Yes, thats how it is everywhere else, Oanda's limit orders are a misnomer. They are mit-orders. You can make them behave like true limitorders by setting the execution boundary to limit-price - that would guarantee price certainty. If you do not set ...

MARKET IF Touched orders for Forex Broker ?

Oanda limit orders are essentially market-if-touched orders, if you do not set execution bounds (bad idea).

MARKET IF Touched orders for Forex Broker ?

The broker probably doesnt care, but if a bank or multiple banks complain about a client, he might still be thrown out. A good relationship to the banks who provide liquidity is important to broker and essential for being competitive, after all. ...

Currenex platform of LCG , any good?

Anyone else had a marketdata outage during the big sell-off just now?

MB Trading Futures - Introduction

You see a price on your screen. This price is - depending on your internet connection - somewhere between 0.1 and 0.3 seconds old. Then you click on that price (thats not instant either), and another 0.1 to 0.3 seconds until your order gets to the ...

Commissions of Interactive Brokers

My guess is you would be slipped (towards true price) - or in case of limits, not get filled. At least it was the case when Oanda lagged. The quote server (a seperate machine which distributes prices to clients) was behind, wheres on the ...

FXCM Price Feed Vs MBT OANDA

Must be a lagging demofeed, if those were tradeable live prices, it would be like free money.

FXCM Price Feed Vs MBT OANDA

Some are visible in this sceenshot:

MB Trading Futures - Introduction

Oanda typically has 1.9 for GBP/USD.

Which MM or ECN brokers can beat Oanda Spread?

Its still annoying and shouldnt happen..

MB Trading Futures - Introduction

This looks like the spike was during roll-over period. I'm using 3rd party charting with mb, and also get spikes sometimes - mostly during roll-over and friday close, where they don't affect orders.

MB Trading Futures - Introduction

thanks!

VPS from CNS

Barry: if ICMP is blocked you can use tcping, just FYI.

VPS from CNS

Barry: how much latency from your NYC location to oanda (fxtrade.oanda.com) ?Its missing in your latency link..

VPS from CNS

No troubles with 500K to 1M orders, i dont see why >1M should be much different. Its not like a 2-3 mil order will get anyone excited in FX.

Which MM or ECN brokers can beat Oanda Spread?

Go to the NFA website and read the Advanced Markets record. Then click on Brocco (one of their principals) and click through all firms he was registered with and read the case documentations. Then do the same for Mr. Gooch (another AM principal). ...

Which MM or ECN brokers can beat Oanda Spread?

ECN vs. Oanda is maybe half a pip give or take (except for news releases). I wouldnt expect any miracles.

Which MM or ECN brokers can beat Oanda Spread?

What ever 'large' means by the OP's standards, IB has a max order-size of 4M for gbp. Also 'large' probably means he wants a platform with vwap price display capability, so he actually knows the price before sending a 'large' order.

Large account + large volume - Optimum Clearing Options?

Connection problems here today too, api as well as Java-gui. Unacceptable.

Oanda 3 days bad connection

I never traded 10m, usually 500k - 1m and fills are ok. 10m is what Oanda says their prices are good for. Anything more, and you have to split it up in two trades. I would also be interested in someone putting that to a test, somehow sounds too good ...

Which MM or ECN brokers can beat Oanda Spread?