DislikedActually.. your right.. I was raised as stock market being a zero sum market but I just saw this... http://www.investopedia.com/terms/z/zero-sumgame.asp
but I was never foolish enough to say 50% of oanda would win and 50% would lose.. I did mention other players in market.. but anyways investopedia says its not a zero sum so I take back what I was taught earlier..
anyways its still a disadvantage market.. big players win overall .. but all that money has to trickle from somewhere.. if I make money someone is losing money.. its...Ignored
I use them and their spreads tend to be good but I also use other brokers and their spreads can vary more widely than the others depending on the time of day, the pair, and what's going on. I'll bet if you averaged out all their spreads over the top 20 pairs for a whole day they would be no better or worse than any of the other top brokers. If anything they would only be marginally better and sorry...but marginally better is not going to make the difference between 50% profitable traders vs 25-35% that the other brokers reported.
IMHO it's the leverage. Oanda was the only one of the reporting brokers limiting their traders to 50:1 I believe. If the other brokers report more similar percentages after the current reporting period where they are also 50:1 this will be confirmed.