Just when you have made some money Oanda's screens will start freezing up.
You will try to close a position and there will be no response from pusing the button. You will try and try. Then you will get disconnected from your account.
You many or may not be able to log in. With my account the charts would freeze up and the data would be matched up with the wrong chart.
Happened MULTIPLE TIMES EACH DAY!!!
They will then tell you it is ONLY YOU.
I could not place trades at critical times as the data and the chart did not match up. I could not see the 5 sec or 10 sec or 30 sec or 1 min screens. The only screens that were operable were 15 minute or 30 minute.
The thing is the Oanda people act professional. But if you ask them pointed questions they will always manage to change the subject.
You will never get your money back becuase they will tell you you have a bad internet connection even when you can access every other account on your computer EXCEPT YOUR ACCOUNT AT OANDA.
Do no give them ANY MONEY. READ THE REVIEWS ON THE INTERNET. THE ONLY PEOPLE WHO WOULD STAY WITH OANDA TO NOT TRADE. THEY JUST LET THEIR MONEY SIT IN THE ACCOUTN SO THEY HAVE FOREIGN EXCHANGE.
OANDA WILL EAT YOUR MONEY. THEY CAN KEEP YOU FROM GETTING INTO YOUR ACCOUNT AT KEY TIMES. READ THE REVIEWS.
Headquarters:140 Broadway, 46th Floor, New York, NY 10005
Country: United States
Regulated by: CFTC, NFA , MAS, FSA, IIROC, DFSA
Branches:
OANDA UK
OANDA Japan
OANDA Asia Pacific
OANDA Middle East
3.2
3.8
Account Details:
minimum deposit: $1
minimum contract size: $1
max leverage: 1:50
Spread:
Variable, from 0.8 pips on EUR/USD
Dealing:
Deposit/Withdraw
Bank Wire, Credit card, PayPal
Platforms:
Metatrader, FxTrade (Java), iPhone, iPad, Android, Blackberry
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