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- MagnumPI replied May 10, 2020
Hahaha. Nice new margin requirements. Did this only hit Canadians? Crazy massive jump in margin requirements. Many traders will probably wake up in margin calls... I think it was about $160 or so to buy 1 uspx 500 and now it is $535 I have never ...
- MagnumPI replied Feb 20, 2020
This is what I am trying to explain to you and more importantly to anyone who happens to be reading this thread so they do not get false info. That calculator is an estimate of the old way interest was charged so it is completely useless now. Not ...
- MagnumPI replied Feb 20, 2020
Hey bs4 I hope you realize that the Oanda interest rate calculator you are looking at is inaccurate! Maybe you do and you are just putting it up for an example. I think that is the old rates. I really really really wish those rates were accurate... ...
- MagnumPI replied Jan 12, 2020
Hey guys a few quick questions if anyone happens to know. Does anyone know what the admin fees were before Dec 9th on CFDS and currency. For CFDS it is now 2.5%. I think it was 1% but I repeat "think". Can anyone confirm this. And also for forex ...
- MagnumPI replied Jan 6, 2020
This was definitely very classy of Oanda. That gave me a lot of confidence as well. However Oanda was bought out around a year ago I think. I have no idea what the future holds. I am not confident. I am hoping they will come to there senses and ...
- MagnumPI replied Jan 6, 2020
You nailed it pretty good with this post but I hope they dont go the Refco way. In a year or two I am sure upper management will be regretting this change big time.
- MagnumPI replied Jan 6, 2020
I dont know what you mean it is getting more expensive for forex brokers to sign up new accounts? And I mean if they are going to get more creative like that it will backfire. You get traders losing money they will just leave. Its better to take a ...
- MagnumPI replied Jan 5, 2020
Yes you are right this is happening now. They keep the spreads tight giving you the illusion they are very fair. Then they blow out the swaps and you end up paying so much more its crazy. Another nasty thing Oanda does is lump all the interest into ...
- MagnumPI replied Jan 3, 2020
Here is a pair I just dont understand. At Oanda USD/CAD -9.15 and -13.07 At Dukascopy USD/CAD -1.29 and -1.75 Also I should mention at Duka I am quoting there worst price as they have 3 tiers.
- MagnumPI replied Jan 3, 2020
Does anyone know the best brokers as far as swap rates go? I know a lot of you guys can only use USA brokers. If anyone knows any good brokers for swaps anywhere please post here. I have been looking around. Its not always easy to find them on the ...
- MagnumPI replied Jan 3, 2020
In regards to the FIFO. I am not worried about it right now as I dont think it effects Canadians. I wanted to understand it better just in case it comes here. I dont trust anything anymore. I hope it never comes here. And yes I do have a bot. I do a ...
- MagnumPI replied Jan 1, 2020
Hoping the swap charges today are for the weekend as well so a triple day. I wish they would post it somewhere so we new how many days it was for. Gonna be very curious to see how the swaps are going forward. Hopefully like a few of you have ...
- MagnumPI replied Dec 31, 2019
Hey bud sorry to be a pain but I am still not getting it. Maybe it would be easier if I think of it in manual trading. So if i buy USD/EUR first a 100units then 300 units and then 600 units. Are you saying that in order to get out I have to actually ...
- MagnumPI replied Dec 30, 2019
Hey Sasky! Do you know how often the swaps are updated throughout the day? Unfortunately I am not at home during the day or I would try to monitor it. Also I know the interest goes though at 5pm eastern time so lets say at 4:45 would the swap rates ...
- MagnumPI replied Dec 30, 2019
You are totally right. What a racket! I saw your post early in the morn. I had very little time before I had to leave. So I just quickly looked at the swap rates and felt sick to my stomach. I go to work.I finally get home and decide whats the best ...
- MagnumPI replied Dec 29, 2019
Hey bud. Just fyi I am not going to leave this forum. I really really really appreciate you posting here. I am doing a ton of stuff and have limited time but I will do my best to keep up. Also they hold my posts to be reviewed. I guess because I am ...
- MagnumPI replied Dec 29, 2019
Hey bud. No probs about the IB info. You are sure the Oanda charges will settle down in the New Year? I am not sure of that but am sure hoping that. I dont understand how they were able to offer good rates for so long. Why cant they do that now? If ...
- MagnumPI replied Dec 28, 2019
That is so awesome you were able to crush it back in 2005/2007. Ah the good old days!!! Does there happen to be any of these brokers around now that dont charge any swap or fees? I highly doubt it. Do you happen to know the places with the most ...
- MagnumPI replied Dec 28, 2019
Hey bud. That is an awesome idea. What I will tell you from experience is that if there is a good opportunity it probably wont last long. My guess is Oanda will thread the needle and find a middle ground where it is very hard to arb but still ...
- MagnumPI replied Dec 28, 2019
Can I join the party? Oanda just took a baseball bat to my head as well. What a complete joke. At times I am paying over 10 times what I used to pay. Randomly if you are long the EUR or GBP against almost anything you get demolished in interest ...
- Posts by Member Search: 'MagnumPI'