TDAmeritrade

Anyone trading forex through them? If so, post your experiences thus far. I didn't know they had a forex platform until I was tinkering on their site the other day. Thanks.

I've just started a paper trading account with TD so take anything I say as FWIW.

As a safety blanket I opened an account with TD because of thinkorswim (tos). The platform is great, very flexible and frankly has some stuff that I think could be distracting. I'm a programer so that's a plus with tos. The charting is fantastic as well with many features. Their buy and sell features are fully loaded as well.

The negative side is that their data feed seems to be inconsistent. Sometimes the activity within the application seems to stop and if click somewhere or reset the app it starts blinking to life again. I've emailed them a couple of times on it and they tell me that tos is not TD's data but uses the same tos data feed from before they got bought out. In their defense they just did a major revamp of the app so we'll see if that improves things.

I could be wrong but I think they may be new to the fx trading but I'm not sure. As a rule TD is more expensive than the other brokers. They keep doing surveys asking what I think about their website and I basically tell them I don't give a crap about their website.

I may keep my tos account open, but I'm seriously thinking about doing my real trading with a different broker. I'm very small time ($5k) right now, so I'm looking at Forex.com or Oanda. I also want to start programing my own features and so far I've discovered Oanda let's me use MT4 with no hidden fees. Still checking into that one . That may be a deciding factor now and then later may hook up with IB because I hear they are the best overall broker.

Here's Oanda's quote in a recent email:


Like I say - FWIW