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Does anyone on this forum have experience with Oanda? This broker was pretty well known for its currency data service, but is it any good for trading? What about pricing? Cost to value?
Is it available and suitable for investors living in Switzerland?
Hi there,
There are a number of non-Swiss online trading platforms which charge fees lower than those charged by Swiss brokers. However, trading with foreign brokers is not recommended for inexperienced traders as many legal issues must be considered.
In any case, it is important to thoroughly compare the exact services and costs of a broker or trading platform before your invest through it.
The interactive online broker comparison on moneyland.ch lets you compare the costs of all Swiss online brokers which are licensed by FINMA.
Best regards from Moneyguru
