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Compare Forex Brokers Oanda And Sigma Forex


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Subjective Ratings

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Oanda

Sigma Forex

Charting: Two star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Zero Execution Rating
Transaction costs (spreads): Four star Transaction Costs (spreads) Rating Five star Transaction Costs (spreads) Rating
User-friendliness: Three and Half star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Four star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Three star Platform Reliability Rating Four star Platform Reliability Rating
Customer support: Three star Customer Support Rating Zero Customer Support Rating
Rollover interest rates: Five star Rollover interest rates Rating Zero Rollover interest rates Rating
Withdrawal processing: Four and Half star Withdrawal processing Rating Zero Withdrawal processing Rating
Average rating: Three and Half star Average Rating Two and Half star Average Rating

Visit Oanda Visit Sigma Forex

Business Details

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Oanda

Sigma Forex

 
Registered Business Name: Oanda Corporation Sigma Forex
Broker Headquarters: Toronto, Canada Oslo, Norway
Also has offices in: Virtual offices in New York and Hong Kong Virtual Office in Zurich, Switzerland
Regulated By: NFA (0325821)
FCM registered with CFTC
Unregulated
In business since year: 2002 2003
Broker Capital as of 11-2008 $170,799,434 Unknown
Client Account Segregation: No No
Collect Taxes on Earnings: No No
Prohibit clients from: Yes Yes
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Check (US clients) $0 $0
PayPal $0 $0
Wire Transfer $0 $0
MethodDeposit FeeWithdrawal Fee
e-Gold $0 $0
Wire Transfer $0 $0
Main liquidity providers: P Morgan Chase, Citibank, UBS, Deutsche Bank and Royal Bank of Canada Private investors

Visit Oanda Visit Sigma Forex

Trading Details

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Oanda

Sigma Forex

 
Browser platform: FXTrade (proprietary) - MAC compatible None
Downloadable platform: No Metatrader 4 (MT4)
Mobile platform: FXTrade (proprietary) - MAC compatible None
Phone dealing: No No
Order processing: Market Maker Market Maker
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Standard Account 50:1* No mininum or maximum requirem 1/10,000,000
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
No Dealing Desk Account 500:1* $2,000/unlimited $1,000/$50,000,000
Dealing Desk Account 500:1* $500/unlimited $1,000/$50,000,000
Swap-free accounts   No swap-free accounts available   - All accounts are swap-free
Tradeable Instruments: 39    26   
No Dealing Desk Execution: Yes Apparently available, but maybe misleading information
Typical spread on EUR/USD: 0.9 pips (0.00009) 1 pip (0.0001)
Fixed spreads: No No
Guaranteed stop losses? No No
Trailing Stops: Server-side Client-side
OCO orders available: Yes No
If/then orders available: Yes No
Hedging capability: No Yes
Automated Trading: No Yes, on MT4
Trading Hours:   Sunday 24:00 GMT to Friday 24:00 GMT
Timezone User-defined GMT
Scalping allowed: Yes No
Account currencies available: USD AUD, CHF, EUR, GBP, USD
Platform languages: Chinese, English, German, Japanese, Spanish Arabic, Bulgarian, Chinese, Czech, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Slovak, Spanish, Traditional Chinese, Turkish
Support languages: English English
Demo account: Unlimited 30 days
Live chat support: Yes Yes, but very poor
Interest on Margin: Yes No
Promotions & tournaments: None Win a $50 account if you predict price. Trading tournaments also available.

Visit Oanda Visit Sigma Forex


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