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Oanda are one of the worst bucketshops of them all and have been known to increase their GBP/USD spread to 200 pips during data releases. Waveslider, these bucketshops are just glorified bookmakers who offer 400:1 leverage in an attempt to get their gullible punters to part with their money. |
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Oanda gives a maximum of 50:1 leverage, I think thats a serious leverage, they have a 1.2 pips spread (real) on eur/usd pair , and there are no IB brokers for them... at news euro/usd spreas can open up to 10 pips... during max 1 minute... think thats the only complaint I would have.... They are quite big forex dealer and it is a member of the National Futures Association (NFA ID #0325821).
I believe Notouch, to keep this forum serious and profesiional should you inform yourself before making such non-fundamented statments... OR if you have material to backup your information, please post it.... cheers Walter.