DislikedIs one more likely to get their trades filled at the desired price with an ECN or a company like OANDA?Ignored
Better liquidity than with IB is really hard to find in the retail segment.
Which one is better: an ECN broker or OANDA? 9 replies
Cheapest ECN Comissions - Vantage FX ECN 10 replies
Reliable ECN access which can't markup price 13 replies
ECN, fixed spread or variable spread account? why? 1 reply
Oanda spread versus MB Trading spread 27 replies
DislikedIs one more likely to get their trades filled at the desired price with an ECN or a company like OANDA?Ignored
DislikedNot slipped. My orders just aren't getting filled because of the spread. For example, let's say I'm waiting for the price to drop to 1.3400 and then go long. Very often the price will go down as far as 1.3393 and my order is still not triggered. Similar problems on take profits. This has happened to me several times in the last month.Ignored
DislikedI know you said you aren't trading news, but was the experience you mentioned during news time?Ignored
DislikedNow concerning the topic, this week I saw for the very first time Oanda doing 0,9 on Eur/Jpy!! That's a very very good spread. It lasted for a couple of hours in European morning.Ignored
DislikedHI Guys.
I dont care how the marketmaker manages risk as long as they give me the best execution and tightest spreads.
Stop all this speculation about broker conflict of interest....just for your interest i know of a trader who places far larger trades than any of us ever will and has been profitable for over a decade......taking many hundreds of thousands of dollars out of the market every year.
Know what....he trades with a market maker broker who has rewarded his high volume with tigter spreads than the regular offering......tighter than spreads...Ignored
DislikedIn my trading I don't rely on graphs and on order executions by the pip. Even tough I had a problem once with Oanda concerning a limit order.
The purpose of this thread was (is) to discuss the spreads. I'm not trying to be a moderator here, but if people want to discuss connection problems, and all sorts of problems (which are many) concerning brookers, you have all other threads to do so.
I still find hard to believe that people who trade forex on a daily basis, or even on a weekly basis, do so on a brooker who has a 2 pip on Eur/Usd, and...Ignored
DislikedYeah, FX Open does have decent spreads actually, check this comparison table out:
http://www.mataf.net/en/tools/forex-spread
Check out their demo account as well.Ignored
DislikedWhat's more, a 0.9 pip spread with a 1:50 leverage gives you a 0.5% loss on any initial position.
A 2 pip spread with a 1:200 leverage gives you an automatic 4% loss on any initial position...Ignored
DislikedI believe I know what you're trying to say but how you've said it makes some very vague and misleading assumptions.
You're assuming that leverage and risk are one in the same. I can have 50:1 leverage and a $50,000 balance and still trade 1 micro lot as my initial position OR I can trade 10 standard lots. My risk is way different in each trade but the leverage never changed. The only thing that changed is the amount of risk I chose to take.Ignored
DislikedIt looks like my initial message wasn't clear.
The loss I was talking about is relative to the position, not the account size.
Ie, one trade.
1 EURUSD lot traded with Oanda = 0.5 % initial loss that you have to win back on the trade.
1 EURUSD lot traded with a typical broker = 4 % initial loss that you have to win back on the trade.
The % is relative to the current trade, not your account.Ignored
DislikedI don't see how this has anything to do with account leverage?
Can you explain it using a formula with a 50,000 lot trade ($5 per pip).Ignored