OANDA – Forex, Cryptocurrencies, Stocks, and Commodities
Starting with cryptocurrencies in 2010, OANDA is the world’s largest forex brokerage, a provider of online forex trading, and a leading provider of margin loans, CFDs, and stock and commodities trading. Today, we have the following products available on OANDA: Forex, Cryptocurrencies, CFDs, Stock, and Commodities.
Our products are not designed for high leverage traders or those seeking quick profits.
We do not recommend leveraging more than 10:1 or your investment may be increased with an unanticipated margin call.
Trading FX and CFD with OANDA will expose you to currency exchange rates, global volatility, market events, and risk. It’s very important that you read and understand the risks and know what you’re doing before trading. Please remember that trading is not a suitable investment.
If you’re new to trading, you should first test trading using a demo account. We will take care of your initial deposit and trading account.
When you open an account with OANDA, you will be able to trade FX and CFD as if you were using a real account.
What is CFD Trading?
A CFD, or “contract for difference” is an asset that is based on the value of an underlying asset. In the case of OANDA, we have FX. What you trade is a margin loan, which allows you to borrow money and place your order with 0% interest.