Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Oanda users - Oanda widening spreads 62 replies

OANDA Canada vs OANDA Corp. 4 replies

EUR/USD spread on Oanda again at 1! 5 replies

Oanda spread versus MB Trading spread 27 replies

Attachments: Oanda's spread on EUR/USD at 0.6 NOW?
Exit Attachments

Oanda's spread on EUR/USD at 0.6 NOW?

  • Post #1
  • Quote
  • First Post: Edited 10:26am Feb 1, 2011 6:49am | Edited 10:26am
At this moment spread is at 0.6 for the EUR/USD , is this an error ??





http://img248.imageshack.us/img248/2923/eurusd.png
Already back at 1 pip..
They can advertise that their spread is as low as 0.6pips now!
Has anyone ever seen a spread lower than 0.9 on the EUR/USD ? (This was the first time for me after watching quotes for months...)
Yesterday i experienced 0.7.
seems to me it is in a testing phase , they want to c how it goes ...
OANDA spread is a direct reflection of current market conditions. This lower than usual spread is the result of better pricing from our liquidity providers which we pass on to our clients.

OANDA spreads have never been promoted "As low as" due to its misleading nature. OANDA cannot offer 0.9 as a fixed spread, but if market conditions allow it we will offer 0.9 and lower as it was in this case. The current macroeconomic outlook has made spread awareness something traders need to be more aware of, and OANDA provides the tools and data to help them do that.

In terms of spread awareness/levels, what do you guys use?

Is there anything OANDA can improve in terms of tools/access to information?
This isn't a new thing. Below list is showing spreads of July 2010 till end of November 2010. 83% of the time spread was at 0.9. You can see that 0.6 wasn't the lowest. Spread of 10 pips consists of Friday evening weekend spread and news spread.
Attached Image
Quoting trash
This isn't a new thing. Below list is showing spreads of July 2010 till end of November 2010. 83% of the time spread was at 0.9. You can see that 0.6 wasn't the lowest. Spread of 10 pips consists of Friday evening weekend spread and news spread.

Where do you get that info ? link ?
It's done by me. Get FXTicks, for example. Or record spread.
Quoting trash
It's done by me. Get FXTicks, for example. Or record spread.

How to record Oanda spread ?
Quoting Cocoflanel
How to record Oanda spread ?
One way would be to request EUR/USD ticks from Oanda's web site.
Or sign up for Oanda API.

For every tick calculate spread = ask - bid.
Quoting Cocoflanel
How to record Oanda spread ?
The previous poster's already mentioned two possibilities. Mt4 should be able, too.
Quoting ForexQuant
They can advertise that their spread is as low as 0.6pips now!
Oanda don't use the "as low as" bullshit. They advertize their spreads as they are.
  • Post #15
  • Quote
  • Last Post: Feb 3, 2011 5:09am Feb 3, 2011 5:09am
Quoting AEsparza
OANDA spread is a direct reflection of current market conditions. This lower than usual spread is the result of better pricing from our liquidity providers which we pass on to our clients.

OANDA spreads have never been promoted "As low as" due to its misleading nature. OANDA cannot offer 0.9 as a fixed spread, but if market conditions allow it we will offer 0.9 and lower as it was in this case. The current macroeconomic outlook has made spread awareness something traders need to be more aware of, and OANDA provides the tools and data to help...
Warn us in advance about upcoming spreads, maybe for the next 24 hours?

Kind of a like a weather forecast?

:-) Half joking...
this pig cannot be slaughtered for ever... or can it?
0 traders viewing now