Oanda | |
Rating | Oanda does not participate in the Forex Rating |
Reviews Rating | |
Regulation | CFTC, NFA, FSA, IIROC, MAS |
Trading software | OANDA fxTrade, MetaTrader4, fxTrade Mobile, fxTrade API |
Headquartered | 140 Broadway, 46th Floor, New York, NY 10005, USA |
OANDA is one of the oldest forex brokers operating currently on the online currency markets. The company was established in 1996 through combined efforts of a informational technologies scientist and a financial expert who had foreseen that the internet would change global financial markets in the nearest future to evolve processes for efficiency in an electronic commerce. Oanda broker provides a wide range of services on online international financial markets. Besides trading software the broker provides up-to-date trading information, investing instruments and resources for private traders and investing companies. The company’s main office is located in New York, United States. Additionally, the broker has representative offices and sales centers in Singapore, Canada, United Kingdom and Japan.
OANDA offers to traders the most high-tech and advanced trading and informational technologies to ensure efficient online currency trading and the most fresh and exact financial information to all traders, from private traders to major financial companies, from personal account managers to institutional brokers. OANDA is an acknowledged market maker and a reliable financial data source. The company gives its’ customers access to one of the largest economical and financial databases in the world. The broker offers trading a wide range of currency pairs including such exotic pairs as eur chf and jpy cad. OANDA offers its services to the traders from USA and other countries of the world.
Among the advantages of trading with Oanda there are: fxTrade, which is a transparent, user-friendly, low-cost and customizable currency trading platform for traders, investment managers, financial institutions, and corporations; website OANDA.com providing currency information, tools, and resources for investors, businesses, and traders; Forex Blog, providing RSS feeds and daily market reviews and forecasts from the broker’s resident currency analysts; OANDA Research and Innovation Center, which is a blog about innovation, product design, and next-generation trading technologies.
On the website of Oanda forex company you can find the answers to the questions why is oanda a good broker , how to trade on oanda and how safe is oanda as long as a lot of useful data such as currency charts, currency converter, rates, news and promotion actions.
On the Oanda forex broker profile page at our website you can read oanda reviews by other traders as well as write your personal oanda review of your personal experience with the broker. To add a broker review you need to login to the site. The gold stars signify reviews ratings according to their usefulness as considered by other visitors of the site.
Oanda Trading Information 2021
WWW | https://www.oanda.com/ |
---|---|
Address | 140 Broadway, 46th Floor, New York, NY 10005, USA |
Headquarters | New York |
Free phone | 1 416 593 9436 |
24 hour support | |
Trust management | |
Free education | |
Bonuses, Promotions | |
Sponsorship contests, competitions | |
Mobile trading | |
Automated trading | |
Daily analysis | |
Demo account | |
24 hour trading | |
Accepts US traders | |
Scalping | |
Hedging | |
PAMM | |
Digits after the dot in quotes | 5 |
Minimum position size | 0.00001 |
Pip spread on majors | 1-3 |
Spread Type | Variable |
Maximum Leverage | 50 |
ECN, $ | |
STP, $ | |
Standard account, $ | 1 |
Mini account, $ | 1 |
Popular payment methods | Credit Card, PayPal, Wire Transfer, Check |
Account currencies | USD, AUD, CHF, EUR, GBP, JPY, CAD, HKD, SGD |
Available assets | Metals, Gold |
Languages | English, Russian, Japanese, Chinese, Spanish, German, Korean and French |
Platforms | OANDA fxTrade, MetaTrader4, fxTrade Mobile, fxTrade API |
Broker type | Broker |
Regulation | CFTC, NFA, FSA, IIROC, MAS |
Foundation | 1996 |
Oanda Reviews and Comments
I just learned my entire account on Oanda got wiped out from "inactivity fee" because I trusted to use their platform for long term investments.
jeff 27 Apr 2021 Reply
Nice company with a solid reputation. My first account was opened in 2010. Oanda was the first retail fx broker that has provided tick data for all currencies. I still trade with them by testing expert advisers on small accounts. Good solution for beginners with small amount of money.
Greg77 11 Jun 2017 Reply
My experience of trading with Oanda is very positive. There are many features available on the website. If you have a real account, you get an access to huge database of historical prices. I use automated trading strategy and it requires backtesting on history. So I need high quality data and it’s available on the website. The main point is that all data available in ticks. I can convert it to different timeframes and there is no need to pay extra money for data from other vendors. If you need good broker and high quality data for testing your algorithms then think twice about this one.
Huckeberry8 29 Jun 2016 Reply
I like them due to deep market liquidity and competitive spreads. Nothing out of the common – just nice stable trading conditions.
Raj 19 Jun 2016 Reply
Why Should Anyone Trade with Hotforex
HotForex is continuously establishing its position as a market leader and offers great trading conditions and competitive advantages to its clients which include, but are not limited to: tight spreads from as low as 0.1, flexible leverage options, top fund security measures, multiple account types, free educational resources, access to daily market analysis and many more!
Listen, I understand that this is a reputable broker but I am not satisfied completely with it. When I started, everything was perfect and suddenly the problems began. That sudden change occurred after I made profits several times. They stopped to execute orders. I thought something was wrong with my desktop, reloaded it and the pause was fatal for my deals. Perhaps I should continue but I’ve quitted at once. Though, it’s a pity. Here they offer innovative trading tools for analyzing the trends and stimulating the market, promise the secure trading.
Andy 2 Jun 2016 Reply
fxcm and oanda are mothere forex brokers to the universe. no forex broker can be compared with them. seriously. once and once again thanks to them
mahesh ch 16 Jan 2013 Reply
rule no 1: trade with oanda or fxcm
rule no 2: trade with oanda and fxcm only for ever and ever
mahesh ch 16 Jan 2013 Reply
the best and top and great and king forex brokers in the world are oanda.com and fxcm.com only for serious traders. because i have been trading with this two brokers for nearly 2 years. i accumulated $2m .
mahesh ch 16 Jan 2013 Reply
Compared to all brokers I’ve dealt with Oanda is the my favorite.
Nishkalanka FX 21 Sep 2012 Reply
and by the way, the regulators are funded by FX dealer and just regulate how FX brokers can steal from clients. Clients have no recourse to regulators, absolutely nothing, these thugs all work to find ways to steal from the public.Look at the financial crisis caused by these thugs colluding with one another. They are above the law because they have backing of the regulator and the regulator reports to the government which as we now see is also crooked.
todd 9 Oct 2011 Reply
Dangerous twists! I agree and now believe the majority of the positive reviews are funded by forex companies! I practiced and studied system for over 2 years. When I began I had a 93% winning streak for 3 months and tripled my money. However, problems began a day after making my first limited withdrawal. They are limited and Must be done in increments of $9000. After that moment limit orders were always a Pip away or less even with huge moves. Bids all resulted in instant reversal to the bid! I would occasionally get 1:20 return but it seemed I was the only player. After a 2 month retraction and reevaluation I was able to trickle minor income but the -Historical- anomalies only occurred on my trades within seconds of entry! These systems are not regulated appropriately and there are no open source disclosure to its directional purity. In this case as crazy as it seems I see an easy platform to program eliminatory strategies against actively successful investors. Beware!
Will 2 Nov 2018
All Oanda Reviews