Asked by: Gutier Vanichev
asked in category: General Last Updated: 22nd February, 2020

How good is Oanda?

Oanda pros and cons
It offers a great and easy-to-use web trading platform, and a quick and user-friendly account opening process with no minimum deposit. Its research tools are powerful, with numerous technical indicators and a great API offer.

Click to see full answer.


Thereof, which is better forex com or Oanda?

After testing 30 of the best forex brokers over five months, FOREX.com is better than OANDA. With competitive pricing, full-feature trading platforms, comprehensive market research, and a robust mobile app, FOREX.com caters to traders of all experience levels.

Also Know, does Oanda trade against clients? Oanda is a solid company to go with. You can literally trade with a penny. Now as far as your other concerns. Every broker trades against you.

Regarding this, what is Oanda minimum deposit?

There is no minimum deposit required by Oanda. This means that it's an ideal broker if you want to trade or invest with a smaller amount. It is a good broker to start your investment journey with, as you can add more funds to your account later as you get more experienced in managing your investments.

Does Oanda allow scalping?

OANDA: Scalping has many definitions. If you're referring to no limits on how much profit you can take on a trade, or how long a trade can be opened, OANDA does not put restrictions on this.

36 Related Question Answers Found

What is the best forex broker?

Is Forex com'a dealing desk?


How do you trade forex on Instagram?

How do I change leverage in Forex?

Is Oanda free?


How long do Oanda withdrawals take?

Does Oanda report to IRS?

What can you trade on Oanda?


Can I use Oanda in us?

What leverage does Oanda offer?

What does Oanda stand for?


Where is Oanda based?

Is Oanda US regulated?