Oanda
Alison Heyerdahl May 7, 2019 07:46 PM
A popular broker in Kenya, OANDA has a comprehensive education suite, no minimum deposit requirements, low trading fees, and a great mobile trading app. However, Kenyan traders may be concerned that OANDA’s global entity has very little regulatory oversight and that they are not offered negative balance protection. Traders may also be disappointed by the relative lack of financial instruments and high withdrawal fees, but OANDA offers support for both the MT4 and MT5 platforms in addition to a great range of trading tools and detailed market analysis. Despite the poor regulatory oversight and small range of trading instruments, OANDA is a good all-round broker. The low fees will attract many traders, and with the introduction of MT5 support, we expect that the number of trading instruments will increase in the near future.