Quote:
Originally Posted by jlmac27
Not to get off subject, but I am with Oanda and I basically scalp.I have not had a problem yet.Been trading live with them since like the middle of january.Is there something I don't know about them?I have talked to other traders as well that are usung the same method I use and without problems....????Sorry if I am distracting this thread tymen will erase if it is a problem...just curious..
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Hi,
As soon as I started being profitable my platform started to disconnect me and I would be unable to exit my trade until it was too late and it would move against me. After some time I contacted the live operator and this is the conversation that took place :
gold4me: My platform disconnect me after each trade and I'm unable to log in or stay on for any period of time. Are you not allowing short term trades?
Oanda:The only type of trading we discourage is latency trading, where someone uses a potentially fast feed to try and predict where prices will move next on the FXTrade platform.
OANDA: If you're not able to connect, feel free to contact us by phone or chat, and we can close a position for you.
gold4me: latency trading? Are you referring to scalping method?
OANDA: Yes, our definition of scalping is latency trading. We're not concerned with how long trades are kept open, but we don't want traders using a potentially faster price feeds to predict where our prices will move next.
Faster price feed??????????? I was just using their price feed and how fast that can go?
Comment are welcome.