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Home » » FOREX BROKER REVIEW- OANDA

FOREX BROKER REVIEW- OANDA

FOREX-BROKER-REVIEW-OANDA
FOREX BROKER REVIEW- OANDA
Oanda broker started as an online currency exchange provider information in 1996 and began to offer the services of forex trading in 2001. In case you're wondering, "Oanda" is not an acronym. This is not an abbreviated term for a bank or name of anyone. The founders thought it was just smart for several reasons. Broker that it is appropriate to all traders because it does not require a minimum deposit. You can also open an account with a small amount and dabble on the market until you get the experience you need to increase the volume of your trade. In Oanda, you can trade more than 60 currency pairs and use leverages of 20: 1 or 50: 1 broker that it does not enforce a minimum size of trading lots. 


Oanda is one of the few forex brokers in convenient accept payment by check, credit card, debit card or wire transfer. Oanda keeps customer funds at Deutsche Bank, JPMorgan Chase and the Royal Bank of Canada, among others, and maintains separate accounts from the operating account. Its auditor KPMG has in the past. We can not verify that the current auditor. Headquarter in Toronto, Canada, regulates the Investment Industry Organization of controlling Canada's foreign exchange broker. 

FOREX-BROKER-REVIEW-OANDAIn the United States, Oanda is included in the state of Delaware. Oanda is a registered Foreign Exchange Dealer with the US Commodity Futures Trading Commission and is a Forex Dealer Member by the National Futures Association, the Finance Authority of Singapore regulates the Asian subsidiaries. Oanda also holds a Type 1 Financial Instruments license from the Japanese Financial Services Agency and is a member of the Financial Futures Association of Japan. In the past, Oanda is regulated by the Dubai Financial Services Authority, but we see that this license now listed, nor does it seem that Oanda currently offer swap-free accounts. 

FOREX-BROKER-REVIEW-OANDAIn the past, offered personal Oanda trading platform. It offers access to Metatrade now 4 as the most brokers. Products trading forex is called Oanda fxTrade, which offers a practice account. Options trading platforms include access to the web, mobile phone app, forex API and Google Chrome extension. The web version does not require a download, so it will work from any computer. The mobile phone app to include apps for Blackberry, iPhone, iPad and Android.