- ECN-Brokers-Main
- Forex Broker
- OANDA
OANDA
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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
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 |