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Verbiage directly from interbank trading agreement

  • #21
  • Jul 16, 2006 6:05pm Jul 16, 2006 6:05pm
If Oanda offered hedging, and Mt4 I would open an account. I must have these things... I think Oanda gets the highest marks though. Also, I would like higher leverage on certain types of trades, not all trades, just certain ones I do. Also, the method described in the Would this work thread would be even more effective with higher leverage..

Thanks Scott



Quoting dof
Nobody is using oanda? I haven't heard once a bad thing about them.
About interbankFx i've heard lots of bad things, why people still use them?
I'm using oanda for a couple of months and everything seems in order, you can have any size on your lot, you can trade even with 1$, great and fast execution.
I use other tools for analysis like tradestation and mcfx, so i don't care about their java platform wich is quite good for placing orders, modifying your stop loss and take profit.
If you like metatrader for tehnical stuff, you can use it.
  • #22
  • Jul 16, 2006 6:06pm Jul 16, 2006 6:06pm
Quoting smjones
Snuff, How has that been working for you? Are you pleased with them?

Thanks Scott
Here are a couple comments I made in the past.

http://www.forexfactory.com/forexfor...91&postcount=3

http://www.forexfactory.com/forexfor...1&postcount=35

Overall I have been happy. I really like the spreads and I am happy they finally implemented micro lots.

I typically do non-market orders, so I can't really comment much on the market order execution speed.
  • #23
  • Jul 16, 2006 6:08pm Jul 16, 2006 6:08pm
Have your stop and limit entry orders always been executed properly? Thanks scott



Quoting Snuffleupagus
Here are a couple comments I made in the past.

http://www.forexfactory.com/forexfor...91&postcount=3

http://www.forexfactory.com/forexfor...1&postcount=35

Overall I have been happy. I really like the spreads and I am happy they finally implemented micro lots.

I typically do non-market orders, so I can't really comment much on the market order execution speed.
  • #24
  • Jul 16, 2006 6:19pm Jul 16, 2006 6:19pm
Quoting smjones
Have your stop and limit entry orders always been executed properly? Thanks scott
As far as I can recall they have been, except for during news. I wouldn't recommend trading during big news.

Sometimes there can be occasional slippage when closing.

The above is in reference to when I was using MT3. I need to catch up on Excel trade log and evaluate the MT4 performance (comparing what I entered with what happened). If I see any slippage during that I will post here.
  • #25
  • Jul 16, 2006 6:23pm Jul 16, 2006 6:23pm
Why not go with a bank... and they use Oanda platform... Money is safe... Try their demo and they have more than currencies... Here is the link: ABN AMRO
  • #26
  • Jul 16, 2006 9:00pm Jul 16, 2006 9:00pm
Quoting linuxtroll
Why not go with a bank... and they use Oanda platform... Money is safe... Try their demo and they have more than currencies... Here is the link: ABN AMRO
The maximum leverage is 40
Try hard, think fast, die young
  • #27
  • Last Post: Jul 17, 2006 1:01am Jul 17, 2006 1:01am
It's max 50:1 plus the maintenance margin, or "Airbag" as they call it, another 50 for a total of 100:1.

They've licensed the Oanda platform and the margin requirements seem to be identical.
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