OANDA is a broker market maker that provides quotes with 5 digit accuracy. The broker, which was founded in 1996, is under the main company OANDA Corporation, which is headquartered in San Francisco, United States. As one of the largest forex brokers, OANDA branch offices are scattered everywhere, including in England, Singapore, Japan, Canada, and others. OANDA forex broker was founded in Delaware, United States, by Dr. Michael Stumm, lecturer in Computer Engineering at the University of Toronto, Canada, and his colleague Dr. Richard Olsen from The Olsen Ltd, one of the leading econometric research institutes. Since then, OANDA has won various awards from various parts of the world. This achievement was driven by the spirit of OANDA in making new innovations in the world of forex trading and the reliability of its services. If you are interested to trade at OANDA, perhaps you want to see its volume first if you really want to consider forex brokers by volume. You can also visit http://fairreporters.net/economy/largest-forex-brokers-by-volume-in-2015/ if you want to check out some of the largest brokers with excellent volumes.
Of course, as one of the biggest forex brokers in the world, OANDA has several advantages, such as:
Strong Regulatory Guarantee
The OANDA broker is also well known for its very strong regulatory guarantees. OANDA has held regulations from well-known authorities such as the CFTC and NFA from the United States, the UK FCA, and ASIC Australia.
Unique and Informative FXTrade Trading Platform
OANDA is known as one of the leading forex brokers, and its unique platform, FXTrade, and the tools it provides have been widely used by the world’s leading traders and analysts.
It Acquired Regulations From 6 Countries
As proof of its competence, OANDA has 6 offices spread across Singapore, Sydney-Australia, Tokyo-Japan, England, New York, San Francisco, and Toronto. OANDA Group complies with the applicable regulations in accordance with the regulations of each country. For OANDA traders domiciled in the United States, the maximum offered leverage is 50: 1, and hedging is not allowed.