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I originally started trading forex with Oanda. I left them because their fxtrade platform sucks. Having tried several forex brokers (all of them STP forex brokers, BTW) and I'm going back to Oanda.
Oanda launched MT4 and they're honest. What you see is what you get, period.
Oanda's spreads are very tight, no commissions charged and unlike all other brokers I've seen, Oanda pay interest in real time.
Believe me, put on some carry trades (buy high yield currency vs. low yield currency, eg AUDJPY) and you will earn interest plus the profit from the trade! That's how big guys make money in forex!
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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