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Earlier today, Forex and CFD trading reviews website Online Brokers Australia published a thorough and unbiased consumer review of Forex broker, OANDA Australia. The conclusion being that it excels in the areas of trade execution speed, transparent pricing, customer service, and trader education (one-on-one trader education is available for premium clients). The foreign exchange broker however, unfortunately loses points as they do not provide contracts for difference (CFDs) on equities, however this is of no consequence to those not trading equities.
While other “run of the mill” broker review sites often focus solely on promoting just the good qualities of a product in order to make affiliate sales, Online Brokers Australia strives to tell the complete story.
Stuart Young, Founder and Reviewer at Online Brokers Australia said “Our reputation is immensely important to us. If we don’t tell the truth, we serve no benefit to the online trading community. If people can’t trust us, then we have failed in our mission to provide the very best broker reviews, and make it easy for online traders to choose a quality broker. That’s why we don’t hide behind “faceless” reviews like many other broker comparison web sites do.”
The following extract makes a good summary of the review:
Our OANDA review shows in a variety of ways that they actually want their clients to become successful self-directed traders. Their transparent pricing model is such that they do not profit from losses a trader may have as some other brokers in the industry do. OANDA’s trade execution speed is exceptionally fast and they have won a variety of excellence awards both from within the FX industry and from clients.
Online Brokers Australia was created by Stuart Young in 2014. Stuart Young got the idea for the site when he saw the need to provide a review and comparison site that actually made the broker selection process easy.
Since it first went online, Online Brokers Australia has published many reviews on products in the Forex trading market and always aims to make it easy to choose a reputable, Australian regulated, Forex broker who will meet traders needs, with its reviews.
Stuart Young also adds “For any consumer wanting to check the legitimacy of a review, or know if they can trust the source, I advise them to ensure they know who is actually behind the review or web site. Don’t trust such an important decision on information from a web site that doesn’t clearly state the person/s behind it and their experience.”
Online Brokers Australia’s complete and unbiased write up and review of OANDA Australia broker can be found at https://www.onlinebrokersaustralia.com.au/reviews/oanda-australia/
Release ID: 423147