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Oanda

Average Customer Rating: (based on 30 reviews)

(3.5 stars vs. 3.4 category average)

Your Rating: (write review)

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Recommendations by Profile:

Casual Trader
14 of 16 		88%
Intermediate Trader
4 of 7 		57%
Expert Trader
5 of 7 		71%
All Traders 23 of 30 77%

Recommendations by Usage Length:

A month or less
3 of 5 		60%
1 - 3 months
0 of 1 		0%
3 - 6 months
10 of 11 		91%
6+ months
10 of 13 		77%
All Traders 23 of 30 77%

Characteristics:

Pros:
Low spreads, Easy-to-use platform, Good customer support, Solid trading platform, Good transaction reporting, Web-based platform, Mobile platform
Cons:
Spread widens frequently, Poor customer support, Wide spreads, No custom indicators, Poor charting software, Unstable platform

Description:

FX retail market maker.

Single Review: (view all 30 reviews)

giantck
giantck

Casual Trader

could be a perfect broker

9/15/2009

1 of 1 customers found this helpful (100%)

Pros:
None
Cons:
None
Bottom Line:
Yes, I would recommend this to a friend
Quote:
Oanda is for beginners. Their platform is tailor-made for newbies—very friendly and very easy to understand. I just don’t like it because of the Java bugs. Without these bugs, Oanda could be a perfect broker for every trader.
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