Problem getting smaller with OANDA?

Discussion in 'Forex Brokers' started by alex.samant, May 14, 2008.

  1. Hey

    I want to open up a sepparate account for smaller timeframe trades with OANDA.

    I checked out their FXGame to see how the platform is.

    Now, i noticed that if I open a 10.000 trade and later on i want to cover 5.000 of the intial 10K, i simply CAN'T!!!!!

    How could this be?

  2. Moe27


    if your trying to close half your position and your in a buy 10k trade just sell 5k and that will close 5k of your position because there's no hedgeing with oanda.
  3. i saw that. thanks for the input :)
  4. Also, you can simply open a sub account on your main account and freely move money around from your main account.
  5. what would be cool is if they would let me use a sub account just for margin purposes.