Average Ratings

11 Reviews

  • 5 / 5
    Overall

  • 4.5 / 5
    Ease of Use

  • 4 / 5
    Customer Service

Product Details

  • Starting Price
    $400.00/month
  • Support
    Business Hours
    24/7 (Live Rep)

Vendor Details

  • OANDA
  • www.oanda.com

About OANDA

Trading platform for currency exchange that comes with mobile interface and uses MT4 automated trading. Trades 90+ currency pairs.


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OANDA Features

  • Analytical Reporting
  • Client Management
  • Custom Account Statements
  • Data Backup Scheduling
  • For Money Exchanges
  • Margin Management
  • Market Data Access
  • Position Management
  • Real Time Currency Quotes
  • Real Time Tracking
  • Transaction Management

OANDA Reviews Recently Reviewed!


Great tool

May 27, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: I use OANDA for their currency converter. It's accurate tool that provides great details for the relevant exchange rates. It supports ton of different currencies and has very simple design .

I love that their currency converter is also available for mobile devices via app and most importantly it's FREE.

The "Historical Exchange Rates" has awesome design and it's very useful when certain currency exchange rate need to be tracked. Everything is provided in great details which .You can also get Live Exchange Rates without premium account.

OANDA support demos for the paid services , which in my opinion is very helpful when deciding if you want to go with them .

Cons: I found no Cons. It will be great if they make their currency converter as desktop application , however I am happy to use it online as well.

The Currency converter function will save your transactions

Feb 03, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Very simple to use: both the Desktop and App version.

Cons: Sincerely I am so happy about this SW, that I would only higly recommend it.

Overall: I use mostly the Currency Converter function: wherever I am in the world. I can check in real time if the change that is proposed to me is convenient and bargain with the clerk that I have in front of me. A tool to save time and money.

A good way to get a second opinion on rates.

Jan 19, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: We use Oanda to verify exchange rates before transactions and I am very happy with my usage of it .The calculator has a rich database and the design of the page is pleasant

Cons: I have noticed that they are a little bit slower when it comes to tracking USD fluctuation and updating changes .

Zero entry cost

Apr 14, 2019
5/5
Overall

2 / 5
Ease of Use

3 / 5
Features & Functionality

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: I like that the converter is free and how easily available it is .You literally just have to visit their site .

Cons: A bit slower to update exchange rate changes for more exotic currencies ( primarily talking about JPY )

Amazing tool

Aug 29, 2018
5/5
Overall

5 / 5
Ease of Use

3 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: In the financial sector you always have to be aware of the most recent currency ups and downs and Oanda helps you stay on top of that .It is easy to use and has a very pleasant design .

Cons: Would love for the site to be more mobile friendly as I don't fee it's really worth it to download an app just for doing currency conversions .

I use it every day!

Jul 25, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: I use OANDA in my work to check the most recent rates for the different currencies. Their online calculator is really helpful and it's free. Everything is simple and user-friendly.

Cons: I can't point any downsides of OANDA. I really like the service. I use it constantly and it saves me precious time.

Capterra loader

Good product.

Jan 11, 2018
4/5
Overall

4 / 5
Ease of Use

3 / 5
Features & Functionality

3 / 5
Customer Support

3 / 5
Value for Money

Pros: Easy to use.

Very fast web and mobile app

Accurate conversion

No frills design and UX. Love that.

Cons: One important thing missing is notifications. Perhaps the app or website could introduce a notifications upgrade where if the currency rate changes, the user can get notified.

Good for following the currency trends .

Oct 02, 2018
5/5
Overall

3 / 5
Ease of Use

4 / 5
Features & Functionality

3 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: The free features are a great hook to their premium services .The ability to see various exchange rates in real time and how they've changed in however long you want really enables you to make the best financial decisions for yourself .

Cons: With that being said , I can't really see myself paying what they're charging for their full package .

Very Reliable

Jan 29, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: It's been always my first choice to get info about currency exchange rates, live or historical, very easy to use, very clear & precise, and it's good for businesses that use multiple currencies.

Cons: So far nothing, I didn't face any troubles.

A good trading platform that lacks some of the needed currency pairs

Apr 04, 2018
5/5
Overall

4 / 5
Ease of Use

2 / 5
Features & Functionality

3 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 5.0/10 Not
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Pros: allows ease of market analysis. Chart set up is effortless. Placing and managing trades flows smoothly

Cons: The lack of all exotic currency pairs makes thorough market analysis difficult. Customer support is slow or non existent. Spread and margin requirements are not nearly as good as others

Overall: Ease of Demo trading the Spot forex for beginners

Mobile App is great!

Oct 14, 2016
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Ease of use!

Cons: Print is small; easy to click the wrong currency.

Overall: I have the app on my phone and use it all the time when traveling for business to document exchange rates or to see just how expensive that soup on the menu is. The app is simple to use - you can scroll through a list of all currencies (including obsolete ones) to select, or roll through your favorites. My only quibble is that the list is a bit small and my fat thumb has been known to click on the wrong one.