Oanda Review Is A Market Maker And A Trusted Source For Currency Data. It Has Been Chosen As The Winner Of Multiple Awards For Its Innovative Online Trading Platform, Fxtrade. Fxtrade Powers Many Of The World’s Largest Cfd, Spread Betting And Fx Brokers With Pricing And Liquidity. The Platform Enables Traders To Monitor Market Sentiment, Breakout Trades And Trade Directly From The Charts. Mobile Trader Are Well Catered To With The Oanda Mobile Trading App Available On Ipad, Android Tablet And Iphone.
OANDA Company Details
| Headquarters | USA |
| Regulation | ASIC, BVI, FCA, FSC, NFA |
| Platforms | MT4, MT5, fxTrade App |
| Demo Account | Available |
| Minimum Deposit | $0 |
| Base Currencies | USD, EUR, HKD, SGD |
| Instruments | Forex, Indices, Metals, Shares, Commodities, Crypto |
| Payments Methods | Bank Transfer, Wire Transfer, Visa, MasterCard, Neteller, Skrill |
| Customer Support | 24/5 |
Oanda Accepted Countries
OANDA Pros And Cons
Oanda Is One Of The Most Reliable Forex Brokers In Industry With More Than 20 Years Of Online Experience. Oanda Has 6 Entities Around The World And Holds No Fewer Than 6 Major Regulatory Licenses. Oanda Is Considered Safe Because It Has A Long Track Record, Is Listed On Stock Exchange, Has A Banking Background, Discloses Its Financials, And Regulated By Top-tier Regulators Including Uk Fca And Asic.
PROS
CONS
- 1. This Account Requires No Minimum Deposit.
- 2. There Are No Withdrawal Fees For Most Customers.
CONS
- 1. The platform only offers FX and some CFDs.
- 2. Banks Charge High Withdrawal Fees For The Service.
OANDA Accounts Types
Oanda Provides You With 3 Different Account Types Personal, Professional And Corporate. For Traders Of Varying Skill Level And Trading Needs. Each Account Type Has Its Own Set Of Conditions For Commission, Margin Calls, Leverage, And Minimum Deposits. The Benefits Of Each Account Include Access To Exclusive Trading Apps, Trade Signals, And Videos As Well As 24/7 Customer Service By Phone, Fax Or Email.
| Personal Account | Yes |
| Professional Account | Yes |
| Corporate Account | Yes |
OANDA Registration
OANDA Platform & Tools
Oanda Offers Traders A Complete Trading Toolbox. Through Our Oanda Trade Platform, We Offer Access To The Mt4 & Mt5 Platforms As Well As A Feature-rich Web Trading Platform Called Oanda Trade. Some Of The Most Powerful Features Of Oanda Include More Than 70 Technical Indicators And Advanced Charting Tools, Flexible Leverage And Competitive Spreads, Automated Trading Strategies And Copy Trading Via Its Proprietary Fxtrade Platform, Autochartist Through Mt4, Website Widgets And Much More.
| Metatrader 4 | Yes |
| Metatrader 5 | Yes |
| Mobile | No |
| Web | No |
| Desktop | No |
| Ctrader | No |
OANDA Copy Trading
Copy Trading Is Not Available At Oanda. That Makes Sense Due To The Fact That It Is A Market Maker Rather Than An Ecn Broker, But There Are Still Other Alternatives. If You’re Looking To Copy Traders Through Expert Advisors (Eas) In Metatrader, You Can Do So By Importing Them From Another Trader’s Profile In Your Own Metatrader Account.
OANDA Copy Trading Features
- The Guaranteed Stop Loss Can Be Beneficial In Providing You With A Certain Level Of Clarity In Trading.
OANDA Deposits
Deposit Funds Into Your Oanda Account Using A Variety Of Payment Methods. Deposits On Credit And Debit Cards Are Fee-free And Processed Immediately, Which Means You Can Fund Trade In Minutes. Bank Wires Usually Take Between 1-3 Business Days, Although Some Banks May Take Up To 7 Working Days For The Funds To Reach Your Oanda Account.
| Bank Transfers | Yes |
| Wire Transfer | Yes |
| Visa, MasterCard | Yes |
| Neteller, Skrill | Yes |
OANDA Withdrawal
This Broker Provides An Electronic Withdrawal Method And Up To $10 Is Charged For The Service. Withdrawals Can Only Be Done From The Source Of Deposit And Can Take Between 1-6 Business Days. General Details On Deposits And Withdrawal Can Allegedly Be Obtained From The Website Of The Company Or The Customer Care Unit.
OANDA Minimum Deposit
Oanda Does Not Impose Any Minimum Deposit Requirement For Funding An Account.
OANDA No Deposit Bonus
Oanda Does Not Provide No Deposit Bonus.
OANDA Promotion
Oanda Does Not Offer Promotional Offers For The Time Being.
OANDA Customer Service
Customer Service At Oanda Is Available 24 Hours A Day, 7 Days A Week. The Multilingual Customer Service Team Can Be Reached Via Phone, Email Or Live Chat. Oanda Also Offers Online Support Through Articles, Tutorials And Demos To Help You Get The Most Out Of Your Trading Experience.
OANDA Contact Details
- [email protected]
- +44 20 3151 2050
OANDA Review Conclusion
Oanda Offers Two Types Of Trading Accounts: Standard And Premium, Which Allow You To Trade Different Assets At Different Spreads. They Also Offer 24-hour Support During Weekdays, A Variety Of Trading Platforms, Including Their Award-winning Oanda Trade Platform. Furthermore, They Provide Impressive Trading Tools, Research And Education Solutions Such As Autochartist And Marketpulse. This Great Combination Makes Them One Of The Best Forex Brokers In The World.
