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  • #3,961
  • Jan 19, 2015 7:23pm Jan 19, 2015 7:23pm
Quoting freundr
Anyone else seeing spreads about 20-60% higher today ? UJ has spent a lot of time north of 2 pips today.. 2.2-2.9 EU..also above 2, currently 2.3 as I type this. GU..3.2 at this time. Has been above 4.0 a few times. AU..4.1 at this time. This is in the absence of news or events and much higher than typically seen. ??
I did find markets a little odd this Monday. Perhaps it being Monday.
Or perhaps a Coverup for last week.
  • #3,962
  • Jan 20, 2015 3:28pm Jan 20, 2015 3:28pm
I think you know Oanda UK will support hedging soon... They can enable in demo account for testing.
Try don't lose pants never...
  • #3,963
  • Jan 20, 2015 3:31pm Jan 20, 2015 3:31pm
Quoting braintheboss
I think you know Oanda UK will support hedging soon... They can enable in demo account for testing.
They always have.Just open a sub account and split your funds
Where price is now, it has been before, and will be again.
  • #3,964
  • Jan 20, 2015 3:32pm Jan 20, 2015 3:32pm
Quoting Jenx
{quote} They always have.Just open a sub account and split your funds
Real hedging...I have demo with that enabled for them
Try don't lose pants never...
  • #3,965
  • Jan 20, 2015 4:02pm Jan 20, 2015 4:02pm
Made a withdrawal from my non-US broker very late Friday. The free of charge wire hit my bank before 10AM this morning. I am sure it would have been there yesterday if no holiday. High leverage, no FIFO, hedging (I don't hedge, but could if I want) and they somehow get my money here in 18 business hours, when my domestic broker takes 4 days. If we all just go offshore, who is going to stop us.
  • #3,966
  • Jan 20, 2015 11:05pm Jan 20, 2015 11:05pm
Quoting freundr
Anyone else seeing spreads about 20-60% higher today ? UJ has spent a lot of time north of 2 pips today.. 2.2-2.9 EU..also above 2, currently 2.3 as I type this. GU..3.2 at this time. Has been above 4.0 a few times. AU..4.1 at this time. This is in the absence of news or events and much higher than typically seen. ??
yes they do... it's like .4-.8 pips higher with my other broker and the AU and GU are just aroung the lines of 2.0 spread.
  • #3,967
  • Jan 21, 2015 4:18am Jan 21, 2015 4:18am
please clarify...

Oanda Singapore, is this broker ecn or market maker?
  • #3,968
  • Jan 21, 2015 4:24am Jan 21, 2015 4:24am
Quoting gajebo
please clarify... Oanda Singapore, is this broker ecn or market maker?
Oanda is a market maker.
  • #3,969
  • Jan 22, 2015 2:16pm Jan 22, 2015 2:16pm
I've been with Oanda for about 7 yrs and had my fair amount of whinges ,not least concerning their "dynamic" spreads but after the last week you have to say they really are the market leaders. Yes ,they are market makers, but at the end of the day the market is the market and Oanda cannot move it alone.
I feel my funds are safe with them no matter what the market throws up and that means a lot.
Where price is now, it has been before, and will be again.
  • #3,970
  • Jan 22, 2015 2:30pm Jan 22, 2015 2:30pm
Quoting Jenx
I've been with Oanda for about 7 yrs and had my fair amount of whinges ,not least concerning their "dynamic" spreads but after the last week you have to say they really are the market leaders. Yes ,they are market makers, but at the end of the day the market is the market and Oanda cannot move it alone. I feel my funds are safe with them no matter what the market throws up and that means a lot.
As long as you want to be in competition with your broker. When you win, they lose. That's why they stop hunt, freeze your platform and widen spreads to take you out. Ask them if they use the virtual dealer plug-in on their MT4.
  • #3,971
  • Jan 22, 2015 2:44pm Jan 22, 2015 2:44pm
A couple of recently updated Oanda reviews, published since the Swiss Franc debacle, and detailed interview with Oanda by Forex Magnates:

http://www.forexscamalerts.com/oanda...-united-states
http://www.fxkeys.com/oanda-review

http://forexmagnates.com/inside-the-...handle-it-all/

Also, for perspective, a useful list of brokers who were affected by CHF, showing some were affected much more than others:
http://forexmagnates.com/forex-indus...-time-updates/
  • #3,972
  • Jan 22, 2015 3:19pm Jan 22, 2015 3:19pm
Quoting Jenx
I've been with Oanda for about 7 yrs and had my fair amount of whinges ,not least concerning their "dynamic" spreads but after the last week you have to say they really are the market leaders. Yes ,they are market makers, but at the end of the day the market is the market and Oanda cannot move it alone. I feel my funds are safe with them no matter what the market throws up and that means a lot.
It amazes me every time somebody says something like that.

I guess MM became like football teams. They should charge a membership fee on these people.

The client is the one who loses, and the client despite being screwed praises them.

You guys either don't understand how MM operates or are plain masochists.

Anyways, if people like to be screwed....just let them!!
So, you think you have rights? LOL
  • #3,973
  • Jan 22, 2015 9:56pm Jan 22, 2015 9:56pm
Quoting coliseum100k
Anybody get Oanda's email? Was titled "URGENT: 100% MARGIN REQUIREMENT - CHF, SEK, NOK ON JAN 26 2015 4:00PM EST"
Yeah, I got it.
  • #3,974
  • Jan 22, 2015 10:02pm Jan 22, 2015 10:02pm
If Oanda offers debit/credit card and stocks it will be close to the perfect broker.

Oanda. You hearing? Please consider issuing credit card and offering stocks!

Thanks
Riding the order flow
  • #3,975
  • Jan 22, 2015 10:42pm Jan 22, 2015 10:42pm
Quoting Binyamin
If Oanda offers debit/credit card and stocks it will be close to the perfect broker. Oanda. You hearing? Please consider issuing credit card and offering stocks! Thanks
One more thing to add to the wish list- don't trade against clients. I agree Forex Oracle, people are clueless. This broker is known for stop hunting, freezing platforms, widening spreads. When you win, they lose. But they are the perfect broker. There is literally no broker left to trade with in the US. NFA is accomplishing exactly what they set out to do. There is no choice but to trade with offshore brokers.
  • #3,976
  • Jan 22, 2015 11:26pm Jan 22, 2015 11:26pm
If they are out to screw traders its funny that they took the losses of their client during the CHF debacle.
Riding the order flow
  • #3,977
  • Jan 23, 2015 12:46am Jan 23, 2015 12:46am
Quoting ForexOracle
{quote} It amazes me every time somebody says something like that. I guess MM became like football teams. They should charge a membership fee on these people. The client is the one who loses, and the client despite being screwed praises them. You guys either don't understand how MM operates or are plain masochists. Anyways, if people like to be screwed....just let them!!
How it affects you probably depends on how you trade.I trade over weeks/months and exact price levels are not critical to me, so how exactly does Oanda screw me?
Yes the variable spreads are a pain in the arse but I just wait until they are acceptable before closing out a position.
I also think the 20€ withdrawal fee is too much but thats about it.
Where price is now, it has been before, and will be again.
  • #3,978
  • Jan 23, 2015 12:55pm Jan 23, 2015 12:55pm
Quoting Binyamin
If they are out to screw traders its funny that they took the losses of their client during the CHF debacle.
precisely
Where price is now, it has been before, and will be again.
  • #3,979
  • Jan 23, 2015 1:17pm Jan 23, 2015 1:17pm
Quoting Profit Daily
Made a withdrawal from my non-US broker very late Friday. The free of charge wire hit my bank before 10AM this morning. I am sure it would have been there yesterday if no holiday. High leverage, no FIFO, hedging (I don't hedge, but could if I want) and they somehow get my money here in 18 business hours, when my domestic broker takes 4 days. If we all just go offshore, who is going to stop us.
I'm just curious ... who is non-US your broker?
"Dream big and dare to fail." - Norman Vaughan
  • #3,980
  • Jan 23, 2015 1:35pm Jan 23, 2015 1:35pm
Quoting Binyamin
If they are out to screw traders its funny that they took the losses of their client during the CHF debacle.
Gosh!! Are people that naive?

It amazes me!! Or should I say it disgusts me!!

MM must have a deal with the devil to mesmerized people so they can't see the truth.

What oanda did was to "forgive" negative balances.

NEGATIVE balances....not losses.

They did not forgave any margin call or losses from the event.....they pocket their clients margin calls and losses, as they always do.

So after making a killing from their clients losses they decided to capitalize on negative balances.

They are not stupid, negative balances are costly and very difficult to collect. If not impossible.

So they just "forgave" it !!!!!!!!!!!!!!!!!!!!!

Such a corny propaganda and people still fall for it!!
So, you think you have rights? LOL
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