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OANDA US Client Profitability Q4 Decline, Technology or Macro Driven? Executive Response

From forexmagnates.com

Earlier this week, Forex Magnates published the US retail forex account profitability report for Q4 2013. Among the noticeable trends was a decline in overall weighted profitability during the quarter even as volatility was minimal. In the report we highlighted that account profitability at OANDA had fallen to 32.5% from over 40% the previous year. The decline led us to speculate that the broker’s decision to change its pricing from fixed to dynamic spreads may be at fault. The change of pricing has been a hot topic amon Speaking about the topic, Courtney Gibson, Vice President of Trading at OANDA, spoke to Forex ... (full story)

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