It's not just the code that's cracked....seriously, you expect to sell this stuff? The next thing? What was the first thing? -

A trader does not have to lose before you make profit in the Forex market

Ok, thanks, particularly their terms and conditions rather than a sales reps spiel

I think Oanda FXTrade is unreliable

I've used a few, they're all the same pretty much. ETX (£250 and min 50p a point) and Spreadex (£200 and min £1 a point) seem to be the simplest deals going, others are offering £500 but read the terms and conditions. It's risk-free trading, I've ...

I think Oanda FXTrade is unreliable

He's fast tracking, he can't waste valuable time posting when that time could be used spending all the profits from "finally cracking the code for this forex market".

A trader does not have to lose before you make profit in the Forex market

We've come full circle. You say 'filled with no problem', sure most of the time, but Oanda aren't stupid, they stream quotes loosely based on their liquidity provider(s) quotes, the underlying market, and their book. At times like extreme volatility ...

I think Oanda FXTrade is unreliable

But the thing is even if you did have the entry minimum, is executuon any better? I hear lots of people saying they want to trade in the 'real' market because they suspect foul play by their counterparty but as I'm sure you know yourself these shops ...

I think Oanda FXTrade is unreliable

The best way to get a definitive answer to the question is to phone them up and ask directly, and also ask to see a copy of their term and conditions (I just had a look on their website but couldn't find it). I already know the reply but then who am ...

I think Oanda FXTrade is unreliable

Yep, they're counterparty, they have to be seeing as we don't have lines of credit or agreements in place. That's not to say they'll shade price or manipulate quotes but the potential and incentive is there. You'll probably find a clause or ...

I think Oanda FXTrade is unreliable

Why?

I think Oanda FXTrade is unreliable

All agreed, and for what it's worth I agree Oanda are the best of the bunch if trading with these kinds of shops. For low equity they're ideal, no minimum trade size which allows even the smallest account to exercise sensible money management. ...

I think Oanda FXTrade is unreliable

lol, don't even think about going there bug, I'll rip you a new one and I think you know it, we've crossed paths before! Spend the weekend doing some research, educate yourself, then come back next week and present an argument based on knowledge, ...

I think Oanda FXTrade is unreliable

lol, yep I fell into that one, it must be Friday after a busy week.....well that's my excuse anyway! Ain't that the truth! Guys it's Friday evening here in UK and I am outta here! Thanks for the chat and have a great weekend all!

I think Oanda FXTrade is unreliable

Ummmm....no thanks, my trading blotters aren't going to help you be profitable and they're as irrelevant to the discussion as your blotters are, but thanks for the request!

I think Oanda FXTrade is unreliable

lol, nah pass it on to someone who should be wearing it, there are a couple of suitable candidates right here in this thread!

I think Oanda FXTrade is unreliable

It's semantics, I was just being exacting for the sake of it seeing as the thread had gotten stupid For the sake of simplicity let's just call it 'scalping'.

I think Oanda FXTrade is unreliable

Ah, that's an age old argument that doesn't actually hold water, but it depends on how you manage risk and compound gains. That's one of my 'edges' and I'm not about to go into detail Sorry, I don't follow.

I think Oanda FXTrade is unreliable

There isn't a problem with Oanda.....providing you devise ways to compensate for the 'issues' mentioned, or if not compensate then at least be aware of them. Don't get me wrong, it's still possible to profit which is why I still trade an account ...

I think Oanda FXTrade is unreliable

But as Monroe said, not as profitable and in fact more risky too.

I think Oanda FXTrade is unreliable

Not that I could see, you must be reading a different link or perhaps misunderstanding what you're reading, can you quote the text?

I think Oanda FXTrade is unreliable

Why not do both? I have long term positional trades with one broker and then frequent short term intraday trades (which you define as 'scalping') with another. 3, 4 or 500 pips a day is perfectly achievable, sometimes out of only 1 or 2c moves.

I think Oanda FXTrade is unreliable