kidding they trade against you like mad depending on what type of profile they attach to your account. This isn't something you guys even know, there's a load of things that goes behind the scenes that you aren't aware.
Overall
Very good customer support service
Overall
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.
Overall
OANDA charge finance fee too high. Very hard to make money with that.
Overall
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.
Overall
The best FX broker
Overall
Support for MT4 EAs has been amazing so far.
Overall
its good just needs more instruments
Overall
Good! I am not using them so long, but for now they are ok!
Overall
Great broker, awesome API!
Overall
Awesome broker.
