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  • #6,741
  • Apr 18, 2022 6:26am Apr 18, 2022 6:26am
Is there smn who trade news here?
What is the comission, spread
  • #6,742
  • Apr 18, 2022 9:08am Apr 18, 2022 9:08am
Quoting militrader
Is there smn who trade news here? What is the comission, spread

They did t change commission unless you're a US citizen and can change the option in your back office. It's like .05 USD per side for every .01 lot

The spreads don't change much during news from what I've seen
  • #6,743
  • Apr 18, 2022 6:41pm Apr 18, 2022 6:41pm
Oanda is weak as fuck right now. Exploit them and you'll gain some pips.
  • #6,744
  • Apr 19, 2022 4:57am Apr 19, 2022 4:57am
Hi all,

Apologies for the absence and hope you all had a good weekend.
There was a login issue on April 14th but that has been solved already - Thanks JackintheBox for posting here our contact with us.

Quoting JackintheBox
Talked to them. They apologize and have server problems... since 10 hours now. I really hope that is a huge exception. Never had problems with them.
Any questions, please let me know.

Ton O.
  • #6,745
  • Apr 19, 2022 4:58am Apr 19, 2022 4:58am
Quoting zOrO2kX
OANDA, Please stop activating the "Auto Save Profile" option on each update. It's really annoying! Thanks.
Hi zOrO2kX,

Thanks for your feedback! I've sent this to our developer's team.
  • #6,746
  • Apr 19, 2022 9:59am Apr 19, 2022 9:59am
Quoting hazelj80
{quote} They did t change commission unless you're a US citizen and can change the option in your back office. It's like .05 USD per side for every .01 lot The spreads don't change much during news from what I've seen
thanks mate
so if i open a position do i need to pay for the spread and for the commission as well ? or only for spread?
  • #6,747
  • Apr 19, 2022 10:39pm Apr 19, 2022 10:39pm
Quoting militrader
{quote} thanks mate so if i open a position do i need to pay for the spread and for the commission as well ? or only for spread?
if you choose the commission option the spread gets lower but you will also pay the commission vs paying spread only and of course the spread is higher
  • #6,748
  • Apr 20, 2022 9:03am Apr 20, 2022 9:03am
Quoting militrader
{quote} thanks mate so if i open a position do i need to pay for the spread and for the commission as well ? or only for spread?
Hi militrader,

First, thanks @hazelj80 for replying to this before I did - we really appreciate it! And what hazelj80 said is right: instead of the regular spread, the core pricing option charges 1 pip less in the spread, but charges the same amount in the form of a commission.

The benefit of core pricing of a lower spread is that the take profit will be 0.5 a PIP more likely to trigger, and the stoploss will be 0.5 pip less likely to be taken out.

All information can be found here: https://www.oanda.com/us-en/trading/our-pricing/

Hope that makes sense.

Ton O.

Disclaimer: Leverage trading is high risk. Losses could exceed investment.
  • #6,749
  • Apr 20, 2022 10:57am Apr 20, 2022 10:57am
Hi, a couple of questions.

1. Is the fxtrade mobile platform optimized for android tablet. I am concerned about the larger screen size may not work well.

2. The notification in the app does not seem to work. No notification on trades or price signals. I checked my notifications settings they seem ok. Am I missing something ?

Thank you
  • #6,750
  • Apr 20, 2022 2:33pm Apr 20, 2022 2:33pm
Quoting OANDA
{quote} Hi militrader, First, thanks @hazelj80 for replying to this before I did - we really appreciate it! And what hazelj80 said is right: instead of the regular spread, the core pricing option charges 1 pip less in the spread, but charges the same amount in the form of a commission. The benefit of core pricing of a lower spread is that the take profit will be 0.5 a PIP more likely to trigger, and the stoploss will be 0.5 pip less likely to be taken out. All information can be found here: https://www.oanda.com/us-en/trading/our-pricing/...
Will the core pricing option, with tighter spreads remain constant through the weekend or will Oanda also spike the spread (sometimes tenfold I've seen) on the weekends like on the spread option?
Thanks in advance.
  • #6,751
  • Edited 12:58am Apr 21, 2022 12:43am | Edited 12:58am
Quoting OANDA
{quote} the core pricing option charges 1 pip less in the spread, but charges the same amount in the form of a commission. The benefit of core pricing of a lower spread is that the take profit will be 0.5 a PIP more likely to trigger, and the stoploss will be 0.5 pip less likely to be taken out.
Doesn't it all come down to the same thing?
If i pay 1 pip in commission, yes its true that 1pip smaller spread will positively affect TP and SL by 0.5pip as you say.
But if i don't pay 1 pip in commission, money i saved can be used to move away Sl by 0.5 pip and TP to be closer by 0.5 pip and
the USD amount for my risk and profit will be equal.
Or to be more pedantic, account balance after a loss or profit in both scenarios will end up being the same.
  • #6,752
  • Apr 22, 2022 2:27am Apr 22, 2022 2:27am
Quoting cuchuflito
{quote} Will the core pricing option, with tighter spreads remain constant through the weekend or will Oanda also spike the spread (sometimes tenfold I've seen) on the weekends like on the spread option? Thanks in advance.
Hi cuchuflito,

The core pricing spread will still be variable, although it is lower than the regular spread.

Thanks,
Ton O.

Disclaimer: Leverage trading is high risk. Losses could exceed investment.
  • #6,753
  • Apr 22, 2022 2:28am Apr 22, 2022 2:28am
Quoting aiyahmarklah
Hi, a couple of questions. 1. Is the fxtrade mobile platform optimized for android tablet. I am concerned about the larger screen size may not work well. 2. The notification in the app does not seem to work. No notification on trades or price signals. I checked my notifications settings they seem ok. Am I missing something ? Thank you
Hi aiyahmarklah,

The Fxtrade platform is available for tablets that run Android. Also, our team is aware of the notification not working properly for Android devices. It's something we are hoping to get it fixed soon.

Thanks,
Ton O.

Disclaimer: Leverage trading is high risk. Losses could exceed investment.
  • #6,754
  • Edited 9:09am Apr 22, 2022 8:51am | Edited 9:09am
Hi Ton O,

It's really great that you respond here. I am wondering if you can answer a question that I posted here since I mention Oanda:

https://www.forexfactory.com/thread/...-forex-brokers

Also, do you require that I provide my bank credentials to a third party in order to withdraw funds?

Thank you.
  • #6,755
  • Apr 24, 2022 1:58am Apr 24, 2022 1:58am
Quoting OANDA
{quote} Hi cuchuflito, The core pricing spread will still be variable, although it is lower than the regular spread. Thanks, Ton O. Disclaimer: Leverage trading is high risk. Losses could exceed investment.
Thanks.
Hope lower than this:

Check the difference between the weekend spread of Ic markets versus Oanda. (Ic Markets has zero spread if you pay commission).


AUDNZD Oanda: 21.7 (!!!)
AUDNZD Ic Markets: 3,7.
  • #6,756
  • Edited 2:21am Apr 24, 2022 2:07am | Edited 2:21am
I donīt want to pester OANDA, but facts are facts.
If you trade :
D1, 240 or even 1 H, and keep your position through the weekend. Any spread over 20 is literally untradable.

Below is a screenshot of a few pairs, including majors.
9 out of 16 are more than 10 pips.
7 are more than 15.

Eurgbp is a whopping 8,5 (major pair right). (only 3 pips on IC Markets).

Also, I posted a cadjpy M5 with the spread lines.
Basically, Oanda is too expensive for day trading. Only very few pairs are tradable on higher TF, I mean very few.
And I am NOT advertising Ic Markets, there are simply no "innocent brokers" they are all after retailer meat.

And last but not least, to be fair, OANDA is the only broker offering unit trades, meaning you can adjust your stop loss risk to the cent (not counting weekend spread, slippage, etc.)
That is a huge plus.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Oanda.png Size: 297 KB
Click to Enlarge Name: Oanda weekend chart cadjpy.png Size: 245 KB
  • #6,757
  • Apr 25, 2022 9:11am Apr 25, 2022 9:11am
Quoting vbmark
Hi Ton O, It's really great that you respond here. I am wondering if you can answer a question that I posted here since I mention Oanda: https://www.forexfactory.com/thread/...-forex-brokers Also, do you require that I provide my bank credentials to a third party in order to withdraw funds? Thank you.
Hi vbmark,

I've answered your question in the other thread. Regarding withdrawal - it depends on what form of withdrawal you will use, depending also where your account is based.

Hope that helps!
Ton O.

Disclaimer: Leverage trading is high risk. Losses could exceed investment.
  • #6,758
  • Apr 26, 2022 10:46am Apr 26, 2022 10:46am
Quoting OANDA
{quote} Hi aiyahmarklah, The Fxtrade platform is available for tablets that run Android. Also, our team is aware of the notification not working properly for Android devices. It's something we are hoping to get it fixed soon. Thanks, Ton O. Disclaimer: Leverage trading is high risk. Losses could exceed investment.
Thank you for your reply. Please do get it fixed soon. I think your disclaimer should read,

"Disclaimer: Leverage trading is high risk. Losses could exceed investment. Sometimes it can be due to crappy broker apps."
  • #6,759
  • Apr 29, 2022 3:16am Apr 29, 2022 3:16am
Hello traders!

The weekend is coming up soon and I want to remind you that you can follow OANDA | FX Services on Twitter here: https://twitter.com/FXDataServices for news and more.

Also, if you have a problem with your account that requires immediate attention, please reach out to our team via email, phone or chat.

Happy trading!

Ton O.

Disclaimer: Leverage trading is high risk. Losses could exceed investment.
  • #6,760
  • Apr 30, 2022 9:06am Apr 30, 2022 9:06am
Quoting OANDA
Hello traders!
I currently have Oanda credentials that will feed NinjaTrader. This is just a data feed, not associated with my live Oanda account.

I have been using this for a while with no issues.

My question, is are there any plans in the future to do what is necessary to allow TRADING through NinjaTrader with an Oanda account?
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