expat1967 Posted November 14, 2010 Report Share Posted November 14, 2010 Hi All, Was browsing a bit and found at Oanda the chart below. Wow, is the ratio of profitable accounts really that bad... Ouch... Would be interesting to see, what is manual trading and what is auto/api. http://img201.imageshack.us/img201/8352/25849880.jpg Cheers dk1aussie, scarface and CiDER 3 Quote Link to comment Share on other sites More sharing options...
pac Posted December 8, 2010 Report Share Posted December 8, 2010 do you have a profitable honest broker? Quote Link to comment Share on other sites More sharing options...
chrisbenjy Posted December 8, 2010 Report Share Posted December 8, 2010 Interesting. Where did you get the data from? Quote Link to comment Share on other sites More sharing options...
scarface Posted December 9, 2010 Report Share Posted December 9, 2010 Hi All, Good day, what "expat" said was totally true... Oanda is the only broker who doesn't care about whether you make money or not... Surprisingly, I was about to talk such great broker in my poll topic so I can show you what the most important thing in forex is... FYI, if you scalp with Oanda, you could make a lot of money compared to any other broker... Best wishes, SF Quote a New Year 2011 has come, and the challenge has just started 8-) Link to comment Share on other sites More sharing options...
mlee Posted December 10, 2010 Report Share Posted December 10, 2010 There's been quite heavy discussion on this with the advent of CFTC regulations, since US Brokers are now required to disclose this data. Here are some links that I was reading: http://forexmagnates.com/us-forex-brokers-account-profitability-comparison/ And for Oanda specifically - http://forexmagnates.com/oandas-high-profitability-numbers-explained-include-interest/ expat1967 1 Quote Link to comment Share on other sites More sharing options...
Guest Jayman007 Posted December 12, 2010 Report Share Posted December 12, 2010 Oanda does NOT support MT4 as of now. Quote Link to comment Share on other sites More sharing options...
Gott Posted December 13, 2010 Report Share Posted December 13, 2010 Oanda is quite good, but I get more profit from Solutions :) Quote Link to comment Share on other sites More sharing options...
expat1967 Posted December 13, 2010 Author Report Share Posted December 13, 2010 Hi All, lets see the next quartely figures which should be more comparable as the current and explained in the prior links in detail. I doubt it is much of a broker matter and discussion as long it is not a marketmaker. The listet Brokers care about your trade volume and their related markup on spreads or commissions. Its pointing more towards us traders. Are we really trading that bad? What is causing this? Again, see the ratios next quarter since the calculation methods should be more aligned... I would certainly be more happy if the ratio would be the other way around... Cheers Quote Link to comment Share on other sites More sharing options...
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