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I have been using Oanda more than a year.
Pro's:
* Very fast execution
* Extremely low spreads during high volume London & US session
* Good rollover swap system, intelligent & fair
* Ability to sell long positions at friday close price over weekend (closed market)
Con's:
* Asian opening on Sunday night has bad spreads.. which results in no trading, no risk really
I don't understand talk about wide spreads during news, no idiot trade before an
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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