Oanda – Is it scam or safe?
The company is licensed in several countries and is regulated by the relevant financial supervision commissions. Licenses allow it to conduct financial services, including forex.
However, there are some publications in forex forums that inform about changing the key parameters of profitable accounts to prevent further winning deals. Customers reviews also show excessive spreads widening even when the volatility is weak, intentionally triggering of stop loss orders and poor and at times aggressive customer service.
So far, we haven’t received any complaints from clients of Oanda.com.
If you feel frustrated by Oanda.com and have something to share with us, please fill in the form below, describing your case: