Opinions and information about the OANDA forex broker
In this section we will analyze one of the brokers with the most history and prestige among brokers. The famous Oanda, from reliable forex brokers, we want to emphasize that this seems to us one of the most reliable brokers.
OANDA is a Forex and CFD broker, which opened its doors in 1990. This broker used to be based in New York, but now its “headquarters” are located in Toronto, Canada. It is undoubtedly one of the pioneering brokers, since it was one of the first to start the business of forex brokers, for example, they launched their online platform in 2001. The company was founded by Michael Stumm, a professor. (computational engineering) from the University of Toronto, and Richard Olsen, an avid entrepreneur, from The Olsen Ltd.
The company has received numerous awards, as it has been in business for many years, it is one of the first to start in this business. It is also regulated by various entities and regulatory bodies, such as FCA, ASIC, MiFID, CFTC, NFA and CySEC.
If we analyze the broker's website in search of the types of account that the broker offers, we come across a slightly unusual case, since it only has 1 type of account (in addition to the Demo account type), this is the Standard Account, We say unusual since in general brokers offer two or three different types of account. Some characteristics of it are that it does not have a minimum deposit, the maximum leverage is 50: 1, which compared to other brokers in general, is very low. There is also the possibility of opening a Demo Account, which can be used for an unlimited time.
If we now review the web in search of functionalities and trader aids that OANDA offers on its website, we must say that it has many useful tools, although not all are available in Spanish. Some of the tools that OANDA offers are the currency converter, live charts with exchange rates, and OANDA has a fairly extensive educational platform, with both free and client versions. Regarding customer service, OANDA affirms that it has support in Spanish from Monday to Friday, 24 hours a day.
The platforms that the broker offers are, the Oanda MetaTrader, and the FXTrade.
OANDA broker features
Additional information about the company
Phone number: +34 91 787 61 61
E-mail: [email protected]
Clarification: Note that OANDA works in different countries, so the information provided may not apply to your country.
With the information we have so far, the comments and reviews of users and traders, our opinion is that OANDA is a broker that can be trusted. As we mentioned at the beginning of the section, it is one of the brokers with the most history and trajectory in this market.
Do you know this broker? Have you operated with him? Leave a comment with your experience.
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