I think Oanda FXTrade is unreliable | Page 15 | Forex Factory

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I think Oanda FXTrade is unreliable

  • #281
  • May 17, 2010 10:06am May 17, 2010 10:06am
Quoting jimbil
When the spread is meant to be 0.9 pips, i do not think it is acceptable for the REAL (fill price) spread to work out 50% more, let alone 100-200+% more.

I am not talking about news times. I accept the oanda spread widens around news. Other brokers would just keep their spreads the same on news but likely requote you. I do not trade news for both these reasons. However, i often stay in a trade through a news release, if i am in it already.
Looks like you looked at the price/candlesticks instead of the bid-ask chart.
Using that chart doesn't show any slippage.
  • #282
  • May 17, 2010 10:07am May 17, 2010 10:07am
Quoting Fishtank
Anyway, I'm not coming back to this thread
Quoting Fishtank
Alright I'll come back
lol, I hope you're more decisive in your trading!
  • #283
  • Edited 10:37am May 17, 2010 10:11am | Edited 10:37am
Quoting bugscoe
You're a trader who needs flaws in the brokers platform to be profitable.
lol, are you asking me or telling me? Hey bug, I never look a gift horse in the mouth!


Quoting bugscoe
And now that Oanda corrected those flaws, you blame your lack of success with Oanda on the flaws of their plaform. Brilliant!
Oh I think I do ok but thanks for your concern. One door closes, another one opens....

At last, you finally admit Oanda does have flaws. To quote you.....'Brilliant'!


Quoting bugscoe
You would make a great politician.
I agree, I would! Well I certainly couldn't do much worse than the ones we've elected that's for sure! Oh no wait, we didn't elect them! So much for democracy....
  • #284
  • May 17, 2010 10:47am May 17, 2010 10:47am
Quoting pipmutt
Crikey, is that problem still going on!

I don't use Oanda's charts as I prefer MT4's charts but last time I used them about 3 or 4 years ago they had the same 'sync' problems, and also lagging quotes in the quote panel vs ticket prices.

The whole platform is somewhat buggy, they keep patching it up and adding new little trinkets when what it really needs is a major overhaul in my opinion!

I think the best addition they ever made was one-click, that works quite well, oh and FXManager......but that's also full of bugs!
No, this problem is not going on any more.
This is the best proof that jimbill is talking hearsay.
The platform has not had that lag for more than a year now.
I know, because I was one of those, who complained.
  • #285
  • May 17, 2010 11:01am May 17, 2010 11:01am
Quoting jimbil
Another oanda rep?

I think the OP has the right to, & it is a good idea, to make their posts easily recognisable.
The proof that I am not an Oanda rep., and that YOU HAVE TO KNOW THAT I AM NOT ONE; is that when I still thought you were genuinely trying to get help, and I was genuinely trying to help you, I advised you to open an IB (Interactive Brokers) account here.:
http://www.forexfactory.com/showpost...75&postcount=8
http://www.forexfactory.com/showthre...75#post3606175

But I am not naive, by now I have very well understood that you have a hidden agenda in bashing Oanda.
I am not interested in knowing what this hidden agenda is.
But I know you have one, buddy...
  • #286
  • May 17, 2010 11:17am May 17, 2010 11:17am
Quoting bugscoe
The real question is what your motives are?

I've got a great idea for you- how about you post your trading activity for today from the great and awesome broker you trade with? Ya know, the one where you're making all your riches back that Oanda stole from you!?

Show us how much better it can be if we were to join you. That is typically how you convince people that you're on to something...present a problem and offer a solution. If you can't offer a solution with any factual proof, you just go down as another 95 percenter looking for someone/thing...
Im not a guru. Im not your preacher. Im not here to show you the magic way. Overall i felt oanda were sneakily not all that, I wanted to know if i was alone. Pipmutt et al have shown me that they have a very similar interpretation of their own oanda experience as what i did. I was glad to find i am not alone in seeing what i have.

As for trying to show you the way. With an offensive attitude like you have, I THINK NOT!

  • #287
  • May 17, 2010 11:20am May 17, 2010 11:20am
Quoting Fishtank
Alright I'll come back once since your so quick...

Mountain -> molehill.

100% 500% big number's to describe what can be .5 of a pip. Maybe more, which I've never experienced, but hey, maybe you live somewhere with a garbage connection and your price hit's their servers late.

Having said that you do what you want, those .5 pips might really add up for you and that's cool. Your trading conditions might make Oanda unfavorable for YOU...however you can't discredit the people who are using them for an extended period of time and can vouch...
Yes 1/2 a pip here & there isnt much & i could live with it. But unfortunately it was more. More like 0.9 pips + an extra 1.5 pips - a large percentage of the time. Not good.
  • #288
  • May 17, 2010 11:24am May 17, 2010 11:24am
Quoting pescador
The proof that I am not an Oanda rep., and that YOU HAVE TO KNOW THAT I AM NOT ONE; is that when I still thought you were genuinely trying to get help, and I was genuinely trying to help you, I advised you to open an IB (Interactive Brokers) account here.:
http://www.forexfactory.com/showpost...75&postcount=8
http://www.forexfactory.com/showthre...75#post3606175

But I am not naive, by now I have very well understood that you have a hidden agenda in bashing Oanda.
I am not interested in knowing what this...
So you're a conspiracy theorist as well?

Next you will be telling me that 9/11 wasnt carried out by rogue elements within the US government, but by 19 hijackers with box cutters.
  • #289
  • May 17, 2010 11:24am May 17, 2010 11:24am
Quoting jimbil
Im not a guru. Im not your preacher. Im not here to show you the magic way. Overall i felt oanda were sneakily not all that, I wanted to know if i was alone. Pipmutt et al have shown me that they have a very similar interpretation of their own oanda experience as what i did. I was glad to find i am not alone in seeing what i have.

As for trying to show you the way. With an offensive attitude like you have, I THINK NOT!

OK. What about me? I have shown you a genuine will to help, nothing aggressive, as I discribed here.
http://www.forexfactory.com/showpost...&postcount=285

Instead of listening, you only showed interest to repeat your accusations that do not seem to be genuine at all.
You do not even know that that kind of lag you were complaining in one post, does not exist any more.
In the other post you were complaining that Oanda charts are TOO FAST:::???
Decide what you want to complain about in the first place!!!
  • #290
  • May 17, 2010 11:25am May 17, 2010 11:25am
Quoting jimbil
So you're a conspiracy theorist as well?

Next you will be telling me that 9/11 wasnt carried out by rogue elements within the US government, but by 19 hijackers with box cutters.
LOL buddy...
  • #291
  • May 17, 2010 11:35am May 17, 2010 11:35am
Quoting jimbil
Im not a guru. Im not your preacher. Im not here to show you the magic way. Overall i felt oanda were sneakily not all that, I wanted to know if i was alone. Pipmutt et al have shown me that they have a very similar interpretation of their own oanda experience as what i did. I was glad to find i am not alone in seeing what i have.

As for trying to show you the way. With an offensive attitude like you have, I THINK NOT!

You're obsessed with showing us the wrong way so stop with the hypocritical BS about you not being here to show us the magic way.

It's funny how you guys all have the same reaction when pressed for some hard evidence. Run away and hope your rhetorical gibberish masks the obvious.
  • #292
  • May 17, 2010 11:40am May 17, 2010 11:40am
Quoting pescador
OK. What about me? I have shown you a genuine will to help, nothing aggressive, as I discribed here.
http://www.forexfactory.com/showpost...&postcount=285

Instead of listening, you only showed interest to repeat your accusations that do not seem to be genuine at all.
You do not even know that that kind of lag you were complaining in one post, does not exist any more.
In the other post you were complaining that Oanda charts are TOO FAST:::???
Decide what you want to complain about in the first place!!!
Here is the proof I was complaining about the lag in their charts when there still used to exist one:
http://www.forexfactory.com/showthre...56#post2496156
http://www.forexfactory.com/showpost...&postcount=660

I can confirm that this problem has been resolved since then.
If you need I can also provide the link where I complained about it at the official Oanda forums.
So much about being a rep.
You need more in order to discredit me.
But it is obvious that you do not really know the present situation at Oanda.
  • #293
  • May 17, 2010 11:40am May 17, 2010 11:40am
Quoting pescador
OK. What about me? I have shown you a genuine will to help, nothing aggressive, as I discribed here.
http://www.forexfactory.com/showpost...&postcount=285

Instead of listening, you only showed interest to repeat your accusations that do not seem to be genuine at all.
You do not even know that that kind of lag you were complaining in one post, does not exist any more.
In the other post you were complaining that Oanda charts are TOO FAST:::???
Decide what you want to complain about in the first place!!!
No. the datafeed is too fast. ticket prices - what you get filled at. and oanda charts often lag the ticket prices. this was confirmed to me by an oanda rep. Do keep up, instead of getting your info wrong!!
  • #294
  • May 17, 2010 11:43am May 17, 2010 11:43am
Quoting bugscoe
You're obsessed with showing us the wrong way so stop with the hypocritical BS about you not being here to show us the magic way.

It's funny how you guys all have the same reaction when pressed for some hard evidence. Run away and hope your rhetorical gibberish masks the obvious.
Exactly!!!

THERE IS NO EVIDENCE. There is no paper trail. We cannot prove the price we got filled at wasnt what we clicked on. Oanda know this, like this & want this to continue.
We cannot prove what price the chart was when we clicked the entry & exit. we have only our own visual proof stored in our own memories. But when i know what the chart price was on entry & exit, & i come out of the trade with 1/2-3 pips less profit than i should have done, i know that something is rotten in the state of denmark!
  • #295
  • May 17, 2010 11:45am May 17, 2010 11:45am
Quoting pescador
Here is the proof I was complaining about the lag in their charts when there still used to exist one:
http://www.forexfactory.com/showthre...56#post2496156
http://www.forexfactory.com/showpost...&postcount=660

I can confirm that this problem has been resolved since then.
If you need I can also provide the link where I complained about it at the official Oanda forums.
So much about being a rep.
You need more in order to discredit me.
But it is obvious that you do not really know the present situation...
Well if your not an oanfda rep, owner, shareholder etc. WTF are you wasting your time participating in this thread, if you are more than happy with the oanda experience. Surely you have profitable trades to attend to!
  • #296
  • May 17, 2010 11:48am May 17, 2010 11:48am
Quoting jimbil
Well if your not an oanfda rep, owner, shareholder etc. WTF are you wasting your time participating in this thread, if you are more than happy with the oanda experience. Surely you have profitable trades to attend to!
WTF are YOU wasting your time participating in this thread, if you are not an impotent loser???
  • #297
  • May 17, 2010 11:50am May 17, 2010 11:50am
Quoting pescador
WTF are YOU wasting your time participating in this thread, if you are not an impotent loser???
BTW I repeat: I find Oanda is a good platform, but IB IS MUCH BETTER IF YOU HAVE 10k TO BEGIN WITH!!!!

LOL!!!!
  • #298
  • May 17, 2010 11:59am May 17, 2010 11:59am
loads of potential in this thread

for the recycle bin
  • #299
  • May 17, 2010 12:11pm May 17, 2010 12:11pm
Quoting Sim
loads of potential in this thread

for the recycle bin
Yep, most definitely, it's hilarious to watch though and so predictable!

All the usual childish nonsense like "you're a loser", "prove you're a trader" when someone recounts their own personal experiences, some people just seem incapable of having a reasonable balanced discussion about what is in essence an important topic for existing and potential Oanda clients.

Typical case of can't shoot the message so do the next best thing.......try and shoot the messenger!
  • #300
  • May 17, 2010 12:24pm May 17, 2010 12:24pm
Quoting pipmutt
Yep, most definitely, it's hilarious to watch though!

All the usual childish nonsense like "you're a loser", "prove you're a trader" when someone recounts their own personal experiences, some people just seem incapable of having a reasonable balanced discussion about what is in essence an important topic for existing and potential Oanda clients.

Typical case of can't shoot the message so do the next best thing.......try and shoot the messenger!
Haha... I am an experienced Oanda trader. I have experienced lag in their charts, slippage, and all that stuff people are complaining about.
I myself have complained about them.
I am a scalper and I know what spread and spread spikes mean.
As I demonstrated I also have complained about these things.
But you have to put these things into relation with market and broker reality.
Oanda is still one of the best. If you are a smart trader, you will be able to get around these issues, and be profitable.

But the ECN alternative is also there. For example IB (by the way I am neither an Oanda nor an IB rep. I just happen to find these 2 the best in the industry. At least in the retail segment.)

So my advice is: if you want to be a profitable trader, learn to live with the reality. And the reality is ugly.
But you can beat it.
It is not a shame to be a loser. But it is a shame to blame others for being a loser.
Learn to be smarter than your (percieved) enemy. Sometimes your enemy can be your best friend.
Better even than the trend.... LOL!!!
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