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Originally Posted by TRADE
Oanda is not the problem really, it is ourselves.
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In most instances that is quite true, people who blame their broker for losses are usually at fault themselves. But we're not talking about loss or gain here, we're talking about a broker's tricks and the excuses he gives to those who know no better.
I've been around these markets for the best part of 12 years now, I've seen quite a bit in that time. I've experienced good brokers, bad brokers, and downright thieving brokers.
There's nothing wrong with trading fundamentals, especially when it's a no-brainer like today's NFP. Here's the comparison, Oanda's platform froze, then lost connection, then connected, then disconnected again. That sequence happens every NFP. Isolated it might not be significant, but put that together with all the other stuff that's going on and you get a different picture. In contrast, CMC's platform was stable, requotes were quick, and orders were filled.
Whether we would survive in the 'real' market is debatable, the thing is this isn't the real market, we're getting sugar-coated price feeds and fills. Everyone can make money, trader and marketmaker, there's no need for companies like Oanda to play tricks like this, they're pissing in our ear and telling us it's raining, there's no need for it.