Disliked, disconnects across data, slow quotes, price and platform freezes, mystery spikes, some ridiculously wide spreads, and ultimately inexplicable pricing disparity.Ignored
On the path to Enrichment.
Stop Hunting 274 replies
Stop Hunting 11 replies
Stop Hunting? 18 replies
Stop Hunting and Demos 1 reply
Disliked, disconnects across data, slow quotes, price and platform freezes, mystery spikes, some ridiculously wide spreads, and ultimately inexplicable pricing disparity.Ignored
DislikedThere's a guy on the Oanda tech support forum (I think it's Whipsawfx) who posted a thread and provided a link to this "open DNS" thing. I think you may find it through google by a simple search also. After you go to this site and change your connection settings to their open DNS server settings your connection quality should improve considrably, I know it did for me recently while without it I could barely get Oanda's platform to load at all.Ignored
DislikedTrading the news is a bad idea in the first place. I tried some stuff for a while but in the end it just looks like a waste of time. Too unpredictable, even if you didn't have widened spreads, delayed fills and the like.Ignored
DislikedThat's a personal choice, some traders follow fundamentals closely and take advantage of events such as the no-brainer 25bp Fed cut when 50bp was priced in. There's no reason why a trader should exclude himself from trading such potentially profitable times, provided he understands the market and has an honest marketmaker willing and able to facilitate his trading activities.
But like I said before, whether this particular excessive quote manipulation affected you or not is not really the point. If a marketmaker lacks integrity and is prepared to do such a thing then what else is he capable of doing in order to improve his bottom line?Ignored
DislikedI'm extending you a certain amount of latitude here because you're new to the business but you really need to be alert and aware of who you're trading with in this market
~Ignored
DislikedBarx, why do you ask? Not available in the US as far as I know though.Ignored
DislikedWhich BARX platform are you on? If you do not know, then how many pairs are available to trade?Ignored
DislikedPrivate Client, so it's retail not institutional. lol, I know what you're going to say, they're a bucketshop!
I haven't had an account with them for long but so far they seem reliable and honest, spreads widen but only for seconds, execution is good, platform is functional, funds are protected, so far...so goodIgnored
DislikedYea it's just an integral whitelabel and I am assuming it is the powertrader platform. Its just spot fx right, do you see level 2? I think they just pump their own retial pricing into it and its not a mulitiple bank platform.Ignored
DislikedYep, I think it's just the retail version of Barclays Capital from what I can tell, operated by Barclays Stockbrokers.
The idea was good and you can see what kind of clients they're targetting but I think they're relying too much on their branding to bring in the business. Spreads aren't great, not the worst but not the best, but pricing does seem fair when compared to 3000 Xtra.
Time will tell but I feel comfortable with them so far...
You're on FXi, right?Ignored
DislikedYep, I think it's just the retail version of Barclays Capital from what I can tell, operated by Barclays Stockbrokers.
The idea was good and you can see what kind of clients they're targetting but I think they're relying too much on their branding to bring in the business. Spreads aren't great, not the worst but not the best, but pricing does seem fair when compared to 3000 Xtra.
Time will tell but I feel comfortable with them so far...
You're on FXi, right?Ignored
Disliked
The worst part is that Barclays' can offer a multibank feed but they dont to their retail clients
I use FXi and Autobahn... and I am always looking for new and better.Ignored
Dislikedi am sure that you dont have a real forex account ,thats what i will say
oanda hunts stops yes and some times manipulate prices yes and you know what they delay there news feed .and if you loss your balance they never bother providing you with the news.
they have a big capital yes because they have other bussiness befor forex for about 20 years i think it is global transactions and having a balance is not the issue ,refco had equity more than oanda and end broken with people money.
and by the way did you heard about man finicaial i think your forex information is weak ,man finicial have about 42 billlion dollars in capital ,oanda only 160 million hahhah also hot spot it was bougth by knigth capital group that have about 20 billion in capital .
so please dont say blah blah ,go open an account with oanda and try for your self in case they are not paying you to advertise hahahahh
bye byeIgnored
DislikedIts the 8th May 2011 and I just checked my eurusd trades and was stopped out by oanda at 1.43958. I then checked the prices on a number of other providers and the highest price reached was 1.4377 . The highest price reached by oanda being 1.43966 ( about 1 pip above mine and probably many others stop loss orders).
I had a live chat with their representative and was informed that oanda does not manipulate prices to their favour but could not explain the above other than they commence their price data earlier than other brokers. He or she , of...Ignored