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  #41 (permalink)  
Old 05-01-2008, 04:27 PM
sickjue sickjue is offline
 

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Seems like I'm leaning the right direction here, as I'm deciding if I should use oanda or forex.com.

They have been rated as a top 10 online startup by silicon alley insider as well.



I guess this thread really has given me more reasons to deposit some real money into their company.

Last edited by PipDiddy : 05-01-2008 at 10:46 PM. Reason: Link Violation
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  #42 (permalink)  
Old 06-07-2008, 09:27 AM
Cromulent Cromulent is offline
 

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Thanks for all the opinions in this thread it is very handy for someone just about to open their first account.

The only thing I am concerned about is the fact that it is an American company. I would much rather use a UK company with the protection of the FSA. Any opinions on US regulations compared to UK regulations in the forex market?
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  #43 (permalink)  
Old 06-07-2008, 10:26 AM
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Quote:
Originally Posted by Cromulent View Post
Thanks for all the opinions in this thread it is very handy for someone just about to open their first account.

The only thing I am concerned about is the fact that it is an American company. I would much rather use a UK company with the protection of the FSA. Any opinions on US regulations compared to UK regulations in the forex market?
I would equate the NFA to the FSA.
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  #44 (permalink)  
Old 06-25-2008, 11:40 AM
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Default Topchess...followup question

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Originally Posted by topchess View Post
That is correct.

I trade in Oanda platform and do my analysis on MT4 (metatrader4)
Hello Topchess. I just downloaded FX game from Oanda and started comparing the data stream between MT4 (northfinance) and Oanda. They appear to be fairly close...usually within a pip or two. One thing I've noticed however is that Oanda's daily bars close at midnight while MT4's close at 5pm EDT. Since I place my entry and stop loss orders on the breakout of a given bar (on MT4) at first I thought that this could potentially cause a problem. You've been trading using the MT4 and Oanda for some time now. Have you run into any problems? Thanks.
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  #45 (permalink)  
Old 06-25-2008, 01:01 PM
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Quote:
Originally Posted by maxreturn View Post
Hello Topchess. I just downloaded FX game from Oanda and started comparing the data stream between MT4 (northfinance) and Oanda. They appear to be fairly close...usually within a pip or two. One thing I've noticed however is that Oanda's daily bars close at midnight while MT4's close at 5pm EDT. Since I place my entry and stop loss orders on the breakout of a given bar (on MT4) at first I thought that this could potentially cause a problem. You've been trading using the MT4 and Oanda for some time now. Have you run into any problems? Thanks.

You can change your Oanda platform to any timezone you wish,
therefore equalising this effect.

Go to Tools > User preferences > Locale > Timezone.
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  #46 (permalink)  
Old 06-25-2008, 05:02 PM
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Thanks Daydreamer!
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Old 07-04-2008, 12:12 AM
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reviews from both sides, making some interesting points for and against...

Oanda Reviews | Forex Trading Broker
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