I didn't abandon my argument about HotspotFXr, im just a bit tired discussing your assumptions (you dont seem to know much about them) . If you really want, i can attach the docs i signed, which was with HotspotFXi Europe Ltd. - that was the entity ...

OANDA Discussion

Fixing mis-trades due to spikes within 15 minutes will be a challenge for them (and for many other firms too), they usually take much longer than that. I'm curious how this will play out, i'm not sure of they are prepared to do it that fast. If they ...

OANDA Discussion

Right, so i suppose they lied on their website and in their regulatury documents about being 'agency only' and about not carrying any risk from prop positions. What about the other firms, are they doing this too? Or are they not doing this, because ...

OANDA Discussion

Pipmitt: So, Interactive Brokers and MBTrading do also operate 'like bucketshops' - since they are retail too? What about shops like ADM or london capital, many people would say 25K account minimums is also retail. Is there any shop out there, safe ...

OANDA Discussion

"Suppressing and smoothing quotes, skewing quotes, having a directional bias according to their book, the underlying market, and momentum, price shading, artificial spikes to provide in-house liquidity, they're all specifically designed to ...

OANDA Discussion

"in reality you're probably paying something like 0.05% round turn compared to around 0.012% on an ECN, that's exorbitant!" Huh? 0.05% of 100K eur = EUR 50 (USD ~70) - so 7 pips at current rates. So since the spread is typically between 0.9 and 1.2 ...

OANDA Discussion

Ah yes, the commission-free MT4-ECNs without market-depth. If something like that counts as an ecn, then the term "ECN" is nothing more than a marketing gimmick.

MT4 with ECN brokers' list

Use that to view historical bid/ask prices from oanda: url These are the prices from the server. If those don't match up with your fills, there is a problem.

OANDA Discussion

Oanda FxGlobalTransfer and Interactive Brokers can do it too. You can deal on their spot-rates - so its no different if you trade on a margin basis or delivery and from a "scam"-perspective its the same. There is a flat fee involved for delivery, so ...

Physical Delivery of Hard Currency

I agree about the conspiracy theories, but why make one up then? I doubt Oanda will (or has ever) admitted to your "automated manual execution". I also doubt that it is necessary at all or that they do it. They just fill everyone at the price they ...

OANDA Discussion

And where exactly have you gained insight to these operational details?

OANDA Discussion

Its not economical to have employees go after 2K nickel-players. You know how much 1 employee costs the firm per month? Not to mention reputational damage that would cause. Also, i doubt if they are aware of an 'exploiter' that they tamper with ...

OANDA Discussion

If ForexSaviour's Link is correct, i doubt they give a shit about < 1 mio. orders. 338 Bio. / Month is ~15 Bio. per day so that's pretty much peanuts.

OANDA Discussion

Well he is out 15K(or so he says), i guess its understandable he is a bit worked up. But yes i don't get it too. The screenshot sure looks messed up. What exactly is a locked order? What were the open positions/open orders/balance before it ...

Locked (hedge) trade can face a Margin Call

I can't see it either. As I read that rule that MMs are not allowed to alter fills to the disadvantage of the client. Now if there is one of those Oanda spikes and my target gets hit 500 pips off-market, they wont be allowed to adjust the trade like ...

Price Adjustment Rule --- put all our accts at risk?

Talking out of your arse much? At IB you see which banks fill your order (UBS, ABN, DB - the usual suspects, a list of participating banks can be found on their website). And there is client-to-client trading too. Orders any amount > 25K units. So ...

Spread Vs. Commission

Fimat is nowadays called 'Newedge' - and they don't deal with individuals at all really.

Help choosing an ECN...

IB has a minimum commission of $2.5 per ticket for f/x, so you need to trade 100K+ units (depending on which pair) to take advantage on their low commission rates. If you trade less than 100K per trade then MB is cheaper. Liquidity and spreads are ...

MB Trading Futures - Introduction

This is a totally hilarious situation. Mathematically deluded 'hedgers' meet inapt broker. If i follow this whole 'hedging' discussion any longer my brain will drip out of my nose.

Proposal to phase out Hedging

Fulltime, you should research a bit how swap-rates are calculated. For some pairs its not unusual that there are negative swaps on both sides - due to the interest rate spread. There is an actively traded market for swaps, and there is a bid/ask ...

MB Trading Futures - Introduction