I see Oanda improving on their system. Hope they can work on slippage and spread too.

I just join Oanda, so far no problem with withdrawal problems.

I've been using OANDA for some time now. The only complain is their commission is a bit pricey. Overall they have a good trading environment.

Bad reviews for OANDA. So many cases trader unable to withdraw. I almost experience that, but fortunately I can avoid it.

The weirdest thing just happened. Suddenly Oanda charged me 10 pips spread, even though there aren't any news releases. I thought the market must have moved for some reason, anomaly does happen after all. So I checked and I was surprised that the spread was NOT 10 pips on the chart, nor on the trade window where you click to open a trade. It wasn't the first time apparently, one of my colleagues also told me that Oanda charged him for 17 pip despite the charts doesn't show it. I understand what "dynamic" spreads are, but dynamic spreads can and should still be transparent. This is real money that we're talking about.

I've only recently had problems with Oanda. You see, several months ago they updated their deposit/withdraw feature in which you must scan your credit card on their website. This is not easy for me to do due to the nature of my phone. The worst thing is my bank changed names and I have to replace the card on file. This means I could not deposit nor withdraw any money until the new card was established. The websites keep refusing to read my cards, I did as instructed by the website.

I think customer service must have a solution to this problem. So I contacted them, nevertheless, the representative continued to repeat everything I did already. After 24 hours nothing happened with my card being updated. I continued to scan and download. This time it worked. But this time I received an email saying that my name did not match the card, which is impossible since I am using the same name. 

Oanda is a huge company, is such a shame they can't protect their clients from serious slippage and non-executed trades. Oanda told me that they will only guarantee me to fill within that slippage area during normal markets. But it just never happened. Worst of all, no trailing stops available after promising they would add it. At this point I should stop believing what they are telling me.

I think that Oanda has one of the best platforms out there, however it is not perfect. There are two things that I believe need urgent improvement. One is the open position on the chart and the other one is able to hedge trade on the open position. However, their CMS-free technical trading systems are good for beginners and hedge trade on open positions without any extra margin.

While I agree that their spread is good, there is something that makes me disappointed in Oanda. For example, their platform is really silly and slow, especially on high volatility. I am a very active trader during news releases, so this has proven to be a huge problem for me. Also, sometimes they stop me out even if my positions are still well above the stop loss point. I don't know if they did it on purpose or was it because of the laggy platform.

I am very impressed because Oanda manages to give me super-tight spreads despite there being news releases where markets tend to be extra volatile. Even when I finally generate small amounts of gains, they didn't try to stop me from making withdrawal unlike other brokerages who would make a big fuss out of it.