Oanda vs forex.com reddit.

Check oanda site, they have a historic spread graph and it will show there, unless they removed it. Their spread machine is a money maker. It will drop ask and keep bid steady at support, can see it tryna hit stops imo. Oanda was ok when their roll overs were industry best but now no point in them. Earning 6% / 24hrs was good times.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.By Aisha Amajida May 30 2023. OANDA offers 3 types of trading platforms: Metatrader 4, Metatrader 5, and fxTrade. In comparison of all OANDA platforms, fxTrade remains superior. OANDA has offered Internet-based forex trading and currency information services to retail customers and financial institutions since its establishment in 1996.IG vs OANDA Comparison. Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between IG and OANDA?

Calculation: Fee adjusted exchange rate to convert GBP to USD = 1.2954 x (1 - 0.5%) = 1.288923. The 100 GBP profit on the trade will result in a credit to a client’s account when it is denominated in USD of: 1.288923 X 100 = 128.89 USD. This is 0.64 USD less than using the straight exchange rate and represents the cost of trading in GBP when ...I used Oanda, MBTrading, FXDD, ATCBrokers, Forex.com, FXCM... and I don't think I have found a perfect broker, but if I had to choose one, it would be MBTrading. I think it also depends where you are, and your software preferences. Definitely MT4 is an easy and relatively decent platform for simple stuff, but can become infinitely frustrating ...Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.

Identify CFD & Forex trading opportunities on a fast and intuitive web platform. Open market, limit, and stop orders to take advantage of OANDA’s highly competitive spreads and policy of no re-quotes.

Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.Oanda's service is on par with Pepperstone's and a comparison of their fees shows that Oanda's fees are slightly higher than Pepperstone's. Account opening takes somewhat more effort at Oanda compared to Pepperstone, deposit and withdrawal processes are somewhat more complicated at Oanda, while customer service quality is similar to Pepperstone ...finance_student • 2 yr. ago. Oanda is fine. I've used them quite a bit over the years and they've always been fair about customer service issues. Not trading with them now because their spreads are a bit less competitive these days compared to other options. For reference, we have a wiki page about the Canadian regulatory environment and ...

Oanda vs Forex.com: Pros and Cons Olsen & Associates, also known as OANDA, is a US-registered company set up to offer a plethora of financial services to clients around the world. Its history goes as far back as 1996, …

u/5galbucket with FOREX.com you can open a live account with as little as $50. The key whether you have $1000, $50 or $100,000 is to make sure you are adequately funded for the trades you intend to place. A rule of thumb is to risk no more than 2% of your balance on any trade. With $1000 in your account, 2% would be $20 you could risk per trade.

Thank you. Primary account is fxTrade. You can only use fxTrade, the trade software from Oanda, to trade. For MT4 accounts, you can only use MT4 to trade, not fxTrade. Actually you can use fxtrade to trade mt4 accounts. Or at least you can use the mobile app. You can actually "break" the rules of mt4 that way.Thank you. Primary account is fxTrade. You can only use fxTrade, the trade software from Oanda, to trade. For MT4 accounts, you can only use MT4 to trade, not fxTrade. Actually you can use fxtrade to trade mt4 accounts. Or at least you can use the mobile app. You can actually "break" the rules of mt4 that way.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ... I'm using oanda, their average spread is about 0.5 pips for their commission basis account and 1.5 for their spread ...Apr 21, 2023 · A good forex broker should be regulated, offer a reliable trading platform, competitive spreads and commissions, and excellent customer support. Based on user reviews and ratings on Reddit, Oanda is the best forex broker for traders looking for a trustworthy and reliable broker. However, it’s important to conduct your research and evaluate ... Oanda is Gone. Oanda has migrated their clients in European to Oanda TMS, now their clients can not use v20 api and oanda trade platform. In the Oanda TMS, they only support MT5 now. Pretty sad, I get used to their API tho. After migration to Oanda TMS, I also realized that an API interface is not available for retail trader anymore. All my ...Our research revealed that OANDA claims a median execution speed of 12 ms, utilising their low-latency proprietary trading engine, “V20”. IG, on the other hand, has a published execution speed of 15 ms with a 97.93% fill rate, executing 100% of trades in under a second.

Oanda's service is on par with Pepperstone's and a comparison of their fees shows that Oanda's fees are slightly higher than Pepperstone's. Account opening takes somewhat more effort at Oanda compared to Pepperstone, deposit and withdrawal processes are somewhat more complicated at Oanda, while customer service quality is similar to Pepperstone ...Commission + core spread pricing. Access a reduced spread relative to our spread-only pricing account. You only pay a fixed commission per trade. The total cost for each trade will be the sum of the applicable core spread plus commission. Our core pricing spreads start from 0.1, with $40 commission per million USD traded.NormanConquest • 10 yr. ago. The main draw for Oanda is that they offer no minimum trade sizes. So you can start an account with $50 and literally trade $1 at a time. Or you can do like 1/5th of a microlot and only risk $0.50 on a trade. Their spreads are also quite good. Otherwise their trading platform is horrible. arber321 • 4 days ago. Neither, I have used oanda and forex.com and they both steal all your money, they charge me daily 50 dollars for holding usd/jpy, 200 dollars for holding usd/try. 1. JoaDeLafayette • 4 days ago. Wow is that because you are trading with large size?A website’s welcome message should describe what the website offers its visitors. For example, “Reddit’s stories are created by its users.” The welcome message can be either a statement of purpose or brief extracts from the most-important p...As with any trading discipline, it requires hard work. It is possible to make money consistently trading forex with the right training, the right tools, and the right broker. OANDA provides practice accounts for this very reason. fxTrade Practice is free to use, it's unlimited, and it allows you to trade with $100,000 of virtual currency.

OANDA vs IC Markets Comparison. We’ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry.Our research is unbiased and independent; …

there's a definite difference because tradingview's default chart has FXCM as a broker so spreads will differ. i'd suggest using tradingview for analysis then looking back at your broker's chart for executing orders. They have forex charts from FXCM, IDC and Oanda. At least what I can find. Actually tradingview doesn't have FAQ or wiki about ...I've compared results between Oanda and FXCM data and noticed that one will produce a winner, while the other will not. Anyone experience the same issue? I'm about to do some deep dive into understanding the difference but if someone encountered this already and want to shed some light and save me some redbulls I'd appreciate it. That's the ... Oanda has been really crap recently. Especially their app. The balances are not correct over 10 second lag when completing trades or checking prices and now they won't let you trade crypto durring the weekend. The analysis comes down to this: For Core + Commission, on a 10k lot, you will pay 50 cent commission per side, plus the Spread. Therefore, if the spread is more then .5 pips tighter under the commission plan, it saves money over the Spread plan. Looking at Oanda Spread stats, the spread never gets below 1 pip for EUR/USD.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.On the Oanda website log in under the FXTrade Practice labeled section (even if you want to use MT4) On the next page you will see Add Sub Account. If I remember correctly, here is where you will set up an account for MT4. This is separate from your Oanda fxtrade login.Oanda is super simple and arguably has the best mobile trading platform. You won't learn as much on the mobile platform because the charting is understandably limited, but a good mobile is helpful when learning market timing and developing habits. Their desktop platform is good also, but make sure you use advanced charting.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ... If you use OANDA your leverage is capped at 50:1 here in the US; Unless you have a decent bankroll to start (20-30k minimum), I would use a broker that has 500/1000:1 to scalp ...Compare Oanda vs. FOREX.com and find out which is the best forex broker for you. Discover the features and fees of two of the top brokers.

Interactive Brokers is #1 in our CFD broker rankings . OANDA is an award-winning global broker, established in 1996. The hugely respected brand offers competitive trading accounts and serves clients from 196 countries. It has proven a popular option with both beginners and experienced traders thanks to its user-friendly and sophisticated web ...

As with any trading discipline, it requires hard work. It is possible to make money consistently trading forex with the right training, the right tools, and the right broker. OANDA provides practice accounts for this very reason. fxTrade Practice is free to use, it's unlimited, and it allows you to trade with $100,000 of virtual currency.

Best. Add a Comment. skunkman911 • 4 yr. ago. Been using Oanda myself for the last 3 years, deposits are instant through debit, i use the fxtrade platform instead of the popular mt4/5, cant complain as both mobile and desktop versions are easy to use.Best Forex Brokers for Social Copy Trading. Here are the best forex brokers for copy trading, based on our testing of 39 brokers across 113 variables. eToro - Best overall platform for copy trading. AvaTrade - MetaTrader suite, ZuluTrade and DupliTrade. Pepperstone - MetaTrader, DupliTrade, and Myfxbook.Mind you, This is without adding any additional money and just taking profit after profit after profit the entire time. Profits add up very fast. So to answer your question yes, you can make some serious money in Oanda with common sense and with little effort and very little capital. 1. true. Hey guys I just noticed that Oanda offers additional spread discounts as an option under their advanced trader program. You can see the option here… AdvertisementForex and metals CFDs. Our pricing for forex and metals CFDs is derived from our liquidity providers - major financial institutions who provide us with available spot pricing for FX pairs and metals. These prices are analysed by our automated pricing system to generate our midpoint price for each FX pair and metal CFD.Interactive Brokers is #1 in our CFD broker rankings . OANDA is an award-winning global broker, established in 1996. The hugely respected brand offers competitive trading accounts and serves clients from 196 countries. It has proven a popular option with both beginners and experienced traders thanks to its user-friendly and sophisticated web ...MT4 custom bridge: All the advantages of OANDA’s pricing and execution, combined with MT4’s charting and analysis. Plug ins and upgrades: Access our superior technical analysis package as a plug-in and upgrade to use 28 additional tools. Automate strategies: Build trading algorithms and backtest your trading strategies.The analysis comes down to this: For Core + Commission, on a 10k lot, you will pay 50 cent commission per side, plus the Spread. Therefore, if the spread is more then .5 pips tighter under the commission plan, it saves money over the Spread plan. Looking at Oanda Spread stats, the spread never gets below 1 pip for EUR/USD.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ... I'm using oanda, their average spread is about 0.5 pips for their commission basis account and 1.5 for their spread ...Take Oanda for example, likely one of the largest market making (B book) brokers out there. They are a solid shop and very trustworthy. A bad broker is going to be a bad broker regardless of what "model" they hold themselves out to be. Dave-1066 • 3 yr. ago. The impact on price that any retail broker can wield in forex is unimaginably ...

Updated. May 2022. Even though both Oanda and IG are forex/CFD brokerage giants, IG provides more of a premium service experience. While they are very similar in most categories, IG has a broader selection of products (including ETFs and real stocks. IG’s trading platforms are superior even when compared to Oanda’s well-built platforms.It doesn't sound like Oanda is the problem. You can't call yourself a trader if you don't trade. The inactivity fee is clearly stated in their terms several times. I use Oanda everyday, and get amazing results, I would even say they're one of the top brokers in the world. I get anywhere from 5-12% ROI daily using Oanda. Like some have already said here, you can't trade CFDs in the US. If you want to trade it legally, you'll have to save up $25k to get past the PDT rule like every other securities day trader. Or if you want to be licensed then take and pass the FINRA Series 57 exam. Then you can day trade with however much capital you want.Instagram:https://instagram. adbe stock forecastmondee stock1943 zinc wheat penny valueshort duration treasury etf FXCM and Oanda are two prominent forex brokers who have been in the online trading business for many years. Oanda’s first data feed went live in 1997, while FXCM was founded shortly thereafter in 1999. In this FXCM vs Oanda review, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:Even as Oanda isn't an ECN, I haven't had any problems with slippage, or more importantly withdrawals. For the record, MBT was very friendly and told me what I needed to do to speed up the withdrawal process. whats vixfutures trading community I've compared results between Oanda and FXCM data and noticed that one will produce a winner, while the other will not. Anyone experience the same issue? I'm about to do some deep dive into understanding the difference but if someone encountered this already and want to shed some light and save me some redbulls I'd appreciate it. That's the ...May 2022. While Oanda and Forex.com are very similar in that they are both forex/CFD brokers, the two can differ greatly when it comes to the details. Forex.com has much higher fees than Oanda and its desktop platform is mediocre. Fees are especially high for CFDs trades, not so much forex. Forex.com's parent company is listed on a stock ... list of energy stocks Here are some helpful Reddit communities and threads that can help you stay up-to-date with everything WordPress. Trusted by business builders worldwide, the HubSpot Blogs are your number-one source for education and inspiration. Resources ...The analysis comes down to this: For Core + Commission, on a 10k lot, you will pay 50 cent commission per side, plus the Spread. Therefore, if the spread is more then .5 pips tighter under the commission plan, it saves money over the Spread plan. Looking at Oanda Spread stats, the spread never gets below 1 pip for EUR/USD.Aug 29, 2023 · August 29, 2023. Is OANDA better than BlackBull Markets? In our analysis of 23 international regulators across 62 of the best forex brokers, OANDA is considered Highly Trusted, with an overall Trust Score of 93 out of 99. BlackBull Markets is considered Average Risk, with an overall Trust Score of 77 out of 99. Learn more about Trust Score.