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OANDA

Broker
Traders
320.6 K
Trade

Ratings breakdown


1,571
536
1,426
4,065
25,438

Reviews from actual traders



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OANDA IS SCAM.... . My funds have been held up for months now without a clear answer. They said, "This matter has been coordinated with our backend team for a thorough investigation" but what exactly is there to investigate? I’ve already completed phone verification and submitted the requested selfie holding my ID. What else is needed? Am I just supposed to let my money go? I need those funds. I’ve complied with all your applicable rules, so what exactly is left to investigate? The answers I'm getting are incredibly vague. The Oanda team is the worst.
First, when I try to make a trade, it won't complete the trade, something about a guaranteed stop loss. Second (after logging out and back on) it tells me that the currency pairs (with OANDA in the pair) isn't a a valid pair. I know there are just a few bugs that needs to be worked on and I will probably give it another try later, but when I have a trade that I have been waiting for and THIS takes place...I am not a firm believer at the moment!
Sometimes the tickers don’t work (for example I click on OIL and AAPL shows up - this is rare, but happens). Some ghost positions are visible on chart until I restart the app (desktop version of TV on Mac). Execution speed and slippage is pretty decent, moving SL and TP on chart works. I miss the reverse button (close long & open short at the same time) and I could really use closing partial position (2 lots open - I just want to close 1 lot and leave the other. Right now I need to open 2 separate 1 lot positions to do partial profit taking). Last thing - I need to log back in far too often. I’d really like to be logged in for 30 days non stop.