Does OANDA Slip and Spread

Discussion in 'Forex Brokers' started by TradeViper, Aug 17, 2006.

  1. I don't have time to search all of the threads, so could some of the full time OANDA traders help me understand something? I know OANDA artificially widens the spread before news releases, but now I am hearing that there is slippage on entries also. Is this the case?

    The ever inquisitive VIPER
  2. Yes, of course. But slippage can be negative or positive.
  3. really?..I have not seen price improvement.

  4. ddunbar

    ddunbar Guest

    Always negative here too.
  5. ddunbar

    ddunbar Guest

    However, On IB, Hotspot and CME futures I've had a few cases of price improvement.
  6. I have a solution. Get flat and instruct Oanda to wire or cut a check for your balance. Everyone wants to exploit one way paper at the expense of the dealer. GLOBEX is the answer if you want to trade the news. Hotspot has a great platform and Currenex is nice as well if you must trade spot.
  7. sccz97


    well said .... admittedly the someo f these dealers deserver everythig they get ..... but they'll end up just taking it out on a fewaccounts to even the score. Best course of action ? learn to trade properly