Let's Talk About: Oanda - Are They A Good Broker?

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  • เผยแพร่เมื่อ 6 ก.ย. 2024

ความคิดเห็น • 416

  • @charlie0131
    @charlie0131 5 ปีที่แล้ว +18

    Great to see a series on this.

  • @zenwar8835
    @zenwar8835 5 ปีที่แล้ว +6

    How come my broker (Interactive Brokers) spikes my limit price 1 to 1.5 pips down? When I buy it spikes up. I see it spike down and up away from ask and bid price and the spike disappears from the trading screen. My profit target is further away after buying and My P&L drops 15 dollars after selling. This happens all the time . This is even a simulator. Is this build into their platform to create artificial spread? Or are they simulating slippage. Worried they would do that in live trades as well. They sometimes prevent my shares from being sold when I am up in trade. They sometimes prevent me from buying when it is about to pop in my direction. Seems like it is build in their algo to steal money.

  • @jeanettedicarlo5881
    @jeanettedicarlo5881 2 ปีที่แล้ว +2

    I'm a newbie to the 4X world and started with Oanda cause I saw your videos in the beginning 😃 So far so good - watched this to find out how to fund my first real acct after demo'ing for a couple weeks

    • @DesireToTRADE
      @DesireToTRADE  2 ปีที่แล้ว

      I'm glad that I could help.

    • @trader-matt
      @trader-matt ปีที่แล้ว

      Welcome to the fx world

    • @stevenclark1123
      @stevenclark1123 ปีที่แล้ว

      Welcome to forex. I've been using Oanda for about 10 years now. Overall, I think they do a good job. I like the fact that you can trade in nano lots and I like that you can connect it directly to Dreamfire52.

  • @delwalter5773
    @delwalter5773 2 ปีที่แล้ว +2

    Stop losses are not guaranteed - I put a stop at £-91.00 but it didn't close out until £-346.30 on Eur/USD.
    Not ideal in modern times and technology. Good work Etienne - thank you! Del UK

    • @Kevinschart
      @Kevinschart ปีที่แล้ว

      sounds like you're over leveraged.

  • @brucesmith6868
    @brucesmith6868 5 ปีที่แล้ว +16

    Thanks E great topic, there are a lot of bad brokers ripping people off out there.

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว +6

      That's why I want to start comparing the good ones :)

    • @issalj2661
      @issalj2661 4 ปีที่แล้ว +1

      Name a few?

  • @iverson2002939
    @iverson2002939 5 ปีที่แล้ว +10

    The only issue I have with Oanda is that their spread at the end of trading day widens dramatically (to even 20 pips on major pairs) due to low liquidity in the market. A few times this triggered my stoploss which would not have been triggered if the spread did not widen so much. Any similar experience there?

    • @spcs999
      @spcs999 ปีที่แล้ว

      Which pair?

    • @Kevinschart
      @Kevinschart ปีที่แล้ว +1

      that's your fault. take your trades off if low liquidity is causing you to get stopped out. this happens to everyone on oanda.

  • @nowaynesamuels2194
    @nowaynesamuels2194 5 ปีที่แล้ว +8

    I was also looking forward to a preview rundown on the platform of things you talked about.

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      I might do that in the future :) thanks for the idea!

  • @LEFTURNInc
    @LEFTURNInc 4 ปีที่แล้ว +7

    Been with Oanda for over 8 years. They are one of the best. Never once had an issue with them

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      That's great to hear! I like them as well 🙏

    • @SALMANKHAN-pk2xe
      @SALMANKHAN-pk2xe 2 ปีที่แล้ว

      Why does income tax arise?

    • @Sound_Pusha
      @Sound_Pusha ปีที่แล้ว

      Do you recommend for scalpers have the spreads changed ?

  • @user-el9wf5kw2q
    @user-el9wf5kw2q 5 ปีที่แล้ว +7

    Hi! I am from Russia and wanted to ask: can there be problems with the work and withdrawal of funds for residents of Russia?

  • @thinhtrinhtuan6705
    @thinhtrinhtuan6705 5 ปีที่แล้ว +6

    I have used Oanda Japan for 2 years now.
    Trading account connects to bank account. I can make a transfer in day. no fee
    Their trading platform is look like Tradingview, but can not make multiple list.
    Few month ago, it can be connected with tradingview. so no need to open Oanda platform any more.
    No online customer service (or dont work at all)

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      Thanks for sharing your perspective 🙌

  • @jednavida9257
    @jednavida9257 3 ปีที่แล้ว +3

    Hey Erienne Crete,
    I have a problem figuring out how to utilize my leverage...I currently have it at 50:1 but for some reason I am only allowed to trade as if my account had a 1:1 leverage. This has been a big problem for me for months as I cannot find my answer. It is making me deposit big funds into my account to be able to trade with big funds with high risk.

  • @sikatamadhulika6830
    @sikatamadhulika6830 3 ปีที่แล้ว

    Which broker is good for day trading ? Please suggest.

  • @dennona1
    @dennona1 5 ปีที่แล้ว +12

    anyone else having an issue with chart freezing on
    Oanda?

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      On Tradingview or MT4?

    • @chefron8
      @chefron8 4 ปีที่แล้ว

      Yes, on MT4

    • @waleedr7515
      @waleedr7515 4 ปีที่แล้ว

      yes its happening to me as we speak

    • @wealthylee9334
      @wealthylee9334 3 ปีที่แล้ว

      I've had it happen like twice very briefly

  • @jaymoreira3486
    @jaymoreira3486 2 ปีที่แล้ว +1

    Hi
    Which broker do you recommend to trade CFDs in US using meta trade4 or 5?
    Thanks

  • @francepaul4271
    @francepaul4271 5 ปีที่แล้ว +1

    they still around? not bad.. its alright i guess and traders should double check for online feedback and trading conditions, i have to admit i did consider them in the past, but ended up with hotforex for 5 years now, just stick to what work right? best of luck. but definitly oanda is one the pioneers.

  • @santosrulaye9024
    @santosrulaye9024 3 ปีที่แล้ว

    Hey Etienne crete love your content really appreciate the value you put here. I know you’re a very busy person but if you have the time to reply to this question it would help a lot. Does Oanda do stop hunts or is that a myth?

  • @traderkaz
    @traderkaz 5 ปีที่แล้ว +11

    What’s a good broker for a U.S.A. citizen scalping? Thank you!

    • @d1trading969
      @d1trading969 4 ปีที่แล้ว

      Carrollo thats not true. I use them now

    • @ramakrishnashalom9004
      @ramakrishnashalom9004 4 ปีที่แล้ว

      @@d1trading969 Do you have any issues withdrawing your money from Hugosway?

  • @qmilli5094
    @qmilli5094 5 ปีที่แล้ว +6

    i do my technical analysis on tradingview and i'll join oanda soon.
    but which charts on tradingview do you use? the FXCM charts or the OANDA charts?
    what's best to use ?

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว +10

      I prefer FXCM charts because they show gaps. Oanda only shows candlesticks even when there's a gap. It's a bit weird...

    • @dhananjayab8759
      @dhananjayab8759 3 ปีที่แล้ว

      @@DesireToTRADE i found an oanda channel on telegram. There is a broker who said that on our investment we get 5 times of our investment within 48hours. Is it legit to invest in it ?

    • @DesireToTRADE
      @DesireToTRADE  3 ปีที่แล้ว

      @@dhananjayab8759 that’s clearly a scam. Don’t give them any money.

    • @dhananjayab8759
      @dhananjayab8759 3 ปีที่แล้ว

      @@DesireToTRADE i thought the same but when i saw that their members are getting profit on their investment i believed on them.

  • @raven6108
    @raven6108 4 ปีที่แล้ว +1

    What do you think about the Oanda balance sheet.

  • @smileguy74
    @smileguy74 5 ปีที่แล้ว +1

    Hi Etinenne, would you recommend a swap free account as swing trader ? Which reliable broker offer this ?

  • @theexcitableman2
    @theexcitableman2 3 ปีที่แล้ว +3

    Is withdrawing good/easy/legit with Oanda? Only been demo with them so far. Thanks 👍
    So far I dig em' and the Tradingview integration rocks 🔥

    • @DesireToTRADE
      @DesireToTRADE  3 ปีที่แล้ว +3

      Yes, very straightforward if you follow the rules. Usually you have to withdraw from the same account you used to deposit.

    • @theexcitableman2
      @theexcitableman2 3 ปีที่แล้ว +1

      @@DesireToTRADE
      Thanks Et!

  • @alwayswinning3743
    @alwayswinning3743 4 ปีที่แล้ว

    I wanted to go with Tradestation as I like there scanner - but you need passport to sign up with them - I don't have. So I'm looking to go with Oanda as my first broker and love tradingview, but I'm looking at better cheaper scanners to find the best stocks ...
    How do you calculate PIPS INTO AUD $$$
    And do Oanda do Cash accounts OR margin?
    I kind of only wanna start off with Cash :)

  • @cheddarbob8741
    @cheddarbob8741 5 ปีที่แล้ว +2

    i like oandas advanced charting it slick as can be but theres a few area's there lacking with it that i wish they would change:
    - be able to create alerts for a particular price level
    - they got rid of custom time frames which sucks because i like the 3minute chart for example
    - the sunday gaps just appear as a large bar in the direction of the gap which can be confusing
    - sometimes latley certain timeframes won't load
    - you cant save layout groups like trading view, you have to create an entire different profile which isnt a big deal just a hassle..

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว +2

      Yeah! Those are the reasons why I keep using Tradingview. 📈

    • @cheddarbob8741
      @cheddarbob8741 5 ปีที่แล้ว +1

      Yup I don’t blame ya, I’ll being going that way in the future for sure

    • @stevenclark1123
      @stevenclark1123 ปีที่แล้ว

      I have been using Oanda for about 5 years now. I have the same complaints but overall, I think they do a good job. I like the fact that you can trade in nano lots and you can hook directly to Dreamfire52.

  • @CG-jf8ey
    @CG-jf8ey 3 ปีที่แล้ว

    nice video.
    which broker would u recommend if i based in Singapore, as u say that oanda does not have the lowest spread?

  • @eternalflames581
    @eternalflames581 4 ปีที่แล้ว +2

    Is it possible to trade us30 on oanda? Thanks

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      A simple Google search would get you the answer: www.oanda.com/sg-en/trading/instruments/

  • @wealthylee9334
    @wealthylee9334 3 ปีที่แล้ว +1

    I don’t like Oanda. They make it difficult to withdrawal and deposit money. It’s always something with them, they also don’t let US residence trade US30. So I now trade with KOT4X so I can trade US30.

  • @mohamedkajiado8820
    @mohamedkajiado8820 4 ปีที่แล้ว +1

    Kindly I am asking can you trade with tradingview and connect to meta trader4/5 so that you can execute your trades from your phone ?

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      Not MT4. TradingView is a platform in itself that you connect to your broker such as Oanda.

  • @williamlatorre3441
    @williamlatorre3441 4 ปีที่แล้ว +1

    What other regulated broker you recomend for lower spreads?

    • @denvertravis9673
      @denvertravis9673 3 ปีที่แล้ว +1

      Fxview. Spreads are very low there.

  • @georgedelorean344
    @georgedelorean344 4 ปีที่แล้ว

    Oanda is a market maker if i am not mistaken. That means i would be trading against the house.

  • @summercloud452
    @summercloud452 ปีที่แล้ว

    oanda just advised me i cannot use trading view as a third party platform in Vietnam

  • @jamesphillipsdiggsiii4572
    @jamesphillipsdiggsiii4572 4 ปีที่แล้ว +1

    Is it true that Oanda is not an ECN broker and if so what are the implications of this? Thank you.

    • @ziloo956
      @ziloo956 4 ปีที่แล้ว

      No it's not it's oanda is pure market maker
      This implies the opposite of ECN witch stands for
      electronic communications networks (ECNs) to give clients direct access to other participants in The markets ECN brokers are non-dealing desk brokers, meaning that they do not pass on order flow to market makers. Instead, they match participants in a trade electronically and pass the orders to liquidity providers

    • @jamesphillipsdiggsiii4572
      @jamesphillipsdiggsiii4572 4 ปีที่แล้ว

      @@ziloo956 Thank you. That's what I expected. My only question now is why do people keep recommending Oanda when this clearly illustrates a conflict of interest due to this broker taking the opposite side of their clients trades and betting against them? With it being in the broker's interest for us to lose, how do we know they are not manipulating their charts and prices against us since they have the ability to make the market we are trading in? I understand that Oanda is apparently supposed to be one of the most regulated brokers but market makers are known for malpractice due to possessing the amount of power that they do over the markets they create. I don't trust them nor do I believe the regulators have that much of a stronghold over these institutions that probably are able to out wit them in the end anyway.

    • @ziloo956
      @ziloo956 4 ปีที่แล้ว

      @@jamesphillipsdiggsiii4572 okay first sorry for the late replay but straight to the points some recommend it because it's the only few that accept their country and some just because they heard the name and got stuck with it
      etienne say's i don't recommend using oanda multiple times in his videos
      so i say avoid it
      if you are not from the US i would recommend FP markets or ic markets they are both good ECN Brokers from Australia just stay away from ctrader go with mt5 account or web platform
      hope this helps

    • @FXNorm
      @FXNorm 2 ปีที่แล้ว

      @@ziloo956 ALL brokers are ECN's.

  • @hectorvega2819
    @hectorvega2819 3 ปีที่แล้ว

    Hi mate, thanks for the info… Quick question, does OANDA works fine trading from Australia?

  • @taimoorrafi484
    @taimoorrafi484 4 ปีที่แล้ว +1

    Brother i am using ic market is they are a good brokers.please give your review? Thank you

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      Several of my students are using IC Market. They are good.

  • @hendersonsobers396
    @hendersonsobers396 5 ปีที่แล้ว +2

    Very good video. Would love to see a comparison between suretrader and cmeg.

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      I'll research those! 2nd video in this series will be out tomorrow!

  • @MattressClean
    @MattressClean 5 ปีที่แล้ว +3

    I am with Saxo in Australia. Can they interface with Tradingview? Your thoughts on Saxo please.

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      I never heard of Saxo before... but i'm pretty sure they don't connect with Oanda.

    • @umargrandie6353
      @umargrandie6353 5 ปีที่แล้ว

      @@DesireToTRADE really if gooling top broker of forex you will find saxo bank as suggestion ?????????????,never heard about it !!!!!!!!!!!!!!!!!,,,,,

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      Not searching for brokers all day... there are more productive things to do :)

    • @vladdoit
      @vladdoit 5 ปีที่แล้ว

      Saxo broker?

  • @jatindarpaul5396
    @jatindarpaul5396 5 ปีที่แล้ว +1

    Hi EC, Which broker is best to trade oil? Particularly Canadian oil ETF's HOU & HOD. Onada is good but can only trade BCOUSD. Is Questrade better than Onada? Thanks.

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      I doubt Questrade is better...my experience wasn't too good with them. I'll have to do some more research on that!

    • @jatindarpaul5396
      @jatindarpaul5396 5 ปีที่แล้ว +1

      Thanks. @@DesireToTRADE

  • @sitirahmaharahap5545
    @sitirahmaharahap5545 3 ปีที่แล้ว +1

    I will start with Oanda I think

    • @DesireToTRADE
      @DesireToTRADE  3 ปีที่แล้ว

      Let me know if you have any questions!

  • @skychan8850
    @skychan8850 4 ปีที่แล้ว +3

    Must u pay exchange rate cost to oanda when there is profit?

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      No as long as your trading account is in the same currency as your bank accounts... otherwise you'll pay conversion to your bank or Oanda

  • @djtownsend1
    @djtownsend1 5 ปีที่แล้ว

    Hello, What do you think about trading212 ?? I think they are a rip off and are not in it for your best interest which is making money.

  • @datboinate0192
    @datboinate0192 4 ปีที่แล้ว +3

    Go more into depth about the withdrawal

  • @artoffreedom5432
    @artoffreedom5432 3 ปีที่แล้ว +1

    Is it possible at oanda to deposit money using Skrill but withdraw through bank transfer?

    • @DesireToTRADE
      @DesireToTRADE  3 ปีที่แล้ว +1

      Usually yes, but the bank accouny has to be in your name.

  • @adelajaabimbola5629
    @adelajaabimbola5629 3 ปีที่แล้ว

    oanda does not accept Nigeria traders? whats your suggestion

  • @adelbahri7918
    @adelbahri7918 4 ปีที่แล้ว +3

    Hello,
    I create recently an account Oanda and i don't know if i have deposit money on Oanda or MetaTrader4.
    Thanks

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว +2

      Always on Oanda's website. You cannot deposit money from MT4

    • @tommichael623
      @tommichael623 3 ปีที่แล้ว

      Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most.
      (Thompsonlouis2021@gmail.com)

  • @najbahaduri9400
    @najbahaduri9400 4 ปีที่แล้ว +1

    Do I link my checking account or credit account with Oanda?
    What did you do in this regard?

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว +1

      I didn't add to my Oanda account in some time now but I usually do it by credit card. For withdrawal, you can connect your bank account (debit)

    • @ani-bv5mq
      @ani-bv5mq 3 ปีที่แล้ว

      @@DesireToTRADE can i windraw cash with my connected debit card account

    • @krystallong8133
      @krystallong8133 3 ปีที่แล้ว

      If I open an account with $100 usd how much will Oanda charge? what’s the spread

  • @chadbrowneagapetos2015
    @chadbrowneagapetos2015 4 ปีที่แล้ว +2

    Very good and their account statements offers risk to reward on the instruments you trade.

  • @sarahgosselin6587
    @sarahgosselin6587 4 ปีที่แล้ว

    Hi Etienne! What broker do you recommend for scalping?

  • @Coconutboy66
    @Coconutboy66 4 ปีที่แล้ว

    What you say about Oanda is Market Maker and does stop Hunting?

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      They are very heavily regulated. I wouldn't say that's an issue.

  • @klarc1
    @klarc1 3 ปีที่แล้ว +1

    Hi, with oanda, could you tell me if i can withdraw profits, not the deposit amount, back to the source i used to deposit, so if i deposit using debit card, can i withdraw profits back to that same debit card? with XM they would not allow me to do this and the only options i had were skrill, neteller etc and i don't use them. Thank you!

    • @DesireToTRADE
      @DesireToTRADE  3 ปีที่แล้ว

      Usually you need to withdraw to the same account with any broker. They do this to prevent fraud. It's a security thing.

  • @Cinseble
    @Cinseble ปีที่แล้ว

    They conatantly shut off account access around the time of a big move and disable the deposit feature

  • @louislouis2877
    @louislouis2877 3 ปีที่แล้ว

    Dose have a Robot train for you

  • @etclarke7884
    @etclarke7884 5 ปีที่แล้ว

    on oanda i have to enter trades with multiple positions because i cant reduce my position during a trade

  • @markgergen4536
    @markgergen4536 4 ปีที่แล้ว +1

    I have been thinking of opening an account but I trade lower time frames. Can I trade the 10 min with a small trading account and be ok with getting my orders filled?

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      Yes you'll probably be filled easily on most pairs but the spread with Oanda isn't ideal for lower time-frame trading. AxiTrader would be a better fit since they have a pro account: th-cam.com/video/3m-hYj0BSxw/w-d-xo.html

  • @SZJA
    @SZJA 5 ปีที่แล้ว +1

    Which us broker would you recommend for day trading?

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      It depends where you are located and other factors. Shoot an email to support@desiretotrade.com and we'll have someone help out with that :)

    • @SZJA
      @SZJA 5 ปีที่แล้ว +6

      @@DesireToTRADE the US. I dont wanna go through the whole hassle of emailing that's why I asked in the comment section

    • @SZJA
      @SZJA 3 ปีที่แล้ว

      @@kellyandrew4176 damn you scammers are still at it ehh 🤣🤣🤣 can't believe i had this question a year ago and didn't know shit lol went through so much in my first year of trading now I know wtf. Stacey burke is the fucking truth

  • @markangeloescuadra4335
    @markangeloescuadra4335 5 ปีที่แล้ว +1

    Hi I just wanna ask if you really can't demo trade on OANDA using trading view thank you!

    • @jamesb8305
      @jamesb8305 5 ปีที่แล้ว

      Mark Angelo Escuadra you can paper trade for however long you want.

  • @desmond4469
    @desmond4469 5 ปีที่แล้ว +1

    Thanks for another great video! I’m curious what broker would you pick in terms of best competitive spread and commission?

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      I'm not sure about that...i think IC Markets is pretty solid for that.

    • @leeamessage
      @leeamessage 5 ปีที่แล้ว +1

      @@DesireToTRADE its a great broker but not for US clients :(

    • @estrelassort6161
      @estrelassort6161 5 ปีที่แล้ว +1

      and not for canadians

  • @kamaroolrushdan3242
    @kamaroolrushdan3242 5 ปีที่แล้ว +1

    Are Oanda regulated in Malaysia?

  • @jonelgonzalbo8882
    @jonelgonzalbo8882 5 ปีที่แล้ว +2

    Hi, can I open an Oanda Account here from the Philippines? Thankyou for your response.

    • @flamefeather01
      @flamefeather01 4 ปีที่แล้ว

      Kamusta po un Oanda?

    • @flamefeather01
      @flamefeather01 4 ปีที่แล้ว

      @@normansamaniego4889 salamat! Buti nasabi mo dude.

    • @johnc5915
      @johnc5915 4 ปีที่แล้ว

      @@normansamaniego4889 anong bago mong broker ngayon bro..? naghahanap ako ng broker.. yong hindi scammer! XM ang akin dati.. ayaw ko na sa XM dahil mandaraya.. titirahin ka sa stop loss at mi kababalaghan sa chart!

  • @RobertLoyale
    @RobertLoyale 4 ปีที่แล้ว +1

    But it’s confusing.
    I saw 50:1 and thought I’d it suppose to be 1:50???

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว +1

      It's the same... Just depends on the person who writes it

    • @anthonydawson9700
      @anthonydawson9700 4 ปีที่แล้ว

      Nah depends on where your account is domiciled and what currency pair you are trading.

    • @Journey1159
      @Journey1159 9 หลายเดือนก่อน

      Can I put 20 dollars in there instead of 500$ and 1000$ just to start out little on Oanda

  • @elizabethwoods8883
    @elizabethwoods8883 4 ปีที่แล้ว

    Hi Etienne Crete may I ask if do you teach how to trade FX. If the answer is yes, may I ask if I could have more details on how it works to enroll. Many thanks EW

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      Yes we have a program called the Desire To Trade Academy. You can have a look here: desiretotrade.com/products

  • @2WheelsAcross
    @2WheelsAcross 5 ปีที่แล้ว +1

    What do you think or know about IQ Option?

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว +1

      I never looked into them unfortunately...

    • @2WheelsAcross
      @2WheelsAcross 5 ปีที่แล้ว +1

      Maybe a video about it... ?? Hahahaha
      Best regards.
      You should come to the Philippines

    • @sitirahmaharahap5545
      @sitirahmaharahap5545 3 ปีที่แล้ว

      I prefer to do trade instead of gambling.

  • @jem7244
    @jem7244 2 ปีที่แล้ว

    What's the minimum deposit capital?

  • @cmccarrick10
    @cmccarrick10 5 ปีที่แล้ว +2

    I love using Oanda for the trade size and their mobile app. fxTrade is a great app and it's good enough that I can trade anywhere. Great information!

  • @CappyPommie
    @CappyPommie 5 ปีที่แล้ว +1

    Very nice summary ... thanks

  • @dingchangxu289
    @dingchangxu289 4 ปีที่แล้ว

    Great information, Do you know about alphatradex? It's good broker or scam?Thanks.

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      Doesn't look good at a first glance...

  • @emilpop2412
    @emilpop2412 3 ปีที่แล้ว

    Hi sir ! I connect Oanda to Tradingview for live trading does they charge some extra fees? Thank's a lot for your time.

  • @the_noble_lefty
    @the_noble_lefty 4 ปีที่แล้ว +3

    Hi, I'm a Canadian, I was wondering if you fund your Oanda account with USD or CAD?

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว +3

      In CAD but I could probably do it in USD too

  • @breylienr
    @breylienr 5 ปีที่แล้ว +1

    Thank You for this video really like how you broke down the information. Can you talk about Hugo's Way?

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      I never heard of this but I'll do some research. Thank you 🙌

  • @aziafaiz5175
    @aziafaiz5175 2 ปีที่แล้ว

    Hi please help me
    I was wanted to ask a sample question about Oanda account
    Can I use someone else Oanda account in Afghanistan ?
    Here is the thing I can,t make Oanda account in Afghanistan so I should ask my friend to make one for me in Canada than he would gave me That account user name and password, so am I able to use that account to start trading in forex from Afghanistan?
    Thank a lot.

  • @johnsherpa2066
    @johnsherpa2066 3 ปีที่แล้ว

    Do you know about belleofx?

  • @Q773-j4h
    @Q773-j4h ปีที่แล้ว

    Thank you for this information, Sir!

  • @snipessarmah4301
    @snipessarmah4301 4 ปีที่แล้ว

    hello i am from Ghana West Africa and i was having issues with Hotforex is there any better broker out there as far as ristrictions is concern

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      There are many better brokers

    • @snipessarmah4301
      @snipessarmah4301 4 ปีที่แล้ว

      @@DesireToTRADE can you kindly help me with any please many i hand selected are been restricted please

  • @chanlu7446
    @chanlu7446 3 ปีที่แล้ว

    Thanks for the video, I am a new day trader. I need a ECN broker using MT4 platform also has currency strength meter. I am from Canada

  • @brogen100
    @brogen100 5 ปีที่แล้ว +1

    Great vid !
    I'm trying to figure out if I should go with FXCM or Oanda.

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      I'll cover FXCM in the future :)

  • @nehemaialord2653
    @nehemaialord2653 3 ปีที่แล้ว

    Good honest review!

  • @luiscosta6487
    @luiscosta6487 5 ปีที่แล้ว +2

    Can we use it in UK ???

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว +2

      You should be able to open an account

  • @the_noble_lefty
    @the_noble_lefty 4 ปีที่แล้ว +2

    Great video! I had a question about Oanda broker. If I fund my account in canadian dollars, is there an exchange fee when I buy EUR/USD for example, since oanda has to change canadian dollars to EUR?

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว +1

      No it's the rate without commission. You only pay a spread

  • @waynefilkins8394
    @waynefilkins8394 5 ปีที่แล้ว +1

    Anyone know if Oanda has a referral program?

    • @koi2uso
      @koi2uso 5 ปีที่แล้ว

      no

  • @Lunkyful
    @Lunkyful 5 ปีที่แล้ว

    Oanda has finance charge not swap, do you know where to find the amount charged per currency pair?

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      Finance charge is the same as swap I believe. You can use this calculator: www1.oanda.com/forex-trading/analysis/financing-calculator

  • @jcaban07
    @jcaban07 5 ปีที่แล้ว +1

    Please what do you think about Tradersway???

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      I don't have an option because i don't know them... will do some research :)

    • @D3vinePurp0se
      @D3vinePurp0se 5 ปีที่แล้ว +4

      I think it's a scam because I'm from Dominica. They have a Dominica based address which does not exist. Most people from Dominica does not even know about Forex Trading

  • @HEWILLRISE93
    @HEWILLRISE93 3 ปีที่แล้ว +1

    Is oanda good in USA?

    • @DesireToTRADE
      @DesireToTRADE  3 ปีที่แล้ว +1

      Yes, it's one of the good options for U.S. Residents. Here are other options: th-cam.com/video/1G0CxoBc-eQ/w-d-xo.html

  • @oc98mciver
    @oc98mciver 2 ปีที่แล้ว

    whats the best broker for crypto in the UK? I need help lol

  • @sikatamadhulika6830
    @sikatamadhulika6830 3 ปีที่แล้ว

    Very helpful. Thanks very much.

  • @sparetacusmotovlog5360
    @sparetacusmotovlog5360 3 ปีที่แล้ว

    please review UMARKET as a broker, withdrawals etc

  • @pavels5314
    @pavels5314 3 ปีที่แล้ว

    can i make a retailer account on it? like an account that wont let me go into debt

    • @jamesrobert3561
      @jamesrobert3561 3 ปีที่แล้ว

      As a beginner forex trading might seem a bit difficult so it is a good idea to do your own research, learn a trading strategy to help secure trade with and take your decisions to ensure proper trade outcomes,This is my testimony, I have suffered a lot trading with binary strategy and I lost much last 2 years, but when I was introduced to Mr charles strategy I see good difference and his strategy helped me so much from grass to grace and I have made a lot of profits from 30% to 90% you can seek for his help via mail..

  • @markcooper6000
    @markcooper6000 4 ปีที่แล้ว +1

    HI THERE JUST HERD A COMMENT YOU MADE WITH OANDA BROOKER NOT BEST FOR SCALPING/ILIKE TO SCALP 20 PIPS ONE TIME FRAME CAN YOU RECOMMEND A GOOD BROOKER MANY THANKS

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      You could check AxiTrader. They have a pro account with a much lower spread. My review is here: th-cam.com/video/3m-hYj0BSxw/w-d-xo.html

  • @missolivedd
    @missolivedd 5 ปีที่แล้ว +2

    Oanda is currently my broker, they're good!

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว +1

      Fantastic 🙌📈

    • @jovenperezjohnnyfabian6267
      @jovenperezjohnnyfabian6267 4 ปีที่แล้ว

      Hello, you still trading whit oanda in 2020???? How is that broker this year. Im planing to open and account. Please help. Im in usa

  • @chefron8
    @chefron8 4 ปีที่แล้ว +1

    I really like Oanda until I really had to deal with their customer service. I'm looking for a new broker.

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว +1

      Yeah I do agree that they're not the best for customer service. Perhaps look at Pepperstone or AxiTrader. Those are the ones I use

    • @DuongTran-ph8xg
      @DuongTran-ph8xg 4 ปีที่แล้ว

      @@DesireToTRADE but can u use that broker if ur in na

    • @chefron8
      @chefron8 4 ปีที่แล้ว

      @@DesireToTRADE Thank you.

  • @wae61706
    @wae61706 5 ปีที่แล้ว

    Hello ET
    William here and I'm having trouble getting my Password reset with OANDA
    free demo trading account . What's the best way to do this because it's taking me everywhere but to the right place , So that I can reset password.

  • @shubhandford9635
    @shubhandford9635 3 ปีที่แล้ว

    can I trade stock indices on Oanda?, it says I can but when I tried to add it to the symbols nothing came up

  • @darrentod
    @darrentod 4 ปีที่แล้ว

    Is there a minimum amount you need to be able to trade Gold?

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว +3

      Gold requires more capital than any Forex pair. You need around 20% of your position as margin requirement (but that depends on your region & may change over time). More details here: www1.oanda.com/resources/legal/asia-pacific/legal/margin-rates

  • @mikedok1
    @mikedok1 5 ปีที่แล้ว +2

    What is the minimum amount of money to start oanda? Like $250?

    • @Doubleteverything
      @Doubleteverything 5 ปีที่แล้ว +1

      mikedok1 no minimum

    • @mikedok1
      @mikedok1 5 ปีที่แล้ว

      Doubleteverything Thank you.

    • @MrReloadshot
      @MrReloadshot 5 ปีที่แล้ว

      mikedok1 how is there no minimum but why when I add $15 and try to trade it says not enough money

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว +11

      Probably your position size is too big

  • @martinnamcash9283
    @martinnamcash9283 4 ปีที่แล้ว

    With how much should I start minimum amount

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      It doesn't matter how much you start with as long as you have a plan to scale up!

  • @SALMANKHAN-pk2xe
    @SALMANKHAN-pk2xe 2 ปีที่แล้ว

    Why does income tax arise?

  • @Bryan-kn6ic
    @Bryan-kn6ic 5 ปีที่แล้ว +1

    Can u scale in and out of trades.

    • @DesireToTRADE
      @DesireToTRADE  5 ปีที่แล้ว

      Yes but I believe it might be different if you're in the US

  • @manivannan5916
    @manivannan5916 5 ปีที่แล้ว +6

    talk about fxcm and pepperstone

  • @razial5745
    @razial5745 3 ปีที่แล้ว +1

    I'm trying to figure out how to get a 1099
    From them. Need to file taxes

    • @jamesrobert3561
      @jamesrobert3561 3 ปีที่แล้ว

      As a beginner forex trading might seem a bit difficult so it is a good idea to do your own research, learn a trading strategy to help secure trade with and take your decisions to ensure proper trade outcomes,This is my testimony, I have suffered a lot trading with binary strategy and I lost much last 2 years, but when I was introduced to Mr charles strategy I see good difference and his strategy helped me so much from grass to grace and I have made a lot of profits from 30% to 90% you can seek for his help via mail..

  • @austinmueller2889
    @austinmueller2889 3 ปีที่แล้ว

    Can you trade NAS100 and US30 with Oanda?

    • @DesireToTRADE
      @DesireToTRADE  3 ปีที่แล้ว

      Yes, you can see the full list of pair and CFDs here: www.oanda.com/sg-en/trading/instruments/

    • @jamesrobert3561
      @jamesrobert3561 3 ปีที่แล้ว

      As a beginner forex trading might seem a bit difficult so it is a good idea to do your own research, learn a trading strategy to help secure trade with and take your decisions to ensure proper trade outcomes,This is my testimony, I have suffered a lot trading with binary strategy and I lost much last 2 years, but when I was introduced to Mr charles strategy I see good difference and his strategy helped me so much from grass to grace and I have made a lot of profits from 30% to 90% you can seek for his help via mail..

  • @milardothegoat4864
    @milardothegoat4864 ปีที่แล้ว +1

    great video love it

  • @pleroma5924
    @pleroma5924 4 ปีที่แล้ว +1

    Can you trade WTI CRUDE AND BRENT on MT4

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว

      You can find the list of instruments provided by Oanda here: www.oanda.com/sg-en/trading/instruments/

    • @pleroma5924
      @pleroma5924 4 ปีที่แล้ว

      Wait I think I read UNITED STATES citizens cant trade CFD’s thru this broker

    • @DesireToTRADE
      @DesireToTRADE  4 ปีที่แล้ว +1

      @@pleroma5924 yes, CFD's are regulated by the Securities and Exchange Commission. Brokers that are properly regulated shouldn't be able to offer these to US citizens.

    • @christophercharlestin9640
      @christophercharlestin9640 4 ปีที่แล้ว

      Etienne Crete - Desire To TRADE so what regulates brokers can I trade xau/usd on?

  • @deneuve5090
    @deneuve5090 3 ปีที่แล้ว

    Anyone from Philippines that can confirm if this broker OANDA is legit? Yung nakapag withdraw ka ng profit ng ayos?

    • @DesireToTRADE
      @DesireToTRADE  3 ปีที่แล้ว

      Oanda is a regulated broker no matter where you are in the world.