DislikedHi resistance,
- low costs is very attractive for me . But I have seen many complaints about BIG (and frequent) spread fluctuations with them. This would be a disaster for scalping. Never tried, cannot tell anything.
- flexible lots - probably their best feature.
- bid-ask price on charts - if you like this, MT4 platform can be configured to show both lines, too. Need coding to show the numbers.
- higher leverage - very good... and dangerous game.
Has Oanda any restrictions on scalping? Do they really take the other side of your trades, as some people argue?
Thanks and good trading.Ignored
Hi there!
I just spoke to them about scalping. they said they only consider latency trading (news trading) as scalping. They will modify your trade afterwards (!) if they feel you got filled in at a better place during news events. But they dont have a rule like less than 5 pips/ trade or 3-4 minutes b/w open and close is scalping or so. I dont know much about wether they take the opposite side of the trade, what i heard is they do if theycant provide liquidity just to keep instant execution.
regards
edit: i never saw big spread fluctuations, only during news time but I guess if you trad fti's method that doesnt concernes you too much