Oanda, Go markets, or MB trading
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Thread: Oanda, Go markets, or MB trading

  1. #1
    I want to change my current broker, forex.com, since it is spread is large. So I believe which broker I should pick, among three above brokers I recommend to have reduced spread. But a person can give me a piece of information, which broker can I trust, oanda, MB trading, or Move markets. Which broker dont search your stop loss? Which broker can I use scalping trading style?
    Most thank!

  2. #2
    Quote Originally Posted by ;
    MBTrading, since there are a lot of negative comments about recent Oanda action
    and MBTrading pays limit orders
    what Oanda's recent action?! What r u referring to? They r now regulated by the FSA newest news....
    The problem with MB they r not stable, check the dreadful stories on MB's ribbon Particularly when the yen dropped before couple of weeks, ECN my eye, which night Oanda was up generally, Fxcm, Igmarkets... etc MB ( ECN!!!! ) Was down?!

  3. #3
    I am with Oanda, I scalp alot, never discovered they hunt my stops, totally satisfied with them.
    Their customer support is fantastic too.

  4. #4
    Quote Originally Posted by ;
    I am with Oanda, I scalp alot, never noticed they hunt my stops, totally happy with them.
    Their customer service is great too.
    Thank you, any additional experience with 3 broker?

  5. #5
    Honestly I think you've chosen the 3 greatest brokers to choose from (IMvvHO)

    One point I would make about Oanda (that again is personal observation), they go a lot on Sunday before the main markets opens (occasionally!!)
    The event that comes to mind was a GBPJPY commerce which moved 150 pips down before main open then again 30 pips over original close... all trading using a 30pip spread.
    I honestly can say I haven't viewed an open on Oanda for like 2months so that I can't say whether that is currently a normal occurrence... However during Mon-Fri they are put on!
    Gomarkets really are an excellent Broker imho so with MBT... so good research
    HTH

  6. #6
    Quote Originally Posted by ;
    I wish to modify my current broker, forex.com, because it is spread is large. So I believe which broker should pick, one of three preceding brokers I urge to have low spread. But a person can provide me a bit of advice, which broker can trust, oanda, MB trading, or Go markets. Which broker dont hunt your stop loss? Which broker can I use Forex trading fashion?
    Many thank!
    MBT all the way.

  7. #7
    I Have traded off and on with MB for quite awhile. They had some problems with their Navigator Platform a couple of years ago (really, it was dreadful ) but seem to have things in hand now.

    Service is OK, could be better. Occasionally I get the'broker is always right' attitude but no specific complaints. They ask a lot of questions and such once you download a presentation...

  8. #8
    I'd go with MB, Oanda widens the spreads too much too frequently. And, I find that using their Java platform through active market times sucks - it slows right down so you can hardly put a transaction. Also, if you intend on trading Oanda's MT4 using EA's, it does not work the same as other MT4 brokers. The next was an explanation given to me because of some of my trades not closing properly.

    It is understood that Oanada overrides robot's command in Coment tab and robot will drop the rights to shut trades.

    I've moved all of my accounts into MBTrading and IBFX, and I've a lot less issues together.

  9. #9
    My $0.02:

    I would recommend, readily, above all others (not just those recorded here) GO Markets. I have never seen what I would look at a stop hunt, they provide quite narrow spreads (usually on EUR/USD, I detect under a pip) and the customer support is great. I have never experienced a problem withdrawing money and it has in fact been forwarded to me faster than I had been promised.

    I have traded with Oanda and liked them too so if you select this broker, I don't think you will feel like you're being scammed. I really don't think Oanada is a lousy broker but when I had to select between then and then GO, I would pick GO without even a millisecond of jealousy.

  10. #10
    I thought I heard head markets were acting funny lately..research them , I have not seen anyone recommend them in a while.

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