I got SERIOUSLY robbed by Oanda

Discussion in 'Forex' started by PaulRon, Nov 19, 2008.

  1. PaulRon


    I sent an email to them tonight after I could examine what happened today.. unbelievable. I had the same things happen with EUR/JPY but didn't want to get redundant


    <img src="http://elitetrader.com/vb/attachment.php?s=&postid=2185500">
  2. LEAPup


    Have you tried IB?
  3. jtnet


    oanda is jabrone
  4. PaulRon


    Once/IF I get my money back I'm withdrawing all my money
  5. Not related to the OP, but THIS is the kind of thing I tell to people seeking the lowest commission brokers or using a 3-man brokerage.

    I once lost a third of my account to Xpresstrade because they screwed up a stoploss-profit target pairing using their internal OCO programming logic. They couldn't flush the other side even though they had 30 minutes. It hit the pair in the worst order. In the OTHER direction it would have been great!!!!

    All they could tell me was "well, we SAID it was 'not held' "
  6. This is what happens during a fast market, you have to learn to live with it.

    forex-forex :)
    Trading guru
  7. And go where? An ECN? Futures?
  8. JB3


    LOL, you're not going to find a better broker that Oanda for forex.
  9. Geez thanks for bringing this up . I had big problems as well yesterday, the platform stopped updating and an order didn' t get executed when the dollar sold off at 9 am . I posted about it here.

    Eventually the order showed as executed but I guess I was too busy with some other things, this order only added to an existing position plus I closed everything shortly after as the dollar rallied so not looking at the log what I didn't notice is that my order HAD ALSO BEEN EXECUTED 70 PIPS AWAY.

    the platform kept shutting down the whole day as well.
    There was no reason for that bad execution, no news nothing .
    #10     Nov 20, 2008