Hey Phranq,
I don't know if Oanda's slower feed worries me that much--it makes it easier to do minor arbitrage with other charts--it's the bucketshop tactics that worry me--I haven't had many problems with Oanda--just slippage that you can expect everywhere--even on ECN's (is the grass really greener on the other side) And Oanda doesn't seem to move as far as EFX on the large moves. As far as spreads--their spreads aren't half bad when you add in EFX's commission--I pay about 1.7pips on commission plus the spread--if I only buy and sell on 0 spread on EFX, it is better than Oanda, otherwise, spreadwise, it's not--correct me if I'm wrong. And every platform I've been on has outages--we'd like to be in a perfect world--but it's not...Big O does have quite a few advantages--we like the charts--we like the ability to trade off the charts and move our sl's and tp's with a click of the mouse--we like the fixed spread, no clicking the mouse and finding out your order was filled at a 3 pip spread--we like the constant liquidity, being able to get a short order in on a definitely short market (last week)--and I really like the ~5% daily interest. It was really cool when I was learning and made some big mistakes--one cost me $50 trying to trade gold--stupid mistake! But slowly and surely I got my $50 back in interest. I do have a smaller EFX account, but have been waiting for Remote Trader--and waiting, and waiting, and waiting...can you tell I'm not a very patient person...pk
I don't know if Oanda's slower feed worries me that much--it makes it easier to do minor arbitrage with other charts--it's the bucketshop tactics that worry me--I haven't had many problems with Oanda--just slippage that you can expect everywhere--even on ECN's (is the grass really greener on the other side) And Oanda doesn't seem to move as far as EFX on the large moves. As far as spreads--their spreads aren't half bad when you add in EFX's commission--I pay about 1.7pips on commission plus the spread--if I only buy and sell on 0 spread on EFX, it is better than Oanda, otherwise, spreadwise, it's not--correct me if I'm wrong. And every platform I've been on has outages--we'd like to be in a perfect world--but it's not...Big O does have quite a few advantages--we like the charts--we like the ability to trade off the charts and move our sl's and tp's with a click of the mouse--we like the fixed spread, no clicking the mouse and finding out your order was filled at a 3 pip spread--we like the constant liquidity, being able to get a short order in on a definitely short market (last week)--and I really like the ~5% daily interest. It was really cool when I was learning and made some big mistakes--one cost me $50 trying to trade gold--stupid mistake! But slowly and surely I got my $50 back in interest. I do have a smaller EFX account, but have been waiting for Remote Trader--and waiting, and waiting, and waiting...can you tell I'm not a very patient person...pk