OANDA is one of the early pioneers of online forex brokersestablished in the mid s. The company is said to be founded by Dr Michael Stumm and Review. When the online trading platform FXTrade was launched init was the first fully automated forex trading platform. Since then, OANDA have grown by leaps and bounds to handle more than a million queries a day. The MT4 trading platform is highly regarded by the online trading community for its advanced features and sophistication trading tools. As for FXTrade WebTrader, it requires JAVA to run. Because it is web based, traders can access the platform from anywhere in the world as long as they have an internet connection. Forex these versions of trading platform are also available as forex versions for mobile devices. For tech savvy traders, they can use the OANDA FXTrade API libraries to build their own forex trading system to accommodate trading actions such as:. OANDA does not distinguish between different types of traders. As such, there is only one standard type of trading account at OANDA. Trades of any sizes are permitted without any minimum lot size requirement. Instead what traders pay is oanda spread based forex real-time market values. Depending on the currency traded, spreads starts from as low as 1. Spreads for indices are even lower, starting from as low as 0. Traders are cautioned that during times of high volatility, the spreads tend to widened. Customer support at OANDA is available 5 days a week from Sunday 1pm EST to Friday 6pm EST. The customer service representative can contacted by means of live chat, email fax or telephone. For the benefit of their oanda, OANDA maintain an office in the following locations:. To maintain the integrity and reliability of their operations, OANDA ensure that it meets all the required regulatory requirements for an online forex broker. For example, the company is registered with the Futures Commission Merchant FCMCommodity Futures Trading Commission CFTC and the National Futures Association NFA ID Morgan Chase, Royal Bank of Canada and the Royal Bank of Scotland. With features such as real time pricing, automated trading capability and no minimum deposit requirement and trade sizes, it is easy to see why OANDA is popular among many traders. The fact that OANDA is a regulated and long established broker is an added bonus for traders. Not too many brokers ou there that are reliable so to start with I am happy with this. Not sure why so many small brokers rate higher. Oanda offers review that they do plus the comfort of knowing your money is safe in this well capitalized broker. This is crucial in uncertain times Yes, they are a market maker which causes them to have high spreads at times but someone has to do it! They help you even if you did not do your deposit yet. Other brokers talk a lot but does not help you before you dep. Other brokers push you and tel you a lot of stories, when you deposit your money, There support fades. Oanda help you, and does not push you. They give you space, you are never under presure to do your deposit. They look after you even if forex did not sighn up whith them yet. The other brockers, wil help you till a point and then they demand more forex othewise they cant help you any more. All the brockers that give you a welkome bonus, be aware. Owned and backed by the family of Richard Olsen, they own Bank Julius Baer. I use Oanda for 3 to 4 years. Own app from browser manual limited functions is very very good and speedy. They delay the orders, stop losses, etc Its all about your money Not for serious traders with serious money. It is not the unique Easy to get the money from Paypal and to Paypal. I have been trading with oanda for last one year. I have not come across any major issues. This is the best broker you can find if your account is opened with them outside of Canada. Their leverage for Canada based accounts is the review. OANDA is also a closed trading platform broker. Their API's are available only for heavy traders. Other than the above two points, they are the best. I have been using Oanda platform for 4 years and it is consistently better than the rest of them. Moreover, Oanda got their bonus and I like their FX trader. No one is as reliable. FX Empire - the company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as link result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. FX Empire may receive compensation from the companies featured on the network. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual review price. FX Empire bears no responsibility for any trading losses you might incur as link result of using any data within the FX Empire. All Brokers Forex Commodities Indices Stocks Loading Home Markets News Forecasts Education Brokers Economic Calendar Trading Signals. Forex Commodities Indices Stocks. Economic News Commodities News Forex News Opinions Brokers News. Expand Your Knowledge Basic Education Advanced Education Live Webinars Financial Glossary Financial Podcasts. Forex Brokers Binary Review Brokers Brokers Bonuses Social Trading How to Choose a Forex Broker Best Forex Brokers. Signals Performance Days Trial Plan Monthly Subscription Plan 3-Months Subscription Plan Free Signals - Learn How Futures Signals. OANDA Review 4. Review Overview User Reviews. Editor Review OANDA Review OANDA is one of the early pioneers of online forex brokersestablished in the mid s. For tech savvy traders, they can use the OANDA FXTrade API libraries oanda build their own automated trading system to accommodate trading actions such as: Access To Current And Historical Oanda Data Access To Historical Trading Transactions Risk-Free Testing Stop-Loss, Take-Profit Or Entry Orders Trade Requests Account Types OANDA does not distinguish between different types of traders. Customer Support Customer support at OANDA is available 5 days a week from Sunday 1pm EST to Friday 6pm EST. For the benefit of their clients, OANDA maintain an review in the following locations: Pros Innovative Trading Practices No Discrimination Between Traders Open And Transparent Pricing Powerful And Simple To Use Forex Trading Platforms Quality Execution Quality Forex Reputable Broker Tight Spreads Cons EAs Are Not Supported On Their MT4 Platform Spreads Tend To Widen During Oanda Releases Of News The Charting Package Supplied Can Be Improved They Are a Market Maker Conclusion With features such as real time pricing, automated trading capability and no minimum deposit requirement and trade sizes, it is easy to see why OANDA is popular among many traders. OANDA Overview Company Information Broker Details Info Regulated by CFTC, DFSA, Oanda, MAS, NFA, FSA Headquarters United States foundation Year Trading Account Options Account Type Info min. Deposit Options Credit Card, PayPal, Wire Transfer. Customer Support Languages English, Spanish, German, Russian, French, Chinese, Japanese, Korean. Apply Now Your Capital is at Risk. Add Review Add Your Broker Review. Languages More English Craig Robben Visit OANDA. Bill Visit OANDA Corporation. Johan Visit OANDA Corporation. Atoo Landarv Visit OANDA Corporation. Jane Wong Visit OANDA Corporation. Walter Ellenberg Visit OANDA Corporation. Clarence Legaspi Visit OANDA Corporation. TOP BROKERS BY Reviews. ABOUT US PRIVACY POLICY TERMS OF USE CONTACT US ADVERTISE WITH US BECOME AN AUTHOR GET FINANCIAL CONTENT FXEMPIRE'S ARCHIVED POSTS.
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