You Know You Are Good When........

Quote from ElectricSavant:

I had to stop using Oanda's MT4 months ago. It was sad for me as I had so much hope for Oanda's MT4. I forward test a lot of EA's and Oanda's MT4 screwed up my tests to a point that I could not trust the results. I had to stop and Oanda takes too long to fix a problem when it is brought to their attention.

I am starting to think that Oanda is the biggest thief of all the Forex dealers out there especially when they have to slow MT4 down. I believe that they wrote their own software to monkey around with the price, rather than using Boston Technologies plug-in. I believe they wrote their own management software just to say they do not use the plug-ins that so many of us traders hate and get ripped off with.

Don't let them fool you with their narrow spreads, especially when they shop your fill or monkey around with it.

The coder that I work with has just stopped using the likes of Oanda recently along with the likes of IBFX (they smooth the price too much).

ES
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Very useful info,thanks.
Who to use instead ?
 
Hombre,

Thank you for the kind words. I honestly do not know who to use instead. I think they are all thieves. This post does not help you that much, but I am reasonably sure that it is an accurate answer.

Please be careful with Retail Spot Forex Trading.

ES

Quote from Hombre:

Very useful info,thanks.
Who to use instead ?
More...
 
Quote from ElectricSavant:

Hombre,

Thank you for the kind words. I honestly do not know who to use instead. I think they are all thieves. This post does not help you that much, but I am reasonably sure that it is an accurate answer.

Please be careful with Retail Spot Forex Trading.

ES
More...

I will, thanks.
 
I wasn't trying to imply that I am some kind of great trader. Any size I do is on FXTrade, because I think there are some issues with MT4, and I hope it is not on purpose. It is just funny because bad entrys, by that I mean when I make a mistake, seem to get filled at light speed, but if I nail it I get checked a bit. Seems too consistent to be a coincidence. However, I guess nature of the beast if you are actually picking spots where one side of the book is shrinking rapidly.
 
I did some 2 and 3 mm trades at fxcm london in 2010. Seemed fine. I never felt they were screwing me. Granted I left them after they switched us back to US, so not a ton of history, but I think the big US brokers are pretty solid now. I know you can easily do size on FXTrade at Oanda, and am sure FXCM is good as well.
 
Quote from Jack_Larkin:

That doesn't mean you're good, just that you trade size.

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But you had to get good in the first place to have the capital to trade that size, no?
 
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