Oanda was founded in 1990 and is one of the first leading companies in the field of forex trading online. It is said that the company was founded at the hands d. Dr. Michael Stom. Richard Olsen. When was the launch of an online trading platform FXTrade in 2001 was the first platform for foreign currency trading fully automated. Since then it has grown at a rapid pace and Wanda are so far carried out more than a million daily circulation. It is estimated that about 20% of forex transactions are made through instant global servers and Wanda.
Trading platforms
there are two basic types of trading platforms that serve the users and Wanda: Luanda MetaTrader4 platform (MT4) trading platform FXTrade trading via the Internet. MT4 trading platform is very popular among traders because of online tools and advanced trading features offered. For FXTrade platform for trading online they need Java to run. And because this is the platform for trading online traders can be accessed from anywhere in the world provided that they have an Internet connection.
Are available for each of the two versions of the appropriate platforms for mobile devices as well. And professional traders can use technology libraries API OANDA FXTrade to build automated trading system which accommodates the special trading procedures, such as:
• access to current market data and old
• Access to commercial transactions old
• test free of risk
• stop loss, take profit and select commands
• requests for trading
Types of accounts
Wanda does not distinguish between different types of traders, therefore there is only one type of trading accounts. The good news is that there is also a requirement of the minimum deposit and allows the implementation of deals of any size without any requirement of a minimum size.
Commissions and price difference
like most brokers forex trading online, the Wanda does not charge any commission for the services of trading. Instead, traders pay the difference in price based on the market values in real time. Depending on the currency may start price difference from the lowest level at 1.1 points. Price differences of indicators less than that and start from the lowest level at 0.5 points.
And is drawing the attention of traders that during the increasing volatility of the market price difference tends to widen.
Customer
Service Customer Support and Wanda are available 5 days a week from Sunday (13:00 EDT).) to Friday (18:00 EDT). can contact customer service via live chat, e-mail and fax or phone. Maintain the interest of their clients maintain Wanda on their location in the following places:
• Bayfront, Singapore
• Chicago, United States
• London, United Kingdom
• Tokyo, Japan
• Toronto, Canada reliability in order to maintain the safety and reliability of its operations and Wanda interested in fulfilling all regulatory requirements required of brokers and forex trading online. For example company is registered in Trading Commission futures contracts (FCM) and the Commodity Futures Trading Commission (CFTC) and the National Futures Association. (NFA ID # 0325821)
As for the protection of customer funds and Wanda interested in dealing only with major banks such as Deutsche Bank, JP Morgan Chase, Royal Bank of Canada and Royal Bank of Scotland.
Pros
• innovative trading technologies
• non-discrimination between merchants
• open and transparent pricing
• trading platforms powerful and easy to use
• Quality Implementation
• Quality of Support
• reputed broker
• rate differentials narrow
Cons
• MT4 platform does not support the technology expert advisor EAs
• spreads tend to widen when the issuance News
• Pack must develop graphs available
• Wanda is a market maker
Summary
The presence of features such as real-time pricing and the ability to automated trading and the absence of the requirement for the minimum deposit and trading volumes, it is easy to see what Wanda enjoys great popularity among many traders. The fact that Wanda old company that is subject to regulation constitutes an added bonus for traders.
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