Oanda has given no cause for concern over severl years - check out the threads here on Elite Trader( by long established posters). So why the rush to bash Oanda?
Hey, I found this post on MoneyTec, regarding Oanda: Thay have been doing it for quite a while, every bad mouthing of the service or their own forum gets banned and dellted and then thay send their little gang of O-ANDA ens (damage control) out to other forums like here to chat about how good thay are when thay are nothing but a 2 bit bucket shop .. No wonder why MoneyTec blocks out their names in here. toby400: You are an old member but all messages you posted are in favor of Oanda. Here is my theory: Oanda brags about them not having referral program, but they have OANDANS for forums. Are you one of the Oandans?
Excellent - try their fx simulator game. Or search the threads here by punching in "Oanda" into the "Search" link at the top of the page. IB also allows you to trade spot at low spreads (Lower than Marketiva)