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It is impossible to estimate the real cost of trade with Oanda

Advantages of OANDA don’t seem to be obvious.

Above all, it is impossible to estimate the real cost of trade, firstly because of complication in determining a size of spreads and secondly because the information about term-of-trades is rather obscure. Such kind of confusion could have been done on purpose. Moreover, a complete absence of information about the underlying structure and addresses of offices doesn’t make it any better.

The company seems to have the only strong side which is it’s help-analytical support. But there is a weak point even here and this is a very poor technical analysis available for a public view. Although a high-quality technical analysis may be available on a payment basis.

forex-ratings.com 2009-08-03

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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