OANDA is one of the world's leading forex brokers offering competitive pricing to clients。It offers competitive pricing through tight spreads。OANDA offers two pricing options, spread only and spread plus commission。This means that OANDA uses a clear and transparent pricing model, and traders can choose to pay spreads through OANDA's spread-only pricing option, or use the commission model to get a lower spread.。How to operate it specifically？

OANDAWhat is the point difference？

For spread-only pricing, the commission has been incorporated into the spread provided by the broker, so the trader only pays the spread。For spread plus commission pricing, traders can get better spreads than spread only pricing。Traders only pay a fixed commission on each trade。The total cost of each transaction is the sum of the commission and the appropriate core spread.。spread of core pricing from0.1 point start, $40 commission per $1 million trade。

OANDAHow to determine pricing？

JustOANDA's pricing approach, which is based on financial instruments provided by brokers, is discussed below.。

Foreign exchange and metal CFDs (CFDs）

The pricing of foreign exchange and metal CFDs is based onLiquidity providers used by OANDA。These liquidity providers are actually large financial institutions that provide brokers with real-time prices for forex pairs and metals。OANDA generates pricing for different financial instruments using a variety of different liquidity providers。

For traders who need high precision quotes,Oanda is an option。This is because OANDA is a broker that offers 5-digit precision quotes and active price fluctuations based on market dynamics.。The broker's orders are also executed faster。

For novice traders, this is beneficial for them because they can trade using a calculation system based on currency value instead of adopting the lot number system adopted by other brokers。

OANDA was founded in 1996 by Dr. Michael Stone, a computer engineering lecturer at the University of Toronto, and The Olsen Ltd, a leading econometric research institution..co-founded by Dr. Richard Olson。They have headquarters in San Francisco, USA。

OANDA has branches all over the world, some of which are located in the UK, Singapore, Japan and Canada。With so many branches, OANDA is getting more and more attention from customers around the world。

OANDA's companies are registered in financial transactions in several well-known jurisdictions, including the CFTC and NFA in the US, the FCA in the UK, ASIC in Australia, etc.。Traders no longer need to worry about security when trading at OANDA。However, these advantages make OANDA's trading rules more stringent than other brokers。

For example,OANDA only allows a maximum leverage ratio of 1: 20, as US and Japanese regulations do not allow this leverage ratio to be exceeded。In addition, the registration process is more complicated due to the additional requirements that other Forex brokers do not submit。In addition, customers must open additional accounts to hedge, and hedging is not allowed in a trading account.。

Nevertheless,OANDA is known for the many advantages it offers。In times of price volatility, such as economic and political news announcements, Oanda is exposed to increased market risk。When the market spread increases or decreases, its pricing engine adjusts the spread accordingly。In this way, traders can get the latest information from market price movements more quickly。

Market conditions move quickly, especially when news announcements have a significant impact on market volatility。Brokers often exploit this situation to profit from re-quotes。However, the trader is in contact with theNo need to worry about extra fees when trading OANDA。

The firm never makes re-quotes, so traders get maximum profit。When traders cannot monitor their positions, they can set a take profit order to lock in profits and a stop loss order to help prevent further losses。

As an experienced and well-known online forex broker,OANDA is committed to maintaining an efficient trading environment, reducing delays and providing tools to help clients manage acceptable levels of slippage。

OANDA provides a fast and reliable trading platform, customers can trade in 0.Execute within 012 seconds。This applies to traders who choose a broker based on execution speed。

Due to excellent executive service,OANDA has received many awards, including the title of Best Global Retail Forex Platform at the prestigious e-FX Awards。The broker also won first place in filling quote consistency, execution speed and platform reliability.。

OpeningNo minimum deposit or minimum balance required for OANDA accounts。Very convenient for deposit and withdrawal。OANDA offers multiple payment methods including Paypal, wire transfer, credit and debit cards。Traders can adjust according to the region。

OANDA offers more than 100 trading instruments, including 71 currency pairs, 16 indices, 8 commodities (Brent, copper, corn, natural gas, soybeans, sugar, etc.), 6 bonds and 23 metals.。

OANDA offers fxTrade and MetaTrader platforms。These platforms are available for desktop and mobile devices。In addition, they have OANDA technical analysis in collaboration with technical analysis provider Autochartist。

Through these platforms, customers can more easily monitor price movements and automatically identify patterns formed on the chart, while receiving reminders when expected patterns appear。This technology can be used for free。

All in all,OANDA is an ideal broker offering fast execution and years of experience support for traders。The company is also a good choice for those looking for a well-regulated broker and offering flexible trading and deposit conditions.。

Index CFDs (CFDs）

OANDA calculates the pricing of its index CFDs based on the relevant futures price and the "cash" or "spot" price associated with the underlying financial instrument.。The broker then makes some modifications, such as adding its own spreads, taking into account currency exchange rate differences, external market liquidity and other relevant factors。Modifications and adjustments can also be made to show market fluctuations after dividend payments。

COMMODITY AND COPPER CFDs (CFDs）

The price of OANDA's commodity (including copper) CFDs is calculated based on the underlying futures contract.。This means that when one underlying futures contract is about to expire, the broker calculates the basis spread rate, which is the price difference between the price of the expiring futures contract and the next futures contract.。Since then, OANDA calculates its CFD price as the current value of the next futures contract, using the basis rate to calculate the current value.。The calculation of the current value is performed continuously every second。Thus, when the basis spread rate is positive, the CFD price is likely to move upward in the direction of the contract price。However, when the basis spread rate is negative, the CFD price is likely to move downward in the direction of the contract price。

OANDADepth of Market

through pricing methods for different classes of financial instruments,OANDA is able to provide tight spreads, but more importantly, this is achieved through depth of market (DoM)。Depth of Market is one of the native features of the MT5 and cTrader platforms, but OANDA also offers it as one of the advanced tools on its platform。Depth of market has the following advantages:

Large volumes can be traded in a single transaction。

Pending orders directly in the market depth window。

normal volume spread from1point start, applicable toEUR/USD。

Buy and sell prices for visible available liquidity。

Full transparency of pricing and spreads。

To be inTo access Market Depth on MT4, go to the Mini Terminal app and click on the spread on the Mini Terminal order ticket。Notably, the Depth of Market feature is not accessible on standard MT4 order tickets or the mobile version of MT4.。

Once the lot number is entered on the mini terminal order ticket, the buy and sell prices above the ticket will be dynamically updated so that the trader can clearly see the entry of the requested lot number/ Closing price and spread。

From tight spreads to market depth, it is clear thatOANDA puts a lot of effort into providing the best trading conditions so that traders can maximize the profits of their trades and reduce the cost of these trades。