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OANDA Discussion

you guys arent getting the please wait message when trying to exit a trade with oanda ? I mean a good half my trades with them took long to get out of
I have not traded with them live yet today but the demo is oh so slow and the "trade index" message comes up. Not sure what the deal is.

Quoting Hedge212
you guys arent getting the please wait message when trying to exit a trade with oanda ? I mean a good half my trades with them took long to get out of
It's easy to be humbled but hard to be humble.
Spoke with a Oanda rep and they informed me it is effecting the demo trades and is rare.
It's easy to be humbled but hard to be humble.
Quoting aediaz1
Good news SC! I must admit I had my doubts.
thanks Sir Andre.
i had some initial doubts too. but the thing is my eurchf position then was really small, as i had several positions open, so i expected them to reinstate my trade.
now, if all the traders, specially those with huge positions, had theirs reinstated, then that would really be aweseome.

Quoting aediaz1
Doesn't Oanda offer managed account anymore? I only find it when I google it, not any link for it on their homepage.
i believe they still do.

EDIT:
i checked the main website. if u scroll down to the bottom, u'll see this (under Forex Accounts):
Forex Managed account

Quoting Hedge212
you guys arent getting the please wait message when trying to exit a trade with oanda ? I mean a good half my trades with them took long to get out of
do u have a picture of this? since when? live trading?
i havent experienced it.
Quoting supremeChaos
thanks Sir Andre.
i had some initial doubts too. but the thing is my eurchf position then was really small, as i had several positions open, so i expected them to reinstate my trade.
now, if all the traders, specially those with huge positions, had theirs reinstated, then that would really be aweseome.


i believe they still do.

EDIT:
i checked the main website. if u scroll down to the bottom, u'll see this (under Forex Accounts):
[url="http://fxtrade.oanda.com/trade-forex/managed-accounts/"]Forex...
I can't believe I missed it. Thanks SC
Measure twice, cut once
Hey peeps!

Going live with Oanda and wondering about liquidity of their XAUUSD pair.I am bit skeptic on this pair or should i say that i have prejudices.
For gold,futures or ETFs sounds much better to me.
Anyone traded gold thru Oanda?What are experiences?
Thnx,regards!
Actually, Oanda EU doesn't offer managed account, that's why I couldn't find the link.
Measure twice, cut once
where is oanda eu?
their portion in europe?
Quoting MoreYummy
where is oanda eu?
their portion in europe?
UK
These fckers..

my withdrawal request made on 9/30 hasn't been released. The guy says there is higher volume of requests so they are in backlog?

anybody else experiencing this?

I've been with these guys for close to 5 years..and this is the first time this happens..so i'm beginning to get pissed off
Working towards CME membership
hilmy,

We are sorry for the delay. Your funds withdrawal request will go out today. If you have any more questions please contact [email protected]
i gotta say, i'm impressed, cause as soon as you posted that, i got emails confirmation that my withdrawal was processed and my bank statment shows that.

SO i guess, i'm cool now. But shit like this can tip people off. Like i said, even though i've been with oanda for years, i will quickly turn away if issues like this occur on a consistent basis.. if it does, fix your system so that you adhere to your own rules.
Working towards CME membership
Same situation here, made request early Monday morning, still waiting to be processed.

It makes little difference to me whether it's taking one business day or three, what concerns me is I've been constantly withdrawing funds on a monthly basis for couple of years now, and this is the first time experience.

Yes, the month end/quarter end request volume may be high, but is there other reason behind this? Normally, my request was processed within couple of hours, now its well into the third day. The withdrawal volume would've been huge to create such an impact.
Quoting hilmy83
These fckers..

my withdrawal request made on 9/30 hasn't been released. The guy says there is higher volume of requests so they are in backlog?

anybody else experiencing this?

I've been with these guys for close to 5 years..and this is the first time this happens..so i'm beginning to get pissed off
Quick question friends.

Oanda corp uses Chase as their bank so it means that if Chase has liquidity problems Oanda ( meaning we) will have also liquidity problems.

In case there is a problem with the institution ( Chase bank) and the FDIC takes over will we be insured ? I doubt they ( Oanda) keep their clients money on small individual accounts, instead I believe the money is kept in a huge or a few big accounts which would put us away from the FDIC umbrella.

Thanks
Quoting QuadrupleX
Quick question friends.

Oanda corp uses Chase as their bank so it means that if Chase has liquidity problems Oanda ( meaning we) will have also liquidity problems.

In case there is a problem with the institution ( Chase bank) and the FDIC takes over will we be insured ? I doubt they ( Oanda) keep their clients money on small individual accounts, instead I believe the money is kept in a huge or a few big accounts which would put us away from the FDIC umbrella.

Thanks
Brokers aren't banks, and your trading account is not covered by the FDIC.
If your broker goes broke, your money goes with them.
Quoting Low
Brokers aren't banks, and your trading account is not covered by the FDIC.
If your broker goes broke, your money goes with them.
I understand that. My question was more on the lines of .....

I don't only have to worry about my broker going bust, but also the bank they deal with going bust.

Thanks for the input anyways.
Quoting freden
Same situation here, made request early Monday morning, still waiting to be processed.

It makes little difference to me whether it's taking one business day or three, what concerns me is I've been constantly withdrawing funds on a monthly basis for couple of years now, and this is the first time experience.

[color=black][font=Verdana]Yes, the month end/quarter end request...
I withdraw a relatively small amount on monday and its been processed and its all good, don't know what the trouble is unless you are not on Oanda Europe and that might be the problem but im only speculating.
To be fair, my withdrawal was processed and I see the money in my bank already. I even got an apologetic letter from oanda stating it was because of extremely high volume of requests.

Quoting freden
Same situation here, made request early Monday morning, still waiting to be processed.

It makes little difference to me whether it's taking one business day or three, what concerns me is I've been constantly withdrawing funds on a monthly basis for couple of years now, and this is the first time experience.

[color=black][font=Verdana]Yes, the month end/quarter end request volume may be high, but is there other reason behind this? Normally, my request was processed...
A little android story.

I recently wrote to Oanda asking if they plan to add H4 timeframe at Android trading platform. There is H1 and then Daily, which is a big gap.

The answer is:
There are no immediate plans to add H4 timeframe in the Android trading app. However, we are constantly working on improving our platform to offer an even better trading experience.

Omfg, shall I curse them? Shall I swear? Morons are constantly working but wont do a shit about such a basic thing.

Sry to bother you with this, but I have noone else who could be interested in helping me. So guys, if you are using Oanda, I would appreciate if you wrote Žem with simmilar request, maybe they will do something about it then.

Thx,

Tom
"I know one thing, that I know nothing." Sokrates
Its really not fun trading with oanda the MARKET MAKER. Shitty oanda brags about leverage 50, real time interest rate, blah blah shit, earn from spread.... but confirmed market maker.

I lose a lot of money, then i try to win it back by trading NFP... oanda practically freeze the platform, lock me out from my account by saying wrong password (my browser saves password) and the can login MT4 trader platform but cant trade (always say trade context busy).

sigh, all of you , better dont trade with oanda. i rather dump my money at lottery or casino than giving it to oanda.

and i am sure when oanda read this, they give a lot of excuse, i am the IT administrator!!!! I dont need to hear some shitty oanda excuse.
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