OANDA Corporation, Delaware, United States
OANDA Europe Limited, London UK
Regulation: NFA (ID# 0325821, #0406981), CFTC;
FSA UK (reg. #542574); FSA Dubai; IIROC; MAS Singapore.
nlike many other top Forex brokers,
OANDA is a multi-faced financial
services provider that serves not only
as a Forex broker, but also as a vehicle
for numerous other financial investments
and transactions. While company’s
expansive offerings may pique the
interest of some traders, those who are
looking for a straightforward Forex
trading experience can quickly be
distracted by the mix of services, tools
and information that are presented on
the site.
During the course of the following OANDA
review, we tried to extract the
company’s valuable Forex trading
services from the range of supplemental
services that OANDA provides, which
includes hedging and actual currency
conversions. We saw through all of the
marketing hype and evaluated the pure
value of the company’s Forex trading
services in our OANDA review, and we
hope that this will help you make the
right decision regarding this unusual
brokerage.
Trading Platform
OANDA’s primary trading platform is
called fxTrade. The demo version is
aptly dubbed fxTrade Practice, in lieu
of its former name, fxGame. Unlike most
other Forex brokers that offer a demo
for a limited time, OANDA’s fxTrade
Practice is available for as long as it
takes you to beef up your trading skills
before opening a real account.
Unfortunately for those who are familiar
with other Forex trading platforms,
OANDA’s platform does not offer the
MetaTrader 4 platform, though users can
integrate this popular platform into
their OANDA trading platform, by
invitation only.
OANDA uses innovative computer and
financial technology to provide
Internet-based forex trading and
currency information services to
everyone, from individuals to large
corporations, from portfolio managers to
financial institutions. OANDA is a
market maker and a trusted source for
currency data. It has access to one of
the world's largest historical, high
frequency, filtered currency databases.
OANDA Services:
OANDA.com—Currency information, tools,
and resources for investors, businesses,
and travelers.
FXTrade—A fair, transparent, low-cost
and flexible forex trading platform for
traders, investment managers, financial
institutions, and corporations. With a
free unlimited-use practice platform,
APIs for automated trading, and
FXManager, a trading interface for
multi-client trade execution and
reporting.
FXGlobalTransfer—A convenient, secure
and completely online foreign currency
transfer service. Clients can take
advantage of the same exchange rates
that professional traders receive on
major currencies.
FXConsulting for Corporations—A
professional consulting service to help
companies create cost certainty and
revenue certainty by managing their
exposure to foreign currencies.
FXConsulting develops tailored,
practical currency hedging solutions
utilizing OANDA’s Best Forex Practices
framework for large and small companies.
OANDA is a Marketmaker Broker . OANDA is
operating from United States. OANDA is
in industry since 2001. OANDA is a
Regulated Broker. OANDA is working as
independent broker. The Online Broker is
a US Clients Broker. The Trading
platform that can be used of OANDA is
FXTrade
The pricing of
OANDA is based on a 5 Digits Broker. If
you want to open an account with this
broker you can do that starting with an
minimum Account of $1.
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