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Oanda Review and Information 2022

Oanda Information and Review 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
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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 2022


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
24/5 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 have been waiting over one month for a support ticket to be resolved - the settings on the online platform will not save. Furthermore, I have asked support now twice for information on their fees with no response (there are a lot of different fees and trying to figure out exactly what they are on their website doesn't seem possible). I am going to move to another platform and I do not recommend Oanda. Although their trade layout is clean and easy to read, it's just not worth it - bad customer service and high/confusing fees.
  3 May 2022  
Oanda is a fraud company. I took a forex trade NZD/CHF trade (ticket #1162), the price was nowhere near my stop loss but they stopped me out of the trade and when I questioned it, they claimed it was a market slippage that caused it which is fair enough but what annoyed me was taking £18 instead of £11 the agreed stop loss price! I would not recommend this broker. Please be aware this might happen to anybody.
  9 Dec 2021  
Terrible platform. Customer service is the worst. They have people in India reading off the screen that don't know anything about trading or the platform. The close your trades without warning. Im closing my account with them! Avoid.
  21 Sep 2021  
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.
  27 Apr 2021  
Trade Gold with FXTM

Trading precious metals is one of the most popular ways of diversifying your portfolio. Trade spot gold and spot silver prices against the US Dollar and other major currencies with a global broker today, and reap the potential benefits.

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.
  11 Jun 2017  
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.
  29 Jun 2016  
I like them due to deep market liquidity and competitive spreads. Nothing out of the common - just nice stable trading conditions.
  19 Jun 2016  
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.
  2 Jun 2016  
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
  16 Jan 2013  
rule no 1: trade with oanda or fxcm
rule no 2: trade with oanda and fxcm only for ever and ever

  16 Jan 2013  
All Oanda Reviews

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