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Re: Oanda just another bucket shop
Spreads were wide 20 then 30 for 2 to 3 minutes at most, dropped to 5 on euro for another minute or two, then back to 1.5 to 1.2.
I was disconnected, but was able to log back in immediately, happened twice.
I will not enter during the wide spreads, and they can be a pain when trying to manage stops during the news. But these are the only problems I have experienced, never had a problem being filled or slippage.
They have some good interest to boot.
Have thought about stepping up to an ECN type broker but a couple of friends have had similar or worse problems with them.
As long as I know what to expect I know how to manage it. over all I like Oanda they are not without their faults.
fwiw,
bear
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