OANDA Discussion

Quoting JackJones

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{quote} It should be closer to the inter-bank rate. Forex trading is all about the inter-bank rates but it seems Oanda are taking a fair chunk of it... I don't think it has always been that way as they were number one for retail carry trading years ago. https://www.myfxbook.com/forex-broke.../oanda-mt4/256 {image} {image}

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Quoting jinsen

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Anyone has two account for oanada. One is mt4 and the other is fxtrade. It seem both has two different spread when I trade both at the same time. Was thinking of changing broker. Their swap for this year seem so high. Why should I pay swap when other broker offer no spread

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Quoting riclater211

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{quote} For banks it is inter-bank. For us we pay what our broker asks for. Banks don't do anything for free. Oanda did used to have to better swap rates, they also used to pay interest on your balance, but overall these amounts are negligible for me and my trading style. Cost of doing business with a a good USA based broker. My only other choices are TD Ameritrade and Gain Capital(FOREX.com) unless I get my hands on $10,000,000. In that case I can move to Interactive Brokers. - Ric

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Quoting limprobable

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Hello, Does anyone now how to make a custom indicator in oanda web platform trading? I have the code but i dont know how to do?

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Quoting Hutch

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{quote} I have an account with Oanda since 2006 and the only problem is that it raises spreads during the news otherwise it's a perfect broker for me especially since I funded my account only during 2006 and after that I withdrew profit many times. I never tried TD Ameritrade but I tried Gain Capital and Interactive Brokers. Gain Capital is good because it offers MT4 so you have a wide choice of EAs and custom indicators. Interactive Brokers' best asset is it's low spread; the worst is their platform that is lousy and this is the reason why I quit...

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Quoting limprobable

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Hello, Does anyone now how to make a custom indicator in oanda web platform trading? I have the code but i dont know how to do? study(title="Envelope", shorttitle="Env", overlay=true) len = input(32, title="Length", minval=1) octave = input(156.25) src = input(close, title="Source") exponential = input(false) basis = sma(src, len) k = octave upper = basis + k lower = basis - k plot(basis, color=orange,offset=-16) u = plot(upper, color=blue, offset=-16) l = plot(lower, color=blue, offset=-16) fill(u, l, color=blue) Green pips

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Quoting limprobable

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It seems possible, look that thread https://www.forexfactory.com/attachm...7&d=1513931614

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Quoting riclater211

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{quote} For banks it is inter-bank. For us we pay what our broker asks for. Banks don't do anything for free. Oanda did used to have to better swap rates, they also used to pay interest on your balance, but overall these amounts are negligible for me and my trading style. Cost of doing business with a a good USA based broker. My only other choices are TD Ameritrade and Gain Capital(FOREX.com) unless I get my hands on $10,000,000. In that case I can move to Interactive Brokers. - Ric

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Quoting Truth-

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OANDA has a massive security breach this weekend. Logging in to the web platform (not the desktop software) is giving me access to the accounts of random clients each time. I've taken loads of screen shots of the accounts of other clients. OANDA has no 24/7 security contact info. This is gross incompetence. As soon as they are open I will be closing all my positions (even at a loss) and closing my accounts with them. I suspect it is their weekend software update gone awry, not hacking, but still they can no longer be trusted with my money.

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Quoting DojiSan

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I can't seem to log on my account.

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Quoting Achilles28

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For Canadians....... Can a Canadian citizen fund with an E-transfer to Oanda from a Canadian bank?

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Quoting Truth-

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OANDA has a massive security breach this weekend. Logging in to the web platform (not the desktop software) is giving me access to the accounts of random clients each time. I've taken loads of screen shots of the accounts of other clients. OANDA has no 24/7 security contact info. This is gross incompetence. As soon as they are open I will be closing all my positions (even at a loss) and closing my accounts with them. I suspect it is their weekend software update gone awry, not hacking, but still they can no longer be trusted with my money.

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Quoting Hutch

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{quote} I wish you luck in getting your hands on $10,000,000 but if you did it would be totally insane to trade with Interactive Brokers because there is only a $500,000 account protection in case of the firm goes bust but with a total limit for all the claimants of $30 million. It's, therefore, vey unlikely that the protection of $500,000 per customer would be honored. https://www.interactivebrokers.co.uk...t%2bprotection If you want real account protection please look at this thread https://www.forexfactory.com/showthr...8#post12254648...

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