Oanda Review 2020 - Verified Customer Reviews

Fxverify Rating
4.2
User Rating
3.8
(6)
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Our review
4.2
Score breakdown
Pricing: 4/5
Regulation: 4/5
Popularity: 5/5
User Rating: 3.8/5

Oanda | overall rating: 4.2/5

Average rating of all companies: 3.3/5

Oanda | rank among all companies: 75%

Headquartered in Times Square, New York and established in 1995, the OANDA Corporation offers trading services to global clients on a wide range of financial instruments, from CFD contracts to Forex, commodities, bonds, and metals.

With a revenue estimated at nearly $85 million (2019 data), and total funding of $117 million, OANDA and its several Group subsidiaries, OANDA Australia, OANDA Canada, OANDA India, and OANDA Asia Pacific, have captured, over the years, the preference of many traders, becoming a household name and one of the most recognized and respected brands in the Forex world. 

OANDA has been serving clients, in the currency business, since 1996. OANDA claims to be a well-capitalized Forex market maker, and above all, the authoritative source for currency and exchange data, delivered through their exchange rates API and historical Currency Converter, for several global companies; AirBnB, Expedia and FedEx to name a few, tax authorities, accounting firms, and financial institutions. 

In the United States, the OANDA Corporation is a registered Retail Foreign Exchange Dealer with the US Commodity Futures Trading Commission, and also a regulated member of the NFA (National Futures Association) and has partnered with several leading banks, including Bank of America, BNP Paribas, Credit Suisse, Deutsche Bank, to access and provide global Forex liquidity. 

OANDA also provides Forex education, with the use of a complete range of trading tools, suitable for technical analysis, advanced charting and economic news. They also provide trading news with up-to-the-minute market commentary, with a team of in-house market analysts who offer the latest news and analysis on a wide range of financial topics. 

With market analysts located in the world's top financial cities, they cover all market hours with articles, several live podcasts, and video commentary, all complemented by their online publication, Marketpulse, where you can find more in-depth information about the financial markets.

OANDA offers trading of all major Forex pairs, and also minor pairs, through their cutting-edge retail Forex trading platform, also mobile trading available for Android and iOS systems and trading through the classic MT4. 

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3.8
(6 reviews)

Oanda | User Rating: 3.8/5

Average rating of all companies: 3.3/5

Oanda | rank among all companies: 75%