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I run a managed account and I'm pleased with Oanda

I run a managed account at Oanda (Pipthis). I also trade at FXCM and a couple of others. They all have their issues, but overall I'm most pleased with Oanda over the others. If you want to trade around news releases, the spreads wil be a problem for you, but other than that their spreads are as good or better than anyone's. I ould like to see a "requote" feature. If I enter a market order ond can't be filled at or better than the price quoted when the order was entered, I'd rather get a requote than a fill.

Alex, FPA 2009-09-10

OANDA OANDA FX Review

Oanda Review: Oanda FX  real spread on MT4

Find Better Broker 

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 

Trader's rate 3.2
Editor's rate 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:

Market Maker

 

Deposit/Withdraw

Bank Wire, Credit card,  PayPal

 

Platforms:

Metatrader, FxTrade (Java), iPhone, iPad, Android, Blackberry



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