Communication is excellent and the account executives are more than happy to help with any information that you need. Unreliable, as long as you’re losing money with them, they are OK with you. Age old tactic of change in kyc resulting in closing of acct. This is despite there being no legal changes to your qualifiers. We are delighted to know about your positive experience with us.

Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Since 1996 Oanda has been serving customers in the currency business. With over 20 years of supplying trading accounts and services to thousands of traders and client’s around the world, Oanda is a renowned name for trading and custom economic tools, with a great market share. OANDA – Leader in currency data, offering forex & CFD trading, corporate fx payments and exchange rates services for a wide range of organizations and investors. OANDA Practice – Leader in currency data, offering forex & CFD trading, corporate fx payments and exchange rates services for a wide range of organizations and investors. OANDA is one of the biggest forex traders in the world with multiple trading platforms, including MetaTrader4 , which you can use to trade 70+ major and exotic currency pairs five days a week.

Ratings for OANDA

Oanda provided me with among the best platform in the market and did its best to keep me informed about the market, as well as, invited me to some free webinars. Glassdoor has 162 OANDA reviews submitted anonymously by OANDA employees. Read employee reviews and ratings on Glassdoor to decide if OANDA is right for you. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.

Find the right advisor, make a complaint, or learn investment basics. A pan-Canadian, self-regulatory organization committed to protecting investors, market integrity and Canadians’ trust. What your skills are worth in the job market is constantly changing. Since Oanda is also a member of the so-called Financial Services Compensation Scheme, there’s another advantage for the customer, namely that funds of up to 50,000 euros British pounds are protected.

  • Executives and senior leadership pushes very hard to get things delivered, they don’t care about employees mental health and physical health.
  • I don’t recommend using this platform, I’ve been dealing with different platform but this, it is another story.
  • It has all the important functions so that trading can be trained on a realistic basis.
  • Martin Jekic has been dealing with the stock exchange and active investments for over 10 years.
  • In the area of the demo account, Oanda is convincing, as one is not only offered free of charge, but is available indefinitely.

They also provide up-to-the-minute trading news, with market commentaries, and with a team of market analysts who offer the latest news and analysis on a wide variety of financial topics. Forex education – Oanda gets extra popularity points for their extensive range of Forex education materials available on the website. Traders can visit the “Learn” tab, where they can find how to get started with Oanda, use their proprietary tools, learn a few trading strategies and how to manage funds in the capital management section. Very originally, Oanda has also created their own financial news website, the Market Pulse, packed with videos, daily market news, daily market fundamental and technical analysis and a lot more.

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I find the currency conventer to be most reliable you can quickly access online .The design is pleasant to look at . With that being said , I can’t really see myself paying what they’re charging for their full package . I started with OANDA from a recommendation of three such charting software at a workshop I attended. From day one I could easily move around, research and find the information I needed.

We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services.

Find out more about salaries and benefits at OANDA. This rating has improved by 10% over the last 12 months. We’re sorry your experience with us didn’t match your expectations. As a regulated business, we need to be thorough in all transactions. The app is clean, user friendly and allows you to trade smaller amounts compared to some of tbe other known platforms. This is especially good for those who are still testing the water.

Whatever they think that can make money, they’ll do it without any cost/benefit analysis, and it has to be delivered ASAP. Executives and senior leadership pushes very hard to get things delivered, they don’t care about employees mental health and physical health. Don’t expect you will get any support, instead they will push you harder and harder. They may pay you 10-20% more, but workload would be 50% more. Many people I know they work at least 10 hours a day. Executives and most senior leadership don’t care about employees career development.

oanda review

Oanda has two types of trading accounts available; Standard and Premium. When opening an account, traders can choose between two pricing models; Spread Only and Core Pricing (lower spread + commissions). Oanda does not offer swap-free accounts for traders of Islamic belief. Fxverify is the first of it’s kind and only publishes user reviews by verified customers with a real Oanda trading account.

Alternatives to OANDA

But it doesn’t allow for much freedom in creating your own trading strategies. OANDA is one of the leading platforms in forex trading that comes with many features that could appeal to many types of traders. Its analytical tools and instant approvals could suit experienced traders, while having no minimum deposit amount and the ability to trade in virtual currency could appeal to newcomers.

Bittrex v3 – Bittrex is a US based crypto-currency exchange designed with security and scalability in mind. QuantConnect offers Equity, Forex, Futures, Options, Crypto, and CFD data for you to backtest. We also offer Morning Star data for doing fundamental analysis.

oanda review

Bitget – Bitget is a full-featured spot and futures trading platform for major digital assets and cryptocurrencies, allowing users to securely trade with up to 100x leverage. The corresponding app is offered for both Android and iOS operating systems. Additionally , various analysis tools may be used in mobile trading and real-time rates and premium financial news are available. Available with Windows, Mac and Linux operating systems as a practice or live trading account, fxTrade lets you create sub accounts and trade 70+ different currency pairs and silver and gold crosses. Oanda Europe Limited is a member of the Financial Services Compensation Scheme , an independent compensation fund of last resort for customers of authorised UK financial services firms. If Oanda Europe Limited is unable to pay claims against it in the event the firm has stopped trading or has declared to be in default, clients might be entitled to compensation (up to the value of £85,000) per claim.

Fully web based money transfer software for the companies who send money world wide. On Fishbowl, you can share insights and advice anonymously with OANDA employees and get real answers from people on the inside. We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Digitex Futures Testnet – A Zero-Fee Online Futures Trading Platform for trading BTC, ETH and other crypto pairs using the native DGTX Token with non-custodial account balances. Bitmex Testnet – Test trading Bitcoin and other cryptocurrencies with up to 100x leverage. Binance Delivery Testnet, Binance Futures Testnet – The biggest bitcoin and altcoin exchange in the world by volume. Get everything that Autoview has to offer for one monthly fee, or use it for free on select exchanges. How we protect investors and ensure the integrity of markets in Canada.

Put your money where your mouth is by rethinking how you invest to support BIPOC, LGBTQ+ and other marginalized communities. Invest in companies that work to address environmental and social issues, and adhere to sustainable corporate governance requirements. Trade on OANDA fxTrader or MT4 with instant execution and no requotes whenever the markets are open.

OANDA Reviews FAQs

Deposit fees – Oanda trading accounts can be opened in 9 different currencies and maintained via 3 different funding methods; cards, bank wires and PayPal . Deposited funds are available, usually, within 10 minutes. Oanda does not charge any fees for deposits made by credit card, debit card and bank transfers (i.e. BACS, CHAPS, or Internet Banking / Faster Payments). It’s been always my first choice to get info about currency exchange rates, live or historical, very easy to use, very clear & precise, and it’s good for businesses that use multiple currencies. OANDA is a market maker and a trusted source for currency data.

I cannot recommend OANDA highly enough

For the most popular pair the EUR/USD, 1 traded lot is 5 USD (2.5 USD per side). This commission is slightly lower compared with all the other top FX brokers. Trading can be done via the classic Metatrader 4 and Oanda’s own proprietary platform, Oanda Trade, available on web, desktop and mobile versions. Oanda offers a limited selection of around 115 assets to trade, including Forex, indices, bonds and commodities. You have access to a wealth of data on currency rates from all over the world. This provides a consistent way to track rates firm wide.

Very good customer service from Brett and Matt – I asked about withdrawals and Brett explained that you have to withdraw whatever you’ve deposited into your account first before withdrawing oanda review your profits. Also provided me with the FAQ page and useful links on OANDAs website to help with technical analysis. I’ve been trading for about a year, was with a couple of other brokers.