.PNG)
I have enjoyed trading through Oanda but have concerns. The service is not always reliable and of late have had to scramble to reconnect because the system had frozen and in all cases was protected with stops to cover such incidents. Major concern is there tick reporting seems to lag behind the actual tick reporting of other brokers by up to 5 pips when a potential turning point is approached. This means that the effect length of the trade could be shortened by up to 10 pips.
I find the response time for order placement is good and online assistance is very useful. Interest on the capital in your account is also a nice feature.
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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