OANDA Minimum Deposit
Founded way back in 1996, OANDA is today one of the best forex brokers you can find on the market and a company that has been praised by traders, media and their industry peers. Innovation and cutting edge technology are what makes their platform a great place to trade, but there are so many other important features that allow traders to enjoy their time on this platform. OANDA minimum deposit is one of these features and we will examine it thoroughly in this article. Our experts will show you everything you need to know about this important process, so that you know how to make your first steps with this company. Read on!
OANDA Minimum Deposit | Methods
Since OANDA is a big company with subsidiaries all over the world, OANDA minimum deposit methods slightly differ from region to region. In the US, for example, traders can fund their accounts using Visa or MasterCard debit cards, checks and bank wire transfers, whereas in Canada people can use credit cards, PayPal, the aforementioned debit cards and bank wires. On top of that, traders in Europe can use SWIFT wire transfer and UK-based clients also have BACS and CHAPS at their disposal. Specific OANDA minimum deposit methods, such as China UnionPay for example, can also be found in Asian Pacific and Australian region, so make sure you thoroughly check the list of all available methods on the broker’s website. There, you are guaranteed to find something that suits you perfectly.
OANDA Minimum Deposit | Numbers
As you can read in our OANDA Scam Test 2016, there is absolutely nothing to worry about when it comes to your money’s safety. But even better news is the size of OANDA minimum deposit – you are free to deposit as much as you like, i.e. you can start with depositing only $1. This gives you great flexibility when it comes to managing your funds and choosing your trading strategy, as you are free to do whatever you want. We should mention, however, that some transfer methods have higher minimum deposit requirement set by the service provider (e.g. China UnionPay will ask for a $20 minimum), but that’s completely out of OANDA’s control. As far as they are concerned, you are always welcome to trade with them. But there are more very interesting features this broker has to offer, so make sure you read our OANDA Review 2016 for all the info.
OANDA Minimum Deposit | Conclusion
So there you have it –that is what you need to know about OANDA minimum deposit. It’s easy to see why this company has been in this business for 20 years now because all you need to do is take a look at the list of deposit methods and you’ll see how thorough and dedicated people in this company really are. If you want to start trading forex, don’t hesitate for a second and open your OANDA account now.