OANDA Broker Overview:

The OANDA Forex broker has a lot of experience in the business. The organization has built a reputation as a trustworthy broker who offers fair trading terms to its clients.

There are really only two types of accounts available; an ‘account’ and a ‘demo account’. The demo account is meant to be used to familiarize yourself with the platform.

It’s time for us to let you know that OANDA is offering the best trading platform with lots of bonus programs, a great range of trading instruments and maximum leverage of 1:50. We don’t offer any trading platforms other than MetaTrader 5, so make sure to check out our trading platform comparison.

The broker’s website is a bit inconvenient, but that doesn’t mean it’s not worth visiting, if it’s one of your favorite brokers. A great thing about the website is that it’s very simple to use, making it easy for the broker to keep up with the many different ways people can contact them.

 Passive Investing

OANDA’s trading platform allows clients to combine trading and investing into one package. The service also includes research tools, such as a free charting app for Android devices and the OANDA mobile app.

Investment companies exist to help people build wealth through investing. The fact that they also exist in a public market means that they are subject to the same market forces that any other company is. Companies that invest in them must consider their value, track record and projected growth before deciding to buy their shares.

Experienced traders can also work as managers and earn a passive income.

OANDA Affiliate Program:

The OANDA Affiliate Program allows you to earn money by referring people to OANDA. The more clients you refer, the bigger your commissions will be. Commissions are earned on spreads and commissions are earned on account balances. A 5–15% commission rate is common.

The OANDA broker offers quite loyal (but basic) affiliate programs that allow you to earn a portion of the broker’s revenue and build your own referral network.

Traders Union Rebate Program:

Traders can significantly reduce their trading costs by using the Traders Union rebate programs. To use this service, you must first register for free on the Traders Union website, then open a trading account with a OANDA  broker using the Union’s referral link. You will be notified by the site to confirm that you are eligible to trade.

Whether you are making a profit or not, you will be compensated for the spread.

Users of OANDA trading conditions:

Clients of the OANDA broker benefit from relatively favorable terms. The minimum deposit for a Standard account is zero dollars, whereas the minimum deposit for a Core account is forty dollars. The magnitude of the spread is determined by the trading instrument (for currency pairings, the minimum spread is 0 pips) (percentage in points). For all types of accounts, the minimum trade volume is 0.01 lot. The highest leverage is 1:200, and it varies depending on the trading instrument.

Commissions and Fees at OANDA:

The OANDA broker was examined by Traders Union experts for hidden costs. Commission is charged when money is withdrawn to a debit card. Fee is charged when funds are moved to a credit card once a month, but if funds are withdrawn to a credit card more than once a month, the commission is from $15 for each withdrawal.

The PayPal payment service is available for use to anyone in the world, but only the following currencies are supported at this time: United States dollars, euros and British pounds.

Apps for mobile trading:

OANDA’s flagship fxTrade mobile app is simple to use and offers high-quality market research and charting capabilities, making it one of the best brokers in this area. It is backed by an extremely talented team of traders who know how to get the most out of their clients and is an all round top broker for both experienced and beginners.

The fxTrade app is a handy trading platform that provides a clean look and feel. There are many features, but they’re easily accessible and very easy to understand. I also liked how it makes trading seem almost effortless.

Charting using the fxTrade app is balanced with tools such as Auto chartist research and news headlines, in addition to its straightforward design.

What exactly is a Traders Union?

The International Traders Union (ITU) is the world’s largest professional group of Forex traders. Its mission is to protect traders’ rights and funds, and lower traders’ trading expenses.

Traders Union safeguards your money and ensures that they are repaid. Joining the Traders Union will give you access to additional revenue as well as enhanced investment security. Working with them gives you the opportunity to benefit from their extensive experience in the forex market.

Traders Union’s Forex Broker rating system is one of the most reliable resources available to forex traders. It makes it simple for all traders to use the rating and gain access to each company’s professional profile.

Why is it safer to invest with Traders Union?

Traders Union is one of the world’s largest online trading communities, with over 300,000 members.

Thousands of people have found trusted sources for their stocks and trades through a community called Traders Union. However, most brokers don’t like having to interact with such a community, but they can’t ignore the fact that it’s a thriving group of experienced traders.

Traders Union is a leading forex broker directory, with the goal of helping traders find the best brokers for their trading needs.

Transparent System:

Using a transparent system, we have produced the most objective broker rating in the Forex industry. Our analysts combed through all of the Forex brokers and categorized the information into more than 100 categories, using the same methodology and standards across the board.

Their members exchange trade volume information. The service is unique to us and gives an additional evaluation of the broker.

Create Account:

You can practice Forex Trading without risking any money before deciding to invest. It’s simple and straightforward. To get started, simply create a sample account. You can select any broker from our list of rated Forex brokers. A demo account will allow you to practice Forex trading and learn the fundamentals of the market without risking any money. You can also win real money by participating in special contests for free.