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OANDA Discussion

Quoting dchristi
{quote} When OANDA does go down, they normally only shut their systems down at market extremes -- you are generally safe at other times.
Gotcha. I'll remember this in the future. I wish there was a more elegant way to warn clients about shut-downs, but I'm still new to FX. Don't know how common these things are.

Can anybody log in yet?
Trying my best.
Quoting moondoggie
{quote} Gotcha. I'll remember this in the future. I wish there was a more elegant way to warn clients about shut-downs, but I'm still new to FX. Don't know how common these things are. Can anybody log in yet?
No, not yet.
I received email from Oanda letting me know they are aware of this and they are fixing the issue.
Quoting xy100
{quote} No, not yet. I received email from Oanda letting me know they are aware of this and they are fixing the issue.

Wow I haven't gotten any email yet, not even the one about the 5 minute break starting Nov 29 last week.
Trying my best.
Quoting moondoggie
{quote} Wow I haven't gotten any email yet, not even the one about the 5 minute break starting Nov 29 last week.
I did asked them whats going on. Its not automatic email sent to everybody, although it should be.
Quoting xy100
{quote} I did asked them whats going on. Its not automatic email sent to everybody, although it should be.
Gotcha! Thanks for the update, mate. I appreciate it
Trying my best.
Its fixed now, i am able to log in
Quoting xy100
Its fixed now, i am able to log in
*whew* same, mate. thanks.
Trying my best.
Hello guys, question for the traders that used (or are using) oanda demo and oanda real account.

I am currently testing a demo account trading/scalping nasdaq100 (cfd), my question is, the demo account reflects very well a real account, they simulate perfectly the same conditions, like, financing, slippage, spreads, dividends, etc? anyone with experience/knowledge about this matter?

Thanks you, and sorry for my English.
Quoting mgluso
Hello guys, question for the traders that used (or are using) oanda demo and oanda real account. I am currently testing a demo account trading/scalping nasdaq100 (cfd), my question is, the demo account reflects very well a real account, they simulate perfectly the same conditions, like, financing, slippage, spreads, dividends, etc? anyone with experience/knowledge about this matter? Thanks you, and sorry for my English.
i havent had any differences myself buy i practice live intraday trading not a scalper
Quoting hazelj80
{quote} i havent had any differences myself buy i practice live intraday trading not a scalper
Same here...I've got both running & never noticed a difference.
Oanda down (fxtrade, mobile) anyone with the same problem?
hey I am trying to download M1 candles from oanda but no luck.

Quote
curl -H "Content-Type: application/json" -H "Authorization: Bearer <my AUTHENTICATION TOKEN>"
"https://api-fxtrade.oanda.com/v3/instruments/EUR_USD/candles?count=5&price=AB&granularity=M1"
{"errorMessage":"Unrecognized endpoint: /v3/instruments/EUR_USD/candles","errorCode":"oanda::rest::core::UnableToRouteException"}

Is V20 down on the weekend?
I wish they had a better error message.
Quoting snikoz-cad
hey I am trying to download M1 candles from oanda but no luck. {quote} Is V20 down on the weekend? I wish they had a better error message.
i just downloaded M1 data.
How did you do that?
I followed the samples on this page https://developer.oanda.com/rest-liv...instrument-ep/ to the letter
but no luck. My bearer token is correct, I can use it to get streaming quotes without issues.
But candle retrieval doesn't work. Triple checked spelling, etc... no errors.
Have you guys read the new Oanda API license agreement?
http://www3.oanda.com/Njg2LVlRRi02Mj...POh71M7sQXwsc= .

It talks about fees but they are not specified as far as I could tell.
I followed links to the support area but nothing there.
I don't know what to make of it.
Is the V20 API still free or they are charging for it?
I think those license fees that you are seeing there are some kind of public use of API and not regular customer use.

Try this (111-111-111111-111= account number):
"https://api-fxtrade.oanda.com/v3/accounts/111-111-111111-111/instruments/GBP_USD/candles?count=5&price=M&granularity=M1&dailyAlignment=17&weeklyAlignment=SUNDAY&alignmentTimezone=America%2FNew_York&smooth=true"

Without quotes since otherwise this forum wont post url in its entirety.
Quoting snikoz-cad
Have you guys read the new Oanda API license agreement? http://www3.oanda.com/Njg2LVlRRi02Mj...POh71M7sQXwsc= . It talks about fees but they are not specified as far as I could tell. I followed links to the support area but nothing there. I don't know what to make of it. Is the V20 API still free or they are charging for it?

Hi snikoz-cad,
If you're trading with Oanda would you mind sharing some feedback on your experience with them? I was with them sometime ago & have since switched over to the futures market.
Now considering reopening an account & trading both. Any feedback would be most appreciated.
Quoting xy100
I think those license fees that you are seeing there are some kind of public use of API and not regular customer use. Try this (111-111-111111-111= account number): "https://api-fxtrade.oanda.com/v3/accounts/111-111-111111-111/instruments/GBP_USD/candles?count=5&price=M&granularity=M1&dailyAlignment=17&weeklyAlignment=SUNDAY&alignmentTimezone=America%2FNew_York&smooth=true" Without quotes since otherwise this forum wont post url in its entirety.
thank you so much for posting a complete example.
I was missing this part: accounts/111-111-111111-111 from the URI.
Seems like the v20 docs are not that great... thanks again!
@acetrader
I never quite understood the bad rap that ppl here give Oanda.
Yes the spreads are not great compared to offshore/European/Asian brokers.
But if you give them enough volume they're going to give you rebates that effectively bring the commissions in line with
the other brokers.
Basically the ppl on here who are complaining have small accounts and can't avail themselves of the rebates that are offered.
I recommend NAV of $15000 USD or higher in the acct to have a pleasant experience with Oanda.
Also, if you develop a great algo you can place FX orders in the futures markets and benefit from 60/40 tax treatment (USA only).
Otherwise, spot forex gains/losses are counted as ordinary income for tax purposes (USA only).
Quoting snikoz-cad
@acetrader I never quite understood the bad rap that ppl here give Oanda. Yes the spreads are not great compared to offshore/European/Asian brokers. But if you give them enough volume they're going to give you rebates that effectively bring the commissions in line with the other brokers. Basically the ppl on here who are complaining have small accounts and can't avail themselves of the rebates that are offered. I recommend NAV of $15000 USD or higher in the acct to have a pleasant experience with Oanda. Also, if you develop a great algo you can...
thats my goal. to achieve trader tax status. so you can write off ALL the loses yeah i dont understand the hate for oanda. ive never had an issue but i do think they should have lower spreads on gbpnzd and eurnzd. it used to be lower last year now its almost double so i dont trade them. they did lower margin on some JPY pairs though
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