Oanda Review Scores
Overall Score: 3.7 / 5
Total Votes: 446
Customer Service
1 - Worst   5 - Best
Oanda Discussion
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Member Since Nov 23, 2009  1 posts RY Capital (rycapital) Mar 22 2010 at 06:45 (edited Mar 22 2010 at 06:46 )
Fairly reliable platform, tight spreads are the pluses. Limited trading platform functionality, charts, order entries/types flexibility are a downside. I am using FXManager for managed account, simple but fairly complete, certain functions are not very intuitive, especially the allocation system. They do not seem to be very eager on improving the trading platform, but I'll take tight spreads and platform reliability as priority over other feature enhancements.


Member Since Apr 10, 2010  1 posts Irene (irenelim) Apr 11 2010 at 06:06
Reliable and honest broker.

Simplicity is the key to brilliance.

Member Since Jan 09, 2010  1 posts Arya Apr 16 2010 at 13:02
Best broker out there. Highly recommended.


Member Since May 24, 2010  2 posts em3rveillement Jun 20 2010 at 20:04
the best broker i know the spread on EUR/USD remains constant at 0.9 pips. But the platform doesn't respect the Stop Loss and Take Profit orders very acuratly, they tend to rise a few pips 0.5 - 3 pips


Member Since Jul 21, 2010  14 posts Guglielmo (Guglielmo) Jul 24 2010 at 11:04
Un ottimo broker, da quando ho aperto un account con Oanda, ho migliorato sensibilmente anche la mia operativitàwink


Member Since Aug 23, 2010  1 posts FED999 Aug 23 2010 at 09:46
Very good broker. You can alway use MT4 for chart and trade on Oanda!!


Member Since Aug 31, 2010  21 posts tumbleweed Sep 16 2010 at 02:51
Excellent Broker. I had a program written in C++ specifically for Oanda and Interactive Brokers. API plug in works seamlessly, excellent spreads, good customer service, and I like the platform. Just wish they had MT4 so EAs could run on it. Their API fee is high ($600 a month) but the cost is offset with lots traded. Still, the API fee makes them less competitive with other brokers that use Meta4. Their platform would go down from time to time, but the API stayed connected. Good people.


Member Since Sep 16, 2010  15 posts pilTrader (pilTrader) Oct 02 2010 at 17:05
Oanda is where I have a LIVE account (micro) and it has been up for a year now. as far as my experience with them - I have no problem at all. There were times I have concerns raised in their support and they are sincere and determined to let me understand the situation. I appreciate their sincerity. I am confident when I would open a larger amount, They can be trusted.

Trade on what you see, not on what you feel.

Member Since May 22, 2010  7 posts Tupaj (tupajz) Oct 30 2010 at 18:36
it would be really great mt4 with these guys, anyway the BEST BROCKER EVER!!


Member Since Nov 02, 2010  2 posts canuck15 Nov 06 2010 at 20:37

Been using them for a few months now. Their platform sucks for technical analysis but is easy to use for entering and exiting trades which is all I use it for. I use a Metatrader demo account with another broker for technical analysis so it's all good.

I have a lot a problems with their platform locking up requiring me to restart it all the time. I think it has to do with the fact I have Windows 7 64bit. As major a problem as that is it is not nearly as important as spreads, ease of use, customer service etc. and they come up all aces there.

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Compare forex broker spreads in real time: Forex Broker Spreads
EURUSD 1.17859 GBPUSD 1.30534
USDJPY 105.911 USDCAD 1.33859







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