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Do you want to know which is the better broker between OANDA and Worldclass Financial Intelligence ?
In the table below, you can compare the features of OANDA , Worldclass Financial Intelligence side by side to determine the best fit for your needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of oanda, worldclass lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
OANDA | Basic Information |
Registered Country/Region | Australia |
Founded in | 1996 |
Regulation | CFTC, FCA, ASIC, IIROC, MAS, NFA, FSA |
Min. Deposit | No minimum deposit |
Max. Leverage | 1:50 (US), 1:30 (EU), 1:200 (other regions) |
Min. Spreads | From 0.6 pips (EUR/USD pair) |
Trading Instruments | Forex, CFDs, indices, commodities, bonds |
Trading Platforms | OANDA Trade, MetaTrader 4, API Trading |
Payment Methods | Bank transfer, credit/debit cards, PayPal |
Customer Support | 7/24 phone, email, live chat |
OANDA is a well-known online forex broker that has been operating for over two decades. With a reputation for transparency and reliability, OANDA offers a wide range of trading products and services, including forex, CFDs, commodities, and indices.
Founded in 1996, OANDA is headquartered in New York City and is regulated in multiple jurisdictions, including the US, UK, Canada, Australia, and Japan. This ensures that OANDA operates within strict regulatory frameworks and offers a high level of security and protection to its clients.
OANDA offers a range of trading platforms, including its proprietary platform, as well as the popular MT4 platform. The broker also provides a range of educational resources and tools to help traders improve their trading skills and stay up-to-date with market developments. In terms of customer support, OANDA has a 24/7 customer service team that can be reached via phone, email, or live chat.
OANDA is a well-established forex and CFD broker with a range of features and services that may appeal to traders of all levels. As with any broker, there are both pros and cons to consider before deciding whether to open an account. Some of the key advantages of OANDA include its regulatory status, extensive range of instruments, competitive spreads, and variety of trading platforms. However, it is important to note that OANDA also has some potential drawbacks, such as limited deposit and withdrawal options, high non-trading fees, and a lack of negative balance protection. Understanding both the positives and negatives of trading with OANDA can help traders make informed decisions about whether this broker is the right fit for their needs.
Pros | Cons |
Regulated by top-tier authorities | Limited product portfolio |
Competitive spreads and low trading fees | High inactivity fees |
No minimum deposit requirement | Limited research tools |
Variety of trading platforms | Negative reviews and complaints on customer support |
Educational resources and tools | Limited payment options |
Strong financial background | No professional account offered |
OANDA is a legitimate forex broker that has been in operation for more than 20 years and is regulated by reputable financial authorities, such as the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) in the US, and the Australian Securities and Investments Commission (ASIC). OANDA has also won numerous awards for its trading services and technology, including being named the “Best Forex Broker” by the Financial Times and Investors Chronicle for three consecutive years. However, as with any financial service, it is important for traders to conduct their own research and due diligence before deciding to trade with OANDA or any other broker.
OANDA offers a wide range of trading instruments to its clients, allowing them to diversify their investment portfolio and take advantage of various market opportunities. The market instruments offered by OANDA include:
Forex: OANDA provides access to a wide range of currency pairs, including major, minor, and exotic pairs. The forex market is the largest and most liquid market in the world, offering traders the potential for high returns.
Indices: OANDA offers trading in a variety of global indices, such as the US 500, UK 100, and Germany 30. These indices represent the performance of a basket of stocks and provide traders with exposure to a broader market.
Commodities: OANDA offers trading in commodities such as precious metals, energy, and agricultural products. These markets can be highly volatile, but they offer the potential for significant returns.
Bonds: OANDA offers trading in government bonds from a variety of countries, providing traders with exposure to the fixed-income market.
Cryptocurrencies: OANDA offers trading in popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The cryptocurrency market is highly volatile and can offer traders significant opportunities.
Bonds: OANDA also offers a range of bond CFDs to trade, including US Treasury Bonds, UK Gilts, and Euro Bunds. With bond trading, traders can access a wide range of bond markets and potentially benefit from price movements in global interest rates.
OANDA offers two live account types to cater to different trading needs and experience levels of traders. Here are the account types offered by OANDA:
Standard Account: This account type is suitable for new traders who are just starting in the forex market. The minimum deposit requirement for this account is $0, and it offers access to the core features of OANDA's trading platform, including over 70 currency pairs, commodities, and indices.
Premium Account: This account is designed for more experienced traders who require additional features and services. The minimum deposit requirement for this account is $20,000, and it offers tighter spreads, lower trading costs, and a dedicated relationship manager.
Apart from two live trading accounts, OANDA also offers a free demo account, which allows traders to practice trading with virtual funds in a risk-free environment. The demo account provides access to all the features and tools of the OANDA platform, allowing traders to test their strategies and trading skills without risking real money.
Pros | Cons |
No minimum deposit requirement | Limited leverage offered |
Multiple account types to choose | No professional accounts available |
Wide range of trading instruments | Inactivity fee charged after 12 months of inactivity |
Commission-free trading | |
Negative balance protection | |
Free demo account available |
Visit the official OANDA website and click on the “Open an Account” button.
Choose the type of account you want to open.
Fill in your personal information, including your name, address, date of birth, and employment status.
Provide some additional information, such as your trading experience, investment goals, and financial status.
Agree to the terms and conditions of the account and submit your application.
Once your application is approved, you will receive an email with instructions on how to fund your account.
Follow the instructions to deposit funds into your account and start trading.
OANDA offers leverage up to 50:1 for major currency pairs and up to 20:1 for minor currency pairs, commodities, and indices. However, leverage may vary based on the regulatory requirements of the country where the trader is located. It is important to note that high leverage can increase both profits and losses, and traders should carefully consider their risk tolerance before using leverage.
OANDA charges variable spreads that start from as low as 0.1 pips on major currency pairs. OANDA's spreads can vary depending on market volatility and liquidity, but they tend to be lower than the industry average.
In terms of commissions, OANDA does not charge any commissions on trades. Instead, the broker earns revenue from the spreads on trades. This can be a plus for traders who prefer to avoid paying commissions.
It's worth noting that OANDA also offers a range of order types, including limit, stop-loss, and take-profit orders, which can help traders manage their risk and maximize their profits.
Here is the combined data for EUR/USD, gold, and UK100 spreads from three brokers:
Broker | EUR/USD | Gold | UK100 |
OANDA | 0.9 pips | 25 cents | 1.4 pips |
FP Markets | 0.0 pips | 35 cents | 1.0 pips |
Exness | 0.3 pips | 35 cents | 0.5 pips |
OANDA also charges certain non-trading fees, which include:
Inactivity fee: OANDA charges an inactivity fee of 10 units of the account's base currency per month if there has been no trading activity for a period of 12 months or more. This fee can be avoided by simply placing a trade during this period.
Financing/rollover fees: If a position is held overnight, OANDA charges a financing/rollover fee. This fee is based on the interest rate differential between the two currencies involved in the trade and is calculated using the following formula: (trade size x interest rate differential x 1/365).
Deposit/withdrawal fees: OANDA does not charge deposit fees, but some withdrawal methods may incur a fee. For example, bank wire withdrawals within the US incur a $20 fee, while international wire withdrawals incur a $35 fee.
Conversion fees: If you are depositing or withdrawing funds in a currency other than your account's base currency, OANDA charges a conversion fee. This fee varies depending on the currency and the amount being converted.
OANDA offers multiple choices of trading platforms, namely MetaTrader 4 (MT4), OANDA Web Trading Platform, and OANDA Trade.
MetaTrader 4 (MT4): This is a widely used trading platform in the forex industry, popular for its advanced charting tools and automated trading capabilities. OANDA offers MT4 to its clients as a downloadable desktop application and mobile app.
OANDA offers a proprietary trading platform called OANDA Trade, which is available in both web-based and mobile versions. The platform is highly customizable and offers a wide range of charting tools, technical indicators, and order types.
OANDA Web Trading Platform: This is a web-based platform accessible from any device with internet connectivity. It offers a user-friendly interface and customizable features for traders to analyze the market and execute trades.
Here is a comparison table of the trading platforms offered by OANDA, Avatrade, and IC Markets:
Broker | Trading Platform | Desktop | Web | Mobile |
OANDA | OANDA Platform | ✔ | ✔ | ✔ |
MetaTrader 4 | ✔ | ✔ | ✔ | |
MetaTrader 5 | ✔ | ✔ | ✔ | |
Avatrade | AvatradeGO | ✖ | ✔ | ✔ |
MT4 | ✔ | ✔ | ✔ | |
MT5 | ✔ | ✔ | ✔ | |
IC Markets | cTrader | ✔ | ✔ | ✔ |
MetaTrader 4 | ✔ | ✔ | ✔ | |
MetaTrader 5 | ✔ | ✔ | ✔ | |
WebTrader | ✖ | ✔ | ✔ |
OANDA provides several trading tools to its clients, including:
Advanced Charting: OANDA's advanced charting tools offer technical analysis and indicators to help traders make informed decisions.
Economic Calendar: OANDA's economic calendar provides real-time updates on important economic events and news releases that can affect the markets.
Partners & VPS: OANDA partners with TradingView, a leading charting platform, to provide its clients with advanced charting and analysis tools. OANDA also partners with MotiveWave, a professional trading platform, to offer advanced technical analysis tools and trading strategies. In addition, OANDA offers a virtual private server (VPS) service to traders who require uninterrupted trading connectivity.
Deposit
OANDA offers several deposit methods, including:
PayNow/QR Pay: This payment method is available for Singapore residents only. It allows for instant deposits into your trading account. Deposits from the following banks in Singapore: DBS/POSB, Bank of China, Citi, HSBC, Maybank, OCBC, Standard Chartered and UOB, are accepted.
DBS Bill Pay (SGD only): Another payment method available only for Singapore residents, DBS Bill Pay allows you to make SGD-denominated deposits into your trading account.
PayPal: PayPal is a popular online payment system that is accepted by OANDA. It allows you to make instant deposits and withdrawals from your trading account.
FAST: FAST (Fast and Secure Transfers) is a real-time interbank payment and settlement system in Singapore. It allows for instant SGD-denominated deposits into your trading account.
Bank wire transfer: You can also fund your trading account via bank wire transfer. This method typically takes 1-2 business days to process.
Cheques: Cheques are accepted for deposits only, and they must be in SGD currency.
Paypal: This is an online payment system that allows you to send and receive money electronically. To use this method for withdrawal, you will need to have a verified Paypal account that is linked to your OANDA trading account. Withdrawals are typically processed within 1-2 business days.
Bank Transfer: This method involves transferring funds from your OANDA trading account directly to your bank account. The time it takes to receive your funds will depend on your bank's processing time. OANDA does not charge any fees for bank transfers, but your bank may have its own fees.
Cheque: You can request to receive your funds via cheque, which will be sent to your registered address. It typically takes around 7-10 business days to receive your cheque. However, there may be additional fees for this method, depending on your location.
Pros | Cons |
Multiple deposit methods offered | Limited withdrawal methods |
No fees charged on deposits | Withdrawals may take longer to process |
Fast processing time for most deposit methods | Minimum withdrawal amount may vary by method |
Deposit amounts in multiple currencies | No option to withdraw to credit/debit cards |
OANDA offers customer support services through various channels, including email, live chat, phone, and social media. The support team is available 24/7 to assist traders with any issues they may encounter during their trading journey.
One notable feature of OANDA's customer support is its multilingual support, which is available in several languages, including English, Chinese, French, German, Italian, Japanese, Korean, Portuguese, Russian, Spanish, and Turkish.
In addition to its customer support services, OANDA provides a comprehensive FAQ section on its website, which covers various topics, including account management, trading platforms, technical analysis, and more. The FAQ section is a valuable resource for traders who may have common questions and want quick answers without contacting customer support.
OANDA offers a wealth of educational resources to its clients, enabling them to develop their trading skills and stay up-to-date with the latest market trends. Whether you are a beginner or an experienced trader, OANDA's educational resources cater to your needs.
One of OANDA's important educational resources is the OANDA Academy, which offers a range of educational materials, including videos, tutorials, webinars, and articles, covering a wide range of trading topics, from the basics of forex trading to advanced trading strategies.
Additionally, OANDA provides clients with a variety of market analysis tools and resources, including market news, economic indicators, and trading signals, enabling traders to stay informed about the latest market trends and make informed trading decisions.
OANDA is a well-established online broker that offers a variety of trading instruments, account types, and platforms to its clients. The broker is regulated by multiple reputable authorities and has been operating for more than two decades, which gives it credibility and reliability. Additionally, OANDA provides several trading tools, educational resources.
However, it is important to note that OANDA has received a significant number of complaints regarding its customer support, trading platforms, and pricing policies. While the broker has taken steps to address these issues, they still raise concerns about the overall quality of its services.
Overall, OANDA is a legitimate and reputable broker that offers a range of benefits to its clients. However, potential traders should be aware of the complaints and consider them before making a decision to open an account with OANDA. As with any investment, it is important to conduct thorough research and due diligence to ensure that the broker aligns with your trading needs and preferences.
Q: Is OANDA regulated?
A: Yes, OANDA is regulated by multiple financial regulatory authorities around the world, including the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) in the US, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS).
Q: What is the minimum deposit required to open an account with OANDA?
A: The minimum deposit required to open an account with OANDA varies depending on the account type and the regulatory jurisdiction. In general, it ranges from $0 to $20,000.
Q: What trading instruments are available on OANDA's platform?
A: OANDA offers a wide range of trading instruments, including forex, CFDs, commodities, bonds, and stock indices.
Q: Does OANDA charge commissions on trades?
A: OANDA does not charge commissions on trades. Instead, they make money from the spread, which is the difference between the bid and ask price.
Registered in | St. Vincent and the Grenadines |
Regulated by | No effective regulation at this time |
Year(s) of establishment | 2-5 years |
Trading instruments | Commodities, indices, cryptocurrencies and other CFDs. |
Minimum Initial Deposit | $500 |
Maximum Leverage | 1:500 |
Minimum spread | 0.1 pips onwards |
Trading platform | MT4 for mobile and desktop |
Deposit and withdrawal method | 10 Local Transfer2 Crypto2 Credit Card1 Wire |
Customer Service | 24/7, Email, address, live chat |
Fraud Complaints Exposure | No for now |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Pros:
Competitive spreads with low minimum deposit requirements.
High maximum leverage of 1:500 offered.
A variety of payment methods available for deposits and withdrawals.
Customer support available 24/7 via live chat.
MetaTrader 4 available for both desktop and mobile devices.
Cons:
Limited educational resources, with only an economic calendar available.
Limited selection of account types compared to other brokers.
Limited trading instruments available, with only indices, commodities, and cryptocurrencies offered.
No information provided on the regulation of the company.
Limited physical presence, with only a virtual address provided.
Advantages | Disadvantages |
No dealing desk | May charge higher spreads |
Potential for faster order execution | Limited control over spread widening |
Prices directly from liquidity providers |
STP, or Straight Through Processing, is a type of broker that directly sends their clients' orders to the liquidity providers or market makers without any intervention. As such, STP brokers are considered to have no dealing desk and can offer faster order execution. Worldclass Financial Intelligence is an STP broker, meaning that it does not trade against its clients and the prices are directly from the liquidity providers. However, it may charge higher spreads to cover the costs of sending orders to the liquidity providers and may have limited control over spread widening during periods of high volatility.
Worldclass Financial Intelligence is an online trading brokerage that offers access to trade multiple financial instruments such as commodities, indices, and cryptocurrencies. The company provides a range of trading accounts with varying features, including competitive spreads, high leverage, and multiple funding options. With a user-friendly trading platform and 24/7 customer support, Worldclass Financial Intelligence aims to provide a seamless trading experience for its clients. The company is headquartered in St. Vincent and the Grenadines and is not regulated.
In the following article, we will analyze the characteristics of this broker in all its dimensions, providing you with easy and well-organized information. If you are interested, read on.
Advantages | Disadvantages |
Offers a wide range of instruments including commodities, indices, cryptocurrencies and other CFDs. | Limited availability for certain regions. |
Allows traders to diversify their portfolio and explore different markets. | Limited selection compared to other brokers. |
Provides an opportunity to trade volatile markets like cryptocurrencies. | Higher risk associated with trading certain instruments like commodities and cryptocurrencies. |
Allows for trading on different asset classes that are not traditionally available through other brokers. |
Worldclass Financial Intelligence LLC offers a variety of trading instruments including commodities, indices, cryptocurrencies and other CFDs. The availability of such instruments allows traders to diversify their portfolio and explore different markets that are not typically available through other brokers. Trading volatile markets such as cryptocurrencies can also provide unique opportunities for traders to potentially profit from significant price movements. However, trading these instruments also carries a higher level of risk compared to traditional instruments, and certain commodities and cryptocurrencies are known for their volatile nature. It is important to note that the availability of certain instruments may be limited for some regions.
Advantages | Disadvantages |
Low spreads | High commission on VIP2 account |
Zero commission on Standard and VIP1 accounts | Limited account options for traders |
Competitive pricing | No information provided on swap rates |
No deposit or withdrawal fees |
Worldclass Financial Intelligence LLC offers traders competitive pricing on their trading accounts, with low spreads and zero commission on their Standard and VIP1 accounts. However, traders opting for the VIP2 account will incur a commission of $7 per lot, which may not be suitable for some traders. While there are no deposit or withdrawal fees, the limited account options available may not suit all traders. The broker does not provide information on swap rates, which could be a disadvantage for those interested in holding positions overnight. Overall, Worldclass Financial Intelligence LLC offers competitive pricing and low costs for traders.
Advantages | Disadvantages |
Standard account has a low minimum deposit requirement | Only three account types available |
VIP accounts offer competitive spreads and high leverage | VIP accounts require large minimum deposits |
Zero commission on all account types | VIP2 account charges a $7 commission per lot |
High maximum leverage available on all account types | Limited information on other account features |
Worldclass Financial Intelligence offers three account types for its clients, with varying minimum deposit requirements, spreads, and commissions. The Standard account has a low minimum deposit requirement of $500 and does not charge any commission. VIP1 and VIP2 accounts offer more competitive spreads and high maximum leverage of 1:500, but require minimum deposits of $5000 and $20000 respectively. While VIP2 account charges a $7 commission per lot traded, both VIP accounts offer lower spreads than the Standard account. However, the limited information on other account features such as account management tools or trading platforms may be a disadvantage for some traders.
Advantages | Disadvantages |
MT4 is a widely used and trusted trading platform | Lack of support for other platforms like MT5 |
MT4 offers a user-friendly interface with advanced charting and analysis tools | Limited customization options |
MT4 supports automated trading through expert advisors (EAs) | Limited range of available assets |
MT4 offers a variety of order types and execution modes | Limited access to news and market data |
Worldclass Financial Intelligence offers its clients the popular and reliable MT4 platform for both desktop and mobile devices. MT4 is a widely used platform among traders worldwide, offering a user-friendly interface with advanced charting and analysis tools. Additionally, the platform supports automated trading through expert advisors (EAs) and offers a variety of order types and execution modes. However, one of the main drawbacks of this platform is its lack of support for other platforms like MT5. The platform also has limited customization options and a limited range of available assets. Finally, traders using MT4 may have limited access to news and market data compared to other platforms.
Advantages | Disadvantages |
Can increase potential profits with smaller initial capital | High leverage can lead to larger losses |
Allows for greater flexibility in trading strategies | Requires strict risk management |
Can open larger positions | Limited availability in regulated jurisdictions |
Can amplify gains on winning trades | Can lead to margin calls and account liquidation |
Can result in higher returns on investment | May attract inexperienced traders to take on excessive risk |
Worldclass Financial Intelligence offers a maximum leverage of up to 1:500. High leverage can increase potential profits with smaller initial capital and allows for greater flexibility in trading strategies. It can also amplify gains on winning trades and result in higher returns on investment. However, it is important to note that high leverage can also lead to larger losses and requires strict risk management to avoid margin calls and account liquidation. Additionally, some regulated jurisdictions limit the availability of high leverage to protect traders from taking on excessive risk.
Advantages | Disadvantages |
Multiple payment methods available | Some payment methods may incur additional charges |
Quick and easy deposit process | Exchange rates charged if depositing in a different currency |
Local bank transfer available for certain currencies |
Worldclass Financial Intelligence offers various payment methods for clients to deposit and withdraw funds from their trading accounts. Clients can choose from 10 local transfer methods, 2 crypto methods, 2 credit card methods, and 1 wire transfer method. Depositing funds is quick and easy, with clients able to select the trading account they wish to deposit to and choose from available payment methods. However, some payment methods may incur additional charges, and exchange rates may be charged if depositing in a currency different from that of the bank funds. Withdrawals can be made by logging in to the client office, selecting the trading account, and entering the desired amount. The local bank transfer method is available for certain currencies (USD, EUR, THB, IDR, VND, MYR) , making it convenient for clients in those areas. It should be noted that the local depositor rate varies for every country.
Advantages | Disadvantages |
Economic calendar | Limited educational resources |
Worldclass Financial Intelligence's educational resources are limited, with only an economic calendar available to traders. The economic calendar provides traders with important dates and times of upcoming economic events that may have an impact on the financial markets. However, the absence of other educational resources such as videos, webinars, or tutorials, means that traders have limited opportunities to improve their knowledge and skills. Additionally, Worldclass Financial Intelligence does not provide analysis or research tools that traders can use to make informed trading decisions.
Advantages | Disadvantages |
Live chat available 24/7 | No phone support |
Email support available | No physical location in major financial centers |
Customer support available on weekends | Limited customer support hours during the weekdays |
Responsive customer support team | Limited options for customer support channels |
Easy-to-remember email address | Limited language options for customer support |
Worldclass Financial Intelligence offers a decent level of customer care support to its clients. Customers can reach the support team via live chat or email, and the support team is available 24/7 through live chat. Additionally, email support is available, and the customer support team is also available on weekends. However, the broker lacks phone support, which may be inconvenient for some traders who prefer speaking with a representative over the phone. The broker also doesn't have a physical location in major financial centers, which may make it difficult for some traders to receive in-person support. Furthermore, customer support hours are limited during the weekdays. While the customer support team is responsive, there are limited options for customer support channels, and the broker offers support in limited languages.
Worldclass Financial Intelligence LLC is a CFD broker that offers a range of trading instruments, including indices, commodities, and cryptocurrencies. The company provides traders with access to the MetaTrader 4 platform for desktop and mobile devices, as well as a variety of account types and payment methods. They also offer competitive spreads, leverage of up to 1:500, and 24/7 customer support via live chat. However, the company is not regulated by any major financial authority, which may be a concern for some traders. Overall, Worldclass Financial Intelligence LLC may be a suitable choice for traders looking for a broker with a wide range of instruments and competitive trading conditions, but those who prioritize regulation and transparency may want to look elsewhere.
Question: What trading platforms are available at Worldclass Financial Intelligence?
Answer: Worldclass Financial Intelligence offers the popular trading platform, MetaTrader 4, for both desktop and mobile devices.
Question: What is the maximum leverage offered by Worldclass Financial Intelligence?
Answer: Worldclass Financial Intelligence offers a maximum leverage of up to 1:500 for its clients.
Question: What are the available payment methods for depositing funds into a trading account?
Answer: Worldclass Financial Intelligence accepts local transfers, credit cards, wire transfers, and cryptocurrencies (BTC and USDT) for deposits.
Question: Is there a minimum deposit requirement at Worldclass Financial Intelligence?
Answer: Yes, the minimum deposit requirement for a standard account is $500.
Question: Does Worldclass Financial Intelligence charge commissions on trades?
Answer: yes, the VIP2 account charges commissions.
Question: What educational resources are available at Worldclass Financial Intelligence?
Answer: Worldclass Financial Intelligence provides an economic calendar as its only educational resource.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive oanda and worldclass are, we first considered common fees for standard accounts. On oanda, the average spread for the EUR/USD currency pair is EURUSD/1 Gold/3 pips, while on worldclass the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
oanda is regulated by ASIC,FCA,FSA,NFA,IIROC,MAS. worldclass is regulated by --.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
oanda provides trading platform including Standard account and trading variety including Foreign exchange, precious metals, crude oil, CFD. worldclass provides trading platform including -- and trading variety including --.