Oanda Company was established in 1995.
Oanda uses innovative technologies for providing trading services at Forex market for individual traders and large corporations, from portfolio managers to big financial institutions.
Oanda Company is a member of Forex international market and a reliable resource of currency rates. The Company has an access to the largest in the world quotation database with the most frequently and filtered renewal of information.
The demo account Oanda has a lot of informative tools. Oanda team training the users about the markets and help they to gain consistent profits on their capital. The entire agent representative are very accommodating, they give you a lot references/ linked as your guiding tool how to start in trading. Really friendly staff and they solve the users issue really fast.
Although they offer MetaTrader as trading platform, their own fxTrade platform is awesome. It takes time to familiarize with it but when you get hang of it, it’s simple and easy to use with detachable charts and trading directly from the chart is also possible.
With Oanda, you can trade almost any lot that you want. They also have automatic lot calculation setting where you can send order with optimized lot size precalculated for your convenience such as trading size at 5% of your account balance.
No issue with withdrawal. Oanda offer 1:50 leverage not like other broker that offer larger leverage.
On-line since: 1997
Country of origin: USA
Regulation: Registerd with Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA ID #0325821).
Payment options: Check, Credit/debit cards , PayPal, Wire transfer
Minimum account size: $1
Minimum lot size: 0.00001 lot
Spreads: 1,2 pips on EUR/USD