Oanda fees?

M

mm2mm

Say I want to open a $100 account with them, how much would I pay in fees? If it is account opening fees or fees when I trade.




BQ1: How close is the real account to demo account in Oanda?


Thanks.
 
Forget MT4 and Oanda...it's a mess. Besides, The MT4 platform has minimum 1000 unit trades.

You can trade single units at Oanda...why not open with 5 bucks and trade live and real on their own platform (not MT4).

You do not need a Demo at Oanda...

ES

P.S. I am not aware of re-quotes at Oanda...but eurojack is accurate on the other messes.
 
Thanks. I'm not gonna be using MT4. I am using their fxtrade platform which to me has been much better. I had a few issues with MT4.

I'm gonna be depositing with paypal.:)
 
If you deposit with paypal....you gotta' withdraw by paypal...watch the fee's

ES

Quote from mm2mm:

Thanks. I'm not gonna be using MT4. I am using their fxtrade platform which to me has been much better. I had a few issues with MT4.

I'm gonna be depositing with paypal.:)
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depends on many factors. I have no trouble. Live account.

Quote from eurojack:

There are no setup fees.

Real accounts have re-quotes, slippage, freezes and disconnectings.
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There are no requotes on fxTrade; if they post a quote and you execute on it, they will insta-fill you up to 10mil size on a single order.

Stay away from their MT4 implementation, or use it but don't expect it to be rock solid, stick with the fxTrade platform.
 
I was talking in general, demo vs real. Execution at Oanda is superb and can be compared to ECN/STP but I never used MT4 with them (only fxTrade). I dislike the Metatrader in general, I only use it for charting and I wouldn't use it on a live account.
 
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