Recent content by rwilliams

Not actually sure about USD/JPY - there's an USD in there, but that's certainly right for, say, EUR/JPY or the other crosses. It shows up in the higher spreads charged or in the interest, I guess. It certainly isn't a line-item in the account statement.

Yes, that's what I have, but I have to hedge the amount of my account by buying an equivalent number of units in AUD/USD I have three choices: 1) Hedge 2) Open an account in AUD 3) Neither - just accept exchange fluctuations. 1) is more certain, but if your broker doesn't allow opening a...

Well, maybe - I haven't noticed any such thing, though. I monitored Oanda pricing vs others such as MetaTrader and CMS-Forex's VTSpot, and unless there's collusion between widely different competitors their pricing followed pretty closely most of the time. Oanda do 'clean up' the price to what...

I find execution to be instant (internet willing) most of the time. During news announcements you will find that it's delayed by a few seconds (at least that's my experience) as their server has to process godnose how many orders in a very short space of time. There are no requotes - Oanda's...

Oanda's spread on EUR/USD has been 2 pips for a long time. They've always had better spreads than the competition. 3 pips isn't any kind of 'standard' or anything - market-makers can quote what they like. Market forces will decide if they get any customers or not. As regards the 1.8 pips...

That's wrong (about Oanda, I cmean) - I trade at Oanda and you can trade 24/7. On the weekend the spread on EUR/USD is 10 pips, though. During the week it's mostly 1.8, but can be 2 outside EUR and USD sessions. When the spread's 10 you wouldn't be trading anyhow - it's just a way of allowing...