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Overall I'm quite happy with Oanda

I've been with Oanda for 3 months, and I have no complaints. Orders are executed quickly with no slippage, and I don't have disconnection problems. I don't find that the spreads change wildly, only from .9 to maybe 2.5 or 3 during slow volume for eurusd. I love trading from the charts, and even modifying orders, TP and stops all from the chart. As for indicators, they have all I need. For a while I thought they didn't have fib. extensions, but I figured out how to do them quickly and easily by moving the retracement lines. Perhaps the biggest advantage is their lot size. I can trade any amount; I'm not limited to any fixed lot size: fantastic!
The big annoyance is that they don't have weekly and monthly charts, nor do they have direct hedging, although you can hedge by using a sub account.
Overall I'm quite happy with Oanda.

Martin, Forexpeacearmy.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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