Thread: Starting with OANDA and bad leverage from them

Originally Posted by ;

I really like using Oanda, and leverage is not a problem. I've got my account set to 10:1 leverage. I will exchange about 1/4 of those allowed units, which is approximately 2.5% of leverage on 100:1 if I am not mistaken. I wont touch the leverage setting, this way if I ever do something stupid I wont hurt myself too bad. :

Yup, and that is why OANDA doesn't even offer leverage greater than 50:1, because they don't want their clients doing something dumb. . .or so they claim.

It should be noted that Oanda's maximum leverage to OPEN a trade is 50:1. Once the transaction is started, then the required leverage to keep stated trade is 100:1.

Keep asking for OTP password whenever we need to log onto their platform. Iphone's chart is worse in Market and also spreads kill trader during peak hour.
Why such firm exist??????

Can you envision I bid on Aud/usd and TP error by IGmarkets at provide eur/usd during spike??? It truly a laughing and dangerous thing in Igmarket..lucky I bid when price moved upward which I profit 6,9k because I entrance aud/usd 1.0552and close out by system because of spike' on eur/usd 1.3552 by these. But just after 1hr, IG's client officer write an email about System Error and ask to reunite $$. Ever since I already ask for profits withdrew after checking my aud/usd TP position with surprise and confusion. what kinda of Platform is IGmarket?gt;??
NOTE: Immediately we withdrew our $$ and closed our Account with IGmarket!!!!!!
CAUTION!!!!! EVERYONE!!!!!!!!!
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We believe that such Business Hedge our rankings into the market everytime we exchange to acquire more profits. . .hmmmmm

OANDA has well reputation. Before, I also exchange together, but since my egy want over 1:50 leverages I moved to IBFX Aussie

As my comprehension ( CMIIW ) , maximum leverages for NFA brokerages is 1:50 and don't permit hedging egy.