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OANDA

OANDA
SKU:
Brand: FX Brokers
Category: Forex Broker

  • Platform
    Metatrader4 (MT4) , fxTrade

  • Min deposit
    $1

  • Min lot
    0.00001 lot

  • Spreads
    1 pips

  • Broker Type
    Market maker

  • Regulated
    NFA, CFTC, FCA UK, IIROC, MAS Singapore

Our Rating

The overall rating is based on review by our experts

5
  • Broker Customer Service 5 / 10
  • Broker Features 5 / 10
  • Forex Pricing 5 / 10
  • Trading Platform Connectivity 5 / 10
  • Trading Platform Usability 5 / 10

OANDA is a Forex Broker . It started opening it’s doors to clients in 1996 , establishing it’s offices in United States , United Kingdom, Canada, Singapore, Japan. OANDA (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $1.

OANDA offers accounts in: USD Account, EUR Account, GBP Account, CHF Account, CAD Account, AUD Account, JPY Account with variable spreads. The lowest spread offered in EuroDollar is 1 pips.
It’s platform (MT4 Desktop, fxTrade Mobile/iOS/Android/BlackBerry ) can be traded on Desktop|Mobile|iOS|Android|BlackBerry| , it offeres a no feed. The platform is set on EST (GMT-5) and it offers a 5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 50 : 1 Standard Account

On it’s platforms: MT4 , fxTrade, you can set Trailing Stoploss, No OCO orders, One click trading, furthermore it offers Mobile trading, No Webtrading and 72 fx pairs (28+ exotic). Among the foreign exchange products you can also trade, Gold, Silver, Indices, Commodities.

OANDA (Forex Broker) is regulated by NFA, CFTC, FCA UK, IIROC, MAS Singapore, and is a Independent broker..

For all those wondering on the payment and withdrawal method, here is a list of funding methods:

Payments:Bank Wire, Check, Debit Card

Withdrawals from your FX account:Bank Wire, Check, Debit Card, PayPal

Please take the opportunity to review OANDA, your feedback is appreciated.

 

OANDA - Specs

Broker

Broker Type Market maker
Broker Country United States
Regulation NFA, CFTC, FCA UK, IIROC, MAS Singapore
Indipendant Broker Independent broker.
Year in Industry 1996
International Offices United Kingdom, Canada, Singapore, Japan

Account

Accept US Clients Yes
Mini account deposit $1
Standard account deposit $1
Trading account currency USD Account, EUR Account, GBP Account, CHF Account, CAD Account, AUD Account, JPY Account
Leverage Account 50 : 1 Standard Account
Minimal size lot 0.00001 lot
Leverage Mini account Mini Account, Standard Account

Payments

Funding method Bank Wire, Check, Debit Card
Withdrawal method Bank Wire, Check, Debit Card, PayPal

Costs

Commissions no
Costs & Spreads variable
Costs/Lowest spreads on EURUSD 1 pips

Trading

Premium trading no
Scalping yes
Hedging
EAs allowed yes

Platform

Trading platform type MT4 Desktop, fxTrade Mobile/iOS/Android/BlackBerry
Platform time zone EST (GMT-5)
Decimal pricing 5 digits
Trailing stops Trailing Stoploss
OCO orders No OCO orders
One click One click trading
Mobile trading
Webtrading
API Solutions

Products

Currency pairs 72 fx pairs (28+ exotic)
Exotic Pairs Exotic Forex Pairs
Gold Silver Gold, Silver
CFD Trading CFD trading
Other instruments Indices, Commodities

Other

MAM PAMM LAMM PAMM
Managed Accounts Yes
Swap free accounts No
Segregated client accounts

Promotions and Offers

Bonuses (T&Cs apply) Yes
Contests Yes

OANDA - Reviews

  • Be the first to add a Review

    Please post a user review only if you have / had this product.

  • Rate this Product

  • Funds deposit/withdrawal process, Support, Integrity.
    5
  • Currencies variety, API, News service, etc.
    5
  • Spreads, Spreads during news, Fees, Execution.
    5
  • Bluetooth, Wi-fi connectivity, data trnasfer speed, internet browsing and interfaces.
    5
  • What do you feel about usability and speed of UI (user interface), messaging, calling, contacts management, call history, notifications and internet browsing?
    5
  • 6 / 10 based on your selection

OANDA - Videos