Oanda - Add Your SCAM SCREENS Here
- Thread starter forestgril
- Start date
Ah right, ok
forestgril has covered them pretty much, but the most significant issue for me was in this post, the video says it all.
If you're just using Oanda's charts and price feed then it's easy to miss things like that.
No explanation was given, no trades were reversed, and to be honest not many Oanda customers seemed to even understand the implications of quote manipulation like that!
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Quote from cabletrader:
forestgril has covered them pretty much, but the most significant issue for me was in this post, the video says it all.
If you're just using Oanda's charts and price feed then it's easy to miss things like that.
No explanation was given, no trades were reversed, and to be honest not many Oanda customers seemed to understand the implications of quote manipulation like that!
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I've been in the position to profit, momentarily, from those errors. Every time I've nicked Oanda it's been busted. Are you stating that anyone trading with Oanda during that 40-pip error was stopped-out and not made whole?
Oanda stood by those quotes and therefore didn't reverse any trades.
What do you mean by 'stood by their quotes' - its not like they announce every incident of trade-reversals on their forum.
I have seen this incident happen live - its was 5 minutes after NFP. But, i have to say, every time i caught a spike they reversed the trade (be it a profit or a loss).
I agree that 3rd party data and charting is really useful - but that is the case with every marketmaker, not just oanda.
I have seen this incident happen live - its was 5 minutes after NFP. But, i have to say, every time i caught a spike they reversed the trade (be it a profit or a loss).
I agree that 3rd party data and charting is really useful - but that is the case with every marketmaker, not just oanda.
'Stood by their quotes', meaning they.....stood by their quotes, therefore no trades were reversed. When asked they said there was nothing wrong with those quotes.
........I'm getting a distinct feeling of Déjà Vu here
Don't worry about it folks, if you can't see what's wrong with the picture then it really doesn't matter, it's old now anyway and Oanda seem to be behaving themselves this past few weeks.....time will tell I guess.
Quote from cabletrader:
'Stood by their quotes', meaning they.....stood by their quotes, therefore no trades were reversed. When asked they said there was nothing wrong with those quotes.
........I'm getting a distinct feeling of Déjà Vu here
Don't worry about it folks, if you can't see what's wrong with the picture then it really doesn't matter, it's old now anyway and Oanda seem to be behaving themselves this past few weeks.....time will tell I guess.
OK, so you were not stopped out. Thanks. Your image is current? IOW, I can search for that NFP date and find that 40-pip drop?
I don't understand, how would that be significant either way?
lol, I really don't want to get into an argument about this, I know some people get very defensive about Oanda regardless of what's staring them in the face so let's leave it there shall we, most of this has been discussed in detail in this thread already.
Bottom line, Oanda seem to be ok at the moment, let's hope it lasts because without the 'tricks' they're a hard MM for the competition to beat!