At OANDA, is there no limit to trading volume?

Forex trading
A
amarano
17 Apr 2015, 08:50 4,610 Views
Is it true that trading on oanda deposit can be of any amount & the trading volume also has no limit, & there is also no lot calculation?

3 Answer

R
rachmat 17 Apr 2015, 09:17

To Amarano

As far as we know, that is correct. However, it needs to be considered, what service will be used to make the deposit. Is the deposit fee greater than the funds you will deposit? The calculation of the lot value is almost the same as other brokers. Trading volume is unlimited, but generally in transactions the limit is 100 open floating. If there are 100 open floating that have not been closed, then the 101st BUY SELL cannot be done. Hedging the same currency is not possible. If Averaging is possible, you just can't do a lower close. Trade close must be sequential. If there is:
BUY 1 (-40 Pips)
BUY 2 (-30 Pips)
BUY 3 (-20 pips)
BUY 4 (+10 pips)

You want to close the 4th, this is not possible. You must close the 1st and so on first.
That's my experience with this broker.

Thanks.

S
sukro 17 Apr 2015, 12:10
I once tried to access the Oanda site but was always redirected to oanda.sg.
Is the .com already inaccessible in Indonesia?
R
rachmat 17 Apr 2015, 19:02

Oanda.sg is the Singapore regional/branch office of Oanda. For traders in Indonesia and surrounding areas (Asia Pacific), it appears they will be directed to that branch of Oanda.

Thanks.

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