Oanda goes Metatrader | Forex Factory

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Oanda goes Metatrader

  • #1
  • First Post: Jan 13, 2011 1:19pm Jan 13, 2011 1:19pm
Oanda goes Metatrader!

Yes it's true and confirmed now. I'm in the beta test program but had to keep it silent. But now as it's official, well. GREAT!

"There will be many more exciting developments in 2011, including the imminent release of a MetaTrader 4 trading platform. This additional platform release has been eagerly anticipated by many MT4 traders, who want customizable, automated access to our low spreads. "
  • #2
  • Edited 1:52pm Jan 13, 2011 1:33pm | Edited 1:52pm
good news.
keep us informed.
available for 1 unit ?
your major issues in beta-test ?
  • #3
  • Jan 13, 2011 1:35pm Jan 13, 2011 1:35pm
Quoting Xaron
Oanda goes Metatrader!

Yes it's true and confirmed now. I'm in the beta test program but had to keep it silent. But now as it's official, well. GREAT!

"There will be many more exciting developments in 2011, including the imminent release of a MetaTrader 4 trading platform. This additional platform release has been eagerly anticipated by many MT4 traders, who want customizable, automated access to our low spreads. "
SWEET.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #4
  • Jan 13, 2011 2:09pm Jan 13, 2011 2:09pm
Quoting Xaron
Oanda goes Metatrader!

Yes it's true and confirmed now. I'm in the beta test program but had to keep it silent. But now as it's official, well. GREAT!

"There will be many more exciting developments in 2011, including the imminent release of a MetaTrader 4 trading platform. This additional platform release has been eagerly anticipated by many MT4 traders, who want customizable, automated access to our low spreads. "

Do they have the same spreads on MT4 as well ?
  • #5
  • Jan 13, 2011 3:03pm Jan 13, 2011 3:03pm
Yes, exactly the same.
  • #6
  • Jan 13, 2011 3:17pm Jan 13, 2011 3:17pm
what is your source ? put the link
  • #7
  • Jan 13, 2011 3:37pm Jan 13, 2011 3:37pm
There is no link. They've sent this info and others to all customers by email.
  • #8
  • Jan 13, 2011 3:52pm Jan 13, 2011 3:52pm
Good news. A lot of the MT4 brokers will be shitt!ng it at this.
  • #9
  • Jan 13, 2011 5:59pm Jan 13, 2011 5:59pm
Xaron,



Same disconnections during NFP numbers ?

Will they still offer the fxtrade platform ?
  • #10
  • Jan 13, 2011 6:10pm Jan 13, 2011 6:10pm
4 digits or 5?
  • #11
  • Jan 13, 2011 7:12pm Jan 13, 2011 7:12pm
Great!

I really hope this encourages them to invest into their infrastructure though. The increased load on their servers will really bash their connectivity if they don't upgrade.

Xaron, is there any ETA on the first public release? Hope it can be used soonish!
  • #12
  • Jan 13, 2011 8:01pm Jan 13, 2011 8:01pm
Quoting Ted1983
Good news. A lot of the MT4 brokers will be shitt!ng it at this.
Not the ECN ones. Oanda is still a market maker afterall
  • #13
  • Jan 13, 2011 10:24pm Jan 13, 2011 10:24pm
Quoting oakmonster
Not the ECN ones. Oanda is still a market maker afterall
and strangely Oanda got most clients
  • #14
  • Jan 13, 2011 10:48pm Jan 13, 2011 10:48pm
I no longer use U.S brokers located in the USA mostly because of leverage issues but with Oanda metatrader I may be tempted.
  • #15
  • Jan 13, 2011 11:39pm Jan 13, 2011 11:39pm
With mt4 I guess we'll lose the 3hr candles, not a big deal, but I sort of got used to them. The pluses of MT4 with be far greater then the minuses.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #16
  • Jan 14, 2011 12:16am Jan 14, 2011 12:16am
Yup, received the email this morning, should be released to FXTrade account holders in the next 2 weeks or so. Looking forward to testing it out.
  • #17
  • Jan 14, 2011 1:01am Jan 14, 2011 1:01am
Ok here some comments from me to clarify some questions.

Here is like it's look like:

http://www.xaron.net/dl/fx/2011/oanda-mt4.png

Quote
Same disconnections during NFP numbers ?

I don't know yet as I've tested it on the game platform.

Quote
Will they still offer the fxtrade platform ?

Yes. It will be still their main platform. It works like this: You create a sub account and can set a check box which will connect this sub account with Metatrader. This sub account can then be traded both with Metatrader AND FxTrade. Already created accounts before that can't connect to MT4 yet but I guess they will change that.

Quote
Xaron, is there any ETA on the first public release? Hope it can be used soonish!

As far as I know by next month.

Quote
With mt4 I guess we'll lose the 3hr candles, not a big deal, but I sort of got used to them. The pluses of MT4 with be far greater then the minuses.

We don't lose the 3h candles as FxTrade is still available and both in parallel.
  • #18
  • Jan 14, 2011 1:19am Jan 14, 2011 1:19am
Quoting LasVahGoose
With mt4 I guess we'll lose the 3hr candles, not a big deal, but I sort of got used to them. The pluses of MT4 with be far greater then the minuses.
hahah.
will they offer 3H or 4H on MT4?
how about the position sizing built-in feature in the order window?

i wish it'll roll off sans the platform freeze/disconnection issues.

interesting development.
  • #19
  • Jan 14, 2011 1:25am Jan 14, 2011 1:25am
Quoting supremeChaos
hahah.
will they offer 3H or 4H on MT4?
how about the position sizing built-in feature in the order window?

i wish it'll roll off sans the platform freeze/disconnection issues.

interesting development.
MT4 can only do 4HR, but MT5 can do 3HR. At least the Java platform is still be available, 3/4 HR won't change anything for me.

Oh, didn't think about the position sizing... But none of it is a game changer for me, Having MT4 on Oanda is still a great change.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #20
  • Jan 14, 2011 4:16am Jan 14, 2011 4:16am
If Oanda can continue to offers low spreads, low cost of entry, fix the connection problems, in addition to continue offering FXTrader on the side of their new MT platform ... I'm sure many traders would flock to Oanda in a heartbeat.

I'm tempted to give their MT platform a try and I don't even like MT.
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