Oanda.com online forex  » Finance  »
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    • by zack bloobos

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      Oanda’s trading platform allows minimum trading size of 100 units or US$0.01. Another unparallel factor is the ability to trade ‘non-standard’ units like 152 units, 245 units…etc. So far, I haven’t see any online forex firm offering this little trading lot size. The norms are usually 1,000 units or US$0.10. I feel

      that for beginner learning to trade real money, this is a good chance to hone your trading skill.

      Unless you can change your perception of demo trading account as real account, it is good to trade live with Oanda. ( Demo trading account refers to trading with virtual money or fake money) The ...

      • big difference between trading the two is the psychological impact which is a very important factor for a trader.

        Another important difference is that the connectivity of demo account and live account may differ. A demo account may be running smoothly but a live account may get disconnected once in a while.

        By trading the live account, you can also test to see if Oanda is suitable for your connection and usability.

        I have been trading with them and this is the main reason why I stay with them. At least not until I’m going to trade big sum of money.

        To check out more informations, go to www.oanda.com

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    The review was published as it's written by reviewer in May, 2009. The reviewer certified that no compensation was received from the reviewed item producer, trademark owner or any other institution, related with the item reviewed. The site is not responsible for the mistakes made. 421705701451131/k2311a0517/5.17.09
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