Say I want to open a $100 account with them, how much would I pay in fees? If it is account opening fees or fees when I trade. BQ1: How close is the real account to demo account in Oanda? Thanks.
Forget MT4 and Oanda...it's a mess. Besides, The MT4 platform has minimum 1000 unit trades. You can trade single units at Oanda...why not open with 5 bucks and trade live and real on their own platform (not MT4). You do not need a Demo at Oanda... ES P.S. I am not aware of re-quotes at Oanda...but eurojack is accurate on the other messes.
Thanks. I'm not gonna be using MT4. I am using their fxtrade platform which to me has been much better. I had a few issues with MT4. I'm gonna be depositing with paypal.
There are no requotes on fxTrade; if they post a quote and you execute on it, they will insta-fill you up to 10mil size on a single order. Stay away from their MT4 implementation, or use it but don't expect it to be rock solid, stick with the fxTrade platform.
I was talking in general, demo vs real. Execution at Oanda is superb and can be compared to ECN/STP but I never used MT4 with them (only fxTrade). I dislike the Metatrader in general, I only use it for charting and I wouldn't use it on a live account.