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☑️NEW OANDA.com Reviews: SCAM or LEGIT?

Yugocean

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Established in 1996, this broker network is based in US, it has been regulated by CFTC, IIROC, FCA, ASIC, MAS, IFFA. The Maximum Leverage in this brooking is 1:48.

Minimum deposit is not fixed. This platform charges in Spreads. This is Market Maker type of broker; there are MetaTrader 4, Web and Proprietary type of platforms.

There are 2 (two) Accounts in this network, along with Demo Account, Segregated Account, but no Institutional Accounts, Islamic Account, Managed Accounts.

Several instruments are traded there like CFDs, Commodities, Metals, Indices; however, Stocks, ETFs, Binary Options are not traded.

This network has features like Trading Signals, Charting Package, Market Analysis, Chart Trading, Automated Trading, Scalping, Hedging, Mobile & E-mail Alerts, Trailing Stops, Web & Mobile based Trading, OCO Orders. Some important features like Guaranteed Stop Loss/ Limit Orders / Execution, One-click Execution, Interest on Margin, are not available in this network.

Deposit / Withdrawals methods available are: Credit or debit cards, Bank / electronic wire; or PayPal E-processor.
 
Oanda: is a USA based, financial market institutions you can trust having their regulations with NFA and CFTC respectively.

They provide a range of market to trade like shares, stocks, tulip bulbs, forex and crypto currency

Educational: Education is free and timely at Oanda. Get direct information in to your mobile phone with Oanda.

Commission: No commission on withdrawal for Australian citizens and very low fee incur on international traders.

Spread: little spread to manage your trades for long period of time.

Account opening: No minimum amount to make a deposit.

Withdrawal: Trust Oanda do deliver you a save and ultra fast withdrawal down to your local bank account

Is the Oanda a scam or legit?
 
Keep that in mind. Investment risk is your responsibility.

Oanda is a trading investment programs that promise high profits returns to investors.

Minimum Investment​
1$​
Investment Plans​
leverage x200​
Deposit / Withdrawal Methods​
Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, ACH Payments (echeck), BPAY, CHAPS, Check, DBS Bill Payment, Local Bank Deposits, Local Bank Transfers, Neteller, Payment Asia, PayNow, PayPal, SEPA Credit Transfer (SCT), Skrill​

*Note - Alert - Important*
(I'M NOT THE ( OWNER / ADMIN ) OF ANY WEBSITE, INVEST AT YOUR OWN RISK)
This a very high risk investment so Invest what you can afford.
 
oanda broker WAS an ecn broker / non dealer desk broker / non market maker broker about 3 yrs ago. when i opened a live account with oanda. i also opened a live account at the same time with ic markets, a true ecn broker. oanda was bought by another company roughy 5 months ago. oanda has now again, become a market maker broker. when i opened the live accounts, i searched around to only open live account with ecn brokers. and oanda was listed as an ecn broker at that time.

if anybody doesnt know, a market maker broker, is a broker who takes the opposite of your trade. so your own broker is betting against you. this type of broker will do everything possible to make sure you lose money or make as little as possible.

oanda as a broker completely sucks right now. they are garbage, rubbish, a rip off, scam, etc. you get my drift. they manipulate price action to their favor. they widen spreads to stop you out, price action is heavily manipulated, they send you scare emails warning about margin calls when you are in the money, have a winning trade or have more than enough money in your account and you have stop loses placed to protect your account & trade.

so ive just shut my account, withdrawn all my money. i was lucky to get my money out. there are many complaints that oanda gives a 1,001 excuses to keep your money. so if your looking to open an account with oanda, DONT !!!!!! keep on looking & ONLY open an account with an ecn broker.
 

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