Oanda FXTrade

[arco]

Hi Peat

Oanda have made a number of improvements over the years, and the platform is becoming more complicated, but its user friendly.....

I particularly like the close all trades/orders instruction......however they still lack a trailing stop which would be good IMO.

Still a simple but functional platform.....

[arco]

Greedy Bar Stewards

10 pips spreads currently on some majors......when others are still on 2/3 pips.

Wake up Oanda....you'll loose your client base

[peat]

I sent them an email a few weeks ago detailing the three things they needed to do to ensure their primacy as online forex brokers... they were polite with their reply but non-committal.

[arco]

Peat

What were the 3 things?

thks - arco

[maknz]

I'm going through the process of opening an account with Oanda at the moment.

The spreads have gotten quite large on some pairs lately though, which is making them close to untradeable for me. IE right now on my game platform, AUDNZD = 40 PIPs! That's larger than a lot of my SL & TP targets.

Does the FXTrade version offer NZDJPY?

At the moment I'm using two different demos. Oanda for charts and trades on the smaller spreads and then use IBFX for placing trades on AUDNZD (10pip spread as opposed to the 30-40 on Oanda) and things like NZDJPY which I can't find on Oanda's FXGame.

[arco]

Maknz

Oanda Trade does not have NZD.JPY

I think they must be loosing some money at the moment.........hence the wide spreads. Or they
could be just VERY GREEDY .

You also have to consider safety of funds, so choose brokers with care...Oanda seems OK on that score

rgds - arco

I'm going through the process of opening an account with Oanda at the moment.

The spreads have gotten quite large on some pairs lately though, which is making them close to untradeable for me. IE right now on my game platform, AUDNZD = 40 PIPs! That's larger than a lot of my SL & TP targets.

Does the FXTrade version offer NZDJPY?

At the moment I'm using two different demos. Oanda for charts and trades on the smaller spreads and then use IBFX for placing trades on AUDNZD (10pip spread as opposed to the 30-40 on Oanda) and things like NZDJPY which I can't find on Oanda's FXGame.

[arco]

Anyone struck this ticket ?????

.................trying and enter on a fast moving bar.....its happened 3 times now.

....................each time big delay and filled at a very bad price.

Must be the way the market is at the moment

[peat]

Peat

What were the 3 things?

thks - arco

I suggested they

• implement a trailing stop.
• increase the length of time available for display ie more than 1 year
• include indices and more commodities.

abnamromarketindex.com has bonds and indicies using the Oanda engine so it should be pretty straightforwad to provide the last one

more data might cost them to obtain and to store , so I suggested they provide it as a chargeable service

the first one should be the developers main priority

imo of course.

[peat]

the spreads are so large coz the market is gyrating like a very very gyrating thing.

here 140 pips in 10 minutes on the 1min chart

[Mysterybox]

Anyone struck this ticket ?????

.................trying and enter on a fast moving bar.....its happened 3 times now.

....................each time big delay and filled at a very bad price.

Must be the way the market is at the moment

Ugh yes I keep seeing this ! Am just learning forex atm, only doing FXtrade. thx for good reads.