Why Oanda over LMAX as a forex trading broker
I got this question from Newsletter subscriber:
i have see some clips on youtube from your LMAX programming.
Now, my question is do you offer also automatic strategies for LMAX ?
Thanks for watching. I have not used or looked at LMAX because of the big improvements in Oanda. You need next to nothing in funding, decent API support with Java, and seemed to escape the Swiss National Bank fiasco without a scratch apparently. That says they must have some good risk management to keep your trading account intact without freezing it or going belly up. With the upcoming uncertainty among leveraged brokers, I will no longer trade but bet with keeping a trading account to a minimum as they may not be protected by the government. It also help Oanda is local to me here being in Toronto .
All my future algos and trading strategies will be part of my ELITE membership once I complete this phase of this upcoming automated trading system I am working on.
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!