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Oanda

Average Customer Rating: (based on 38 reviews)

(3.5 stars vs. 3.3 category average)

Your Rating: (write review)

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Recommendations by Profile:

Casual Trader
14 of 16
88%
Intermediate Trader
5 of 9
56%
Expert Trader
8 of 13
62%
All Traders 27 of 38 71%

Recommendations by Usage Length:

A month or less
3 of 6
50%
1 - 3 months
0 of 1
0%
3 - 6 months
12 of 15
80%
6+ months
12 of 16
75%
All Traders 27 of 38 71%

Characteristics:

Pros:
Low spreads, Easy-to-use platform, Good customer support, Solid trading platform, Good transaction reporting, Web-based platform, Mobile platform
Cons:
Hard to-use platform, 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 38 reviews)

FXtrading
FXtrading

Intermediate Trader

Not for News trading

5/5/2012

2 of 2 customers found this helpful (100%)

Pros:
Low spreads
Cons:
Spread widens frequently
Bottom Line:
No, I would not recommend this to a friend
Quote:
The main issue that distracts me from this broker is that spread really widens during news announcements. Otherwise, good broker.
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