Online Brokers Australia releases its complete and independent review of OANDA Australia Forex broker, reaffirming its commitment to truthful, honest reviews.
OANDA is one of the most respected Forex brokers in the entire foreign exchange industry and strive to truly create a fair and transparent arena in which retail clients can trade. They are also the company who built the incredibly popular OANDA FX currency converter app.
To fully understand OANDA’s brokerage services and mission, I visited their offices in Sydney, Australia in 2018 and spoke with David Villagra (Director of Institutional Sales and Education at OANDA Australia).
After discussions with David, and fully reviewing this brokerage firm I certainly feel they achieve this!
OANDA Forex Broker
If you’ve ever asked yourself the question is OANDA a good broker, the following extract makes a good summary of the review:
Our OANDA review shows in a variety of ways that they actually want their clients to become successful self-directed traders. Their transparent pricing model is such that they do not profit from losses a trader may have as some other brokers in the industry do. OANDA’s trade execution speed is exceptionally fast and they have won a variety of excellence awards both from within the FX industry and from clients.
Where OANDA Australia Excels
There are several key areas, which are important to many traders, where OANDA absolutely excel:
- Excellent award-winning client service and support;
- Incredibly transparent pricing with no rejections, no re-quotes and no “last look”;
- Cutting-edge trading technology with the fastest documented execution speeds I have seen; and
- Award-winning education resources with true support for new traders and, one-on-one training is even available for premium clients for a more personal level of trading help. I can’t stress how rare this is in the forex broker industry.
I have been a trader myself for over 10 years and hearing the way David, who is the Director of education at OANDA, approaches trading in general and the foreign exchange brokerage industry was so refreshing and those taking advantage of learning from him are in the unique position of learning from a genuine trader who understands what it really takes to succeed in this competitive industry.
Our review of OANDA Australia shows in a variety of ways that they actually want their clients to become successful self-directed traders. As mentioned above, OANDA does not profit from losses a trader may have as some other brokers in the CFD & Forex industry do.
OANDA has won a variety of excellence awards both from within the industry and from clients.
Our complete and unbiased write up and review of OANDA Australia broker can be found at https://www.onlinebrokersaustralia.com.au/oanda-review/
Online Brokers Australia was created by Stuart Young in 2014. Stuart Young got the idea for the site when he saw the need to provide a review and comparison site that actually made the broker selection process easy.
Since it first went online, Online Brokers Australia has published many reviews on products in the Forex trading market and always aims to make it easy to choose a reputable, Australian regulated, Forex broker who will meet traders needs, with its reviews.
Stuart Young also adds “For any consumer wanting to check the legitimacy of a review, or know if they can trust the source, I advise them to ensure they know who is actually behind the review or web site. Don’t trust such an important decision on information from a web site that doesn’t clearly state the person/s behind it and their experience.”