Forex.com vs oanda reddit.

Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.

Forex.com vs oanda reddit. Things To Know About Forex.com vs oanda reddit.

FOREX.com provides traders 91 currency pairs (e.g., EUR/USD) compared to OANDA's 71 available pairs. If you are interested in trading CFDs, …Oanda's service is on par with Pepperstone's and a comparison of their fees shows that Oanda's fees are slightly higher than Pepperstone's. Account opening takes somewhat more effort at Oanda compared to Pepperstone, deposit and withdrawal processes are somewhat more complicated at Oanda, while customer service quality is similar to …And they offer an app if you don't like either. They have a couple of trader options; one for beginner, another for professional with lower spreads. I wish I could trade more things like metals and crypto, but it is called "Forex.com". I left them and went with OANDA. smaller spreads. both customer service sux tho.They are not known for forex like Oanda or CMC markets, or forex.com are. But sure, I guess they are an option for you. I used to be on Questrade. Questrade was awful. Too many hidden fees, and charges. Bad customer support. Although strangely they had good customer service when I decided to close my account.

Canadian checking in. FX brokers are incredibly limited to Canadians because of newish rules that were introduced by Canadian securities regulators. In order for a Canadian citizen to use a financial services provider, that provider must be licensed to operate within Canada AND maintain a physical office within Canada.Aug 29, 2023 · August 29, 2023. Is IG better than OANDA? In our analysis of 23 international regulators across 62 of the best forex brokers, IG is considered Highly Trusted, with an overall Trust Score of 99 out of 99. OANDA is considered Highly Trusted, with an overall Trust Score of 93 out of 99. Learn more about Trust Score.

So it comes as no surprise that their internal handling of it might not be perfect yet. Don't get your hopes up elsewhere. Even at IB I've seen pretty patchy responses to some of their more imminently imposed regulations. I'm fairly certain that they're still misrepresenting their advertised margins online ATM. These are really lean operations.

Oanda's platform is java based or something and a waste of time. However both brokers let you use MT4 also, and you'll probably want to jump around to lots of different brokers if you get serious and so it's a good idea to learn metatrader4 early since pretty much everyone offers it. There's no other difference in their demo accounts. 25 votes, 36 comments. 313K subscribers in the Forex community. Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about…1. You have a decent account size. Earlier, I mentioned that if you have a $1000 account, it doesn’t make sense to subscribe to TradingView because you need to generate a return of 12%/year to breakeven. But, if your account is larger (let’s say $5000), then it makes sense since you only need 2.4%/year to breakeven. 2.It entirely depends upon your trading strategy and preferences. Oanda provides good execution and doesn't require any minimum deposit for personal accounts while FXCM lays down a minimum deposit requirement of $50. All withdrawals are also processed by Oanda within 1 day while FXCM takes 3-4 working days. Both are solid.Apr 21, 2023 · A good forex broker should be regulated, offer a reliable trading platform, competitive spreads and commissions, and excellent customer support. Based on user reviews and ratings on Reddit, Oanda is the best forex broker for traders looking for a trustworthy and reliable broker. However, it’s important to conduct your research and evaluate ...

Oanda's website says no trade info is real-time (see: stocks/etc.) except for data that is free: FX + Crypto, so in theory, I should be able to execute entries/exits on time. Any feedback based on experience is much appreciated. (pro's / con's) 1 comment. LSSCI • 2 yr. ago.

There’s also the library of community tools for you to use. TradingView works on mobile. You can post and read other’s trade ideas. You can chart comparisons to instruments not related to currencies. TradingView actually gets updated where Oanda does not. Anyone who has tried it wouldn’t be asking this question.

I have both oanda and forex.com ( account was transferred when FXCM stopped operating in the u.s). Oanda has way better spreads and their MetaTrader servers have 4pm daily close. Also I easier to transfer money around and use their api. sgtmashedpotato • 6 yr. ago. Forex Trading. Forex.com is a leading FX broker. The brand offers a wide range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.0 with a $7 commission per $100k. OANDA offers 68 currency pairs, which is above the industry average.Capital.com vs Oanda: Pros and Cons. Capital.com (Capital) is a British Forex broker that provides its services to traders and investors worldwide. The company's activities are regulated by two bodies: CySEC — the Cyprus Securities and Exchange Commission, and the FCA — the UK Financial Conduct Authority.I tested Oanda a while back. I think the java based platform wouldn't work so well for me. Seems a little resource needy. I'm using forex.com & MT4. I dislike their in-house forextraderpro platform - zoom and a few other things, but I could probably live with it. MT4 is just more simple, fast enough, and stable.25 July, 2023 12 0 Forex Com vs Oanda: Which Offers the Best Trading Platform? When it comes to forex trading, having a reliable and user-friendly trading platform is crucial. It …Oanda vs IB vs others for beginner forex algotrader. I consider myself as having strong skills in sw engineering, algorithms, ml and data analysis, but I am a noob in trading, though someone who is experienced in trading is helping me. I decided to try to build some bot and tools, which will target XAUUSD, and currently looking for broker with ...You could stick with MT5 and peruse their documentation website, there's a link to it in the top menu of the desktop app under "help", but it'll be a lot of time spent on a platform most brokers have repeatedly rejected. 2. • 4 yr. ago. Also you don't have to calculate how much you are risking in each order.

Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.From what I've heard IG is still relatively new to the American market, but they sound very promising with their low spreads and high amount of trust globally. I don't have a ton of experience with Oanda, but do hear mostly good things. I opened an IG US account when opened shop in the US, and have since moved my deposits over to them.Oanda is the better out of the two brokers. It provides nice trade execution at standard trading costs but if you want a broker who has low spreads, charges standard …OANDA or IG for totally new trader? Hello, i plan to stick with a broker for a long time, from demo to live account later on. Any review or experience regarding …Interactive Brokers vs FOREX.com Comparison. We’ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry.Our research is unbiased and …

Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.Aug 29, 2023 · August 29, 2023. Is IG better than OANDA? In our analysis of 23 international regulators across 62 of the best forex brokers, IG is considered Highly Trusted, with an overall Trust Score of 99 out of 99. OANDA is considered Highly Trusted, with an overall Trust Score of 93 out of 99. Learn more about Trust Score.

May 2022. Oanda ranks better in most key areas than FXCM apart from education (but FXCM's advantage is rather slight here). Oanda's proprietary trading platform, fairer fees, and top-notch research tools are very stong arguments in its favor. When it comes to account opening and product selection, the two brokers have the same quality of service. Nov 28, 2023 · Our research revealed that OANDA claims a median execution speed of 12 ms, utilising their low-latency proprietary trading engine, “V20”. IG, on the other hand, has a published execution speed of 15 ms with a 97.93% fill rate, executing 100% of trades in under a second. What Changed? Fact Checked Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner …Oanda is Gone. Oanda has migrated their clients in European to Oanda TMS, now their clients can not use v20 api and oanda trade platform. In the Oanda TMS, they only support MT5 now. Pretty sad, I get used to their API tho. After migration to Oanda TMS, I also realized that an API interface is not available for retail trader anymore. All my ... Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. Admin fees in forex are not "industry standard". Oanda is literally the only broker adding random charges into the swap rates. Swap rates are not even supposed to be fees they are interest charges and depending on rates it should be possible to …If you are using OANDA's fxTrade, follow these instructions: Select 'Tools', next 'User Preferences' and then 'Rates'. Open the dropdown list at the top left, and select 'Precious Metals'. Click or tap on 'Add All', next choose 'Apply' and then 'Save' to add all precious metal pairs to your quoting panel.

I have both oanda and forex.com ( account was transferred when FXCM stopped operating in the u.s). Oanda has way better spreads and their MetaTrader servers have 4pm daily …

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You should prefer commission over spreads if the total cost is lower, or if your strategy depends on low spreads, or if you plan trading during the news, when spreads can widen significantly while commission usually stays the same. eirik19993 • 5 yr. ago. If the spread is 2 pips and I trade a 10.000 USD position, I thought the fee would be ... May 2022. Oanda ranks better in most key areas than FXCM apart from education (but FXCM's advantage is rather slight here). Oanda's proprietary trading platform, fairer fees, and top-notch research tools are very stong arguments in its favor. When it comes to account opening and product selection, the two brokers have the same quality of service. On the other hand I know Forex trading is just one service they offer (not a primary focus I am sure) and dislike the $2,000 minimum requirement. I understand Oanda to be a reputable broker with great service, but my primary concern is getting my money out, associated fees, finance charges, etc. I would ideally like to keep withdraw money as I ...I tested Oanda a while back. I think the java based platform wouldn't work so well for me. Seems a little resource needy. I'm using forex.com & MT4. I dislike their in-house …They are not known for forex like Oanda or CMC markets, or forex.com are. But sure, I guess they are an option for you. I used to be on Questrade. Questrade was awful. Too many hidden fees, and charges. Bad customer support. Although strangely they had good customer service when I decided to close my account.Oct 22, 2023 · FOREX.com offers 84 currency pairs but OANDA only offers 70+ pairs. You clearly have more currency pairs to choose from with FOREX.com. This gives you more options when trading. Aside from currency pairs, FOREX.com also offers other trading assets such as CFDs, commodities, metals, stocks, and cryptocurrencies. I have both oanda and forex.com ( account was transferred when FXCM stopped operating in the u.s). Oanda has way better spreads and their MetaTrader servers have 4pm daily close. Also I easier to transfer money around and use their api. sgtmashedpotato • 6 yr. ago.arber321 • 4 days ago. Neither, I have used oanda and forex.com and they both steal all your money, they charge me daily 50 dollars for holding usd/jpy, 200 dollars for holding usd/try. 1. JoaDeLafayette • 4 days ago. Wow is that because you are trading with large size? arber321 • 4 days ago. Neither, I have used oanda and forex.com and they both steal all your money, they charge me daily 50 dollars for holding usd/jpy, 200 dollars for holding usd/try. 1. JoaDeLafayette • 4 days ago. Wow is that because you are trading with large size?

TD Ameritrade has much better software (TD Ameritrade) but they are not built for Forex so the funding and trading is set up for Stocks/Options first, Futures second and waaaay down the road, Forex. Oanda is built for Forex but is not as polished or as powerful. Sensitive-Subject269 • 1 yr. ago.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.There’s also the library of community tools for you to use. TradingView works on mobile. You can post and read other’s trade ideas. You can chart comparisons to instruments not related to currencies. TradingView actually gets updated where Oanda does not. Anyone who has tried it wouldn’t be asking this question.So I am starting with Oanda. I am wondering if there is a way to do a trailing stop buy through Oanda. However I don’t think it can happen. ... Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Terms & Policies ... r/Forex • Why buy prop challenges when you can use a 1:500 account and be your own prop firm. ...Instagram:https://instagram. list of forex brokersget funded tradingbest broker for international tradingimmunogen company Admin fees in forex are not "industry standard". Oanda is literally the only broker adding random charges into the swap rates. Swap rates are not even supposed to be fees they are interest charges and depending on rates it should be possible to …Oanda is the better out of the two brokers. It provides nice trade execution at standard trading costs but if you want a broker who has low spreads, charges standard … legit forex trading platformnon stock market investments Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. mergers and acquisitions list FOREX.com vs OANDA 2023 Written by BrokerNotes.co August 24, 2023 Trying to decide between FOREX.com and OANDA? We’ve taken the guesswork out of …Go to Forex r/Forex • by Insillism. View community ranking In the Top 1% of largest communities on Reddit. TOS vs. Oanda . For US based traders, which broker is better for medium sized accounts? comments sorted by Best Top New Controversial Q&A Add a Comment. More posts you may like. r/Forex • i passed a 10k funded account at age 16, …