MadLu: The problem of today's energy markets is that the storage costs are huge compared to the prices. I don't follow too much natural gas, but on oil, storage costs are approximately 50 to 75 cents per month per barrel, which is $6 to $9 per year. ...

OANDA Discussion

What does it change ? If the money is at risk with customers' positions, they will only take a loss if the customers take a loss, so this money won't be needed anymore ... You have to understand that all the trades the customers take are against the ...

Did you know Australian CFD & FX brokers can use your money?

JohnnyCash: We were discussing Fxxxx problem, not the initial poster's problem (from 5 years ago), but did you read the thread ?

Broker denied me from opening an account

Fxxxx, you're right that "being a little fish shouldn't be a problem", as their goal is to get you "hooked" Nothing says you won't deposit more, even far more after... You even have brokers which offer a no deposit bonus to get you started, so ...

Broker denied me from opening an account

Fxxxx: I understand your frustration. Now it doesn't make much sense, as forex brokers are here to do some business and earn some money for themselves. So why would they refuse you/kick you out, unless you have trading practices that is a problem ...

Broker denied me from opening an account

Orabi, as he's speaking of US brokers, he must be a US resident, he won't be accepted pretty much anywhere outside the US. It's pretty sick by the way, but it's like this. fxxxx, that's pretty impressive ! I would love to have more details on the ...

Broker denied me from opening an account

I agree with that. You should at least go with brokers living (allegedly) from commissions, and not market makers which may be happy to margin call you depending on the positions you're holding. Oanda is transparent on the fact they are market ...

OANDA Discussion

Nisda, I guess MOST brokers if not ALL brokers do just that. Usually the login/password to log to their "member area" where you would be able to withdraw is NOT the same as the password/login to log to MT4 (especially as you usually can have several ...

Broker with different password to login platform and website

I often see this kind of thinking. There is another way to see it: If you absolutely want an account to have less than 15% drawdown, it means you have 85% too much capital on it. Those 85% could be invested somewhere else. What is the use to have ...

PAMM account

I saw that FxOpen and FxPrimus were allowing BITCOIN deposits/withdrawals.

bitcoin deposit withdraw broker

Who said they failed BECAUSE of Oanda's practices ? Who blamed Oanda afterwards ? What the hell are you talking about ??? "do a little research beforehand" => That's the reason why their behavior should be exposed so that people know it BEFORE, and ...

OANDA Discussion

Kilian, it's sad when people get so used to bad behavior that they start to find it acceptable. It has nothing to do with "spread robbing" ? So, all the people with their stop hit, maybe just because of the spread widening, and filled at a worst ...

OANDA Discussion

No problem Iris, we have all been new at one point. The chart you posted doesn't reflect that: If their explanation was accurate, you would have a far more stable difference, with prices getting closer towards the future expiry date (that's a month ...

OANDA Discussion

Hi Iris, my post was about the SWAP, not the PRICE. That's market making on low trading (at the broker level) products in all its beauty, aka: Push the price in the opposite direction of the customers' trades. I don't know who is manipulating the ...

OANDA Discussion

I'm pretty sure we understood each other very well, and everybody is able to make their own opinion by reading the thread we are coming from. As I clearly precised in my very FIRST answer to you: "When I was saying "only", it was in reference of my ...

What is Currenex?

HeyYou, I answered in "What is Currenex?" thread: url

Brokers chasing you for negative account balance

Continuation of the CURRENEX discussion from "Brokers chasing you for negative account balance": Who is "they" ? Currenex ? Yes, they only provide the platform, reason why they have NO incentive shutting it down during the CHF event as it doesn't ...

What is Currenex?

Currenex is usually referred to as a "platform". It is indeed a software, but it works like an exchange: All trades entered by anyone on currenex are visible by all the other currenex users and they can transact between them. Some of these users are ...

Brokers chasing you for negative account balance

Lacunoide, Oanda has a quite "custom" MT4 setup and they don't calculate the swaps the same way as other brokers. Swaps are charged/paid by oanda for the REAL time you hold the position (second by second), not once every night for a whole day. So, ...

OANDA Discussion

What are you talking about ???!!!???? Currenex is an exchange, not a market maker. When I was saying "only", it was in reference of my previous post in which I was talking of Currenex, IB and EBS. So, it was the "only" one between the 3, not among ...

Brokers chasing you for negative account balance