OANDA Review 2021 | Detailed Information about OANDA Forex Broker - BrokersView
Foreign exchange dealers,foreign exchange,Forex Trading,CFD Online,oanda,oanda.com

OANDA

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Founded: 1996 Min deposit: 1 USD

Headquarters: Toronto, Canada Max Lev: 1 : 200

+44 02031512050 frontdesk@oanda.com https://www.oanda.com/
Score
7.8 Good
56 Reviews

advanced trading platform 5

spread widen 5

responsive customer support 3

unstable server connection 3

trading problems 5

regulated & licensed 4

deposit/withdrawal problems 3

complicated registration process 1

8.6 Business Scope

Trading instrument and serviced countries

7.8 Trading Cost

Spread and commission

7.8 Trading Platforms

Trading software and multi-end trading

7.9 Customer Support

Customer support and value-added services

Multilingual Support
Long-established
Leverage Limit
Hedging Not Allowed
Multi-regulation
Commodities Trading
Tight Spread
Deposit/withdrawal Problems
Is OANDA a Scam or Not? Detailed OANDA Review, which is a must read before you trade with this Forex broker. Read all OANDA pros and cons, full description of trading accounts, platforms, spreads, promotions.
Nicole
Dec 22, 2020
I like this platform very much because I can choose to display important news. I mean the news- is about to be released on the chart. I can adjust my position to a tight level.
OANDA Review 2021 | Detailed Information about OANDA Forex Broker - BrokersView
Alex Verbitskiy
Dec 16, 2020
I think OANDA is one of the best and most trusted market makers around, and it is especially suitable for beginners to trade with OANDA because the broker has an user-friendly and flexible platform. Open-close and modify orders, SL and TP are indeed very simple and clear. The customer support is always very friendly and resourceful. Faithfully recommend!
OANDA Review 2021 | Detailed Information about OANDA Forex Broker - BrokersView
Mikka Litmanen
Dec 12, 2010
I stayed in Oanda for about a year. Oanda's trading platform is often frozen. I lost the connection to my trading account during the transaction. Even though I can successfully access other websites and log in email, I have encountered connection problems.
Foreign exchange dealers,foreign exchange,Forex Trading,CFD Online,oanda,oanda.com
Rayn M
Jan 04, 2021
Opening an overseas account in OANDA can be painful, but overcoming these obstacles, you will know it's the best broker. Their platform is not such easy or as powerful as I want, but their response time is very short. In case of trouble, their chat room is always ready, fast and reliable. The spread is really good. In the end, I gave OANDA 4 stars just because they lack a programmable platform.
Foreign exchange dealers,foreign exchange,Forex Trading,CFD Online,oanda,oanda.com
Robert Dowl
Jan 26, 2021
My experience in trading with Oanda is very comfortable. There are many features on the website, and if you have a real account, you can access a huge database of historical prices. I use automated trading strategies and need to back-test the history, so I need high-quality data, which can be found on the website.
Foreign exchange dealers,foreign exchange,Forex Trading,CFD Online,oanda,oanda.com
Daniel Richards
Jan 28, 2021
I think Oanda is the best, top and greatest foreign exchange broker in the world. I think it's only suitable for serious traders. I have been trading with this broker for nearly 2 years and I have accumulated $2m. Highly recommend.
Licence Status

operate with a few regulation licenses

Foreign exchange dealers,foreign exchange,Forex Trading,CFD Online,oanda,oanda.com
FCA 542574
Is OANDA a Scam or Not? Detailed OANDA Review, which is a must read before you trade with this Forex broker. Read all OANDA pros and cons, full description of trading accounts, platforms, spreads, promotions.
NFA 0325821
Is OANDA a Scam or Not? Detailed OANDA Review, which is a must read before you trade with this Forex broker. Read all OANDA pros and cons, full description of trading accounts, platforms, spreads, promotions.
ASIC 412981

Deposit and Withdrawal

8.0

Very Good

Minimum deposit and no deposit fee

Features

Low Minimum Deposit

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Company and Service

8.4

Very Good

Many branch offices in different countries

Features

Multilingual Support Long-established

Profile
Offices Set in
Canada,  Singapore,  Australia,  Japan,  United Kingdom,  Germany,  Poland,  Malta,  United States
Founded 1996
Broker Type
MM/DD
Time Zone GMT+2
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android
Contact
Address
370 King Street West 2nd Floor Box 60 Toronto ON M5V 1J9
Phone Number
+44 02031512050
Email
frontdesk@oanda.com
Others
FIFO
Website Language
Chinese,  English,  French,  German,  Italian,  Japanese,  Korean,  Portuguese,  Russian,  Spanish,  Vietnamese
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Twitter,  Instagram,  Youtube
Supported Language
Chinese,  English,  French,  German,  Italian,  Japanese,  Korean,  Portuguese,  Russian,  Spanish,  Vietnamese

Broker News

David Hodge Leaves OANDA after 4 Years Nov 17, 2021
David Hodge, has resigned from the role of EMEA CEO and Global Chief Revenue Officer at OANDA, a global leader in online multi-asset trading services.
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OANDA Partners with CONVRS to Enhance Account Opening Process Nov 10, 2021
OANDA, a global leader in online multi-asset trading services, announced that it has partnered with CONVRS, a personalized customer engagement platform, to enhance the account opening process and better engage with clients.
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OANDA Names Lisa Shemie as General Counsel and Corporate Secretary Oct 27, 2021
OANDA, a global leader in online multi-asset trading services, announced yesterday that it has named Lisa Shemie as the company's new General Counsel and Corporate Secretary. Based in New York, she will be responsible for overseeing the firm's legal function worldwide.
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Overall Score

7.8 Good

56 Reviews

Cost 7.8

Platforms 7.8

Deposit & Withdrawal 8.0

Customer Support 7.9

Indicates the average level of Brokers

Keywords for selection
trading problems hedging spread widen advanced trading platform low spreads reliable & reputable unstable server connection terrible deposit/withdrawal transfer fees high swap fee low leverage deposit/withdrawal problems complicated registration process dissatisfied regulated & licensed bad/unprofessional customer support

56 reviews

James Ward

Jan 18, 2021 Over 3 years Personal Account
A good company with a good reputation. My first account was opened in 2010. Oanda is the first retail foreign exchange broker to provide data on all currency quotes. I still trade with them through Expert Advisors who help test small accounts.
Australia
Helpful
Not Helpful

Stephen Dinsdale

Jan 25, 2021 1-3 years Personal Account
I have been a customer of Oanda for three years. I made 500,000 Swiss francs here. They are the best brokers I have encountered in 15 years. When I call their customer support, they always get back to me in time.
Switzerland
Helpful
Not Helpful

Mikeioc

Jan 18, 2021 1-3 years Personal Account
There is no need to produce documents, and the funds can be successfully withdrawn very smoothly. I strongly recommend this platform to Canadians.
Canada
Helpful
Not Helpful

Edmund Edwards

Nov 16, 2021 0-6 months Professional Account
Oanda is one of the best in the forex market and very stable trading platform Two things need urgent improvement One is open position on the chart and the other one is able to hedge trade on open position. One best one is CMS free technical trading systems is good for beginners and hedge trade on open position with out any extra margin.
Greece
Helpful
Not Helpful

Manolo

Nov 01, 2021 7-12 months Personal Account
Mac users will love Oanda! I am from South Korea and I think Oanda is excellent!
South Korea
Helpful
Not Helpful

Fayaz ul H

Oct 28, 2021 0-6 months Professional Account
Wonderfull !!!! I love you my Oanda......
Chile
Helpful
Not Helpful

Hauptman

Oct 19, 2021 0-6 months Personal Account
Oanda has no interest in developing more time frames and tools that will help their clients. Even the ichimoku they added is suspect as the discussion board people say it is not accurate
China
Helpful
Not Helpful

Md Arif Hossain

Oct 11, 2021 0-6 months Personal Account
I have been trading with OANDA since May 2006. I found that their chart indicators are very basic and useless to me. The most frustrating thing is-expensive! For charts, I use one of several "free" charting services to provide more options for my indicators-I don't have to use closing prices at all, I can use high, low or midpoint as variables etc...
San Marino
Helpful
Not Helpful

Zulfikar Ali

Oct 05, 2021 0-6 months Personal Account
Good broker. Strong support, fast execution speed.
Brazil
Helpful
Not Helpful

Guest

Sep 29, 2021 7-12 months Personal Account
I have tried several FX brokers. So far, OANDA is the best. OANDA gives the highest flexibility on contract size suitable for novice and experienced traders. Also, OANDA allows trading of gold and silver. Besides, you also get paid with 4.8% of interest for your account balance.
Cambodia
Helpful
Not Helpful

1 - 10 of 56 comments

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