Oanda

Oanda

On-line since: 2001
Country of origin: USA
Regulation: Registerd with Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA ID #0325821).
Payment options: Bank transfer, checks, PayPal
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: 1:50
Spreads: Variable, usually 2-2.5 pips on EUR/USD

Oanda Company was established in 1995.
Oanda uses innovative technologies for providing trading services at Forex market for individual traders and large corporations, from portfolio managers to big financial institutions.
Oanda Company is a member of Forex international market and a reliable resource of currency rates. The Company has an access to the largest in the world quotation database with the most frequently and filtered renewal of information.


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MT5.com Forum Posts
24.05.2013 19:57
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Kamalasosi
Where am I?
Join Date: 24.05.2013
Posts: 16
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Oanda is one of the best riders out there. Old, good reputation, excellent food and spreads. Techboy 50:1 leverage is not really a problem unless you're a gamer, not a trader. I have not seen a serious trader go to 100%.....
23.05.2013 17:25
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azam0101
My charts talk to me!
Join Date: 27.09.2012
Posts: 754
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I heard about oanda forex broker. It is really good broker. There are a lot service as like currency exchange etc...
11.05.2013 19:06
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balut
Forex in the blood
Join Date: 04.05.2013
Posts: 342
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Oanda is very strict when it comes to documentation, I was declined two times for the reason that are not familiar with the government issued ID that I submitted. I was forced to apply for another government ID on different agency and luckily it was accepted. When it comes to service I have nothing to say its almost perfect from paypal funding which is great and to the platform smooth execution.
23.04.2013 03:20
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samsulsaja
FX Zombie
Join Date: 23.01.2013
Posts: 2809
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Didn't I'm already said that I'm already give them all document that needed to be verified? Seem they hard to accept Indonesian trader. Seem like Mr Arief Makmur have same problem with me. I do upload the same document that need to verify my instaforex account and it all going well. All additional document already signed and still they didn't respond my application.
23.04.2013 02:48
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MisterTickle
MT5 Maniac
Join Date: 05.12.2011
Posts: 3556
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if you actually did a comparison of commission in pips topped off with averaged spreads, you can see that an ecn will still be cheaper. commission is usually fixed, but even a variable commission is also cheaper.
22.04.2013 11:44
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Arief Makmur
FX Super Hero
Join Date: 28.01.2012
Posts: 1208
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Yes I have the same problem ... Until know My account at Oanda I left and not touch anymore because to many complicated to open at there. Especially when We want to open the charts (FX-Trade-Java Platform) must sent the Call number first I thing its will make a serious problem for the trader who have internet access like in My country.
21.04.2013 13:02
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kumojunkie
Forex in the blood
Join Date: 14.10.2012
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At Oanda thares a documents must be signed by you and sent back through after we scan the document, if you have already done so, your account will immediately be followed up. Saturday-Sunday chart at Oanda is still alive, but there's no point, because the movement is very tight.
21.04.2013 02:23
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samsulsaja
FX Zombie
Join Date: 23.01.2013
Posts: 2809
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I have a problem in making account in Oanda. They reject my application even I'm already give them what I need to prepare for verification. all my document are true and other broker accept it. Until now, I didn't have any experience about Oanda. I'm interest in it because I hear that their platform still open in Saturday and Sunday even with large spread.
25.02.2013 07:53
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neimad
FX Zombie
Join Date: 26.11.2010
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You can even place trades with tight spread during the weekend while the rest of the FX world sleeps on MT4/5 platform with quick communication Their weekend spreads are anything but tight. Even so, in case of extremely major weekend events it's good to know you can close your position at any point, albeit you have to pay top dollar to do it. The option to open and close trades during the weekend should never be used for normal trading ideas. Just place a pending order for that.
24.02.2013 18:31
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akumar
Will work for pips
Join Date: 17.02.2013
Posts: 70
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OANDA is a great name in the fields of Forex trading and long running base of client around the world and it has uncommon pair like yuan and rupee . You can even place trades with tight spread during the weekend while the rest of the FX world sleeps on MT4/5 platform with quick communication ,strong customer service with educational materials and quick or clear withdrawal process .