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Oanda order filling discussion

  • Post #1
  • Quote
  • First Post: Jan 5, 2012 6:17am Jan 5, 2012 6:17am
  •  eu_trader
  • | Joined May 2011 | Status: Member | 387 Posts
Please wait for an agent to respond.
You are now chatting with 'Weichin'
Weichin: Thank you for choosing OANDA. How may I help you?
john: am i able to always get full fill for 10mil. units?
Weichin: Hi John, OANDA do not have requote, hence your trade should be executed with the sufficient margin.
john: so oanda take full damage?
john: so if i place 100mil. units, no requotes?
john: full fill?
john: i take your words as evidence...
Weichin: Unfortunately, it will be maximum 10million units on fxTrade.
john: if i open 10 orders
john: ?
Weichin: Yes, that will be 100millions in total.
john: are u able to full fill?
john: that amount
Weichin: Yes, it should be filled as there is no requote, unless you set a upper or lower bound.
john: i take your word for it
john: this msg will be saved
Weichin: Thank you.
Weichin: Is there anything else I can assist you?




They are saying no requotes and full fill for 10mil. units..........watch out guys!!!! red alert to this broker........
I have past history of statements to justify what i say.
  • Post #2
  • Quote
  • Jan 5, 2012 6:45am Jan 5, 2012 6:45am
  •  Agro
  • | Joined May 2007 | Status: Member | 407 Posts
Quoting eu_trader
Disliked
Please wait for an agent to respond.
You are now chatting with 'Weichin'
Weichin: Thank you for choosing OANDA. How may I help you?
john: am i able to always get full fill for 10mil. units?
Weichin: Hi John, OANDA do not have requote, hence your trade should be executed with the sufficient margin.
john: so oanda take full damage?
john: so if i place 100mil. units, no requotes?
john: full fill?
john: i take your words as evidence...
Weichin: Unfortunately, it will be maximum 10million units on fxTrade.
john: if i open 10 orders
john: ?
Weichin: Yes,...
Ignored
How does this make them a scam. They do not requote and they will fill your 10mill order. What is your point?
 
 
  • Post #3
  • Quote
  • Jan 5, 2012 7:02am Jan 5, 2012 7:02am
  •  Adal
  • Joined Mar 2009 | Status: Member | 770 Posts
eu_trader, they did not say no slippage. You will certainly be slipped for 10 mil. I think you are confusing getting a fill with getting no slippage.
 
 
  • Post #4
  • Quote
  • Jan 5, 2012 7:32am Jan 5, 2012 7:32am
  •  zonrokoy
  • | Joined Oct 2010 | Status: Member | 34 Posts
I trade with Oanda and I think they are ok but what's up with FF doing "preferred treatment" for preferred brokers?
 
 
  • Post #5
  • Quote
  • Jan 5, 2012 7:45am Jan 5, 2012 7:45am
  •  Agro
  • | Joined May 2007 | Status: Member | 407 Posts
Quoting zonrokoy
Disliked
I trade with Oanda and I think they are ok but what's up with FF doing "preferred treatment" for preferred brokers?
Ignored
I think the admins are totally justified in changing the thread name here. This guy has idiotically started a thread called 'Oanda is a scam' and then put up a transcript of a live chat he has had where the rep gave him the facts. He has not tried being filled at this volume and failed or anything like that to prove they were lying. This guy just seems to want people to think he is trading size. He had another thread entitled 'where can I get 1billion filled in one click' or something but he is trading a $1400 account
 
 
  • Post #6
  • Quote
  • Jan 5, 2012 9:07am Jan 5, 2012 9:07am
  •  Nate04
  • | Joined Jul 2010 | Status: Prince of All Profits | 787 Posts
Quoting Agro
Disliked
I think the admins are totally justified in changing the thread name here. This guy has idiotically started a thread called 'Oanda is a scam' and then put up a transcript of a live chat he has had where the rep gave him the facts. He has not tried being filled at this volume and failed or anything like that to prove they were lying. This guy just seems to want people to think he is trading size. He had another thread entitled 'where can I get 1billion filled in one click' or something but he is trading a $1400 account
Ignored
There you go, letting facts get in the way of a good old fashion witch hunt. Shame on you Argo.
 
 
  • Post #7
  • Quote
  • Last Post: Dec 24, 2018 8:52am Dec 24, 2018 8:52am
  •  Prisha
  • | Membership Revoked | Joined Mar 2016 | 431 Posts
Quoting eu_trader
Disliked
Please wait for an agent to respond. You are now chatting with 'Weichin' Weichin: Thank you for choosing OANDA. How may I help you? john: am i able to always get full fill for 10mil. units? Weichin: Hi John, OANDA do not have requote, hence your trade should be executed with the sufficient margin. john: so oanda take full damage? john: so if i place 100mil. units, no requotes? john: full fill? john: i take your words as evidence... Weichin: Unfortunately, it will be maximum 10million units on fxTrade. john: if i open 10 orders john: ? Weichin: Yes,...
Ignored
I think this is a sure word from Oanda, I also once asked them a similar question and the answer was pretty much the same!
 
 
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