Oanda
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
OANDA CORPORATION IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS
Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. OANDA Corporation is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company exchange. Any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of OANDA Corporation. Digital assets held with Paxos are not protected by SIPC. Paxos is not an NFA member and is not subject to the NFA’s regulatory oversight and examinations.
Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.
Oanda
Overall
I like Oanda too. I've been with them since 2000. But now they incorporated dynamics spreads. This make it really difficult for manual traders. EAs are better to use because you can set a filter to ignore ticks when the spread is too wide.
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Oanda is always on top
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Dukascopy is in my opinion the best broker but I keep Oanda as a good and honest broker (I've got an account with them), for non US citizen some people would avoid cause of the leverage they offer but for me it is a broker I don't fear to run bigger accounts. If you google a bit you will see they have a good average of customer making profit out of forex. They are not that kinds of broker who make all those bonus and rebates, the more bonus and rebates the less I trust because nothing is completly free in this world.
About MBTrading I never had an account with them but till now only listen good things from this broker.
It's not my first choice but for Australian broker I would say Pepperstone is not bad at the moment and you can ask them for a non-expiring demo.
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MBTrading is as good as dukascopy, i think they are from australia ;)
tight spreads, MT4 Platform and non-expiring.
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I'm looking for non-expiring demo account and fast executions and of course good spreads - with oanda demo I was waiting from 30-60 seconds for orders to be cancelled. I live in Australia so would prefer ozzie broker but there does not seem to be many here. I am currently with GoMarkets in AU and they started out really good but lately their demo a/c server is very slow with several little freezes. I don't know what their live account is like but I want to try a few more to compare.
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i also withdrawed my money from my oanda account.
shitty spreads - compared to my "new" broker dukascopy and the cfd´s are bad too, first cool tight spreads, i immediately deposit money, and then they change them every day.
this is spreadshitting.
so i stay at my new broker for forex and rbs for cfds.
oanda has no edge compared to other brokers.
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Indeed! .... this has to be the most ridiculous tampering of the platform I've seen so far. I don't know why the hell they even bothered to *support* MT4 given the restrictions and BRAG about it on their site but fail to mention these *modifications*. I discovered that you cannot even use the "Print" command from with your code ... the output just does not show anywhere!! Debugging in MT4 sux puss enough as is let alone removing one of the main means of debugging available!! WTF were they thinking?
I'm off ta find a *proper* broker.
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Oanda for Positiontrades maybe for Swingtrades too, but not for Daytrades - Goodbye Oanda... There are better Broker out there nowadays..
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Terrible MT4 platform. Oanda does not let you use the comment field OR the magic number fie4ld for your EA's. Bye bye Oanda, you suck.
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Only forex broker I know pays interest on balance. Also very competitive spreads.
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I have been using Oanda for close to 7 months now and they are reliable broker and you can trust them with your money. Withdrawal is fast and easy....
Occasionally they have server breakdown but overall quite satisfied with their services.
Their Live Help support is also responsive and good.
Cheers!
Overall
I have a real account with them for 2 months now and they rock.
I am using MT4 with EAs and never had an issue as far as execution, orders and customer support concerns.
Also their live chat rocks.
They even respond during weekends!!!
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Che dire ....ottimo broker , a mio parere il migliore in assoluto , velocità di esecuzione rapidissima , nessun limite di apertura posizione , e mercato sempre aperto.
Da quando opero con Oanda anche la mia operatività e migliorata notevolmente
What can I say .... Excellent broker, my opinion the best ever, very fast execution speed, No Limit open position, and always open market. Since I work with Oanda Also my operation and significantly improved
Overall
Good spreads. Few disconnects.
Sometimes their bank will charge 26 USD to receive an international wire transfer when Oanda says they won't charge. I assure you that their bank will charge you, at least, sometimes. It's not nice to charge a customer for receiving investment funds.
Avoid using "bounds" in their STOP system because it is unreliable. Use "limit" orders as STOP or use the GUI STOP on the chart.
Last NFP their system failed for 15 minutes.
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some brokers dont allow stop loss less than 20 pips!!
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-Good spread
-frequent disconnect, specialy when NFP
-NO apologise from oanda
-Trailling stop minimum 10 pips
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Been using them for a few months now. Their platform sucks for technical analysis but is easy to use for entering and exiting trades which is all I use it for. I use a Metatrader demo account with another broker for technical analysis so it's all good.
I have a lot a problems with their platform locking up requiring me to restart it all the time. I think it has to do with the fact I have Windows 7 64bit. As major a problem as that is it is not nearly as important as spreads, ease of use, customer service etc. and they come up all aces there.
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it would be really great mt4 with these guys, anyway the BEST BROCKER EVER!!
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Oanda is where I have a LIVE account (micro) and it has been up for a year now. as far as my experience with them - I have no problem at all. There were times I have concerns raised in their support and they are sincere and determined to let me understand the situation. I appreciate their sincerity. I am confident when I would open a larger amount, They can be trusted.
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Excellent Broker. I had a program written in C++ specifically for Oanda and Interactive Brokers. API plug in works seamlessly, excellent spreads, good customer service, and I like the platform. Just wish they had MT4 so EAs could run on it. Their API fee is high ($600 a month) but the cost is offset with lots traded. Still, the API fee makes them less competitive with other brokers that use Meta4. Their platform would go down from time to time, but the API stayed connected. Good people.
