How to make money from Oanda Review – Is Oanda Scam?

How to make money from Oanda Review – Is Oanda Scam?

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The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. Electronic Broking Services (EBS) and Reuters 3000 Xtra are two main interbank FX trading platforms. The foreign exchange market determines the relative values of different currencies.[1]
The foreign exchange market works through financial institutions, and it operates on several levels. Behind the scenes banks turn to a smaller number of financial firms known as “dealers,” who are actively involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the “interbank market”, although a few insurance companies and other kinds of financial firms are involved. Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars.[citation needed] Because of the sovereignty issue when involving two currencies, Forex has little (if any) supervisory entity regulating its actions.
The foreign exchange market assists international trade and investment by enabling currency conversion. For example, it permits a business in the United States to import goods from the European Union member states, especially Eurozone members, and pay euros, even though its income is in United States dollars. It also supports direct speculation in the value of currencies, and the carry trade, speculation based on the interest rate differential between two currencies.

In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying some quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world’s major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.

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  • Kuras FX says:

    so when you write "Is Oanda a scam" in the title, you just want to get traffic on your video?
    This is a promotion nothing else  

  • Yes Oanda is a scam! They're spreads fly all over the place. Especially when your stop loss is close they increase the spread to take your stop loss. Because if 95 percent of traders on the forex market loose money it might as well be to Oanda. This is the task of a dealers desk and market maker.

  • Nic Sievers says:

    Promotional video click bait. Why is scam in the title if you don't talk about it?

  • THE VICTOR says:

    I recently started a business and I wanted forex to be the main source of the income, now though I am an experienced trader I was smart enough to invest my capital in other investments nod sis really well. I looked at Oanda's spreads and have to agree with the other commentators.

    Just got an email from Oanda claiming that the funds we fund our accounts with they actually trade themselves and that they are not responsible for the loss. I was like I thought that they were much more prudent than that. They charge interest and other fees and that money was not sufficient for them? Makes me wonder if they are in financial trouble and this was their kind of way of getting out of paying back investors, traders and creditors.

    I mean it's not hard at all to trade forex. It just takes discipline and patience.

    Good thing I shifted my source of income producing.

  • THE VICTOR says:

    Looks like Oanda is doing well expanding to the UK by hopefully acquiring Alpari.

  • abaham m says:

    if you beat oanda or you make money they freeze the software or even burn the computer or crashes it. it was detected by computer expert.i have to send my Lenovo computer twice it crashed twice to the companyfor repair it java program is dangerous to attack the computer

  • Jas Mann says:

    Can someone tell me a program better than Oanda?

  • So many people say Forex is a scam, because of how much they have lost or so, well i lost over $30,000 following strategies here on online but i never gave up. Today that has become history as i now trade and make over $10k weekly with Mr. Wayne strategy.

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  • qwerty123456 says:

    Oanda is a scam. They randomly gap the price up or down by 2% and take out your stop losses. Dont trade with them, its a bucket shop, not a real interbank market

  • joao lucca says:

    it is a scam, it's founders are both Swiss (Stumm and Olsen) and Olsen's family own one of the oldest banks in Switzerland, BANK JULIUS BAER. Stumm left Oanda when the currency crisis was public, took his money and is now back on the board. They are both thieves and now run BLOCKCHAIN, just crashed bitcoin via Lykke and crashed Prismcoin in Dublin.

  • joao lucca says:

    yes it's a scam…..Olsen is an arrogant Swiss con artist, studied maths at Zurich Uni so he could screw traders and so is his mate James B. Glattfelder who also had talks on TED about anti bankers but Olsen owns Oanda and Glattfelder is a programmer at Oanda.
    They keep all this very quiet and the fact that Olsens family own Bank Julius Baer, this is how the manage to manipulate currency markets. Michael Stumm left Oanda when the currency crisis hit it's peak and is now conveniently back on the board of Oanda. All are crooks.

  • Kevin Harris says:

    All I want to say is watch your stop lost I set my stop loss at only to lose maybe 14 pips but guess what I came came back and for some reason it was at 60 pips for some reason

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