DislikedMaybe you should have added .... trading with Oanda, no complaint.Ignored
And you'll have answers only from Oanda STAFF
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DislikedIs too soon for you to sing "Victory!"
So, enjoy as much as you can your "no problem".Ignored
DislikedU can believe it or not i trade with oanda with great results since 1,5 year.
They let me triple my account in less than half year.
I didnt notice stop hunts as someone suggest.Many times my sl has been missed by 1pip and onada didnt use it against me.Sometimes they hunt me down by 1pip with spike but only because i put sl badly when i checked qoutes from other broker and comparing to oanda's ones results will be the same.
Small spreads and leverage manipulation is big advantage of this broker.
Try to play in longer term then you wont give them possibilities to hunt you downIgnored
Disliked
There are sometimes misspikes but Oanda always paid my(!) money back. They do a rollback in these cases.
Ignored
Dislikedlostinspace I know your points and you're right, Oanda isn't perfect. But they don't rip off their customers. I think you're a smart guy who trades bigger amounts of money than typical "starters". I have to admit: If you have a bigger account, go on and use an ECN (in general, not for you. ).Ignored
DislikedTo your questions:
If there is a rollback you are back in your trade (if your SL was wrongly hit). If you got into a trade due to a misspike, there won't be a trade after the rollback.Ignored
DislikedFor years they were fine, there are some trade blotters of mine floating around various forums somewhere. It's hard to pinpoint but since around November last year I started getting 20% slippage on more or less every trade...Ignored
QuoteDislikedA stop loss being reversed is the upside, but what about the other side of that coin, a take profit being reversed?
QuoteDislikedHow about this hypothetical scenario:
Say I brought Eur/Usd at 1.5506 and being a short-term underfunded and overleveraged scalper (like the majority of new day-traders on Oanda) I took profit at 1.5516, nice trade. Thinking I've banked the cash and I'm flat I then go on to open a new overleveraged trade on Gbp/Usd which unfortunately goes against me. Again, like the majority of new traders, I hate taking a loss because we all know price will come back eventually so I hang on and pray. Suddenly out of the blue Oanda say foul, we filled your Eur/Usd take-profit on a bad tick and we're cancelling it, sorry you're back in the trade.
I'm in trouble! Price on Eur/Usd is now 1.5430, and my Gbp/Usd is also in the red.......another spike down on both pairs and it's hello margin call, goodbye account!
DislikedBut I don't know how this would work with the margin as you would exceed the 50:1 limit in that case... Maybe an instant margin call would be the result?Ignored
DislikedHehe, this has got to be a good one to give their 'helpdesk' staff a headache when the market's quiet and I'm bored.....I'll post the chat logIgnored
Dislikedif you want to loss your money trade with oanda and no matter if you use stop loss or not they will hunt you down and take your moneyt .
if you still want to try them i advice you to try them with maxiumum of 1000 nor less and see by your selfIgnored