REVIEW AND FEEDBACK ON THE FINANCIAL BROKER OANDA
Trading on financial markets is available for everyone!
Global financial markets offer many opportunities for modern people. Taking into account the development of Internet technologies in the modern world, almost everyone has access to increase their income. One of the most popular areas for increasing its capital is trading.
What is trading and what do you need to know in order to become one of the participants in this process?
Trading is an activity that is carried out on special stock exchanges in order to make a profit. Participants in this process are a variety of actors: commercial banks, financial and investment companies, as well as online brokers.
OANDA has been an online trading broker since 1996. Registration of the company was carried out in the USA. The activity of the online broker is carried out by several organizations due to the presence of several subdivisions in its structure.
REVIEW On THE FINANCIAL BROKER OANDA
To trade in the financial market, the OANDA broker offers its clients the following types of trading instruments:
– 71 currency pairs;
– precious metals;
– bonds and other options.
To start trading, the client needs to open an account. In this case, the company provides only one type of account – the standard one, in which there is no minimum deposit. Also, for novice users who do not have enough experience in trading there is an opportunity to open a demo account to protect themselves from losing personal funds.
Absence of initial rates for trading is a plus, but limited choice of account options limits the trader’s opportunities.
The company provides an opportunity to work with several types of trading platforms:
– MetaTtader 4 (it is possible not only to use various tools for trading, but also to program your own trading robots);
– OANDA (a proprietary program that provides the ability to use advanced charts and indicators).
Some of the feedback points to some shortcomings in the work of these platforms, which has a negative impact on the conduct of transactions.
The main ways of depositing and withdrawing personal funds are bank transfers, replenishment with the help of visa/Master Card and PayPal payment system. There are many customer reviews on the Internet that point to problems in the process of profit withdrawal from the accounts. The limited ways of depositing and withdrawing funds are also referred to as disadvantages of the company.