Someone on Twitter recommended me to take a look at these reviews of Oanda. You should know my opinion and it is not exactly favorable for many reasons. I am not sure what is reliable but I think Babypips.com maybe best. Go below to my webinar live on my Youtube channel
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The one I rely on most is this
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Just an FYI note but I only use Oanda now because I have to. I think it is important to remember:
- Be wary of their market making by ensuring to only have virtual stop loss/take profit within your own system you develop.
- I found the API support help desk was useless. They don’t respond at all! You are very dependent on the projects found on GitHub to get by.
- I know of a few reports of lawsuits against. Oanda. I also base this on first hand knowledge.
You will find my Python course will be helpful to develop your own trading system to get around hard stop losses which are signals back to your broker. This could trigger the broker’s market making division to trade against you. One reason is you are letting the broker know your intended take profit or stop loss levels. This is something I would never recommend.
Here is an example of brokers trading against you….
Here is the Python course I speak of
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