OANDA is a highly respected and trusted FOREX broker as it has a long history and track record to prove its reliability in the FOREX trading market. It was established approximately 21 years ago and since than it has gone a long way in making goodwill in the FOREX market. This broker offers around 60 currency pairs which include various rare major, minor and exotic currency pairs. Many of these pairs are not easily available elsewhere.
This platform is especially useful for traders who are new in the market and want to become experienced professionals. It is due to the fact that it provides a free demo account which has all essential features to allow a brilliant opportunity of practice for users. Moreover, its initial minimum deposit is only $1, making it very attractive for mew entrants in the market.
Found in Canada, the company currently has five other subsidiaries in the UK, the US, Singapore, Australia and Japan. It is known for having adequate procedures and standards to ensure regulatory compliance in all these six locations. Along with over 60 currency pairs, it also offers trading opportunities in more than 30 CFDs, bonds, precious metals and other commodities.
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