ODL securities -long post

Yeah, if you call them may be you can ask why their MT4 does not show swaps for most pairs. I could not get a clear answer.

Just for your information, about a mail request to ODL BROKER:

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I have been using your demo account (mt4), and it goes overall good
(exception due to large slippages currenex, one huge and famous in all forex forums and as clients we hope you fixed clients accounts that were compromised to those unbeliable spreads, not registered by other brokers)

Im ready to open an account with you, but would like you CLEARLY answer
these questions:

1) Do you allow ANY TRADING STYLE (Scalping, News trading,....)
2) or........ what retrictions do you have for trading?
3) Are you going to display a live help (chat) for clients doubts?
4) some hidden retrictions pertinent to trading?

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Dear sir I think your mistaken we do not have slippage unless using
demo for currenx
We do not news traders who steal from the mkt or scalpers on misquotes
On mt4 we will not have live help no sir we have two other professional
system with live chat but retail mt4 no
Nothing hidden sir all out in the open

Yyours chris laird
Head of sales.

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That is ridiculous, steal ???¡¡¡ when they dont like the traders preferences. Im totally agree with your opinion
"if a trader pay the spread what they want more? They can tell us what trade to do to lose all and make them happy???"

So traders are aware with ODL


Best regards

"We do not news traders who steal from the mkt or scalpers on misquotes"

English is not my native language, but that doesnt look correct. Im not trying to grammar-police, but i think a "Head of Sales" should be articulate. Im not 100% sure, i think he is trying to say that they dont want news traders? I find it rather hilarious, how a "head of sales", from such a big institution like ODL, sends out business mails in that manner, full of typos and missing punctuation, and then fails to bring his message across in a concise way. That mail has that certain "legitimate nigerian business-man"-touch

p.s.: before someone polices me now, i am allowed bad english since im not a "head of sales" nor native english :>

I receive plenty of email's from odl and never once was there english broken, make me think that post is bogus.

Agree, this may very well be the case.
Mr. Analizer (?!) has 4 posts on this board, 3 of them bashing ODL.

You made a bad judment .

I dont have any reason for lye or discrediting anyone or anybroker... I have just done brokers investigation & asked about my doubts, and ODL representative answered that way.

The only goal is to share this report with you, and to aware news or scalping traders... Im not saying that is a good or bad broker overall. As you said in one of your informative post, everyone may do his own homework and decide then

Here is the paste & copy of the mail, so hope there is any doubt about what I wrote before.

The quickest way to double your money is to fold it in half and put it in your pocket...

I don't worry to much about proper english or spelling my self. But you must be smoking crack if your asking a broker do they allow news spike trading or scalping.

The few brokers that have come out and said they allow these types of trading I think went under in less than a year if not six months...

lol

You feel safe with nfa going after them. How do you manage that ? Take sedatives ? I wouldn't without taking Valium !

Vilas

I am trading with them and no problems currently.
hopefully no problems going forward.

take a look at n.f.a. reports on some of the biggest firms out there and im not talking just forex and you will be surprise that most have long records with the n.f.a.