DislikedI come out of 80% of trades a pip or 2 worse than i should have done (the price i clicked on). 20% of the time i come out a pip or 2 better. But it should be 50/50 postive/negative slippage, right.
Oandas 0.9 pip spreads are a gimick. Factor in slippage, & i reckon on average it will cost you 1.5-2 pips per round turn.
I just dont like the disappointment & uncertainty & non-confidence this brings. I'd much rather a broker with 1.5p spreads instant fills on the price you click on & very few requotes.Ignored
In Alpari the same, and Alpari do also stop hunting and price manipulation.
The only broker I have been at which the price is always the price you click is FXCM, but they have 2'5 pips in EURUSD!!!
So... Really, what you want? Brokers are in Forex to make money instead of their clients.
The good point of Oanda is that they have a lot of liquidity, is the second largest forex broker in liquidity after Interactive Brokers, the disappoint is that they are market makers, so you will always fighting against the house to make money...