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Hi,
when they say " 100 % automated " it means, that THEY are 100 %
automated, NOT that you could trade 100 % automated. But you could
utilize their API.
OandA are cosidered by most the "IB" of forex, fast, reliable,
unfriendly, honest and cheap. No customer service, but most systems
designed in the very true longterm interest of the customer. And a
good discussion area with patrons (Dr.Stumm and Dr. Olsen )
partizipating.
So for currencies its IB if you go the futures road and OandA (Olsen
and Associates)if you go for higher leverage forex.
Just a happy customer
frankphd_us
--- In amibroker@xxxxxxxxxxxxxxx, "rkp1" <rkp1@xxxx> wrote:
> Does anyone have any information about or experience with currency
> trading on Oanda.com? This info is from their FAQ:
>
>
> -- Why should I trade with OANDA?
>
> * 100% automated - from market-making through trade execution
>
> * Real-time executable pricing - transparent pricing
>
> * Instant settlement, deal confirmation
>
> * Tight spreads on all major currencies offered - regardless of
> transaction size
> * As low as 2-3 pips
>
> * Smallest transaction sizes available on the Web - no trade minimum
> * Trade as little as $1 and receive tight spreads
>
> * No minimum initial deposit required
>
>
> -- How much does it cost to trade with OANDA?
>
> There are no costs to trade with OANDA. Trading clients pay the
> spread only (2-3 pips on all major currencies traded), no
> commissions or fixed transaction fees.
>
>
> -- What are OANDA's trading hours?
>
> 24 / 7 - OANDA is the only Internet-based platform currently
> accepting trades over the weekend.
>
>
> -- What currencies can I trade in?
>
> OANDA currently offers the following currency pairs:
>
> AUD/JPY, AUD/NZD, AUD/USD, CHF/JPY, EUR/AUD, EUR/CHF, EUR/CZK,
> EUR/DKK, EUR/GBP, EUR/HUF, EUR/JPY, EUR/NOK, EUR/PLN, EUR/SEK,
> EUR/USD, GBP/CHF, GBP/JPY, GBP/USD, NZD/USD, USD/CAD, USD/CHF,
> USD/DKK, USD/HKD, USD/JPY, USD/NOK, USD/SAR, USD/SGD, USD/THB,
> USD/ZAR, and USD/MXN
> OANDA will expand coverage over time.
>
>
> Thanks for any info you can share.
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