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  • #4,421
  • Aug 5, 2015 6:49am Aug 5, 2015 6:49am
If Fxtrade crashes, why not use a different platform? Do the other platforms crash a lot too? Or is that Oandas only option
  • #4,422
  • Aug 5, 2015 9:17am Aug 5, 2015 9:17am
Quoting shortyski13
If Fxtrade crashes, why not use a different platform? Do the other platforms crash a lot too? Or is that Oandas only option
I know they have MT4, but I happen to like fxTrade. It would be a really good platform if they just could fix the crash problems.

Especially since OANDA likes to tell everyone that they are not just a broker, but also a fin tech company. It's a bit embarrasing that they haven't fixed some bugs in their mobile app for over a year now.
  • #4,423
  • Aug 8, 2015 5:54am Aug 8, 2015 5:54am
Quoting 8fingers
{quote} I agree. Just like the many so called 'Traders' that are convinced of their own genius?
Not always true....Brokers do cheat....
  • #4,424
  • Aug 8, 2015 6:07am Aug 8, 2015 6:07am
Never had problems with OANDA till a week ago.

Went long GBPUSD on a 5 Min.
Order filled, ticket showed on the chart...
Then the position literally "dissapeared."
Chatted online with OANDA, they confirmed my position "was not to be seen in my platform", although the order was filled and running.

Thereīs a problem with "your platform" was the answer, "we will mail you back".
To make the story short:
My trade, which by my trading system would have been closed with a profit....got handed back to me, 2 days later, sopped out...with a loss, the initial risk.
The explanation: ..."go to your fixed plattform", click "show historicall trades", and you will see your trade showing again..."we hope that this was helpfull".

Heard many times in other threads, that brokers donīt like "successfull scaplers"
Took me 10 years of hard work to become profitable, wonder if it was all for nothing, and they will start playing cheat.
  • #4,425
  • Aug 8, 2015 6:11am Aug 8, 2015 6:11am
Did you realize that this thread does not come in the firszt page of FF, as last repied????

Guess they are being sponsored by OANDA, and others...they dont want to have "naughty broker" issues on their first page...what a crooked game this is indeed my friends...
  • #4,426
  • Aug 8, 2015 11:49am Aug 8, 2015 11:49am
Quoting CaymanTrader
{quote} I know they have MT4, but I happen to like fxTrade. It would be a really good platform if they just could fix the crash problems. Especially since OANDA likes to tell everyone that they are not just a broker, but also a fin tech company. It's a bit embarrasing that they haven't fixed some bugs in their mobile app for over a year now.
Is the crash problem just with the fxTrade mobile app? Is the desk top version stable? Thinking about trading with Oanda (desktop) fxTrader for order entry, but iffy software would be a deal killer.
  • #4,427
  • Aug 9, 2015 6:10am Aug 9, 2015 6:10am
Have you seen the Friday news SPIKE on EURUSD ?
114 pips, add spread increase, and we are in the 150 pip zone.

That must have wiped out billions from retailers trading anything below a monthly chart...with a "safe stop".
Big Boys take it all again..

I will stay on my profitable 5 min. system, far away from news...
On news times, go for a swim, Europe is hot these days...
  • #4,428
  • Aug 10, 2015 1:54am Aug 10, 2015 1:54am
Quoting cuchuflito
Have you seen the Friday news SPIKE on EURUSD ? 114 pips, add spread increase, and we are in the 150 pip zone. That must have wiped out billions from retailers trading anything below a monthly chart...with a "safe stop". Big Boys take it all again.. I will stay on my profitable 5 min. system, far away from news... On news times, go for a swim, Europe is hot these days...
So i take Oanda still has obscenely wide spread during news times?
  • #4,429
  • Aug 10, 2015 5:36am Aug 10, 2015 5:36am
Just got an email from OANDA that 100:1 leverage is now available (previously, the max. was 50:1).

I don't know if this applies to all divisions ex-USA, I only know about the European division.

Also, there wasn't the option to change leverage yourself when I checked a few minutes ago. Lady from customer support told me we have to write to frontdesk(at)oanda.com and request it.
  • #4,430
  • Aug 10, 2015 5:44am Aug 10, 2015 5:44am
Quoting CaymanTrader
Just got an email from OANDA that 100:1 leverage is now available (previously, the max. was 50:1).
Good to know, thanks!
k
  • #4,431
  • Aug 10, 2015 8:45pm Aug 10, 2015 8:45pm
Quoting CaymanTrader
Just got an email from OANDA that 100:1 leverage is now available (previously, the max. was 50:1). I don't know if this applies to all divisions ex-USA, I only know about the European division. Also, there wasn't the option to change leverage yourself when I checked a few minutes ago. Lady from customer support told me we have to write to frontdesk(at)oanda.com and request it.
so will we see more customers blowing their accounts?
  • #4,432
  • Aug 11, 2015 2:51am Aug 11, 2015 2:51am
The only reason I still use OANDA is the capability of trading free from lots, from the plattform (NOT MT4).
That gives you the chance of adjusting your risk size exactly, to the cent...
To my knowledge no other broker does that.

I use their MT4 to download the data to my own software...trade directly through their plattform....away from news...

Im still worried about my position disapearing a few days ago (literally) from the chart after being filled...and having it returned back, 2 days latter, naturally stopped out, although I would have closed in a profit ..(it was a 5 minute trade that went my way..)

Their excuse was: "there was a problem with your plattform", now...(after you are safely stopped out with a loss)...we fixed it for you..."hopefully this was helpfull"...
Luckily it was a test with penny risk...but It makes you wonder...if the loss was big, wonder how much hassle to get my $ back...and if they would ...their chat employee agreed completely that my position was filled, showed the ticket in the chart, but dissapeared....so no chance of managing the "invisible trade"...at least the stop did not dissapear...
Wonder if they would hand me back my "fixed plattform with a margin call one day...("sorry, your stop also dissapeared"...)
  • #4,433
  • Aug 11, 2015 7:08pm Aug 11, 2015 7:08pm
Quoting CurrencyAnalyst
This is about the stupidest response I have gotten from a Spot FX Broker in a decade. Yesterday I requested through the funds request area within the logged in account portal a check to be mailed to me from Oanda. Here is the response I got via email nearly 24 hours later: Your request has been denied. We regret to inform you that we are currently experiencing technical difficulties with our check outsourcing service with our banking partner. As a result, we have cancelled your check withdrawal request. Now if this were a real case you would think...

This guy speaks the absolute truth! Thats why I treat this entire Forex market as a hobby. I do like its fast pace trading environment, though. I will NEVER park serious money with any dedicated Forex broker. Their 'fine' print lets them do almost anything. One last thing I have learned trading Forex. Be very cautious of any Russian owned or operated Forex 'broker'.
FF = Forex Faggots
  • #4,434
  • Aug 12, 2015 12:07pm Aug 12, 2015 12:07pm
I had truly thought this matter was settled.


Still no check from Oanda, it's been just about 2 weeks now. The informal communication with the NFA seemingly is ineffective. Is it time for a on record complaint? Oanda plainly told me Yes, we will mail you a check so I responded with that specific request directly back to them. They are also aware the request check function under account funds section is not a viable action though they have not modified their account login area to reflect anything is wrong. Now they are playing games. Anyone else here have a encounter like this?
"Look Left Think Right"
  • #4,435
  • Aug 12, 2015 1:45pm Aug 12, 2015 1:45pm
Quoting CurrencyAnalyst
I had truly thought this matter was settled. Still no check from Oanda, it's been just about 2 weeks now. The informal communication with the NFA seemingly is ineffective. Is it time for a on record complaint? Oanda plainly told me Yes, we will mail you a check so I responded with that specific request directly back to them. They are also aware the request check function under account funds section is not a viable action though they have not modified their account login area to reflect anything is wrong. Now they are playing games. Anyone...
I would let it go another 2 weeks to see what happens, because when you ASK for money, you know how it goes the first two weeks (all excuses)
"there was an old man sawing lumber in our parking lot. We could not park our cars and report to work"
"the intersection on the corner suffered a massive meteor strike"
"a UFO has landed on our roof, causing mass evacuations"
"we didn't know you until today"
"we put a sausage in the oven. Where is it now? It ran!!"
"We dunked our doughnuts in sour milk and have been sick for nine months"

If they don't respond with at least a check number to you then report to the FPA scam alert section.
The NFA is useless as it is a round robin of broker members of the past, all in each others pockets, looking out for each other.
Or better said, US regulators only "know you" when they "don't want to know you"
  • #4,436
  • Aug 12, 2015 1:47pm Aug 12, 2015 1:47pm
Whats wrong with a bank wire? Mailing checks is kinda 20th century..
  • #4,437
  • Aug 13, 2015 5:35pm Aug 13, 2015 5:35pm
I no longer trade with Oanda but received this today..

Dear xxxxx,

Please be advised that as of Thursday August 27, 2015 we will no longer accept check withdrawal requests. Check deposits will continue to be accepted.
To withdraw funds that were deposited via check after this date, please request your withdrawal through Bank Wire Transfer or Automated Clearing House (ACH), if your bank supports this service. To use ACH, first set up your bank account profile with your ACH routing number. Withdrawing through ACH could expedite your withdrawal request (versus check withdrawal) and can help you avoid a wire withdrawal fee.
We offer many methods of funding your account including debit cards (backed by VISA and Mastercard) and Bank Wire Transfers. Learn more about our funding options.
If you have any questions about how to request a withdrawal visit our online helpdesk, or contact our Customer Support team in your global region whenever the markets are open.
Thank you for trading with OANDA.

Kind Regards,
The OANDA Client Experience Team
  • #4,438
  • Aug 14, 2015 3:45pm Aug 14, 2015 3:45pm
does fxtrade mobile android app have limit orders? I checked it out and seems like only market order is available.
  • #4,439
  • Aug 14, 2015 5:07pm Aug 14, 2015 5:07pm
Quoting dodoei
does fxtrade mobile android app have limit orders? I checked it out and seems like only market order is available.
New order>Quote and enter your sell or buy limit price
  • #4,440
  • Aug 17, 2015 3:14am Aug 17, 2015 3:14am
So the million dollar question:

If your system starts working, say a daytrading srtategy, (no scalping nor longtime position)...and you start making real $.
Will OANDA start "fighting" against you..

Read in countless forums, that "bucketshops" will torpedo any winning daytrader, with all the tricks in "their book".
Included were comments from pros. who worked for decades, on the other side of the dealing desk.

Anyone can answer?

(please no "super smart traders" answering: "retailerīs excuse for nor being successfull bla..bla.".)..
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