OANDA Review
OANDA is an online trading company with a variety of advantages. It offers a variety of trading options for all levels, including forex, CFDs, and stocks. The website is responsive and features 70 technical indicators. It also offers real-time economic news and a relationship manager. But what makes OANDA stand out from the rest? In this OANDA review, we’ll discuss the benefits of the platform and the things that you should keep in mind before you sign up.
OANDA’s charting tools are responsive
OANDA’s charting tools are highly responsive, and are fully customizable. They offer over 70 technical indicators and can be edited to meet the trader’s needs. There are several languages available and live chat during trading hours. While I found the customer service staff to be helpful and knowledgeable, they did not have extensive knowledge about the products. However, the lack of a comprehensive help section was a minor drawback.
Clients can access the native depth of market data on OANDA’s platform. This information provides an indication of liquidity and likely execution locations. Other important features include educational materials, trading guides, and industry news. Market Pulse is a news portal for traders, featuring extensive industry news and in-depth analysis. The company also offers webinars and seminars for valuable customer training. OANDA is responsive and provides exceptional support.
It offers 70 technical indicators
OANDA’s fxTrade platform has over 70 indicators and a range of trading tools, including custom indicator settings. Its trading platforms include MetaTrader 4, MT4, and TradingView. The software also provides advanced order types and trailing stops. OANDA also provides an extensive educational library, a variety of trading platforms, and low spreads. Some people also use the OANDA desktop platform as their primary trading environment, as it offers a more customizable experience and just as Etoro Commissions than most other online brokers.
Technical Analysis is an online charting tool powered by Autochartist. It is available for free to all OANDA Trade clients. The platform is available on desktop and mobile devices, and on MT4.
It offers real-time economic news
In addition to real-time economic news, OANDA Broker Review offers a number of analysis tools that help traders test and refine strategies. The company’s charts show economic news effects directly on them. OANDA tends to target more seasoned traders and has been awarded several “highest customer satisfaction” awards by Investment Trends research. The company has a comprehensive education program, but the resources are fragmented and hard to navigate.
OANDA has a mobile app that features an easy-to-use interface and includes all of the same order types as its desktop counterpart. Traders can adjust the size of their charts according to their preferences. There are eight types of charts and 16 time frames available. Users can also choose from 17 indicators such as Bollinger Bands, exponential moving averages, pivot points, Fibonacci retracts, and more.
It offers a relationship manager
OANDA provides two types of accounts: standard and premium. Standard accounts offer spread-only pricing, while premium accounts include a relationship manager and unlimited free wire transfers. Both accounts have their benefits, but the premium account may be the best option for serious traders. For beginners, the standard account is a good choice. Premium accounts come with a dedicated relationship manager and priority service queues. But if you’re already a seasoned trader, the premium account is a better option.
