What Is OANDA?

OANDA is a global online trading platform that was established in 2001 and is registered in the United States. It is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). OANDA provides trading services in a variety of markets, including Forex, cryptocurrencies, commodities, and indices.

The platform is widely recognized for its low spreads, user-friendly tools, and robust educational resources. These features make it suitable for both beginner and experienced traders. OANDA also offers demo accounts, allowing users to practice trading with virtual funds before trading with real money.

For Forex trading, OANDA provides flexible leverage options. Traders can access the platform through MetaTrader 4 (MT4), TradingView, or its own proprietary OANDA trading platform, giving them multiple options to execute their trades.

Is OANDA Legit?

OANDA is a well-regulated broker with oversight from several major financial regulatory bodies. Here's a summary of OANDA's regulatory information:

What Can I Trade on OANDA?

OANDA offers a variety of tradable instruments, including:

What Are the Account Types and Fees on OANDA?

OANDA provides several account types tailored to different needs:

What Trading Platforms Does OANDA Offer?

OANDA supports multiple trading platforms to cater to various user preferences:

What Are the Deposit and Withdrawal Methods on OANDA?

OANDA supports a variety of deposit and withdrawal methods:

Risk Disclaimer: Trading involves significant risk, and it is not suitable for everyone. You should only trade with money that you can afford to lose. Please ensure you understand the risks involved and seek independent advice if necessary. OANDA offers leverage on Forex, but be aware that leverage can magnify both gains and losses. Always trade responsibly.

Ready to start trading with OANDA? Open an account today and take advantage of their competitive spreads and advanced trading tools.

General Information & Regulation

This Infinox says it is a forex broker registered in UK, offering trading in forex currency pairs, indices, equities, commodities, and futures. This Infinox is a clone firm which traders should stay away from.

Markets Instruments

Infinox offers five main asset classes:

• Forex – Trade 50 of the most popular currency pairs, including AUD/USD, EUR/USD, and EUR/GBP

• Indices – Trade on some of the worlds largest indices, including the FTSE100 and DAX40

• Commodities – Trade on hard and soft commodities such as gold, silver, and oil

• Equities CFDs – Buy and sell stocks in the worlds biggest companies, including Google and Facebook

• Futures – Trade on futures with real-time Direct Market Access (DMA)

Minimum Deposit

There are three account types to choose from at Infinox. For the STP/ECN accounts, the minimum deposit is just £1 (or EUR/USD/AUD) and for the futures CQG account, the minimum deposit is $5,000.

Leverage

Leverage for forex, commodities, and indices ranges from 1:10 and 1:30. Leverage is capped due to ESMA regulations, but still provides enough flexibility for traders to substantially increase their positions

Spreads & Commissions

Typical spreads on major currency pairs start at 0.3 pips for EUR/USD, 0.5 pips for GBP/USD, and 0.8 for EUR/GBP. For indices like the FTSE 100, typical spreads are 100 points and for commodities, spreads are 22 for gold and 27 for silver. Commissions are variable on equity CFDs and futures. Details of specific commission charges can be found on the brokers website, but generally, charges are 3.5 for futures and 0.10% for equity CFDs.

Trading Platform Available

Infinox is an unregulated broker, it offers the counterfeit MT4 trading platform where trading on it is full of risks.

Deposit & Withdrawal

Deposits and withdrawals can be made via debit/credit card, Skrill, Neteller, or bank transfer. Infinox does not charge for deposits, however, there may be intermediary fees.