Finally made it to withdraw all my funds . They charged me 60 Euros for 2 Bank Wires. That´s what I call a friendly Market-Maker.

OANDA Discussion

Hi Drolph, I admire your positive thinking, and thank u for those links. Reaching the 20K threshold, day trading with a 5000 Euro capital is realistic. Like I showed in the calculation above. As to the whole thing "disappearing", I hope you are ...

In 2021, day trading in Germany will be dead

Some more bad news. I just talked on the phone to a German employee from OANDA in the UK. Asked him if OANDA´s forex trades are CFD trades! Yes, they are!!! Meaning, day- trading "CFD Forex", in ...

OANDA Discussion

Some more bad news. I just talked on the phone to a German employee from OANDA in the UK. Asked him if OANDA´s forex trades are CFD trades! Yes, they are!!! Meaning, day- trading "CFD Forex", in ...

In 2021, day trading in Germany will be dead

So finally decided to take advantage of the end of the year, withdrew all my funds, and created a new "Oanda Malta/Eu" account. So far so good.Waiting for my money to reach my bank safely before I fund the new account. Now the options are: Bank ...

OANDA Discussion

The next one: if Forex is the only option left, then sooner or later most German traders will move to forex. Then, sooner or later Scholz will come after us.

In 2021, day trading in Germany will be dead

Correct me if I´m wrong: The law is stamped, at least for now. So you are a profitable trader, 10000 Euros capital. Risk 1% per trade, you daytrade, average 4 trades a day. Loose on 50%, win 1,5 on the other 50%. 200 trading days a year. 800 trades. ...

In 2021, day trading in Germany will be dead

Yes, I read that too Hutch.It does apply full on on CFDs. though. Oanda assured me a while ago,Forex is not a CFD in their books. I guess trading with an non-market-maker broker would clear that issue. Scholz is sadly very smart.He doesn´t ...

In 2021, day trading in Germany will be dead

Still don´t know if it applies to Forex, looks like Scholz neither..

In 2021, day trading in Germany will be dead

Understand Hutch, but from the tone of my chat with customer support, it sounded like , being a EU citizen, I will be allowed to keep my UK account "for now". I guess there´s simply tons of uncertainty with Brexit. I mean, they calculate 2 years, ...

OANDA Discussion

Just contacted them, you can keep the old account and open a new one in the Malta subsidiary (Europe). Or stay in the old one, UK based. You can keep both, "for a while"! It is a completely new account, you have to follow the whole process of ...

OANDA Discussion

Some more on teh subject: url

OANDA Discussion

As far as I understand if you do nothing you have the same account, but without "EU regulations protection". It seems to me they would rather have me "move to the Malta one"... It needs more investigation, there´s a few days left.

OANDA Discussion

Got this e-mail today, as usual, confusing!! I live in Germany. It sounds easier the "gold standard " stay with the same version, but then right away they threaten me with: "you will no longer...." As usual, just from reading the mail, you get the ...

OANDA Discussion

How do you trade cryptos Chamane? My broker charges outrageous spreads.

Hidden divergence