CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.
As A Trusted Global Brand, Oanda Provides Forex And Cfd Traders A Limited Offering Of Fx Pairs And Cfds But Stands Out For Its Reputation And Quality Market Research.
Recently, During The Last Years Broker Truly Grown To A Global Corporation With Offices In 8 Financial Centers, That Serves Clients From About 200 Countries. There Is Range Of Trading Tools, Proprietary Software And Industry Leading Tools Provided With The Low Costs And Spreads.
Is Oanda A Good Broker?
As A Financial Corporation With Exchange And Currencies Background, Oanda Performs Additional Apart From The Trading Solutions, That Diverse The Broker’s Businesses And Includes Oanda Money Transfer And Oanda’s Forex Solutions For Business. Oanda Reliability And Trust Are Confirmed Also By The Leading Global Brands Who Choose Oanda As Their Partner
|📉Instruments||Forex, Cfd, Bond, Metals, Indicies|
|📊Trading platforms||Metatrader 4|
Is Oanda Safe?
Oanda Corporation Is Actually Heavily Regulated And Authorized By Various Government Agencies Due To Its Global Presence And Coverage Of Various Jurisdictions. Oanda Hold Licenses From World Recognized Top-tier Authorities And Established According To The United States Cftc And Nfa Regulation With Additional Regulation From Fca, Asic, Iiroc, Mas In Singapore, Ffaj Japan. Which Makes Oanda Low Risk Forex And Cfd Broker.
|Publicly Traded (Listed)||❌|
The Maximum Leverage Allowed Is Determined By The Regulators In Each Geographic Region. You May Always Choose To Be Conservative And Limit Leverage Utilized To Lower Levels Than Allowed By The Regulators, For Example
- Us Regulator Requires 50:1 Leverage On Forex Instruments,
- The Recent European Esma Regulation Demand Maximum Of 30:1,
- Australian Clients May Still Apply To A Leverage 400:1.
Oanda Account Types
The Account Management Is Well-organized As We Found Via Our Oanda Review, Where All Transaction And Activity Is Seen Through Online Account Area, While There Is A Good Range Of Base Account Currencies Allowing You To Safe Conversion Fees.
At Oanda There Is No Difference Between Clients, That’s Why The Broker Do Not Differ The Types Of Account And Features Only One Standard Type Of Trading Account.
Oanda Offering Of Investments:
|Commodities and Metals||✔️|
|Maximum Retail Leverage||✔️|
|Maximum Pro Leverage||❌|
|Social Trading / Copy-Trading||✔️|
Oanda Commissions And Fees
Oanda Trading Proposals Lead To Trade Over 100 Instruments Including Currency Pairs, Commodities, Indices, Bonds And Metals With No Minimum Deposit Requirement Or Trade Size, No Added Commissions, With The Costs Based Only Into The Spread, Which Is By Fact Quite Competitive. For Full Fee Structure See The Comparison Table Below And Considere Funding Fees And Other Fees That May Arise.
|Minimum Deposit||No Minimum Deposit|
|Average Spread EUR/USD - Standard||1.2 pips|
|Negative Balance Protection||✔️|
Oanda Platforms And Tools
Oanda Technology And Software Offering Aiming To Build Itself Around The Right Approach To Protect The Client And His Trades, Therefore Adheres To Tighter Spreads And Custom Platforms Across Premium Offering And Automation Of Trading Strategies.
- Web Trading Platform
Oanda Using A Proprietary Platform Oanda Trade, Which Can Be Classified As ‘easy To Use Trading Functionality’ And Has Won Many Awards Along With Numerous Highest Traders’ Regards.
Oanda’s Platform Supporting Web Trading, Desktop Trading And Mobile Trading Apps, While Web Trading Allowing Easy Access Via Any Browser.
- Desktop Trading Platform
Oanda Offers A Desktop Trading Platform With Almost The Same Functionalities As The Web Trading Platform. Traders Can Place, Monitor, And Close Traders Directly From The Platform’s Advanced Charts. The Desktop Trading Platform Allows Users To Build Their Trading Hub Based On Their Personal Strategies And Needs.
- Mobile Trading Platform
Oanda Trade Mobile is also awarded application which is easy to use and features good search functions, there are various languages supported by the specifications and of course available on iOS and Android.
Oanda Metatrader 4 Download
If Oanda’s Desktop Platform Doesn’t Appeal, You Have The Option Of The Metatrader 4 (Mt4) Download. This Review Found The Industry Standard Includes Advanced Charting, Watch Lists, Plus Trade Automation Via An ‘expert Advisor’ (Ea) Plugin.
You Are Also Able To Save Layouts And Chart Profiles. In Addition, You Can Draw Up Swap Rates, As Well As Live And Monthly Exchange Rates Charts From Within The Platform.
On The Negatives, Creating Or Amending Eas Can Be Challenging. This Is Especially True For New Traders Who May Be Unfamiliar With The Unique Programming Language. Whilst The Audible Alerts Can Be Annoying, There Are Customisability Options, Not To Mention A Mute Button, So We Can Let That Drawback Slide.
There Also Include Several Other Fantastic Trading Tools Available At Oanda:
Motivewave – This Professional Charting And Technical Analysis Platform Offers More Than 250 Built-in Studies/indicators And 30 Built-in Trading Strategies. This High-performance And Easy-to-use Software Is A Powerful Weapon To Have In Your Trading Arsenal.
Oanda Market Reports – Powered By Autochartist, This Tool Provides A Brief Summary Of The Markets. An Email Is Actually Sent To Traders Before They Start Analysis For The Day Ahead. Market Reports Provide A Technical Outlook Of The Forex Markets For The Next 48 Hours.
Drawing Up A Forex Order Book, Indicators And Potential Strategy Are Also Quick And Easy. For Those Wanting To Hedge, It Is Not Prohibited. You Can View Both Long And Short Positions For The Same Product On The Mt4 Platform.
Oanda Metatrader 5 Download
Oanda Has Recently Added Metatrader 5 (Mt5) To Its Roster Of World-class Trading Platforms. Mt5 Is The Next Iteration Of Mt4, Bringing With It A Wide Range Of Upgrades. These Include:
♦ Netting Support
♦ 12 More Timeframes
♦ 13 More Graphical Objects
♦ 8 More Built-in Indicators
♦ Partial Order Filling Policies
♦ 2 More Pending Order Types
♦ Embedded Community Chat
♦ An Extra Order Execution Type
♦ Integrated Economic Calendar
♦ Multi-threaded Strategy Testing
♦ More Balance Transaction Types
♦ Depth Of Market Improvements
♦ Automated Log File Compression
♦ Html Chart Formats For Reports
♦ Mql5, A Positional Programming Language