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4xis2ez · 20-04-2007, 14:18

I suppose if CMC gets a bunch of traders doing data release trades, they will probably do the same tricks as other brokers.
For what its worth about Oanda, I don't specifically trade news releases, so that is not a problem for me. I like Oanda for their low spreads, fast execution, and no requotes. I have never had any issues such as stop hunting or slipping entries deliberately in their favor. At times I enter a market order and my fill is better than my quote price at the time of clicking for the order. My only concern is safety of funds with a US broker since their is no regulation. I have some experience trading news with Chicago futures and that is not possible to trade there either, big slippage on orders.
I think if a trader avoids trading news then Oanda is one of the best USA brokers out there.

20-04-2007, 14:18	#39
4xis2ez level 3 Join Date: May 2003 Posts: 1,009 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Oanda just another bucket shop I suppose if CMC gets a bunch of traders doing data release trades, they will probably do the same tricks as other brokers. For what its worth about Oanda, I don't specifically trade news releases, so that is not a problem for me. I like Oanda for their low spreads, fast execution, and no requotes. I have never had any issues such as stop hunting or slipping entries deliberately in their favor. At times I enter a market order and my fill is better than my quote price at the time of clicking for the order. My only concern is safety of funds with a US broker since their is no regulation. I have some experience trading news with Chicago futures and that is not possible to trade there either, big slippage on orders. I think if a trader avoids trading news then Oanda is one of the best USA brokers out there.