Hi guys,
Recently Oanda started to offer CFDs for Asia Pacific Accounts. However i noticed that the quote from Oanda is actually 5pips mark up from another broker i use
(Axi-trader). I talked to Oanda about this but they insist that they derived the price correctly, so thats nothing much i can do about it.
However, what to note is 5 pips difference in S&P 500 is approximately $5 difference in XAU/USD, which is a significant.
Attached is the screen shot, everyone take a look. Higher marked up pricing is from Oanda, the latter is from Axi-trader.
Nicholas.
Recently Oanda started to offer CFDs for Asia Pacific Accounts. However i noticed that the quote from Oanda is actually 5pips mark up from another broker i use
(Axi-trader). I talked to Oanda about this but they insist that they derived the price correctly, so thats nothing much i can do about it.
However, what to note is 5 pips difference in S&P 500 is approximately $5 difference in XAU/USD, which is a significant.
Attached is the screen shot, everyone take a look. Higher marked up pricing is from Oanda, the latter is from Axi-trader.
Nicholas.