Regulated by multiple authorities, including the FCA and NFA, ensuring a level of security for traders.

Offers a wide range of trading instruments, including forex and CFDs, providing diverse trading opportunities.

User-friendly trading platforms available, such as OANDA Trade and MT4, catering to both novice and experienced traders.

Deposit and withdrawal fees can be similar to those charged by banks, potentially increasing trading costs.

Limited base currency options, with only two available, which may not suit all traders.

Customer support is not available 24/7, which could be a drawback for traders needing assistance outside regular hours.