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TradeSmarter

Joined Oct 06, 2010

Príspevky: 22

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Skúsenosť: Viac ako 5 rokov

Poloha: United States

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Did anyone else get burned by OANDA's Stop Hunting Practices Today?

Dude, Oanda is not a broker. You are playing against Oanda, and unlike black jack, the dealer here sees all your cards when you place a stop loss order.Not only that, the other player Oanda sets the price, not the market or other players.

2777

Feb 12, 2014 at 22:02

Did anyone else get burned by OANDA's Stop Hunting Practices Today?

There's a huge difference between a broker and a Dealer/Market Maker.Meaning a broker has a duty with both parties to broker a fair and honest deal and has no other interest in the deal than making his commission and get paid the same no matter which party comes out on top.A Dealer/Market Maker ...

2777

Feb 12, 2014 at 13:01

Did anyone else get burned by OANDA's Stop Hunting Practices Today?

It's funny how people keep on referring to Oanda as a broker. I'm starting to wonder if those people are victims of a misinformation campaign by Oanda, or if they are Oanda trying to spread the misinformation. 😀

2777

Feb 10, 2014 at 12:46

Did anyone else get burned by OANDA's Stop Hunting Practices Today?

Hmm.First, Oanda is not a Broker. They are a Dealer/Market Maker. Stop loss hunting is not done at the broker level since brokers do not act as the party on the other side. How ever Forex Dealers which are acting as Market Makers are the counter party and this is where this activity occurs.See ht...

2777

Feb 10, 2014 at 12:20

Did anyone else get burned by OANDA's Stop Hunting Practices Today?

Yeah, I've been reading about the liquidity argument there for a bit. I can understand spread widening in non USD Major pairs, but not in USD Major pairs.In any event, I've been trading off and on for over 5 years and never got burned like this on a USD pair. Also, a lot of dealers offer f...

2777

Feb 08, 2014 at 14:42

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