Account type | Rating | Min. order (lots) | Min. deposit ($) | Spread type | Min. spread (pips) | Commission |
---|---|---|---|---|---|---|
FxTrade | 185 | 0.01 | 0 | Floating | 1 | — |
MT4 platform | 140 | 0.01 | 0 | Floating | 1 | — |
The history of the Oanda Corporation starts in the USA in 1995. The broker is a market maker and acts as a reliable source of currency quotes, having access to the largest world suppliers of liquidity on behalf of the largest world banks. Forex broker provides to the clients the transparent and flexible fxTrade platform equally convenient both for ordinary traders and for investment managers, financial institutions, and corporations.
The company has a number of licenses and its activities are regulated directly by several financial regulators. This list includes Commodity Futures Trading Commission (CFTC), US National Futures Association (NFA), Monetary Authority of Singapore (MAS), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Conduct Authority (FCA), and also Financial Supervision Agency (FSA).
The broker provides to the clients various educational programs where the beginning traders get access to the training materials, demo accounts, and thematic forums.