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  • #6,301
  • Sep 14, 2020 1:15am Sep 14, 2020 1:15am
all US and US related entity cut relation with any Chinese personnel and divide world into black and white lol
  • #6,302
  • Sep 14, 2020 1:20am Sep 14, 2020 1:20am
Quoting loopd
all US and US related entity cut relation with any Chinese personnel and divide world into black and white lol
That is not good, we are only small investors not those related-guys
Forex, my love!
  • #6,303
  • Sep 14, 2020 8:20am Sep 14, 2020 8:20am
Quoting TaoJin88
{quote} That is not good, we are only small investors not those related-guys
hi bro~! i am in china too, have been with OANDA for 10 years~ , but just receive the cancellation email, feel very sorry for that~
do you have any alternative brokers which is suitable for guys who live in china? thanks~
  • #6,304
  • Sep 14, 2020 9:02am Sep 14, 2020 9:02am
Quoting goodlsj
{quote} hi bro~! i am in china too, have been with OANDA for 10 years~ , but just receive the cancellation email, feel very sorry for that~ do you have any alternative brokers which is suitable for guys who live in china? thanks~
Hi, many brokers we can use, most of them are offshore brokers, but I cannot find one with such lower spreads with indices and oil

I have swissquote accounts, will use this one for the safe of funds.
Forex, my love!
  • #6,305
  • Edited 10:18am Sep 14, 2020 9:48am | Edited 10:18am
Quoting TaoJin88
{quote} Hi, many brokers we can use, most of them are offshore brokers, but I cannot find one with such lower spreads with indices and oil I have swissquote accounts, will use this one for the safe of funds.
thank you, i am thinking about IB, have you try that one before?
  • #6,306
  • Sep 14, 2020 9:58am Sep 14, 2020 9:58am
TWS is too complicated for me, and the leverage is something low, and not easy to deposit and withdraw here
Forex, my love!
  • #6,307
  • Sep 14, 2020 4:19pm Sep 14, 2020 4:19pm
Quoting goodlsj
{quote} thank you, i am thinking about IB, have you try that one before?
IB has better spreads and lower swaps than Oanda but it has an atrocious platform that isn't trader friendly.
  • #6,308
  • Sep 15, 2020 11:00am Sep 15, 2020 11:00am
Quoting Hutch
{quote} IB has better spreads and lower swaps than Oanda but it has an atrocious platform that isn't trader friendly.
thank you for your answer.
  • #6,309
  • Sep 19, 2020 5:17am Sep 19, 2020 5:17am
Quoting goodlsj
{quote} thank you, i am thinking about IB, have you try that one before?
If you mean Interactive Brokers and you live in the USA, you need to have 10 million to trade spot forex with them.

Only 4 choices in the USA.

Forex.com (Gain Capital)

IG

Oanda

TD Ameritrade ( I think they are still independent)

- Ric
Be humble or get humbled
  • #6,310
  • Sep 19, 2020 5:22am Sep 19, 2020 5:22am
Quoting pipmaster77
{quote} Been trading offshore with "unregulated" brokers for 6+ years. I do not experience any cheating, tricks, ridiculous spreads, admin fees or anything OANDA customers experience. Not trying to be argumentative, but put down the OANDA Kool-aid for a minute, they are one of the biggest scam brokers I've seen. They just hide it behind "regulation"
Hey there,

Did you mention which "unregulated" broker that was you used that accepts US clients? If you don't want to make it public, shoot me a message.

Thanks,

- Ric
Be humble or get humbled
  • #6,311
  • Sep 22, 2020 3:25pm Sep 22, 2020 3:25pm
Oanda is great, been using it for over six years.
Love to talk on Discord: DividendGamer#1324
  • #6,312
  • Sep 22, 2020 3:37pm Sep 22, 2020 3:37pm
Quoting Varkeer
Oanda is great, been using it for over six years.
Yes, they are great. If you like high spreads, price manipulation, frozen platforms, admin fees, financing fees,etc, etc......
  • #6,313
  • Sep 22, 2020 3:57pm Sep 22, 2020 3:57pm
Quoting Varkeer
Oanda is great, been using it for over six years.
I have been using Oanda for 15 years and had many secondary brokers that were crap. Oanda might not have the lowest spreads and the lowest swaps but forex brokers that have low spreads and the low swaps usually don't make enough money to offer good support and many of them end up bust. At the end of the day you pay for what you get and I prefer paying more to get more
  • #6,314
  • Sep 22, 2020 4:13pm Sep 22, 2020 4:13pm
Quoting pipmaster77
{quote} Yes, they are great. If you like high spreads, price manipulation, frozen platforms, admin fees, financing fees,etc, etc......
You keep crapping on Oanda and other usa brokers, who do you recommend instead?

- Ric
Be humble or get humbled
  • #6,315
  • Sep 22, 2020 4:41pm Sep 22, 2020 4:41pm
Quoting riclater211
{quote} You keep crapping on Oanda and other usa brokers, who do you recommend instead? - Ric
Just do some research. I don't recommend anyone. I'm only saying there are way better conditions than what are offered by what I consider horrible choices in the US.
  • #6,316
  • Sep 22, 2020 4:45pm Sep 22, 2020 4:45pm
Quoting Hutch
{quote} I have been using Oanda for 15 years and had many secondary brokers that were crap. Oanda might not have the lowest spreads and the lowest swaps but forex brokers that have low spreads and the low swaps usually don't make enough money to offer good support and many of them end up bust. At the end of the day you pay for what you get and I prefer paying more to get more
When you say get more, what exactly are you "getting". Once again, you're situation is different, you are with Oanda Canada and although everything else still sucks atleast your funds are protected. In the US, you get all the horrible conditions PLUS the benefit of no funds protection.
  • #6,317
  • Sep 22, 2020 4:56pm Sep 22, 2020 4:56pm
Actually, I'm going to stay out of this thread. If you guys think these are the best conditions available, that's great. I'm just saying the US brokers think they have you by the balls and treat you as such. They feel they can do whatever they want and you don't have a choice. I'm just saying you do, look around. Like the ad at the bottom SPREADS FROM 0.8. Yeah, that's only on EURUSD and I'm at 0.1, my highest pair is I trade is GBPAUD, I get 2.4, what's OANDA 6-7??? Add that up over the course of a year. Sure I pay commission, it equates to .3 in spread.
  • #6,318
  • Sep 22, 2020 7:05pm Sep 22, 2020 7:05pm
Quoting pipmaster77
Actually, I'm going to stay out of this thread. If you guys think these are the best conditions available, that's great. I'm just saying the US brokers think they have you by the balls and treat you as such. They feel they can do whatever they want and you don't have a choice. I'm just saying you do, look around. Like the ad at the bottom SPREADS FROM 0.8. Yeah, that's only on EURUSD and I'm at 0.1, my highest pair is I trade is GBPAUD, I get 2.4, what's OANDA 6-7??? Add that up over the course of a year. Sure I pay commission, it equates to .3...
So what broker do you use? i want to use it too.
  • #6,319
  • Sep 22, 2020 8:32pm Sep 22, 2020 8:32pm
Quoting pipmaster77
{quote} price manipulation
Don't blame the platform for not knowing how to trade or recognize when to not trade.
Love to talk on Discord: DividendGamer#1324
  • #6,320
  • Sep 22, 2020 8:42pm Sep 22, 2020 8:42pm
Quoting Varkeer
{quote} Don't blame the platform for not knowing how to trade or recognize when to not trade.
lol, that is the biggest joke I've seen in awhile saying I don't know how to trade. I said I wouldn't post here any longer, but couldn't resist. I have been a VERY profitable trader for 10+ years. If you do not believe what I say about Oanda, it's really very simple. Just read through this thread, it offers example after example of what I'm speaking about. I guess NOBODY knows how to trade. Just look at the financing fees they are charging. They call them financing fees because they can no longer call them swaps. You know why that is? None of your orders actually make it to the market therefore there are no swaps. This is simply a "regulated" bucket shop.
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