Oanda Review

Plus500

Overview

Oanda was founded in the mid of 90s, by Dr. Michael Stumm, professor of Computer Engineering at the University of Toronto and Dr. Richard Olsen of the Olsen Ltd. In 2001 Oanda entered the forex trading platform, by launching first fully automated online currency trading platform – FXTrade.

Read Full Review

Details

Broker Oanda
Website URL www.oanda.com
Founded 1995
Headquarters USA
Languages English, Chinese, German, Japanese, Spanish
Trading Platform fxTrade
Minimum 1st Deposit $1
Minimum Trade Amount 0.01 lots
Leverage 1:50
Spread Variable, from 0.8 pips
Free Demo Account No
Regulated Yes
Regulation CFTC, NFA , MAS, FSA, IIROC, DFSA
Account Types Account Details: minimum deposit: $1 minimum contract size: $1 max leverage: 1:50
US Traders Allowed Yes
Mobile Trading Yes
Overall Score 4.0

Screenshots

Screenshot 1 Screenshot 2

Full Review

Oanda was founded in the mid of 90s, by Dr. Michael Stumm, professor of Computer Engineering at the University of Toronto and Dr. Richard Olsen of the Olsen Ltd. In 2001 Oanda entered the forex trading platform, by launching first fully automated online currency trading platform – FXTrade.

 

Oanda is one of the largest forex trading firms, that has clients all over the world. Oanda offers a multi-faced financial services provider that serves not only as a Forex broker, hedging and actual currency conversions.

 

Trading Platform

 

Oanda’s main trading platform is their own built FXtrade that offers a demo for a limited time. Oanda doesn’t provide MetaTrader 4 on registration but after trader inquire the forex broker supplies Metatrader platform.

 

Features

 

The forex broker offers some excellent features – desktop trading application, Oanda allows traders to mark indicators on their trading charts so that they can easily track your Forex currency pairs to determine your next move.Oanda offers currency converter in more than 10 languages and FXLabs, where traders can test Oanda’s new tools. Oanda provides and FXManager platform for brokers, and the FXContest platform that allows users to compare their performance to the relative successes of other users.

 

Customer Service

 

Oanda’s customer and support teams are professional that will answer all you questions 24/5. The broker offers well-build help center with useful forex trading videos, articles, forex courses and etc., suitable for all traders.

 

You can connect with Oanda vie email, live chat and phone call.

Visit Broker
Shares