[eric341]

Hi, I'm thinking about opening an account with OEC. I'll be mainly trading FESX.

What enticed me was their $0.50 per side commission for the lifetime of the account (special email offer). Is this too good to be true? Infinity charges about 5-6 euros roundturn for the FESX (I think), and there has to be some catch to this! 0.50 just seems ridiculous for commission.

That aside, has anyone experienced any problems with OEC? Particularly issues related to execution and data feed reliability.

Happy trading

[diablo272]

That's a pretty good deal since the exchange fees alone for FESX are more than 1 US dollar per R/T.

And by pretty good deal, I mean that it's probably too good to be true, but why not send them an e-mail or call them to confirm? OEC is a reputable broker if that's what you're asking.

[brownsfan019]

I use OEC and have for awhile. We even started this area of the forum for discussions pertaining to them or the software. Feel free to ask away or send me a PM.

[eric341]

I just emailed them and it looks like the exchange fees for the FESX are $0.72 R/T, so it's not as bad I (or diablo) thought it was.

I also asked them about fees per trade for international customers and it seems they don't charge those either, which is great for me !

I will most likely take the plunge, will keep you guys informed how it goes.

Happy trading

[diablo272]

Just to make sure, are you sure they didn't say 0.72 EURO per R/T?

[eric341]

The rep said $0.72 R/T, but I will ask again to make sure.

[Frank]

I think its a good time --- OEC just did a very major software upgrade and is rapidly improving the platform. OEC still does have some limits in its functionality --- but I believe they are on the right path and are strong in the areas that count most -- latency, outages and total cost of ownership (low commission rates and no hidden fees).

[trade101]

Hello,

0.5 per side is COMMISION on top of EXCHANGE FEES and NFA FEES.