There demo is all up there. Costumer service very good. There station seems to go nuts around anouncements.Could be improved if they do not want people to walk a way from there station . It needes to be 100% for someone to put there investment money in it. Or it should be.
Using them now. I like the low leverage, as low as 10, especially good for small accounts, better able to not blow it out. Higher spreads during news, but i don’t trade then-less than a pip on eur during normal times. Usually quick responses to emails.
I’m with Oanda for almost a year now. So far so good. I like their platform, although at times it will become unstable. recently this happens very seldom. I also like the ways they calculate and charge/pay interest. Also, fantastic position sizes (starting with trading as little as 1 dollar) and very good spreads. Off-course, during news that’s another story.
Tried other brokers over the years.With Oanda now after searching forums for countless hours.So far so good.As many people say they are no good for news trades So what.You can trade with as little as you want.The trading plat form is somewhat limited compared to others but is workable once you get used to it.If you are new to forex use Oanda for learning to trade with real money instead of paper trading. You can trade with as little as you want.Even less than 1cent a pip. This takes the fear out of your trading. When you can consistently increase a small account add more funds.
This is my favorite broker and the only one of choice. I really do not care for the charting it is plain. You do not get color coded candles or weekly or monthly charts, no. However the spreads are low on the more popularly traded pairs. The thing I like the best is that you may place a trade of ANY amount. Your not locked into full size lots (100K) or even mini lots (10-20K), but you can place a trade of $1 if you wanted to (can’t imagine that, but it can be done). The company seems to be reliable and solid to me. The only thing that was a bit of a bother is this: If you used a check to put your funds in (for some crazy reason) this is the only way you can get funds out. Likewise if you wired funds into your account, this is the only way they let you do transfers (by wire). It does kind of lock you in. That is my only gripe, well, and the charting. Other than that I would not trade with any other broker. I was very happy with this company. I also like the position management features that are available and the ease of which you can set targets and stop losses and they are seen right on your charts. Very nice and easy.
Yes, the leverage is low, but in my opinion very wise. We all know leverage is a double edge sword and I would NEVER use 100, 200 or (unbelievable) 400 to 1 margin. That kind of margin can kill a person if the trade goes against you by just a small amount. Safety in this lower leverage.
I have had an account with Oanda for over a year. They are continually improving the platform. If you take the time to study and learn how to use the platform it is fantastic. Completely customizable, can determine own trade size or % of account and execution very fast.I hope they will be the first to keep their spreads normal at all times. I am sure that 100 000 extra clients are better than a couple of pips at news time. I highly recommend Oanda.
I like these people a lot. Have no issues with anything they do, except the charts – really basic, don’t remember your settings, too small. Yes, they stop-hunt and widen spreads at times, but that’s ‘normal’.
I have had a good experience with Oanda. By the way, Oanda has a feature that allows you to add color coding to candles, by right clicking when cursor is over the candles, also can change color of technical graphs. They have tight pip spreads on commonly traded pairs. Fast, automated execution. Trade whatever amount you want. Very good live support. Give you interest on your account balance, also add and subtract interest on trades on a minute to minute basis that you can see. So far, after one year with them, they seem honest and straightforward.
The market itself hunts stops, maybe why such movement can be considered “normal”; I think this is a common strategy for large funds and investment banks — although many times these price movements get blamed on brokers. Whenever I have checked Oanda against tradingcharts.com’s live price quotes for pairs, Oanda shows the same or very close price. I very rarely see unusual spikes in price.
Oanda can actually “remember” your settings: Tools -> Save current profile – and your charts are like you want them to be. I would like to add, even though the Oanda charts are basic, they do have among the best EMA lines. I’m using EMA 6 (green), EMA 12 (yellow) and EMA 48 (red). The Fib is also good and I like how easy it is to duplicate, move and remove lines on the carts.
Been using Oanda for 7 months, prior with ACM. Cannot beat Oanda’s spread on EUR/USD, but their charting is too simple, still using ACM’s charting which is far superior. Too few options for order strategies; market and limit orders only. If not for Oanda’s spread I would still be with ACM.
Never used Oanda personally, I am a Tech freak and the comments i have read above were the reason why I chose another. I am with ACM, fantastic technical graphs, I can set them up and adjust them as I require, as for the news time trading, my platform has never let me down, I am able to place and close positions/orders during this period. I am aware that many traders using Metatrader platforms do not experience this luxury.
I have had an account at Oanda for about 2 years now. I am very happy with the way they have treated me. My main reason for selecting Oanda is they pay interest on accout balances. I wish they would offer an MT4 platform.
There demo is all up there.
Costumer service very good.
There station seems to go nuts around anouncements.Could be improved if they do not want people to walk a way from there station .
It needes to be 100% for someone to put there investment money in it. Or it should be.
Using them now. I like the low leverage, as low as 10, especially good for small accounts, better able to not blow it out. Higher spreads during news, but i don’t trade then-less than a pip on eur during normal times. Usually quick responses to emails.
I’m with Oanda for almost a year now. So far so good. I like their platform, although at times it will become unstable. recently this happens very seldom. I also like the ways they calculate and charge/pay interest.
Also, fantastic position sizes (starting with trading as little as 1 dollar) and very good spreads.
Off-course, during news that’s another story.
I’m very satisfied with them
Like their spreads. Wish their charts extended beyond daily charts (max).
Would also like alerts.
Tried other brokers over the years.With Oanda now after searching forums for countless hours.So far so good.As many people say they are no good for news trades So what.You can trade with as little as you want.The trading plat form is somewhat limited compared to others but is workable once you get used to it.If you are new to forex use Oanda for learning to trade with real money instead of paper trading. You can trade with as little as you want.Even less than 1cent a pip. This takes the fear out of your trading. When you can consistently increase a small account add more funds.
This is my favorite broker and the only one of choice. I really do not care for the charting it is plain. You do not get color coded candles or weekly or monthly charts, no. However the spreads are low on the more popularly traded pairs. The thing I like the best is that you may place a trade of ANY amount. Your not locked into full size lots (100K) or even mini lots (10-20K), but you can place a trade of $1 if you wanted to (can’t imagine that, but it can be done). The company seems to be reliable and solid to me. The only thing that was a bit of a bother is this: If you used a check to put your funds in (for some crazy reason) this is the only way you can get funds out. Likewise if you wired funds into your account, this is the only way they let you do transfers (by wire). It does kind of lock you in. That is my only gripe, well, and the charting. Other than that I would not trade with any other broker. I was very happy with this company. I also like the position management features that are available and the ease of which you can set targets and stop losses and they are seen right on your charts. Very nice and easy.
Yes, the leverage is low, but in my opinion very wise. We all know leverage is a double edge sword and I would NEVER use 100, 200 or (unbelievable) 400 to 1 margin. That kind of margin can kill a person if the trade goes against you by just a small amount. Safety in this lower leverage.
I have had an account with Oanda for over a year. They are continually improving the platform. If you take the time to study and learn how to use the platform it is fantastic. Completely customizable, can determine own trade size or % of account and execution very fast.I hope they will be the first to keep their spreads normal at all times. I am sure that 100 000 extra clients are better than a couple of pips at news time. I highly recommend Oanda.
I like these people a lot. Have no issues with anything they do, except the charts – really basic, don’t remember your settings, too small. Yes, they stop-hunt and widen spreads at times, but that’s ‘normal’.
Have used and they work fine. I prefer MT4 brookers.
I have had a good experience with Oanda. By the way, Oanda has a feature that allows you to add color coding to candles, by right clicking when cursor is over the candles, also can change color of technical graphs. They have tight pip spreads on commonly traded pairs. Fast, automated execution. Trade whatever amount you want. Very good live support. Give you interest on your account balance, also add and subtract interest on trades on a minute to minute basis that you can see. So far, after one year with them, they seem honest and straightforward.
The market itself hunts stops, maybe why such movement can be considered “normal”; I think this is a common strategy for large funds and investment banks — although many times these price movements get blamed on brokers. Whenever I have checked Oanda against tradingcharts.com’s live price quotes for pairs, Oanda shows the same or very close price. I very rarely see unusual spikes in price.
Oanda can actually “remember” your settings: Tools -> Save current profile –
and your charts are like you want them to be. I would like to add, even though the Oanda charts are basic, they do have among the best EMA lines. I’m using EMA 6 (green), EMA 12 (yellow) and EMA 48 (red). The Fib is also good and I like how easy it is to duplicate, move and remove lines on the carts.
Hans
Oanda is the only retail forex broker .
Been using Oanda for 7 months, prior with ACM. Cannot beat Oanda’s spread on EUR/USD, but their charting is too simple, still using ACM’s charting which is far superior. Too few options for order strategies; market and limit orders only. If not for Oanda’s spread I would still be with ACM.
Never used Oanda personally, I am a Tech freak and the comments i have read above were the reason why I chose another. I am with ACM, fantastic technical graphs, I can set them up and adjust them as I require, as for the news time trading, my platform has never let me down, I am able to place and close positions/orders during this period. I am aware that many traders using Metatrader platforms do not experience this luxury.
I have had an account at Oanda for about 2 years now. I am very happy with the way they have treated me. My main reason for selecting Oanda is they pay interest on accout balances. I wish they would offer an MT4 platform.