Well, you're getting specific, so that helps. I'll get more specific too: you are claiming that you are paying the equivalent of a 5 pip spread with Oanda, and only the equivalent of a 1.2 pip spread on ECN. I still feel this is a gross ...

OANDA Discussion

I will say that Oanda might be skewing quotes a bit because of book. But that is an interesting trading opportunity, and not really a 'hidden cost'. In fact, it's more 'hidden profit'. Just measure them against interbank and calculate their ...

OANDA Discussion

You said the effective spread (after 'hidden' costs) was 0.05% round trip versus 0.012% for ECN. How exactly is this different from 5 and 1.2 pips. Are you assuming some obscure base currency?

OANDA Discussion

You know, perhaps if you stopped with the Ad hominem attacks I probably wouldn't spend so much time pin pointing the obvious errors in your statements. I think I take such a perverse pleasure in doing it because you are so amazingly rude.

OANDA Discussion

Actually, I'll have to give pipmutt credit for one thing. While I think it's sheer absurdity to imagine that Oanda can predict the market on a continual basis, I can imagine Oanda profiling traders and using that data against them. This is assuming ...

OANDA Discussion

No Xaron, if you're going to agree with pipmutt, you're going to have to buy into his vague thesis that Oanda has some magical mathematical way of making you pay more than their quoted spread, no matter what you do. It's because they can 'predict ...

OANDA Discussion

You're saying the 'effective spread' on Oanda is 5 pips versus 1.2 pips on an ECN. I'm saying this is pure bull****. And you have absolutely zero to back this up with except vague responses like 'do your own research'. I'm saying - you have zero ...

OANDA Discussion

Would it kill you to provide at least one citation / link to this so called research? You're generally very skilled, amongst the most skilled around here, at providing links to back up your points. I've never heard (and I've googled it after you ...

OANDA Discussion

Hedging is great when you're trading tightly inside the spread and won't be able to get in another trade before the market moves on you both ways. You can simulate this with multiple accounts, however that significantly increases the complexity of ...

NEW MT5 Seriously Stuffed For Traders Platform

Yes, I see the same lag as well. But it's just a software glitch issue. I think having a faster machine might help.

OANDA Discussion

I haven't found anyone who agrees with you. My guess is they simply don't care to correct what is obviously a hyper absurd statement on your part. Oanda is not the most expensive way to trade EUR/USD. And it doesn't have a 5 pip spread. It has a ...

OANDA Discussion

Yes, I get a lot of positive slippage as well as I frequently close trades when momentum is in my favor. Measuring whether it's generally fair seems like a rather challenging mathematical task, however. I generally constrain my trading on Oanda to ...

OANDA Discussion

I'd like to think so but they have strange price charts at time. Doblece, explain something to me, do you think Oanda has a 5 pip EUR/USD spread? Even factoring in so called 'hidden costs' .. whatever that means.

OANDA Discussion

Pipmutt is simply and completely totally wrong. E/U spread on Oanda is very tight, often reaching .9 pips. This 5 pip spread thing is pure and utter nonsense. There are risks to working with Oanda, absolutely, the biggest risk is stop hunting. I ...

OANDA Discussion

Come on, am I the only one who's going to explain what an idiotic statement this is? I've been using Oanda and as long as you trade during high liquidity hours, spread costs are 0.9 pips. Oanda has to be offering/buying inside the spread to provide ...

OANDA Discussion

Heh. That's it, dig deeper.

OANDA Discussion

I thought this was pretty funny: url

OANDA Discussion

Simple facts: I open a trade, I am at a .9 pip unrealized loss (9$ on E/U). I wait ten minutes, the market goes up, I am at 1 pip unrealized gain. I close the trade. My balance goes up $10. I've done this well over 1000 times or so.. Those were all ...

Any brokers guaranteeing stop loss protection?

Interesting ... this is what FXCM does? Does anyone have a cite? So why not set a Stop Loss to a limit order instead of a market order? Will a TP not execute if the limit order is rejected because of fast moving market (ie, it doesn't convert to a ...

Any brokers guaranteeing stop loss protection?

I trade Oanda and I frequently only see .9 pip round trip on E/U. Any experienced Oanda trader here will attest to the same experience. I've never seen 5 pips for EU on Oanda except during news / weekends. And yes, across news they do suck. You can ...

Any brokers guaranteeing stop loss protection?