OANDA stands out in comparison to its competitors in several key aspects. Its spread-based account has an average spread of 1 pip, which is competitive, although some brokers like Spreadex and Tradeview offer lower spreads starting from 0.3 pips. However, OANDA’s commission-based account is hig...
For example, EUR/USD's current ask price is 1.0779 while its bid price is 1.0778. Subtracting the two will give you a difference of 0.0001 or equivalent to 1 pip. The spread is written in terms of pips or the smallest whole unit price fluctuation that the exchange rate can undergo. ...
The spread is written in terms of pips or the smallest whole unit price fluctuation that the exchange rate can undergo. This broker also has a $10/month inactivity fee for accounts with no open trades for at least one year.[3] OANDA also charges $20 for the first withdrawal processed ...
Today’s broker comparison examines Forex.com and Oanda. The former is owned by GAIN Capital Holdings, which is a publicly listed company traded on the New York Stock Exchange under ticker symbol GCAP. Regulated in several global markets, it has catered to traders since 2001 and established its...
OANDA FX, which is famous for being the first internet provider of no-cost currency exchange rate data, will work with Currencycloud and the Canadian firm Shift Connect. The firms will combine their offerings for a specific product, which will be aimed at corporate clients that want to better...