Thread: Oanda vs FOREX.com vs any other broker for US clients

Trading with Forex.com means sleeping with one eye open. . .in my experience, they hunted down my stop losses that a grotesque number of times....they would have these CRAZY spikes out of nowhere, spreads would widen past the normal threshold as compared to ANY other broker I have ever known...I called them out on it so many times it is not even amusing. I would NEVER go back to Forex.com or any GAIN capital related firm...I think that it's a pity that Manchester City FC would lend their name into this broker...

Originally Posted by ;

Trading with Forex.com signifies sleeping with one eye open. . .in my expertise, they hunted down my stop losses that a grisly amount of times....they could have these CRAZY spikes out of nowhere, spreads would widen past the normal threshold in comparison with ANY other broker I've ever known...I called them out on it so many times it's not even funny. I wouldn't ever go back to Forex.com or some other GAIN capital associated company...I think it's a shame that Manchester City FC would lend their name into this broker....

That is similar to my experience together back in 2010, but figured out now they could be different.

FXCM would search SL too and that I have a folder of screenshots recording it on the tick charts (which I adored about Trading Station). I think they.

I'm fairly sure GAIN was the sole broker to create a profit on the Franc Peg break and the reason behind that is that they trade so greatly against their clientele. FXCM did not have the hedge that GAIN had and went under. My opinion is that FXCM began trading contrary to their clients and learned their lesson, then got in trouble because of this. Ironic that the actual criminal is GAIN while the 3's ethical was prohibited.

Anyhow, I'm left with two evils from which to choose. It appears one is as good as another. I chatted with the reps from each broker and neither had any idea why they should be chosen by me.

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I am currently with Oanda, and the spreads are large (see remarks in the Oanda thread). But I have to say that the executions of Oanda are adequate so far, likely due to the new engine that they implemented. From what I have read about forex.com, I am staying away, however I want to hear others' viewpoints. I am looking at trying MT5 on AMP stocks (just futures broker I know of that provides free metatrader).

What did you see about forex.com? The oanda thread is huge!

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quote That's similar to my experience with them back in 2010, but figured by now they might differ. FXCM would hunt SL too and that I have a folder of screenshots recording it on the tick charts (that I adored about Trading Station). I think they. I am pretty sure GAIN was the only broker to make a profit on the Franc Peg break and the main reason behind this is that they trade heavily against their clients. FXCM did not possess the hedge that GAIN went under and had. My opinion is that FXCM learned their lesson from this and started...

As for the other broker among the listing....not looking too hot, Daniel Skowronski is yet another Oanda CEO resigning in under two months:

http://www.leaprate.com/news/forex/b...-ceo-oanda-uk/

Originally Posted by ;

quote As for your other broker on the list....not looking too hot, Daniel Skowronski is yet another Oanda CEO resigning in under 2 months: http://www.leaprate.com/news/forex/b...-ceo-oanda-uk/

I wonder why everyone is bailing from Oanda in such a stampede. I think they have the record on the BBB.

I called FOREX.com to ask several questions, one of them being why my entry order did not perform following the price passed it. The error was verified by the guy, but couldn't explain it. He said it's very infrequent, but these things happen and I have the option. I asked what the odds were that this could happen on my first trade. He said he did not have enough data to compute the odds.

Fantastic morning everyone.

I had been one that had my account changed by FXCM to Forex.com, I discovered that the bid/ask prices on the charts do NOT match what's seen in the Marketwatch window.

I placed a tiny long trade and it executed at the marketwatch price and shut in the marketwatch price. However, if desire your charts to coincide with the marketwatch then you're out of luck.

I figure I will now have to open an account with Oanda because I prefer to have charts that match with the marketwatch prices.

Obviously, should you exchange on longer time frame charts this might not be a variable, but if you trade on 15m or less I believe that you will see a noticeable gap in the charts.

Good luck to all.

Originally Posted by ;

Good morning everyone. I was one who had my account changed from FXCM to Forex.com, this morning I discovered that the bid/ask prices on the charts do NOT match what's found in the Marketwatch window. I placed a tiny trade and it executed at the marketwatch price and shut at the marketwatch price. But if desire your charts to coincide with the marketwatch then you are out of luck. I guess I will now have to start an account with Oanda as I prefer to have charts that fit with the marketwatch prices. Obviously, if you trade on longer time frame charts this...

Let's know how it goes with Oanda, and decent fortune

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quoteafter the u.s. regulators begin to investigate forex.com thery will find out there worst then FXCM and they too will be out in the u.s.a leaving us with one broker

then oanda will get greedy knowing it is the only player left, begin to increase spreads even more and the that they get kicked out to screwing people over then what?

Currency Market is dead in the United States

Originally Posted by ;

quote afterward oanda will get greedy knowing it is the only player left, begin to raise spreads even more and the they get kicked out for screwing people over then what? Forex is dead from the US

you took ur acc to over 200k then u hit a loosing spree, damn, how can u wake up in the morning, identifiion be crushed