I think Oanda is the best broker for new traders...

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Frankie Carter
Mar 22, 2022

I think Oanda is the best broker for new traders with little experience with the markets. They are great to practice and improve your risk management using real money. The reason is that they allow traders to place orders as small as $1 (contract size) in any currency pair. I also love the fact that the Oanda trading platform is integrated with TradingView since I really like the appearances. Unlike MetaTrader, it feels so bright and easy to navigate. That being said, they also have several difficulties as well. For example, their account management site is quite outdated and has a very poor user interface. you need to go through several steps to get a report on daily Profit/Loss. It's really a hassle. I still think they are deserve to be given 4 stars tho.

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Oanda Review

OANDA is an internationally acclaimed broker providing trading solutions with the lowest spreads on the market. This broker has no minimum deposit limit and offers an intuitive fxTrade platform. More

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