StreamlineTrade
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This will only be for a second or two.
I never could understand why someone would want to trade at a bucket shop.
I mean, its just not good business sense is it?
OANDA's 15 pip cable spread
- Thread starter notouch
- Start date
This will only be for a second or two.
I never could understand why someone would want to trade at a bucket shop.
I mean, its just not good business sense is it?
I'm afraid I'll have to disagree and can provide tick data for you. There are plenty of reasons to trade either futures via exchange and spot through a bucketshop. Of course it depends on your trading style and strategy but why ppl can't comprehend the benefits of trading with both is beyond me
If you insist on trading cash FX thru bucketshops, you deserve to be raped, hit on the head with a shovel and left in a shallow grave. Bucket shops like Oanda exist for retail customers who are net losers in the game of speculation. If you want to trade FX, trade a regulated free market like the CME's futures contracts. Do you think professional traders are using Oanda? Come on. 
Quote from rhymeswithorang:
If you insist on trading cash FX thru bucketshops, you deserve to be raped, hit on the head with a shovel and left in a shallow grave. Bucket shops like Oanda exist for retail customers who are net losers in the game of speculation. If you want to trade FX, trade a regulated free market like the CME's futures contracts. Do you think professional traders are using Oanda? Come on.
so the traders who are consistently making money trading spot fx are just lucky?
hardly, but they aren't doing it through a bucket shop, they are professionals, trading interbank.
Oh ok, sorry. Lots of hacks trading 5K accounts on Oanda are making a great living. I'm sure they are just knocking it out of the park. That is one assumption I can make confidently.
yeah there is, you will never, repeat never, be succesful starting out with 5K.