Does anyone uses Oanda.com for forex trading?
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Answer:
I use Oanda as my broker. I highly recommend using Oanda as they give a huge edge over all other retail brokers. Oanda allows you to control the value of each pip not limiting you to a full lot ($10 a pip) or a mini lot ($1 a pip) so you can trade with values lower than $1.
This gives you a huge advantage in that you are limitless. No matter how much money your account size is you can correctly follow any money management and trade multiple methods across multiple pairs bringing you the diversification you need to survive and excel as a trader.
I am a professional trader with over seven years of experience and I also recommend to all members of my trading group to also use Oanda as their broker.
I have used them for some time.They do widen spreads during news but for the most part keep the small especially on the EUR/USD.They are good about deposits and withdrawals if you use paypal.If you withdraw once a month only the paypal fees apply.
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