Disliked{quote} I stopped trading USDDKK with OANDA because of too many spikes but OANDA is great for CFDs.Ignored

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Disliked{quote} I stopped trading USDDKK with OANDA because of too many spikes but OANDA is great for CFDs.Ignored
Disliked{quote} The short trade was entered at 07:06:04 GMT 13.01.21 @ 126.620. Take profit was set at 125.620. Once the trade had moved down I changed the stop loss to 126.386 at 01/14/2021 05:11:53 PM GMT. The stop was hit at 01/14/2021 09:59:56 PM GMT. As you can see on the above chart there clearly was a spike. None of the other broker charts I have looked at show a spike round that time. Any clues ? Cheers WIgnored
Disliked{quote} Simple answer....classic market maker bullshit, that they have been getting away with for years. It's one of the advantages of being with a "regulated" broker. The other big advantage is the frozen platform for several minutes to sometimes over an hour where you can't enter or exit a trade. Of course, there is also ridiculous spreads and fabricated swap, or as Oanda calls them "financing" costs. The regulators reduced the leverage, created FIFO, banned hedging, ran all but 3 brokers out of the US but they allow shit like this to continue....Ignored
Disliked{quote} The short trade was entered at 07:06:04 GMT 13.01.21 @ 126.620. Take profit was set at 125.620. Once the trade had moved down I changed the stop loss to 126.386 at 01/14/2021 05:11:53 PM GMT. The stop was hit at 01/14/2021 09:59:56 PM GMT. As you can see on the above chart there clearly was a spike. None of the other broker charts I have looked at show a spike round that time. Any clues ? Cheers WIgnored
Disliked{quote} Hey Wizzlebizzle, What happened was you were a victim of Oandas end of day spread widening. Every day Monday through Friday, Oandas spreads widen between about 10 pm GMT and 11 pm GMT which is end of day New York. The Eur/Jpy widens by up to 15 pips. You can check it here: Oanda Spread History Feel free to change brokers, each one will get you some how. It is more of us working around them. You can go offshore like pipmaster77 keeps saying but I would definitely do some due...Ignored
Disliked{quote} Hi Ric, Thanks again. I guess there is always a compromise somewhere. To be fair, this has not ever happened before, so it is not the end of the world. But will definitely have a try with another broker. Would u say it is júst spread widening? This would, as far as I understand it, indicate a spread widening of around 19 pips, despite their max spread at the time was 15 pips. Just asking out of interest by now, not to wound up by it anymore ; ) WIgnored
DislikedAnybody having connection problems with OANDA this morning? Mine keeps disconnecting both on the Desktop app. and Browser.Ignored
DislikedI want to share my experience and request for advice. On December 20 I withdraw $5,000 USD from my Oanda account (have never withdrawn from them in the past and I've been using their platform for more than 10 years) since I needed this money for christmas. They split the withdrawal amount of $5,000 in 19 transactions, each of a different amount, and marked all of them as "completed". To this day "January 6" I have just received 5 of those 19 transactions, for the total amount of $350 ($4,650 are still missing) For this "slight delay" (as they called...Ignored
Disliked{quote} Just wanted to follow up on this. It's been 35 days and I still don't have my $4,650 USD, and it looks like Oanda doesn't care about it.Ignored
Disliked{quote} Just wanted to follow up on this. It's been 35 days and I still don't have my $4,650 USD, and it looks like Oanda doesn't care about it.Ignored
DislikedHave you guys seen this in Australia? I thought only Germany was clamping down on traders!Here´s the link: https://financefeeds.com/oanda-plays...1100-leverage/ "From 29 March 2021, ASIC’s product intervention order will: restrict CFD leverage offered to retail clients to a maximum ratio of: 30:1 for CFDs referencing an exchange rate for a major currency pair 20:1 for CFDs referencing an exchange rate for a minor currency...
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Disliked{quote} I could trade one lot of the DJ30 using a $30k margin as shown in the chart at post #6,377. Now the margin is $150k. Looking for a new broker. {image}Ignored
Disliked{quote} I could trade one lot of the DJ30 using a $30k margin as shown in the chart at post #6,377. Now the margin is $150k. Looking for a new broker. {image}Ignored
Disliked{quote} I did but I was told that their policies changed and all pro traders need need to reapply and meet more stringent requirements.Ignored